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BOOKS BEYOND THE BLOCKBUSTERS thelongtail.com Chris Anderson 172,000 Books/Year “Commercial books” Where are they all going? Almost all books are in the Long Tail Sells more than 5,000 copies 6% Sells less than 5,000 copies 94% LT is more than a third of the market Percentage of total sales (units) Sold less than 5,000 copies 35% Sold more than 50,000 copies 23% Sold between 5,000 and 50,000 copies 42% The average book sells 500 copies a year Fewer than 2,000 books/year (1%) will get any marketing budget at all There has got to be a better way Technology World Technology Book Marketing World Marketing Book Book Publicist Specialty: books Economics Book Economics World Management Book Management World A better way Self publishing (Lulu, etc) Free ebooks Free audiobook downloads for hardcover purchasers? *cough* Google Book Search *cough* DIY marketing DIY Marketing case study April 2004 September 2004 October, 2004 Why do it? 1) 2) 3) 4) 5) 6) Own meme Feed meme Fill dead space between article and book Tap distributed intelligence/research Beta test/peer review Generate book buzz Own and feed the meme Concerns “Giving away the book” “Peaking too soon” “Memetic exhaustion” “Distraction” First year stats Posts: 180 (3.5 a week) Total words written: 120,000 Average daily traffic: 1,600 visitors (year two: 5k) RSS subs: 5,000 (year two: 20k) Technorati rank: ~200 Long Tail marketing Free ARC to any blogger who wants to review it (the LT of book reviewers!) Free ARCs as prizes for reader contests Crowdsourcing coverlines, cover art, etc.. Meetups instead of signings Company speaker series Asking Nicely™ Blog: thelongtail.com