Pirate Yourself, Become a Best-Seller
I Don't Believe in Imaginary Property writes "It sounds like a dotcom-era business plan: 1) give it away, 2) ???, 3) make pots of money. Author Paulo 'Pirate' Coelho leapt out of obscurity and onto the best-seller list by giving away his books on the Net. The best-selling author of 'The Alchemist' will even help you pirate his books via his blog. His publishers were not pleased, but then his books went from selling 1,000 copies to 100,000 and then over a million. He gives special credit to pirate translators who are making his work accessible to a wider audience and convincing more people to read his book."
Over and over and over again; We've stated that we believe that it doesn't matter if we can get it for free or not. What matters is that we like it. And in the cases of books, movies and music, if we love it, we will want to buy a copy to place on our shelves!
I have yet to meet anyone with enormous digital collections of copyrighted works that didn't also have enormous physical collections of copyrighted works.
This is yet another clear illustration of what really drives the consumer and forgetting about lawyers trying to justify their existence, let the MARKETERS take notice that this is most likely to be a very successful business model for the future.
Baen Free Library has had much the same experience. Give it away free, sales go up.
"Total destruction the only solution" - Bob Marley
consider this. When you read a book its natural for you to sit with it, printed, preferably in some handy format where you turn pages. It makes sense to let people try before they buy. Personally I sit in my La-Z-Boy with a pot of tea, its nice comfy and let me really enter the world(s) of the book.
Music however got digitized. People don't own high end equipment any longer because the sound will still suck, we are used to music being digital and convenient. A lot of people have gotten used to the idea of music being something massively stored in a box on the network. When you got the music in digital format pirated you don't get any additional value by buying the CD.
RIAA/MPAA still need to get their act together and treat their costumers with respect. (He talks about getting to know your audience)
On a side note, I'm definitely grabbing a copy of the book (as in printed kind from a store) to check it out.
He's not the first author to notice that "giving away" (quotes intended) your books via the Internet leads to increased sales. This might be called an extension of what Baen discovered several years ago. Let people read your books "for free," don't stick restrictions on them, and quite a number of them will end up purchasing those books and others by the author.
I think he's one of the first to really show that encouraging "piracy" actually leads to increased book sales. Obviously, you have to be a good writer in the first place - if your stuff sucks, it doesn't matter whether you give it away or not - but if you are, it'll encourage people to read what you're writing, and buy your books. Somehow, I think that this will get lost on the "suits" at the major publishers, though.
There is no and never will be (in the foreseeable future) a substitute for printed paper books.
This is why people will continue to buy books and how publishers should be making money in this new economy.
So giving away product increases sales? If the sale price is zero how do you make money?
Because you're overlooking an important point. You're talking about the "product" existing in two different formats. One, the electronic version, is being given away. The other, the "dead tree" version, is being sold. The production costs of the first are minimal compared to the second. There is also a real difference in the user experience and quality between the two. Giving away the first product leads to interest in it, and increases the likelihood of someone purchasing the second product.
Publishers already "give away" their product. Go to any library, and you can check out a book "for free." This can lead to interest in a given author, and make the people who read the "free" book look for, and purchase, other books by that author. This is well-known, and has been for years. The only difference is that it is now being extended to electronic media. In effect, the "free" stuff is a loss-leader. You're not making your money off the free stuff, but to increase the sales of the stuff you are making money from.
How about libraries? How do these fit in with your theory of "if you want it, you need to pay for it"? And what is the difference, if any, between loaning a book from a library and downloading it off the Internet?
As an aside, my local library now has e-books as well as audiobooks and music available over the Internet for anyone with a library card.
"Total destruction the only solution" - Bob Marley
Just to clarify - Coelho was very popular long before his blog. I know some of his fans, and none of them even knows he has a blog. Come to think of it, I don't even think his target audience is into reading blogs.
I am willing to bet that releasing the books in electronic format for free hasn't increased his popularity by more than 1%.
Disclaimer: I can't really stand his novels. They are pretty light, claiming and trying to seem deeper and more meaningful. Umberto Eco he clearly ain't.