About Nimble Books

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We will be releasing a fleet of “Nimble” books beginning January 20, 2009 on the theme:

{TOPIC} IN THE AGE OF OBAMA (or McCain).

Signed up so far:

  • GLOBALISTAN IN THE AGE OF OBAMA (Pepe Escobar, Asia Times and Real News Network)
  • THE STRUGGLE FOR MINDS AND WILLS IN THE AGE OF OBAMA (Matt Armstrong, Mountainrunner.us)
  • THREATS IN THE AGE OF OBAMA by Michael Tanji of Threatwatch.org
  • GLOBAL OPINION AND PUBLIC DIPLOMACY IN THE AGE OF OBAMA by Dr. Nancy Snow of Syracuse University

CHRISTIAN CHALLENGES IN THE AGE OF OBAMA, PRIVACY POLICY IN THE AGE OF OBAMA, SCIENCE IN THE AGE OF OBAMA, and so on … limited only by your ingenuity!

This is an open invitation for proposals. The specs for the thematic books are:

  • 8000-40,000 words (32 - 120 pages)
  • Some repurposed material ok
  • Edited collections ok
  • Any political viewpoint ok
  • Illustrations OK, either B&W or color
  • Deadline is Jan. 1, 2008 for publication on  Jan. 20, but the window will be open for later submissions with pub dates up to June 2009.
  • All authors will participate concurrently in Jan. 20 “wall of bloggers” rollout.
  • Nimble Books standard contract.

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  • Don’t tie your proposal to the fact that there are tens of millions of baby boomers, or any other huge group. That’s too generalized an audience for me to address. I aim at niches.  It would be much more useful to discuss the sales histories of books on similar topics.   Historical sales data with 90-day and lifetime averages is available at TitleZ.com for free (no affiliation).

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Every month I go through a “draft choice” process where I pick the next month’s titles. Of course I always plan to release those recently received by contract, but there is usually some “wiggle room” for me to add new ideas or nudge old ones along. My goal is to maximize the likely revenue-earning potential of each month’s “class” of books. So I do a sort of draft: how much time do I have available, how much time do I think each book will take to complete, and much of an earner do I think it will be.

the results of the October 2008 draft are as follows:

  1. FROM GEEK TO PEAK by Thomas Myer
  2. Reread THE DEATHLY HALLOWS Today: Unauthorized, Pithy, Chapter-by-Chapter Perspectives
  3. Battleship Iowa: Why She Matters Today
  4. Littoral Combat Ship Freedom (13th book in the Modern Ships series)

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Pricing Cloud

This is a “pricing cloud” on all Nimble Books — y axis is lifetime revenue per month in print and x axis is $ price. I’m not sure what if anything it tells me!

This is lifetime unit sales (logarithmically) x price — only for LSI books, and not adjusted per month in pub (because, idiotically, LSI does not include the pub date in its financial reporting).

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Possible new logo

done by Richard Worth, author of the forthcoming IN THE SHADOW OF THE BATTLESHIP.  What do you think?

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Oxford English Dictionary Urtext

An original text; the earliest version. Also attrib. or as adj.
1932 Times Lit. Suppl. 14 July 511/3 In these volumes..we have the nearest thing possible in Chopin’s case to an Urtext. 1959 Cambr. Rev. 6 June 598/2 Authoritative editions allegedly based on urtexts. 1963 S. WEINTRAUB Private Shaw & Public Shaw iv. 119 The earlier version still retains advocates, because of its more complete, ur-text quality, and the comfortable feeling that no Procrustean games were played with its vocabulary and sentence structure. 1974 Early Music Oct. 259/1 The edition is urtext, with prefatory staves, showing the original clefs and signatures. 1982 Times 2 Apr. 14/2 An urtext edition of the 21 Schubert piano sonatas. 1983 London Rev. Bks 7-20 July 21/4 Elaborate versions often point back to the gospel of Mark as a kind of cryptic Urtext.

I prefer Ur text, like Baltimore clamp (but unlike the Rosetta Stone). Ur is a place name. I veto OED’s single word version, urtext. Hyphenated is wrong, as the examples Baltimore-clamp or baltimore-clamp make clear.

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I thought I would share with you the results of an analysis I did of my (historically low) efficiency at monetizing my web site via Amazon Associates.

  • Google Analytics page views 1/1/2008 - date: 26032
  • Associates clicks 1303
  • Associates unit sales 14
  • conversion rate 0.0107
  • Associates referral revenue $10.04
  • revenue/month $2.26
  • NB after royalties revenue for referred titles 40
  • Total imputed revenue (referrals + publisher comp)= 50.04
  • Imputed revenue/month $11.29
  • imputed $/page view $0.0019
  • imputed $/1000 page views $1.9222
  • imputed $/click $0.0384
  • imputed $/conversion $3.5743
  • bandwidth used (GB) 56.259
  • GB/month 12.69
  • max GB/month 200
  • days covered 133
  • months 4.433
  • Imputed revenue/GB $0.89
  • overage charge per GB $1.99
  • Cost of High Volume Plans per GB $0.19
  • possible ^ in usage w/o incurring additional bandwidth charge 15.76044129
  • possible ^ imputed revenue by ^ usage x15 w/o additional BW charge =15 x imputed rev /month = $177.89 /month
  • possible ^ imputed revenue by ^ conversion rate x 5 = $889.46

what all this tells me:

* I could increase the usage of my website by a factor of 15.7 before I hit the bandwidth threshold for my account at Pair
* assuming that revenue increased in linear proportion, and that I could improve the conversion rate, I could increase my Associates & Associates-driven revenue into the several hundreds of dollars per month
* increasing usage by x 15 would be hard work, there are other things I could do that would increase revenue more (i.e. publish more or better books)

My website has always been a bit of a mess because I use it as a combined blog and bookstore. It would be better to have a single purpose store. Right now the website is under construction as I experiment with new Amazon Associates widgets.

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April 2008:   Iowa Class Battleships and Alaska Class Large Cruisers Conversion Projects 1942-1964: An Illustrated Technical Reference by Wayne Scarpaci - beautiful paintings of fantastical battleship makeovers that never occurred ... but should have!
May 2008:
Battleship YAMATO: Why She Matters Today
June 2008
:
The John Boyd Roundtable from Zenpundit et al.
July 2008:
Through Stranger Eyes by Hugo and Nebula Award winner David Brin

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This is the latest in a series of periodic updates of the Nimble Books Marketing Playbook.

When I think about marketing books online, I often think of principal components analysis, which is a mathematical technique that is used to reduce the dimensionality of a data set. When you have a phenomenon that is described by a large number of factors, PCA is a tool for identifying the smaller number of variables that account for most of the variance. PCA is often surprisingly effective, sometimes reducing dimensionality from hundreds to single digits. The same concept works for marketing books online: although there are a great many variables, just a handful seem to explain most of the variation.

There are four major variables that you can influence before publication:

  1. Get the positioning right. Are you providing a substantial benefit addressing specific interests of a well-defined audience that likes to buy books?
  2. Maximize keyword discoverability. Discoverability = the intersection of strong keywords with few competing titles.
  3. Maximize quality.
  4. Take a strong point of view.

There are four major variables that you can influence after publication:

  1. Get as many readers as possible to write “real name” reviews on Amazon. Anytime anyone says something nice to you about the book, ask them to repeat it in a review. Reviews appear to every prospective buyer at the point of sale and are free.
  2. Update your email signature, your byline, your blog, and your webpage to point to the book’s Amazon.com detail page.
  3. Sign up with Amazon Connect, Amazon’s marketing service for authors, and create an Amazon blog for your book. But only do one post to the blog, and update it as needed. Knock yourself out on that post, because it’s the only place on your book’s detail page where you can speak directly to the customer and where you can modify your message in near real time.
  4. Send as many review copies as you can to prominent journalists and bloggers who are actually likely to review the book. When there is a good review, plug it in your blog entry (see item #3). I can also incorporate pull quotes in the “editorial reviews” section of the detail page, but I am limited to 20 (!) words, which usually requires severe, Rex Reed-like truncation.

That’s it! This relative handful of activities seems to explain most of the variation in the efficiency of online marketing for Nimble Books.

In a future post, I will list just a few of the dozens of demonstrably cost-ineffective marketing tools that have been devised to separate authors and publishers from their money.

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