Archive for the ‘Technological Advances’ Category

Ride High in the Club Car or Bump Along Underneath it?

Monday, July 27th, 2009

Talk about trying to catch the train after it has left the station, the big publishing houses are just now looking into Internet and network marketing.  The Internet hit the publishing industry like a runaway freight and it wasn’t truly respected until upstarts like Amazon, and Google were seen riding off into the sunset lifting their glasses of champagne high into the air.

Even now Amazon is leading the book selling revolution with electronic books. What are the traditional guys doing? Mostly moaning about how book sales are down (is that true Amazon?), and gnashing their teeth about how foot traffic into bookstores has decreased.

This is why I say if you go the traditional route your chances of success are very slim.  I’ve read that a new title will get a whole 30 days of shelf exposure before being flung into the discount bin. Or even worse, having their covers ripped off for return credit and the book destroyed. You have to make a big splash early and fast to survive.

Chew on this thought–what if you published your own book and you could take the time it needs to build its audience? What if you controlled the presentation, marketing, and distribution? AND, instead of getting a 10% royalty earned fifteen times as much? This is the essence of self-publishing.

I’m not saying that everyone is ready, willing and able to do what it takes to be a self-publisher, but what most don’t know is that it is easier than you might imagine. You can build yourself up and become an industry thought leader in six months without even leaving home. Blogging makes it possible. The Internet makes almost anything possible. I know–I’m doing it. I started a blog last January (it’s July now) and I’ve had nearly 11,000 hits so far, and my monthly totals are going up, up, and up.

Why am I doing this? Exposure. Name recognition. I haven’t even published my books yet, but before I do I’m laying the groundwork. I’m networking and making world-wide connections daily. That’s so cool I can hardly stand it. If you scroll down the right side of my blog you will come to a yellow map of the world. Click on it and see how far and wide my words have gone.  I even have a language translator so that they can read what I’ve written in their own tongue. Technology–don’t ya’ love it?

Social Networking (web2.0) is flipping the whole book marketing system upside down. It used to be that you would sell books and then people would come to know you. Now people can get to know you and then you sell books. Which method would you rather use?

I’ve been following T.A.P. (The Author Platform) to learn the ropes of blogging and social networking.  Without this guidance I would be lost. TAP very clearly shows the path to follow and gives very valuable tidbits of information along the way. I can heartily endorse it because I use it. Oh, and by-the-way there’s a No Risk 15 day FREE trial too. What could be sweeter? Just click here for more information.

What do I get out of it? I get a little slice of the action, it’s true, but more than that I get the satisfaction of knowing that I’ve helped my fellow self-publishers, which is the same reason I have for creating The Red Hen Association of Self-Publishing Authors (click here for more information). I believe that we all benefit if we strive to raise the bar. We can do that by producing better self-published books, and selling them smarter than the big guys.

Be the Change

Thursday, June 4th, 2009

A good friend bought my lunch (isn’t that the definition of a good friend one who buys your lunch?) and over pasta he mentioned the book TRIBES  by Seth Godin. It’s a small book with a big message. It addresses the changing social and business constructs and envisions a future already here and now, where power and influence are shifting from traditional hierarchies to groups united by common beliefs. The development of the Internet has facilitated this shift in a big way. Leadership is more defined by passion and faith than by wallet. For example in the last US presidential election Barak Obama raised almost 25% more in campaign contributions than Hillary Clinton, and John McCain combined and it flooded in from the Internet. Who would have thought that a relatively new face in Washington could pull together more financing than those two warhorses, an ex-president’s wife and a revered war hero? Why? Because of passion. Because of belief. The people wanted change and were willing to follow a leader who appeared able to create the change.

I’ve written a lot in my blogs about changes. The changes I’ve addressed mostly concern the printing industry, but change is happening on every front, in every field of endeavor. I’ve been sitting on the sidelines of the publishing business, observing, and occasionally commenting (link). Now, it appears, that I’ve been given the opportunity to lead a tribe of self-publishing authors. That was what the lunch was all about. Self-publishing, in my opinion, is on the verge of eclipsing traditional publishing. And with my background in writing, marketing, and printing I am the logical choice to contribute to this movement. I didn’t choose it, but by my preparation, it chose me. That’s another point that Seth makes is that Tribe leaders generally don’t go looking for leadership, instead they see a need and are compelled to fill it. It’s the leader’s faith and passion that attracts their followers.

Mr. Godin discusses the old factory model. Factory workers were hired by owners, who paid them to do a job. The jobs were generally routine and required bosses to make sure everyone stayed in line and did things exactly the way the boss wanted them done. Much like slaves on a galley ship. In this new world run by tribes, we join, or create tribes, because we are drawn to the ideal. We want to make a difference. We think that the purpose of the tribe is valuable, important, and worth giving of our time and effort. The tribe causes the change to happen. If this occurred on the factory floor it would be chaiotic. The smooth production of products would be interrupted. Participating workers would be disaplined and might be in danger of forfeiting their jobs.

I have another  friend who is fond of quoting Ghandhi, “Be the change you want to see [in the world].” The most monumental changes always begin with one person, one person with a vision.

Again the concept isn’t really new. The founding fathers of the United States of America were drawn together because of a mutual belief in freedom and self rule. The leaders stepped forward and the people followed. What’s new is the Internet. Tribes can be formed at lightening speed. Twitter, for example, provides a platform for a succinct idea of 140 words or less, to potentially reach millions of readers within seconds. Can you imagine what Paul Revere would have thought? Riding through the countryside, by horseback, required a commitment of hours and days. Too bad he didn’t have a laptop computer or even a cell phone.

What? You say that you don’t like this new world? You think that 140 character messages lack depth? Too bad for you. The Tribes rule and will only get stronger. Get on board or be left behind.

It’s the Market, Stupid!

Thursday, April 2nd, 2009

It’s not “the economy, stupid” it’s the market. Maybe the phrase should be it’s the market, stupid. Printing companies have been dropping like autumn leaves with no immediate end in sight. According to the NAPL, the future is looking “dim” (my word, not theirs). They expect that a minimum of 4,000 printers to as many as 10,000 will shut down over the next 10 years. Over the last 4 years we saw a decline of 4,800 plants with approximately 150,000 employees. Since 1994 we experienced a loss of over 11,000 plants.

What does all of this mean? It means that the current state of the economy, while rough, isn’t the real reason for the decline in the industry. That’s why I say it’s the market, stupid! Thanks to the Internet,the methods we have used in the past to communicate with one another are withering away. For example:

Newspapers: Major metropolitan newspapers have hit very hard times. Some have already closed shop and many more are about to. It doesn’t take a very clear crystal ball to see that those that continue to exist will be very different from the newspapers of yesteryear. Why? Craig’s List, and other free online classified services eroded the base revenues for the papers. Who would pay for something they can get free, and that has larger reach? Also, every newspaper now publishes their content online. You can do more on a web page than a print page–it’s more flexible. For example you can beef up your story with graphics and movies  on a web page. It’s also timely. Hot news can be displayed on the website within minutes, instead of waiting hours for the next edition to hit the streets. We have no patience.

Magazines: Reuters reports that, “Newsstand and retail sales of U.S. magazines fell 11 percent in the second half of 2008, with celebrity and women’s titles taking a hit as supermarket and drugstore shoppers cut back on spending.” Furthermore, “Fifty percent of all magazines are sold in supermarkets, and obviously those types of places took a major hit.” If the decline in single copy magazine sales is because of the economy, will we see a rebound when the recession ends? And more importantly, when will it end? Again looking through my rather murky crystal ball, I predict many titles disappearing, and those standing will see sharp decreases in readership. Printers relying on magazine printing will be hard hit.

Books: Booksellers report decreases, with the exception of Amazon Media who appears to be up. Amazon is invested deeply in electronics. The Kindle reader entirely eliminates the need for printing. Amazon has also benefited from third party sales (see my For Your Consideration Page on this blog). It is estimated that 1 in 3 books sold at Amazon is actually sold by a third party. Smarter marketing is bringing them more business. Borders reported a loss and announced they are trying to sell their international operations and may sell the whole chain.

Direct Mail Marketing: I was once told by Peter Harrison, a direct marketing expert who is now running Affiliate Crew an internet company, that “Everything that goes in the mail must be printed.” What happens when mail volume goes down? Think about it, banks and other financial organizations have gone paperless. You don’t mail in your bills anymore, you authorize payment on-line. Envelope printers have suffered because of this. Forms printers have also felt the effects. What about other direct mail campaigns? The US Postal Service keeps increasing rates as more and more direct mail companies discover other marketing avenues. The ones left in the game will  bear ever heavier a postage burdens. Once the cost of postage reaches the proverbial camel’s back, the direct mail business will be through. Kaput. What will the post office have to do then, personal letters? Even with my cloudy crystal ball it’s as easy as seeing the housing boom collapse. Really, who didn’t see it coming with overinflated prices, and interest rates at 1%?

Catalogs: I had trouble finding some figures for catalog printing, but I can tell you that the catalogs are pushing web sales more and more. If you think about it they face similar challenges to newspapers. You can just do more on-line to show off your product than you can in print. Why not video the item, particularly clothing, so you can see front, back, and side? Once holographic technology is here the public will insist on 3 dimensional views. It’s just around the corner.

Wedding Invitations & Announcements: I’ll admit that invitations and announcements have never accounted for a big slice of the printing pie, but those printers specializing in them have been hit hard. Why? It’s because people have access to paper options, graphic design programs, and digital printing. They create their own invitations with their own style and creativity.

NAPL also reports that only [are the] larger plants growing in number. Those printers without deep pockets will be swallowed by the others. It’s the law of the jungle. The downside is that more print industry employees will find themselves unemployed. What are their options in the new economy?

Like the dawning of the Industrial Age big changes are happening, but at a much faster pace. What will it be like when clouds in my dirty crystal ball clear? I just don’t know–do you?

The Easy Way To Reach Bill Ruesch
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