With details of upcoming webinars:
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Our most popular webinar series is back! That's
right, I'm hosting another exciting cover critique on Reedsy Live
and this week, I'll be joined by superstar book designer Micaela Alcaino.
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Micaela has most recently worked as a senior
designer for Harper Collins —where she created stunning covers
for genres ranging from Thriller and Fantasy to YA and
Non-Fiction. For this Reedsy Live, Micaela will review over 20
author-submitted designs and give you her
opinion, advice and positive suggestions on how to make sure
your cover works.
To seize this opportunity (and find out how to
submit your own cover design) register for free right now.
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I’m super excited this week because I have a cool
gift for you (from David Gaughran, no less!). But you’ll have to
wait until the end of the email to get it! Of course, you can
always scroll down, but then you’ll miss all of the awesome tips in
the middle 😉
So let’s jump into it. If you remember, last week’s marketing newsletter
was all about driving
traffic to your book pages. We established that the
best way to achieve that is to run
price promotions, and then use price promotion sites
(like Bookbub) to reach readers hungry for free and discounted
books.
The small issue with this strategy is that there’s only a limited
amount of promo sites that are really
worth it in each genre — and they generally prevent you
from running the same promo over and over again.
Bookbub, for example, will not feature the same book more than once
every 6 months. Nor will they feature the same author more than
once every 3 months! If your submission is rejected (as it very
well might be), you have to wait four weeks to re-submit.
So what can you do to complement
the price promo sites? Well, the answer is pretty
clear: do some advertising on your own.
The
power of “free” and “$0.99”
See, the reason why all of these promo sites have
hundreds of thousands (or millions, in Bookbub’s case) of readers
is because they’ve run a lot of ads to grow their mailing list. And
what do their ads promise readers? Free and discounted books.
“Deals” and “sales” are things that readers are always going
to go for. In fact, the word “free” or a “$0.99” price tag are
probably the two things that will have the most impact on a
book advertisement.
Think about it from a reader’s perspective: you’re sipping a cup of
coffee and happily scrolling through your Facebook feed when you
come across an ad about a book (from an unknown author) that
nevertheless looks interesting. You click on it, and land on the
Amazon page. What do you do next?
If you have a lot of time on your hands, you might read the blurb,
reviews, and first chapter to make sure that the book is really
worth it. Then you'd decide whether or not to purchase it.
But I’m betting you
don’t have all that time. So you’ll want to make a
decision right away, and that decision will basically be a gamble:
“Do I gamble my money on this book from an author I’ve never heard
about in my life?”
That’s where the price comes in. Taking a gamble on a $0.99 book is
much, much easier than taking a gamble on a $4.99, $3.99 or even
$2.99 book. Especially when there are already so many other books
out there (from authors you actually know) that you could also be
reading for just $2.99.
That’s why free and $0.99 are so powerful when it comes to ads —
and how all of these book promo sites have built their list. But
here’s the good news: you can easily replicate this on your end. If
you have a free or $0.99 book, try running some ads of your own.
Running
self-serve Bookbub ads
Now, there are two main advertising platforms that
work really well when it comes to advertising free/discounted
books. The first one is Facebook, but it’s by far the most
complicated, so I’m actually planning a whole book about it. That’s
not to say that I won't share some handy tips for Facebook ads
in upcoming newsletters, but for now I want to focus on the second
big advertising platform: Bookbub.
Note: if
you’re wondering why I’m not mentioning Amazon’s advertising
platform, it’s because I don’t think it’s as effective as Bookbub
and Facebook for pushing free/discounted books. It is, however, a
much better platform to advertise full-price books.
I’ve run a few Bookbub ads for author friends and clients, but I
wouldn’t consider myself an expert on it. There is, however, a
proper expert out there who recently released a book on the topic:
David Gaughran, who I’ve mentioned a few times in my past
newsletters.
He’s been kind enough to contribute a free email course to our roster
of Reedsy Learning courses. So if you’re curious about running
Bookbub ads, the best thing you can do this week is sign up for it here — and enjoy
learning from him over the next 10 days!
Until then,
Ricardo, Founder @ Reedsy
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