Saturday, December 3, 2011

Summary of Tracking Solutions

I chose to follow ASI rather than a more traditional publishing house because I was interested to see how a company would position itself and profit from the act of "self-publishing." At first glance, ASI appeared to be forward thinking and were exploring several interesting marketing and partnering opportunities. Over the course of this project, they did not disappoint. There was more activity to report on then I ever expected or could even keep up with. In the past 3 months, ASI hosted their Annual Indie Author Conference, started a script development fund, began this year's Westbow Press - Women in Faith Contest, started a new online resource community, interviewed successful authors, hosted webinars, and participated in the AARP convention. (And that's just a sampling of what ASI has been doing lately.)

Some of the main marketing strategies and messages that I inferred include:
- Constantly engage with audience:
ASI posts at least once a week on their Facebook page, but usually about every 3 days. They also participate on Twitter on a regular basis. The posts and tweets cover all sorts of topics- announcing events, giving writing advice, even advertising career opportunities. In addition to these social media outlets, ASI has been frequently hosting webinars and posting interviews at the Author Learning Center website. ASI also engages their audience in person fairly often by organizing events like book signings, the Annual Indie Author Conference and PitchFests. The more exposure they can get with their audience, the more authority they can build and the more of a trusted resource they can become. It also allows them to keep in touch with what is most important to their clients and potential clients.

- Present self-publishing as an achievable goal for anyone, but at the same time, tailor unique marketing efforts to specific audiences
This strategy is evident in their campaign toward senior citizens. They focus on the "bucket list" angle and the fact that even later in life you can still start a new career to encourage older generations to self publish. ASI participated in the AARP convention and posted articles on older first time authors like Gene Hackman and 92 year old Garnett Reed.

-Allow authors to feel they are still in total control
ASI is careful to position themselves as a guide to help an author navigate the process. Kevin Weiss, even clearly emphasizes this in his interview with Michael Hyatt. The aim is to empower the author- part of the appeal of self-publishing is that the author maintains control over the production of his/her book. ASI does not want to diminish that element. ASI presents a ton of different packages and services that an author can purchase from them. The abundance of choice allows the author to determine the level of involvement they want from ASI and in a way build a very customized experience.

- Look to other media and publishing partnerships in order to grow
Not only does ASI work with self-publishing authors, they have partnered with traditional publishers like Thomas Nelson to form Westbow Press, a Christian self-publishing imprint. In April of this year, they partnered with Guideposts and launched Inspiring Voices, which is a self publishing platform for inspirational stories. As mentioned, ASI has a script development fund and is hosting "PitchFests" for authors to try to get their books adapted into films. Finally, Kevin Weiss, ASI's CEO, spoke about the future of ASI (and I will discuss in more detail at the end of this post), but he specifically mentioned DIY audio books as an avenue of interest. Clearly, ASI does not just think in traditional author to book terms.

- Publicize the success of self-publishing authors that eventually get traditional publishing contracts.
As a company that assists authors with self-publishing, ASI has used the success of authors being picked up by traditional publishers as a selling point. Most recently, ASI posted this article on Facebook about Chris Marks landing a deal with Sea Lion Books. This is interesting for me because at first glance the message seems somewhat conflicting- self-publishing with us is great because you can ultimately get picked up by a "real" publisher and become more legitimate and not even need our services anymore. After a little thought, I do think it is smart in that it may resonate with a variety of audiences. It could capture the attention of the author that has written a book and is struggling to get a contract with a traditional publisher or the writer who is less serious about publishing but might be excited at the thought of being "discovered" without having to endure the rejection and work that typically comes with traditional publishing. It also speaks to the author who still views self-publishing as less prestigious and wants to eventually gain the personal satisfaction of being traditionally published. After consideration, the message does work, especially because out of all of the self-publishing authors out there, only a small percentage are actually going to get contracted by a large house and in essence the message will be attracting more customers then ASI will ever be losing.
As far as the competition goes, I mentioned both Lulu.com and CreateSpace at the beginning of this project and they both share some similarities with ASI, but I believe they differ in one key aspect. Both have active Facebook and Twitter accounts, offer tips for writers and provide blogs and forums for discussions, but both seem to be focused on the end product, the commodity that the user is creating, while ASI appears much more focused on the experience of creating that end product. For example, the last three press releases from CreateSpace were about MTV, VHI, & Lifetime all releasing DVDs through their service. A recent Lulu blog post suggested using Lulu customized products, like personalized calendars, as a holiday fundraiser. It seems to me that these two competitors focus on selling while ASI does not.

As for the future of ASI, in his interview with C.M Rubin that I discussed in an earlier post, Kevin Weiss, CEO of ASI, identified the following major areas of focus: more international business, publishing partnerships, e-book only imprints, better e-book formats, DIY audio books, and children's books. All of these future directions seem to be logical progressions for their business. I would conjecture that the two objectives with the potential to have the greatest impact would be continuing to partner with more traditional publishers and creating better e-book formats.

If ASI can partner with more publishers using the same model they have with Thomas Nelson, the potential for growth here is huge. I would assume that every traditional publishing house (no matter the size) has spent at least some time considering the effects that the self-publishing movement will have on their business. For some it may not be a serious threat today, but if a publishing house could figure out a way to position themselves to profit from the public's desire to self-publish, why not? For ASI, this is hundreds of potential new partnerships, especially with houses that don't have the internal resources or the expertise necessary to develop a self-publishing imprint or strategy on their own. As we have discussed, as the industry continues to change, it will be the companies that have figured out how to change with it and capitalize on those changes that will ultimately survive and be successful.

I would take this idea of partnering with more publishers a step further. Thinking past just traditional publishers, ASI should be looking to add more relationships like the one they have established with Guideposts through the creation of Inspiring Voices. I think that there are many other online communities that have members that regularly contribute to blogs or forums that could be interested in partnering with ASI to create a self-publishing platform. The benefit of these relationships would lie in the fact that there would already be an engaged, contributing group of writers that ASI (and partner) could create a highly focused marketing campaign around.

The second major area of focus for the future should be technology. If ASI is successful in developing a more effective and easier to use e-book format, there would be several opportunities for growth. First, a new technology that makes creating e-books easier would probably entice more self-publishing authors to use ASI's services. In addition to growing their own author customer base, possibly the bigger advantage would lie in licensing the use of their technologies to other publishing companies of all kinds. As the current e-book technology is far from perfect, but undoubtedly the format for the future, an investment in developing a better solution is a worthwhile risk.

ASI should enjoy a long and profitable future if they continue to think as creatively as they have been and take financial risks that are sensible. Although a good amount of ASI's marketing has been free through online networking sites, I have been impressed by the financial investments ASI must have made by hosting events, offering certain free services, developing the film fund and other general marketing campaign expenses like paid advertisements. I do think it is a wise strategy right now, especially since the company is so young, to accept these financial burdens in the hopes of gaining brand recognition and establishing authority in the industry. The key to the longevity of their success will lie in their ability to position their brand as a credible and invaluable resource for both authors and publishers alike. In order to accomplish this ASI will have to continuously engage with their audience and present solutions that make author's and publisher's goals easier to achieve.


Wednesday, November 30, 2011

Author Learning Center Online Interviews and Webinars

The Author Learning Center, discussed in an earlier post, has been actively marketing some of their services and features both on the ASI website and through social media. They are currently promoting a series of webinars as well as online interviews with world renowned authors. The webinars cover topics ranging from blogging and marketing to mental perseverance. From what I can tell, some are offered free of charge and others are included in the yearly membership fee. The most recent of the author series interviews is with Victor Villasenor, a Pulitzer Prize Nominee. Others slated to appear in later informational interviews include Mitch Albom and Elmore Leonard. It seems as though they are delivering quite nicely on the "how to"/expert advice aspect that they previously advertised at the launch of the new online resource center in early October.

Tuesday, November 29, 2011

Actively Involved CEO

Over the course of tracking ASI, I have been impressed by CEO, Kevin Weiss. He has been a fairly active, positive voice in promoting his company and the merits of the publishing industry in general. It seems lately, that his involvement in the media has increased. In late October, Weiss did a video interview with Michael Hyatt, Chairman of Thomas Nelson Publishers, which was posted on Hyatt's blog. Just a few weeks later, on November 16th, another interview with Weiss was included in a Huffington Post article by C. M. Rubin, How Will We Read: A Book By You?. I think in both instances Weiss comes across as not only very likeable and down to earth, but knowledgeable and impartial. He does a good job of subtly promoting Author Solutions, without seeming like a salesman and he provides a general outlook for the industry that is quite optimistic and pretty inspiring. The picture he paints definitely makes self publishing seem appealing, not quite so complicated as one might imagine, and most importantly completely a decision and process that is controlled by the author. After reading and watching him, he just seems like an interesting, comfortable guy- the kind you would want to sit next to at a dinner party or a neighborhood bar.

Sunday, November 20, 2011

ASI and Film

In addition to helping authors create new books, ASI also has directed efforts toward the film industry as well. In early October, they announced that they had established a $1M fund for script development and formed the new production company, FuseFrame.

ASI also developed an event called "PitchFest" which allows authors to network with film industry professionals and have the opportunity to present their books as movie ideas. The first PitchFest took place in LA and it was successful enough that ASI just hosted PitchFest NY in late October. The schedule of PitchFest NY began with a workshop to educate and guide authors in creating effective film pitches, time for the authors to rethink and revise their presentations, and then 2 minute sessions with film industry reps to deliver their pitch. I think the organization of the conference is quite appealing- large conferences can be quite intimidating and it is often difficult to get face time with the people you are hoping to, it seems that this conference makes it easier for less aggressive or connected authors to get the time they desire and the workshop will help ensure that 2 minutes of time is spent as effectively as possible.

Wednesday, November 9, 2011

WestBow Press- Women in Faith Contest

Through WestBow Press (the previously mentioned ASI/Thomas Nelson self-publishing imprint), each year women authors are invited to enter the Women in Faith Contest for the opportunity to win the grand prize of a free, premium self- publishing package and the chance of being offered a contract from Thomas Nelson. This year's submission period started October 1st and will run until Jan 31st, 2012. Contest entry is free and being promoted through ASI on social media and Westbow Press' website. I would imagine that the authors who are not winners and have spent the time and effort to create a book, might then consider purchasing a self-publishing package from Westbow.

The concept of partnering with traditional publishing houses to implement self-publishing imprints is another facet of ASI's business model. ASI is not limited to engaging directly with authors and offering self-publishing packages to individuals, but their focus is diversified and allows for partnerships with other well established publishers which aids in the growth and credibility of their own ASI brand.

Sunday, October 30, 2011

Indie Author Conference

On October 14-15, in Indianapolis, ASI hosted their first Indie Author Conference, which will presumably become an annual event. I think it was a smart, strategic move to bring this virtual, online community together in the "real world." Although the conference was not free, the two day schedule was filled with useful events and opportunities that could be considered worth the expense for the right attendee. From what I could gather, a new author that was fairly unfamiliar with the publishing industry in general would be an ideal attendee.The conference aimed to give aspiring authors the chance to network with publishing professionals and other authors as well as explore and learn about the world of publishing. I think ASI was successful in presenting a program that did not appear to be specifically aimed at gaining new clients for themselves or just promoting the glories of self-publishing.

Every attendee could choose to participate in 5 (out of a list of 18) seminars covering a variety of topics ranging from cover design to marketing tips. Most of these seminar subjects would be useful whether an author chose to self-publish or pursue a more traditional route. ASI also had two keynote speakers, the Chairman of Thomas Nelson Publishers, Michael Hyatt (Thomas Nelson and ASI partnered in 2009 to launch Westbow Press, which is a Christian self-publishing imprint) and Lisa Genova, a best-selling self-publishing author. It appeared to be a well thought out program and an event that would only gain credibility each year if promoted and executed well.

ASI did a fair amount of promoting the event beforehand through their webpage and especially on Facebook. The event had its own Facebook page and several times in the past month ASI created posts on their Facebook page with different details and enticements for the conference. I am interested to see if any information is posted about attendance, any subsequent news or if any online discussions happen on these pages now that the event has passed. I am slightly disappointed that the ASI webpage only has a basic "thank you for attending" note and one link to an article from an Indiana Star writer (despite the way ASI positioned it, the article is not really coverage of the event.) I hope in a little more time ASI (or others) will have more to say specifically about the event and possibly things that come about as a result of this event.

Sunday, October 23, 2011

The "Indie" Position

I have noticed that Author Solutions, in addition to marketing to older generations, (as discussed in an earlier post) has adopted a marketing position created around the concept of "Indie." They just recently hosted an "Indie Author Conference" (more to come about this event in a later post) and published a marketing piece called "The Next Indie Revolution." I think it is an interesting and one must assume intentional choice to use "indie" rather than "independent" in their promotional efforts. It seems to be a collective choice that has been made throughout the self-publishing industry and may not be the brainchild of ASI themselves, but nevertheless it is valuable.
"Indie", for me at least, has connotations of young, hip, unconventional, almost-radical whereas "independent" resonates as more serious, institutional, and conservative. I am further convinced of this as they compare the changes in the publishing industry to those in film and music, which have independent components that are absolutely comprised of sexier, riskier projects that conventional producers and labels would have trouble endorsing. Personally, I would be much more apt to attend the "Indie Author Conference" rather than be a participant in a convention of independent authors and while I was there I would secretly be hoping to meet some seriously off-beat, forward-thinking and possibly scandalous individuals.

Sunday, October 16, 2011

Educating Authors and Building an Online Community


Author Solutions announced earlier this month that one of their divisions, the Author Learning Center, would be launching a new online resource service that would guide authors through the business and development aspects of publishing. For a yearly subscription fee of $149, which is not unreasonable, but substantial enough to lend some gravity to the service, a budding author could use his personalized account to access a variety of tools that would help with project organization, time management, content resources, and online interaction with other authors.

Aside from the tremendous value I see in the project management and sheer logistics guidance, there are also other aspects that are especially innovative and would be quite attractive to myself if I was a new author looking to get started. First, the site promises "how to" advice from prominent authors that comes in a variety of formats (webinars, articles, videos) - it would be like having my own centralized library of literary guidance without having to expend much effort searching for it. Secondly, the "Author Community" feature which allows members to share ideas, post updates, and comment on each other's work would be an interesting avenue to solicit criticism and also inspiration. I imagine this functioning like a "Facebook" for authors- which is a niche that I don't think has been filled in such a specific way until now. An author could have access to writers that would not otherwise be his "friends" on other networks, one could assume the network would be an engaged group, serious about publishing/ writing (based on the fact that they are paying), and it seems it would lend itself easily to marketing and networking opportunities.

ASI has created an online resource that will not only bring additional revenue in through subscription fees, but also will hopefully bring new, successful titles to their brand. Perhaps the easier it is for an author to write a book, the wider the net of new books, the more likely it is the next unknown blockbuster will be found....







Sunday, October 2, 2011

ASI and the AARP

ASI has been focusing marketing efforts towards older generations, not only did they exhibit and publicize their involvement at the 2011 AARP convention this Sept, http://news.yahoo.com/author-solutions-inc-prominent-presence-2011-aarp-life-184012787.html but they also tweeted this link on Sept 13th about Gene Hackman's new book http://www.aarp.org/entertainment/arts-leisure/info-09-2011/gene-hackman.html?sf2169713=1

Initially this marketing direction surprised me. I didn't think senior citizens would be one of the target markets for self-publishing since technological advances and the use of new media aren't things necessarily associated with older generations, but in this article Keith Ogorek, ASI senior vice president of marketing, makes a great point- “Publishing a book is on a lot of people’s bucket lists.” Thinking on it a bit further, not only do you have a story to tell after years of life experience (fictional or not), but I would assume that retirement also allows one the time many people don't have in their younger years to pursue writing.

Who Is Author Solutions....

Background Company Information

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3788404

I have chosen to follow Author Solutions, Inc. They are a privately held company, founded in 2007, that is similar to Amazon’s CreateSpace or Lulu.com. ASI helps authors self-publish and smaller size publishing houses adopt self-publishing and digital platforms as well as find new talent. From my preliminary research, I think they are one of the first, credible resources in what will likely become a large, new segment in the industry. They seem to have their hands in a lot of projects (partnered with Writer’s Digest, deal with Amazon to have all new titles available on Kindle, started a film fund, etc) and I am excited to see what new avenues, partnerships, and services they develop.