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Publishing News in Blogs – Part 1

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A Self-Publisher’s Guide to Kobo

Writer Molly Greene explains Kobo to her (non-Canadian or UK) writing audience and how they set up and sign in with Kobo and how to upload and sell your e-book with them:

“If you’re wondering, “What’s a Kobo?” Here’s the back story: Kobo  entered the scene in 2010, marketing it’s e-Reader as a less expensive alternative to Kindle and Nook, which are currently the best selling e-Reader devices.  That will change if Hiroshi Mikitani gets his way.  Mikitani is CEO of Japan’s largest e-commerce company, Rakuten, which purchased Canadian-owned Kobo in 2011. Since the acquisition, he’s publicly vowed to destroy Amazon – and the competition might just prove to be good news for self-published authors.”  Read her blog post.
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Just went to Kobo’s website  and found this offer: Right now Kobo has a special offer for authors:
“All authors signed up for Kobo Writing Life will automatically get an additional 10% in royalties (80% rather than 70%) for any IPP Term sales between September 1, 2012 and November 30, 2012 EST).”

Find more about Kobo in earlier blogs at Savvybookwriters:
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https://savvybookwriters.wordpress.com/2012/10/02/kobo-now-in-thousands-of-british-book-stores/
https://savvybookwriters.wordpress.com/2012/07/11/kobo-launch-in-japan-and-also-in-italy-this-fall/
https://savvybookwriters.wordpress.com/2012/06/06/kobo-takes-on-amazon-with-kobo-writing-life/
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Digital Book World writes:
1’200 publishers surveyed: Children’s e-books surge – while trade paperback books s sagged

“Revenues from children’s and young adult e-books were up to $146.4 million in the first half of 2012, an increase of 252% over the same period last year. Adult trade e-books up 34.4%, trade paperback sales are down about 20%, e-book sales increased by 52%.  From 2007 through 2011, e-book sales doubled or more every year. Digital publishing revenues grew by 27%.
Read the complete Digital Book World article.

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More in # 2 Publishing News:  Sexist Book Reviews, Barnes & Noble pulls the plug for Amazon …
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KOBO Takes On Amazon with KOBO “Writing Life”

Digital reading company KOBO is launching a competitor to Amazon’s KDP and B&N’s PubIt: KOBO “Writing Life”, a free self-publishing platform for independent authors and publishers.

Writing Life is in beta tests with 50 authors now and will launch in English by the end of June. Authors who were asked what they felt was most important in a self-publishing platform, wanted: openness, control, great royalties, clear and instant reporting and global reach. Powerful but simple.

KOBO takes on Amazon’s KDP program on its website: “Unlike some self-publishing portals, KOBO doesn’t bind you to us. Publish to KOBO and take your ePub to your adoring fans, no matter where they might be. You’re free to sell your eBook the way you want.”

KOBO allows authors to set their book price to “FREE” at any time without restrictive exclusive agreements, in addition, KOBO pays 10% higher royalties on sales in many growing international markets and allows authors much more freedom on pricing. “Writing Life” also gives authors an analytics dashboard showing real-time sales stats, including sales by country.

From their press release:
E-book downloads up 400%, e-reader device sales up 160 % and the number of people reading internationally with KOBO up 280% and 8 million users in 190 countries.

KOBO was acquired by Japanese e-commerce company Rakuten for $315 million in November 2011 and will be launching in Japan, with subsequent launches planned for Portugal, Spain, Italy, with more launches to follow. These markets have distinct needs for digital reading and KOBO intends to provide access in regions where printed books are inaccessible and where electronic devices can be more easily obtained.

KOBO’s “Writing Life” launch seems to be good news for authors and publishers alike who don’t want to put their “eggs in one basket only”.  

Read more:

http://www.kobobooks.com/KoboWritingLIfe

http://www.sacbee.com/2012/06/05/4539143/kobo-writing-life-delivers-best.html

http://www.publishersweekly.com/pw/by-topic/digital/retailing/article/52275-kobo-to-launch-kobo-writing-life-self-publishing-portal.html
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