A new take on ebook windowing
Ebook windowing is a technique designed to prevent ebooks from cannibalizing print book sales. The original thinking went something like this: Release a new title in print format only, thereby preventing e-cannibalization.
The result? Frustrated consumers. If you’re an ebook reader there’s nothing worse than realizing a digital edition doesn’t exist for that new book you recently discovered and were ready to buy. These days it seems the lack of a digital edition isn’t the result of publisher windowing as much as publisher ebook indifference.
I think it’s time to reconsider the windowing model, but with a twist.
Rather than offering print without digital initially, why not offer that ebook exclusively on the publisher’s website? For the first 30 days, for example, the ebook is only available as a direct-to-consumer option from the publisher. Most ebooks are ready for download before the print book anyway, so this is a new way of taking advantage of the print manufacturing and distribution delays. When the final version is ready to send to the printer the publisher can make it available for purchase as an ebook on their site. The e-exclusivity period expires when the book is off the press and in stores a few weeks later.
Two of the big challenges with this approach are:
- Making sure consumers are aware of the initial exclusively direct availability
- Getting consumers to change their buying behavior
Neither of these is easily overcome but both are critical for a successful direct-to-consumer strategy. They also require a long-term commitment, so don’t expect game-changing results initially.
The awareness obstacle starts with creation and careful management of a customer list. Email newsletters are critical and they must contain valuable information and insights, not just one promotional message after another. This isn’t just about emails and list management though. A publisher needs to be committed to building community with their audience, giving them reasons to come to their site on a regular basis, etc. Many publishers have an allergic reaction to this approach; these publishers will never create a successful direct channel.
Raising and maintaining consumer awareness is hard enough, but changing consumer buying behavior has a much higher degree of difficulty. If you’re a Kindle reader and you’ve built a large e-library with Amazon you need a compelling reason to buy your next ebook from somewhere else.
The direct sales model eliminates the retailer and enables the publisher to keep a larger chunk of the revenue. In many cases this means the publisher nets 100% of the selling price vs. only about 50% when the ebook is sold through a retailer. So why not pass a portion of that difference along to consumers? A 40%-off deal during that initial direct-only stage might be a compelling enough reason for some of those Kindle loyalists to consider buying direct instead, especially if the Kindle price ends up being close to list.
I realize this strategy won’t put a dent in Amazon’s ebook dominance. But over time it can enable publishers to build a stronger direct-to-consumer business, the benefits of which include knowing who your customers are, being able to market directly to them and gathering analytics about their reading behavior.