{"id":710,"date":"2015-09-05T20:43:39","date_gmt":"2015-09-05T12:43:39","guid":{"rendered":"http:\/\/blog.haguepublishing.com\/?p=710"},"modified":"2015-09-05T20:43:39","modified_gmt":"2015-09-05T12:43:39","slug":"does-online-advertising-work-for-books","status":"publish","type":"post","link":"https:\/\/haguepublishing.com\/blog\/does-online-advertising-work-for-books\/","title":{"rendered":"Does online advertising work for books?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-711 alignright\" src=\"http:\/\/blog.haguepublishing.com\/wp-content\/uploads\/2015\/09\/2015-08-IBPA-Magazine-234x300.jpg\" alt=\"Cover of IBPA's The Independent showing computer keyboard\" width=\"234\" height=\"300\" srcset=\"https:\/\/haguepublishing.com\/blog\/wp-content\/uploads\/2015\/09\/2015-08-IBPA-Magazine-234x300.jpg 234w, https:\/\/haguepublishing.com\/blog\/wp-content\/uploads\/2015\/09\/2015-08-IBPA-Magazine.jpg 300w\" sizes=\"auto, (max-width: 234px) 100vw, 234px\" \/><\/p>\n<p>For a recent article in IBPA&#8217;s <em>The Independent<\/em>, Linda Carlson put the question of which advertising works to independent publishers and got some interesting, and insightful answers.<\/p>\n<p>Linda&#8217;s questions focussed on:<\/p>\n<ul>\n<li>Print Media Coverage<\/li>\n<li>Paid Reviews<\/li>\n<li>Giveaways and Deep Discounts<\/li>\n<li>Public Relations, and<\/li>\n<li>Online Ads<\/li>\n<\/ul>\n<p>The consensus from those responding were were singularly unenthusiastic about online ads. An example being Devorah Fox&#8217;s comments, president of Mike Byrnes &amp; Associates in Port Aransas, TX, who reported:<\/p>\n<blockquote><p>\u201cWhen we hit 100 likes on our Facebook author page we received $50 in free Facebook advertising. We used it to advertise our book <i>The Lost King<\/i> with an ad that\u2014per Facebook\u2014could be seen by 22 million people and a Sponsored Story that targeted 940 users. There wasn\u2019t a single click-through, and we can\u2019t attribute a single sale to it.\u201d<\/p><\/blockquote>\n<p>The full report is available at:\u00a0<a href=\"http:\/\/www.ibpa-online.org\/article\/marketing-whatever-you-have-to-market-promotion-opportunities-and-issues-part-2\/\">IBPA online &#8211; Marketing whatever you have to market &#8211; promotion opportunities and issues &#8211; part 2<\/a><\/p>\n<p>Back in November 2013 I wrote about a recent poll \u00a0conducted for\u00a0<a href=\"http:\/\/www.usatoday.com\/story\/life\/books\/2013\/10\/06\/e-books-reading\/2877471\/\">USAToday <\/a>and <a title=\"http:\/\/www.bookish.com\/home\" href=\"http:\/\/www.bookish.com\/home\">Bookish<\/a>, a website designed to help people find and buy books, which asked readers\u00a0what factors created interest in a particular book for them. The poll got the\u00a0<span id=\"more-143\"><\/span>following responses:<\/p>\n<ul>\n<li>57% &#8211;\u00a0their own opinion of the writer&#8217;s previous work;<\/li>\n<li>43% &#8211; opinions of a relative and friend (ie &#8220;word of mouth&#8221;);<\/li>\n<li>17% &#8211; professional reviewers and other writers;<\/li>\n<li>16% &#8211;\u00a0the book cover; and<\/li>\n<li>10% &#8211;\u00a0internet opinions by non-professionals (10%).<\/li>\n<\/ul>\n<p>In short, people are interested in a book based on previous knowledge of the author&#8217;s work, word of mouth, or professional reviewers. Advertising simply doesn&#8217;t get a look in. And if you don&#8217;t believe that then you need to consider the click-through rates we get on our own adverts:<\/p>\n<ul>\n<li>Click Through Rate = 0.05%, i.e. for every 2000 views of an advertisement, we expect to get 1 person clicking the advertisement to visit our site; and<\/li>\n<li>Click Rate = 2%, i.e. for every 50 people visiting our site we expect to get 1 sale.<\/li>\n<\/ul>\n<p>Back in May 2014, for a series of blog-ad designed to be viewed 86,000 times we were paying $330. That probably gave us 43 click-throughs, and some where between one and two sales.\u00a0It simply doesn&#8217;t make financial sense. For more information you can read my previous post on this ([p2p type=&#8221;slug&#8221; value=&#8221;marketing-for-authors-what-to-expect-from-click-through-and-conversion-rates&#8221;][\/p2p]).<\/p>\n<p>So does online advertising work for eBooks work? In a word &#8211; <strong>no<\/strong>.<\/p>\n<hr \/>\n<p>If, however, given this information you still want to undertake some social marketing then you may want to check out the article in the same edition of <em>The Independent<\/em>:<br \/>\n<a href=\"http:\/\/www.ibpa-online.org\/article\/a-practical-guide-to-social-media-advertising-part-1\/\" target=\"_blank\">IBPA online &#8211; A practical guide to social media advertising part 1<\/a><\/p>\n<p>For more information about the USAToday poll, and another poll conducted by\u00a0<a href=\"http:\/\/e-bookformattingfairies.blogspot.co.uk\/2013\/08\/the-readers-sound-off-how-they-read.html\">ebookfairies<\/a>\u00a0you can read my previous posts concerning them at:<\/p>\n<ul>\n<li>[p2p type=&#8221;slug&#8221; value=&#8221;how-people-chose-what-ebook-to-read-part-1&#8243;][\/p2p]<\/li>\n<li>[p2p type=&#8221;slug&#8221; value=&#8221;how-people-chose-what-ebook-to-read-part-2&#8243;][\/p2p]<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For a recent article in IBPA&#8217;s The Independent, Linda Carlson put the question of which advertising works to independent publishers and got some interesting, and insightful answers. Linda&#8217;s questions focussed on: Print Media Coverage Paid Reviews Giveaways and Deep Discounts &hellip; <a href=\"https:\/\/haguepublishing.com\/blog\/does-online-advertising-work-for-books\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,24],"tags":[194,195],"class_list":["post-710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publishing","category-marketing-101-for-authors","tag-ibpa","tag-online-advertising"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/posts\/710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/comments?post=710"}],"version-history":[{"count":10,"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/posts\/710\/revisions"}],"predecessor-version":[{"id":721,"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/posts\/710\/revisions\/721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/media\/711"}],"wp:attachment":[{"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/media?parent=710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/categories?post=710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/haguepublishing.com\/blog\/wp-json\/wp\/v2\/tags?post=710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}