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Why the Kindle Self-Publishing Craze Doesn’t Matter
In my 3 years of participating in the awesome WordPress Goldmine community forum, I’ve never seen such a passionate debate occurring over the validity of the latest “Flavor of the Month” – self publishing via Amazon Kindle.
The Kindle boards are lighting up like crazy right now. People are lining up to write eBooks until their hands fall off.
At this point, Kindle publishing is the definition of the “next big thing”.
But is it?
One benefit of being involved in making money online for over a decade is that I’ve had time to watch the tidal wave of “next big things” rise and fall.
People are excited about the “opportunity” to write an eBook, upload it to Amazon, and have people find it and buy it.
Making sales is a very heady thing.
The amount doesn’t matter.
It’s the sweet, sweet rush that comes with someone validating you (not necessarily your book, and that’s key here) by purchasing something that you’ve created.
The problem is, just like the problem many people have run into with the recent Google Panda and Penguin updates, is that your “business” quickly becomes overly dependent upon a distribution source that is almost completely out of your control.
In addition, as the masses flood the Kindle market with their products, a big bottleneck is produced.
Consider:
1. Tens of thousands of people are writing Kindle books right now. I expect that to reach a level of “hundreds of thousands” in fairly short order. Many writers are creating dozens of books. Do the math. It’s scary.
2. Soon, it will become impossible to be seen among the throngs of authors/publishers (envision a scenario where a search for a book on ADHD brings back 300,000 books…how will you be found? How will you stand out from the crowd?
3. With millions (eventually tens of millions) of self-published eBooks eventually floating around, they will become a commodity. You need a LOT of customers to make a living selling eBooks at 99 cents. Can you grow a list big enough, fast enough, to support that model before Amazon changes the rules, as Google has done before them?
It’s about MORE than just publishing to Amazon
Shifting gears just a bit…then I’ll tie it all together…
Many people are amazed at the level of income the Pat Flynn brings in.
I am too.
How can a guy with no products of his own, and really nothing more than a blog, create a $500,000 a year income?
He shared it in a podcast, but because I’m so ADD that I can’t sit still for more than 2 minutes to listen to anything, I missed it for the longest time.
I think a lot of other people are missing it too.
It’s a strategy he calls “Be Everywhere”.
You see, internet marketers and “lifestyle” bloggers occupy two similar, yet radically different worlds:
- Each produces a lot of content
- Each wants to ultimately make money off of that content
But here’s the BIG difference between them:
- Internet marketers tend to place themselves behind their words
- Lifestyle bloggers tend to place themselves in front of their words
What do I mean by this?
An internet marketer who does a product review will often talk about the product, its features, and its benefits (and if they’re good marketers, the weaknesses too).
They might even tell a short, relate-able story about it.
But the whole time, the product is front and center.
On the other hand, lifestyle bloggers know how to create a “cult of personality”. They craft words in such a way that you feel like you know them personally. They interact with their readers on a regular basis.
Over time, you come to trust what they say and how they say it.
The problem is, too many lifestyle bloggers never quite figure out how to put a product in front of you and get you to open their wallet. The handful that have almost exclusively do it through their own products.
For reasons I’m still unclear about, most lifestyle bloggers really struggle to sell other people’s products.
Pat Flynn succeeds simply because he has found a way to merge these two worlds in a way that no one else has still figured out,
3 years later.
Pat is a master of both worlds. He knows how to create a cult of personality and become a well known name within his sphere of influence.
At the same time, Pat has also mastered the art of product promotion. He skillfully brings you into his world, creates an amazing level of trust, then subtly (and honestly!) places a product in front of you and says, “I like this. I use it. I think you might like it too.”
The result?
People buy in droves, because he and the product stand side-by-side, instead of one being in front of the other.
It might sound simple – particularly if you have some experience on one side or the other.
But Pat succeeds for two simple reasons:
1. It’s much harder than it looks to do this right, and he has been willing to put in the massive amount of time and effort it takes to do this successfully
2. Pat has learned that the product is only 10% of the equation
If the product is only 10% of the equation, then what is the other 90%?
That’s where the “Be Everywhere” strategy comes in.
As the internet continues to change and evolve at a dizzying pace, Pat figured out (3 years before everyone else) that he needed to bring people into his sphere of influence by any means possible.
Pat uses all of the standard marketing resources available to him (Google, Twitter, Facebook, Podcasting and much more).
But he also cultivates a following not by “doing social marketing” (and this is key). He does it by being social.
One method focuses on tools and methodologies. The other focuses on actually making real connections with real people. In the early days, Pat did this by responding to every single person who left a comment.
He still does this by responding to a fair number of comments, and being responsive via email as well. He interacts with the people who come to him, and then he goes out and interacts with new people who aren’t yet in his sphere.
A lot of people talk about “writing guest posts”, but are you developing and cultivating a relationship with those blog owners? (And not a relationship based on “what we can do for each other”. I’m talking about genuinely getting to know someone.)
Pat uses every single means at his disposal to bring people in. And once they’re in, he knows exactly what to do with them, as he and his content stand proudly side-by-side.
Finally…
Bringing this back to books…let me ask you a question.
If you buy Stephen King novels, why do you buy them?
Is because you just know it’s going to be a great, thrilling, horror book that will keep you on the edge of your seat?
Or is it because Stephen King wrote it?
For most people, it’s both.
You can’t really separate the two now, can you? Stephen King and his content stand proudly side-by-side, inviting you into their world.
Early in his career, it was about the content he produced. As he brought people into his sphere, he moved from behind the work to beside the work. And he used every tool at his disposal to promote both (himself and his work).
So here’s the point of this long-winded diatribe…
Kindle books don’t matter. Just like blogs don’t matter, affiliate products don’t matter, niche sites don’t matter, membership sites don’t matter….
What matters is whether or not you are willing to take your “front-end product”, whatever that might be, put yourself out into the world, side-by-side with your creation, and bring people into your sphere of influence, by any (legal) means necessary.
Bring people into your world. Immerse them in who you are and what you have to offer them. Take care of them, treat them right. Treat them like people. Get to know as many as you can on a “real” level.
Even in a digital world, word of mouth is still the best advertising you can possibly receive. Go out there and make that happen, whether it’s with a Kindle book or something else entirely.
Find your path. Walk that path every single day. Make it a part of who you are at your core.
If you do…success will ultimately find you.




Keith
Hi Mike,
Nice post mate. Enjoyed reading it, and it made a lot of sense to me.
I am one of the folk writing ebooks at the moment.
Why?
Because I love doing it. I have rid myself of the struggle to rank web sites, the struggle to get over the latest Google tantrum, and finally I dont care what they do. I am having fun, and making money at the same time.
I agree that there are a lot of folk writing these books at the moment, but that will die off in time, as those that think of this solely as a markting venture move into something else. The ones that actually love to write them will stick around.
But, if you look at the millions , or is it Billions of web sites that are out there for products that affiliates promote, the eBook competition is a drop in the ocean compared to that.
Its still early days and with the countries that are now starting to get readers at reasonable rates, the market share of ebooks is rising, but is still only 10% or less in most places of book sales. There is plenty of room to grow with this yet.
Cheers
Keith
Mike Long
Hi Keith!
I actually agree with you completely from the standpoint of there being tons of opportunity right now.
I think what I fear most is that tons of people will end up like I did. They’ll end up quitting their jobs to do this full time, it will go well for awhile, then they will slowly get squeezed out by those who are more aggressive in their marketing, or more lateral in their thinking. Their income will dwindle and their self-confidence will be shot.
Yes, I’m projecting a bit.
But if it happened to me in one genre of internet marketing, it can certainly happen to others in another genre of internet marketing.
My take on the whole situation is – make hay while the sun shines. Earn as much on the Kindle platform as you can. But never forget that the climate can change in an instant, and be sure to protect your business by diversifying in some way shape or for, well before it becomes a necessity.
Jeff Bernstein
Mike,
So nice reading you again. There was a big gap and I thought health concerns may be the reason? You are so right about putting heart and soul into what you do. There are no real push button or turn key success formulas as many internet marketers will lead you to believe. I just finished reading “The Thank You Economy” by Gary Vaynerchuck and it’s all about customer service and using social media, but you need to be genuine in responding to your customers. Auto responder emails are not the solution to building rapport with your members or potential members. You need to get the feeling that a real person is reaching out to you. Thanks for a great post.
Mike Long
Thanks Jeff!
No health concerns thankfully. My brain injury is 30 years old and was (mostly) hidden to me until a few months ago. I’m still dealing with some of the psychological ramifications of that (30 years of thinking I was just unfocused and unmotivated instead of having a legitimate, biophysical reason for it), but otherwise I’m doing great.
The reason for the long gaps in posting is simple – I have a real approach/avoidance conflict with blogging. I have a lot of info I want to get out into the world, but there are also a lot of people out there who take great joy in trying to bring others down. And unfortunately, I really struggle with the naysayers and the argumentative folks. I’m better than I used to be, but they still get under my skin. Once again, I don’t know how Pat Flynn does it.
I’m trying to find a way to balance my need to help people, with my need to sort of be more quietly in the background. I have a few ideas, but I’m still working through it.
I feel badly because my list is being ignored while I work to figure it out. I hope they’re able to be patient while I work through this. I’ll do my best to make it worth their while.
Geoffrey
Mike, this is awesome, and in my opinion so true.
People do business with people. It’s a universal truth.
Mike Long
Thanks Geoffrey,
It’s definitely a universal truth – one that is quickly forgotten about by newbies coming online with million dollar dreams.
Mark Thompson
Mike, Nice post and thats a great angle that you can it from… I am a big Fan of Pat Flynn’s methods and they certainly work for him.
I noticed one of the previous comments from Jeff mentioned that Autoresponders weren’t a good way to build a rapport, i’d have to disagree, Bad autoresponder emails aren’t a good way to build a rapport but if they are done well there is no better way.
Jeff Bernstein
Mark, I have to agree with you. I bad auto response is like a bad form letter, cold and impersonal. It’s also like reading from a teleprompter when making a video. With experience comes a more natural sounding script and it’s difficult to tell if the person in front of the camera is being spontaneous or reading the words.
Mike Long
Jeff,
Agree wholeheartedly that an autoresponder is totally dependent upon the creator’s ability to create compelling content that draws the reader in and develops a connection. As readers get more savvy, the importance of this will only increase.
Mike Long
Hi Mark!
Absolutely…I think what gets lost of people who are new to this is that developing a relationship and building trust is vital to creating long term customers. As you know better than most, treating your list well can pay you many times over for years and years.
Mike Duane
On your bottle neck theory:
Data. Where’s the data? Without it, your bottle neck theory is just one person’s best guess. Amazon is huge, massive. People there are buyers. Being seen among the competition will never be a problem if you’re shrewd, talented, creative. New sub-niches pop out of thin air everyday because the world is a changing and evolving place. This means new untapped opportunities. There are 40 billion webpages now http://www.worldwidewebsize.com/ and yet if you know what you’re doing, getting traffic from search engines is a routine thing for competent IMer’s. Hundreds of thousands of kindle books may mean nothing to authors who understand Amazon as well as competent IM’ers understand the web.
Data. Charts. Studies. That’s what’s needed. And even then, a good lateral thinker will still find a way while the linear, derivative people of the world fail because the straight-forward unimaginative path seems choked with competition.
Mike Long
Hi Mike,
You’re right, it’s my best guess. That guess is based on just over a decade of being involved in this industry and watching history repeat itself numerous times.
It’s also true that the best of the best will find a way to make good money. And in a way that’s exactly my point. Right now, the Kindle market is wide open. Just like Adsense was in 2004. Just like Squidoo was. Just like Tag and Ping was. Just like auto blogging was. Just like Traffic Equalizer was. Just like Adwords was.
Right now, there are opportunities for people who aren’t quite as talented as the top 2%. But the glut of competition will eventually push them out, and I fear for what those folks will do if they’re overly invested in only one distribution source.
One thing is for sure…time will tell.
Rita
Totally agree with the power of ‘cult of personality’.
When I had my gift basket business, we specifically went for this strategy, and it worked.
You’d have to look in the ‘way back machine’ to see how we did it, as I sold the business in 2002. ( The business is under new ownership now and is in it’s 20th year )
Here’s what the ‘about us’ had to say in 2000:
http://web.archive.org/web/200101240229/http://basketsbyrita.com/about.asp
Then we included fun testimonials such as:
“The chocolate won’t let me stop eating it!” – Anna Shorter, Doug & Rita’s 4-year old niece
Then the gift basket items all had descriptions such as:
Naughty but Nice Basket – Just what it says, but you’ll have to ask Rita for all the naughty details.
or
The Colorado Sampler – As a Colorado native, Rita is proud to offer her state’s finest products in your choice of a handsome Colorado crate (shown) or a quality painted basket. Ask Rita to add beautiful Colorado hand-pottered mugs.
or
Golfer’s Basket – Whether at the range, on the green, or in the 19th hole, this handy gift will add to anyone’s game, but not to their score. My husband, Doug, an avid golfer, insisted on putting together this basket.
–
The ‘cult of personality’ strategy was extremely effective.
The business ( although I sold it ), is currently in it’s 20th year of business.
Mike Long
Thanks Rita!
You have a tremendous advantage since you’ve run different types of businesses for so long. You understand fully the importance of focusing on the delivery model (or multiple delivery models) to ensure that your flow of customers isn’t choked off by becoming too dependent on any single source.
The other area of importance, as you touched on, is branding yourself and creating Raving Fans (that’s one of my favorite book btw…). The service side of business is overlooked by so many both online and off, yet it’s rare to find a business who gets these items right, but still fails.
Lee
Mike
A really great angle on the discussion, I agree with much you have said, my only point i would make is the scarcity around kindle moving forward, i think the market will grow and grow, however as it matures so will our approach to it.
Mike Long
Thanks Lee!
I agree that the market will grow and the number of books available will explode. What remains to be seen is how those tens of thousands of authors will make themselves seen and heard amongst the noise in a few years.
I’m hopeful, but worried for the people who commit 100% of their resources to Kindle publishing over the long term. I hope they don’t ultimately end up disappointed.
John Lenaghan
Good post, Mike. I’m with you – I’ve been around long enough to see a lot of crazes come and go. I’m pretty sure this will be like most of the others – lots of fanfare, everybody jumping on board, a few making a quick buck then Amazon cracking down on whatever “loopholes” might exist. Followed by a bunch of people complaining that they were “Amazon slapped” and their income disappearing overnight.
Too many people focus on the delivery mechanism rather than the strategy for leveraging it. Whether it’s optimizing your site for Google, finding ways to create content with little or no effort, publishing your book on the Kindle or any number of other things, they’re ultimately not the thing that generates revenue.
You still have to know how to take advantage of those things once you figure out how to do them. In the case of the Kindle, that means knowing how to promote your book to make it stand out from the thousands of other titles. Just getting it listed on Amazon isn’t going to get you very far, at least not for long.
Mike Long
Hi John!
I agree with you completely. Not sure exactly how it will play out, but we’ve both seen enough over the years to know that the likelihood of the “Kindle Gold Rush” eventually coming to an end for all but the most talented is pretty high.
The biggest pitfall for new people coming into this is the lack of understanding of how important the “marketing” in internet marketing is. Becoming overly dependent on one source of traffic (be it Google or Amazon or something else) is a recipe for disaster.
Pat
Mike, you’re awesome! I noticed traffic coming in from this site today and 10 minutes later I read your entire post and I can’t be more thankful. It’s amazing to see someone like yourself see what I do, and break it down even better than I can myself.
Your kindle, the early days picture literally made me laugh out loud, but ironically, I am writing a Kindle book at this very moment too, and it’s about my Be Everywhere strategy. The book itself is an extension of that strategy as I hope that it’ll get even more eyes on my brand, and boost my authority even more.
Like you said, it takes time and hard work to get all this going – one step / one platform at a time is definitely important, but it’s fun too because I’m producing content on multiple platforms and it keeps things interesting, and allows me several ways to interact and communicate with my audience. It never gets boring
Thanks again Mike! Cheers, and all the best! If there’s anything I can do for you, please let me know.
Mike Long
Thanks Pat!
I’m honored to have your presence here in my humble little space.
I’ve been at this a long time (since August 2002 with a little resume writing service called Precision Resumes), and made my first $1.60 via an affiliate program in April 2003. Ultimately, I was lucky enough to do this full time from 2004-2009. I started off on the right track, but was lured into “easier” ways of doing things. But I had one moment in 2006 when I saw what was going to happen, and attempted to do something fairly similar to what you ultimately launched in 2009. That’s when I first came to realize what a monumental task it is to do what you do.
I often think about trying it again. But having been raised in that “hiding behind the content” mentality, it’s extremely difficult for me to put myself out front. I don’t know how you deal with the haters. I get one argumentative comment and it can ruin my whole day…lol.
Once again, I really appreciate you stopping by, and I’m grateful for what you do. After tiring of the “sliminess” of this industry, your ethics and approach are one of the big reasons I’ve come back to this space to try and rebuild.
Pat
Thanks Mike – again, I appreciate your kind words.
The haters used to ruin me. RUIN ME – to a point where that’s all I could think about and I couldn’t function anymore.
Then I ran across Gary Vaynerchuk who published Crush It, and when he did he got a number of 1-star reviews on Amazon. I saw that he actually responded to each one, and then offered to talk with them further, even dropping his cell phone # in there and then in some of the comments, I could see how much of a reaction people had by his willingness to talk things out and some were even convinced that they were wrong in their initial review.
Point here is that he actually welcomed them, and used them to his advantage. The one thing I learned is that if you have haters, that means you’re doing things right, and I have spoken to a number of them on Skype and some of them are actually now my biggest fans and have helped spread the SPI word far and wide, it’s pretty cool.
Some haters, however, are obviously there just because they’re attention whores, or they just have some deeper issues in their lives and they have to take it out on a public forum, and to those who are disrespectful, I usually just blacklist them and do them the favor because I’m wasting their time, and their definitely wasting mine. I have people who care to tend to.
Glad you’re here for the right reasons and I’m hoping more people will see that being slimy is just an easy way to get a whole lot of nothing.
Mike Long
Thanks again Pat! Do you ever sleep?
I will keep your words and advice in mind as I figure out my business model going forward. I really want to help people. I just need to settle on the delivery method that plows me to maximize my strengths.
Jack
Hi Mike! Really, really enjoyed this post. It made me smile to read someone who is going against the grain a little. I know several people right now who are in the middle of Kindle publishing challenges or otherwise writing books for Kindle. As you said, in the end it is just another distribution method.
I love Pat Flynn. I’ve been following him since the very early days when he first started SPI. You nailed it when you said he does one thing better than most people…work very hard and build relationships that matter. I kept waiting for him to get bigger than his britches, so to speak, but he never has. He’s still the same down-to-Earth amazing guy he was in the beginning.
Mike Long
Hi Jack!
You’re right. It’s so hard to do what Pat does. I’ve been at this a long time, and I’ve made attempts to do what Pat has accomplished, so I have a pretty good idea of many of the challenges that he faces on a regular basis.
And I’m only going against the grain because I’m lucky enough to have a long history of watching different money making methods rise and fall. Will Kindle publishing buck the trend? I don’t know for sure. What I do know is that if you want to make money doing it, the odds say get in now and make some money while the opportunity is still wide open for a lot of people, because I don’t think it will be that way forever.
Mike From Maine
Mike,
I agree that this Kindle thing will go away in the near future. I’m not saying it isn’t profitable, but it will quickly become more difficult for the average joe to make money on their platform. Plus, they know that they’re getting spammed, and they are definitely going to do something to fight it or their Kindle brand will be damaged.
So let’s just continue building our lists and producing good content for our community. Let’s help each other make money so that no one goes it alone.
Mike Long
Hi Mike,
Thanks for stopping by!
I don’t know that Kindle will go away, but like anything else, there will be a big rush where a lot of people will make some money initially, but eventually, the market will flood to the point where only the most talented 2% or so will be able to make good money at it.
You and I have seen enough to know that money making methods come and go, and that the best way to guard against the collapse of your income is to live on less than you earn, and diversify so that if any one source disappears overnight, it doesn’t take your whole business with it.
www.eezytrade.co.uk
Mike – Your posts blow me away.
All I have heard about for the last 2-3 months is kindle publishing – kindle publishing and even more kindle publishing.
I’ve been earning from ecommerce since 2003 and seen lots of ups and downs, as you know.
You will find you’re ethical delivery method in your own time, we are all patient.
I’m very tempted to join wordpress goldmine, because of the type of people that are there and the fact that they’ll probably try to help me before selling me a wso.
Cheers, John
Mike Long
Thanks John!
I certainly believe that the idea of self-publishing in this manner has merit. What concerns me is the number of people who are jumping from fire to fire. In other words, the same people who are fed up with their traffic being controlled by Google are now jumping to a methodology where their traffic is now controlled by Amazon. I just don’t want to see more people get hurt, or lose their livelihood from this.
As far as WordPress Goldmine goes, you would find it to be a very different place from the Warrior Forum. There is very little, if any, cross-selling to other members. It truly is a place where people do their best to help each other.
WordPress Goldmine does offer a $1 trial for 7 days if you would like to check it out. If you’re unhappy with, you’ll have to trouble canceling. That’s another thing I like about Mark Thompson, the owner. If you have any questions, please let me know and I’ll do my best to help!
Beep Pocock
Great post Mike I really enjoy reading your view of things.