Scary Book Facts - We Must Reinvent

This is the second post in a continuing series from a technology seminar by Creative Strategies at Thomas Nelson on October 23, 2009.

Consider these facts presented by Creative Strategies:

• 80% of US households did not buy or read a book last year


• 70% of US households did not enter a bookstore last year


• 42% of college graduates never read a book after college


• 33% of high school graduates never read a book again


• 52% of books are not read to completion
  

The last point I get. I probably finish a book about 70% of the time, because I usually get it about halfway through. In fact, I am more likely to read a full book with Seth Godin’s formatting in Tribes than I am to read a whole traditional chapter format book.

For us book publishers, those facts if indeed true, are downright scary. The solution, as regular readers of my blog know, is for book publishers to become content producers to provide product in any format a consumer wants to consume our education, message and entertainment.

This is why our DigiReady efforts at Thomas Nelson are so important. Our company is embracing DigiReady. DigiReady is one of many things we will need to do differently in the coming years to stay relevant. I am certain we will make the transition, despite the unavoidable pain that will come with it.

We have great content. We must reinvent it; not just repurpose content.

DigiReady Update

Two weeks ago we completed the first two DigiReady training seminars. We trained 16 freelancers and 11 additional internal editors for a total of 15 trained internal editors. We surveyed them, and the results are overall positive. The general findings are:

1. Being 100% DigiReady is critical to our future
2. We are far ahead of our competition
3. DigiReady will increase our sales
4. DigiReady will streamline our processes
5. DigiReady will improve our quality
6. Need to train other freelancers working with editors
7. DigiReady is going to put additional pressure on editor's limited time

The final point #7 is not a surprise. It does put additional time pressure on our editors. Through the numerous DigiReady pilots, however, we have learned that DigiReady gets noticeably easy after about three titles. Like most things in life, there is a learning curve. And, the DigiReady team is looking for ways to always improve the process.

#6 we will be addressing with an additional training seminar in November for freelancers. We are finding most freelancers see the DigiReady training as a way for them to be more valuable to Thomas Nelson and other publishers, which they are!

Nelson editors...don't forget about the follow up internal training on November 10. Not only is it a chance for us to get together and discuss issues, but you can win prizes!! We will have $50 gift cards for the winners of certain categories and a grand prize of a new Kindle 2 for the editor that we feel best utilizes the DigiReady process. The categories are:

• Most MSS
• Most Accurate MSS
• Most Complex MSS
• Best Success Story
• Worst Nightmare Story
  

Again, a big thanks to our hardworking editors and freelancers for making Nelson a publishing leader.

Digital Leadership

On July 23rd I posted a blog titled R U DigiReady? The blog discussed what DigiReady means, and why we are implementing the DigiReady process at Thomas Nelson. As the post indicates, this is why we are training our folks on DigiReady:

1. Increase Sales
2. Reduce Cycle Time
3. Improve Productivity
4. Better Marketing
   

DigiReady will allow us to simultaneously launch product in multiple formats, print and digital. If you have any questions about the explosive growth of e-books, check out Michael Shatzkin's latest blog. In some cases over 35% of Amazon sales of a book are the e-book format. Apple, among others, is about to enter the market with their own device. We can't be DigiReady fast enough.

Next week we begin training our freelancers and editors on how to create DigiReady products at Thomas Nelson. We are training 16 outside freelancers and 14 internal editors. (That’s in addition to the four internal editors already trained.) Please support them as they learn this new process. Like any change, it takes some time to become the new standard operating procedure. There will be bumps along the way, and we will work through them.

We have completed 14 DigiReady pilots to date. This is what our editors are saying about DigiReady:

“This DigiReady process is the best thing we could do to protect the life of a book. We want these words to reach as many people as possible; this is a simple, easy way to make sure that happens.” Jennifer McNeil, Editor, Nonfiction Trade Group

"Just ask yourself, what will publishing look like in one hundred years from now? For Thomas Nelson to thrive then and now, digitally-ready content is the ceterpiece of good business, good stewardship, and good strategy." Bryan Norman, Senior Editor, Non-fiction Trade Group

“One of the biggest benefits of making our documents DigiReady is that it enables the elements of the manuscripts to be thought out more thoroughly before they go to Book and Graphic. This structure should really enhance our communication with Debbie and her team on the front end of our process and cut down on style issues with our proofs.” MacKenzie Howard, Editor, Children's Books and Education

“Electronic publishing is an important part of the Bible reference market today, and it will only become larger in the future. Creating really useful electronic versions of our backlist books and Bibles—files with active links for Bible references for instance—currently requires a lot of work for each electronic platform we want to use. The DigiReady process will minimize the duplicated work and produce files that work on a variety of devices with little additional editorial effort.” Michael Stephens, Ph.D. Acquisitions Editor - Bible, Reference, and Curriculum

Thanks in advance to all the Thomas Nelson editors and freelancers that will be learning DigiReady. Your efforts will place Thomas Nelson on the leading edge of publishing today.

R U DigiReady?

“Just ask yourself, what will publishing look like one hundred years from now? For Thomas Nelson to thrive then and now, digitally-ready content is the centerpiece of good business, good stewardship, and good strategy.” Bryan Norman, Senior Editor Nonfiction Trade Group

Thomas Nelson is about to start a very important initiative called DigiReady. DigiReady is a new process we will be implementing in editorial and Book and Graphic Design that allows for all titles to be published simultaneously in print and any electronic format.

Here’s why DigiReady is important:

Increased Sales – Today 17% of our Amazon sales are in e-book format, when we have both versions available on Amazon simultaneously. This percentage has been increasing monthly. Currently a new title is not generally ready for digital-release on the Kindle for weeks costing the company valuable sales. Today a new title has to go through a completely separate conversion process. DigiReady will allow us to make more digital sales more quickly starting the day a title is launched in its print format.

Reduced Cycle Time – The DigiReady process will cut between 2–12 weeks off of the time-to-market for a book. The quicker we can get a book to market, the sooner we can start selling it, and the faster we can recover our investment.

Improved Productivity – The DigiReady process will allow us to reduce a title’s digital conversion costs. It will also allow us to create derivative and bundled products much less expensively.

Better Marketing – DigiReady allows our marketing people to quickly send snippets or chapters of books to partners that can promote our book, such as online communities, web sites, and retailers. This will be very important for getting our books noticed quickly on Google and Amazon.

Our editorial staff will be going though initial DigiReady training on August 20 with a follow up session in early October. Basically, our editorial folks will be learning to apply styles to their MS Word manuscripts prior to sending them to BGD, allowing these many benefits to the company.

The company has done 14 DigiReady pilots so far. Like any new process there is a learning curve; the more you do it the better you get at it. For an average trade book, it takes an additional 3–4 hours over the life of the project for the editorial staff to make a book DigiReady; longer for more complicated books and shorter for simpler books.

The training will be conducted by Debbie Eicholtz and these brave editorial folks who did the pilots:

• Jennifer McNeil
• MacKenzie Howard
• Bryan Norman
• Michael Stephens

They will also be our subject matter experts. I want to thank these folks for leading necessary change at Thomas Nelson so that we can quickly capture the digital opportunities available today for our content. The team has plans for making this training fun.

Like any new process or technology, there will be problems. The important thing is to make those problems learning opportunities, and share them with others so we can all be DigiReady as soon as possible. We have set up a page on Sharepoint where folks can share their learnings.

Thanks in advance to our editorial and BGD folks who will be at the center of making Thomas Nelson DigiReady. I would ask that the rest of the company support our editorial staffs as they learn DigiReady.

Finally, none of this would be possible without the deep research and solutions from Bob Edington and the Internet team. I appreciate their hard work and service.

You will see and hear much more about DigiReady in the next 30 days. Please send me your questions. We can all learn together.