UPDATE:I’m informed on Friday (August 24) that Digital Book World WILL begin adding authors’ names to its ebook listings in its new eBook Best-Seller List, starting Monday (August 27) with its second weekly release of the list. Glad to know that a whiff of our Ether here seems to have been inhaled.
Here is our original post.
All I’m askin’ Is for a little respect when you come home
(just a little bit)
Now, honey, you can find out more, just a little bit, about what ebooks mean to me and you with respect to the market, in a new and welcome ebook-only best-seller list from Digital Book World.
What you won’t find out? –who the authors are.
That’s #DBW to your tweetly neighbors, one of the verticals of F+W Media. And today, it’s inaugurating its interesting DBW eBook Best-Seller List, which keys into pricing as a way to evaluate what’s selling and for how much.
Each Monday, you’ll see not only the best-selling 25 ebooks, all told, of the previous week, but also the Top 10* in each of these price bands:
$10 and above
$8-$9.99 *We see a Top 8 in this band in the early look I’m being given, not 10, and that’s because only eight ebooks from the $8-$9.99 group placed in the Top 100 ebook best-sellers, from which these breakouts are drawn.
In the absence of real-time, raw sales numbers for all the retailers — which nobody has — we thought it best to address some of the problems with current e-book best-seller lists:
One-hit wonders
No differentiation between $0.99 e-books and $12.99 e-books
No accounting for which publishers are selling the most e-books
In her advance writeup on the new list, F+W’s Stacie Berger explains:
The list…aggregates the previous full week’s sales ranking data from Amazon, Nook, Google, Kobo and Sony…Price is a fundamental correlative to sales; reporting, tracking and analyzing pricing and its relationship to e-book sales is the primary objective of the weekly Digital Book World best-seller list.
F+W CEO David Nussbaum gets it right in his quote for the news release:
“Because it is still a very young business, the entire channel — authors, agents, publishers, and consumers — need clear and focused information about best-sellers. We aim to provide that with our new DBW tool.”
Good to see authors mentioned in Nussbaum’s comment, right?
So it would be even better to see them listed with their works on the new DBW eBook Best-Seller List. That’s not happening, at least not in the advance copy of the debut list provided to the media.
While the digital dynamic and its pricing upheavals are gathering enough weight to warrant this kind of specialized attention, ebooks appear to be writing themselves. The Miracle at DBW, of course, is easily remedied, and probably the result of an oversight as the industry! the industry! learns new patterns of recognition.
The new list, with publishers properly attached to each entry, has much to commend it, and will be even more valuable when the inclusion of authors’ names brings it up alongside the author-inclusive lists of the New York Times, USA Today, the Los Angeles Times, GalleyCat in its self-published best-seller lists, and others.
Whoa, babe (just a little bit)
A little respect (just a little bit)
Meanwhile, there are useful points to note in this week’s initial outing.
Got an email from a "fan" outraged that a novel I've been working on for two years, six days a week is $13 in ebook. Enjoy your $4 coffee.
As Berger’s prepared material also points out — the Top 25 list includes only four ebooks not published by Big Six houses.
Those four are the three books in The Hunger Games series by Suzanne Collins, from Scholastic. And there’s Kaaberbøl and Friis’ The Boy in the Suitcase mentioned above, which is published by Soho Press.
Self-publishing enthusiasts may be concerned to note that only two self-published ebooks appear to figure into the various rankings in the first week’s outing for the DBW list.
In the Top 10 breakout for ebooks selling at $0 to $2.99, Sarah’s Surrender by Lynda Chase is ranked No. 5 on this breakout scale (No. 26 on the main list).
And Weekends Required by Sydney Landon is at No. 9 on this breakout (No. 30 on the main list).
The listings for self-published authors do note those authors’ names, by the way, the notation taking the form of “Self: Lynda Chance” and “Self: Sydney Landon.”
In creating its new list, DBW acknowledges the guidance of:
Higher Prices Rule
Author E.L. James’ Fifty Shades ebooks, at Nos. 1, 2, and 4 on the inaugural list, are priced at $9.99.
The real story in this first week’s release of the new list lies in the pricier ebooks.
The Top 25 is dominated not only by ebooks published by major houses but also by price points on the upper end.
I count 17 of the Top 25 selling at $9.99 or higher. Four more are priced between $5 and $7.99.
These rankings won’t gladden the eyes of publishing community members who favor those ultra-low prices. But the value here is the data-based provision of this big picture by Iobyte Solutions. Even when the news isn’t what some want, clarity has its payoffs.
Author Gillian Flynn’s Gone Girl, at No. 3 in this week’s debut ebook list, sells for $12.99.
Those working in the self- and small-publishing fields of the industry may see new goals in the trends arrayed for us over weeks and months to come with the DBW list.
Authors who are studying the best routes for their projects — often a “hybrid” mix of traditional and non-traditional publishing — might find new direction in genre, price points, and staying power on these lists.
Whether the news is what you’d like it to be or something else, DBW has offered us a new tool, a new way to see how things are looking in the ebook market.
And for that — while eagerly watching for those authors’ credits — we can certainly show some respect.
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What do you think? Is there value for you in the approach DBW’s new ebook best-seller list is taking? How would you account for the small number of low-priced ebooks in the Top 25? And how would you account for the overwhelming dominance of major houses’ ebooks on the list?
Porter Anderson (@Porter_Anderson) is a journalist and consultant in publishing. He’s The Bookseller’s (London) Associate Editor in charge of The FutureBook. He’s a featured writer with Thought Catalog (New York), which carries his reports, commentary, and frequent Music for Writers interviews with composers and musicians. And he’s a regular contributor of “Provocations in Publishing” with Writer Unboxed. Through his consultancy, Porter Anderson Media, Porter covers, programs, and speaks at publishing conferences and other events in Europe and the US, and works with various players in publishing, such as Library Journal’s SELF-e, Frankfurt Book Fair’s Business Club, and authors. You can follow his editorial output at Porter Anderson Media, and via this RSS link.