Bookbub ads sell a lot of books. The numbers don’t lie. When it comes to books, it is probably the most effective advertising platform other than Amazon ads. Some might say it’s better, but we aren’t going to get into that argument. If it is such a good way to sell books, how come so few Indie authors use it or, at least, don’t use it more than once? Lots of Indie authors try Bookbub ads, don’t make the sales they expected and so don’t go back again. But the problem doesn’t lie with Bookbub, it lies with not using Bookbub ads correctly. Such is the size of Bookbub’s reach (about 10 million subscribers), and the way it is able to target a book to the right reader, a single Bookbub Featured Deal can catapult a book into the stratosphere in terms of sales. The key thing about Bookbub, however, is that its subscribers are looking for deals. If they weren’t, they could just scroll through Amazon like everyone else. And that means if your book isn’t a bargain at the time you advertise it, it is less likely to get responses. But Bookbub is expensive to use. Well, yes – and no. A Bookbub Featured Deal is expensive. They start in the $ hundreds for niche genres and can go well into the $ thousands for the most popular genres. But Bookbub ads are quite cheap, certainly competitive with Amazon and Facebook ads. Bookbub Featured Deals are difficult to get. It sometimes takes months to get one and some books may never be selected. True, but a Bookbub ad can be up and running today. Perhaps it may help if I explain the relationship between the two things – because they are linked. Bookbub Featured Deals are in high demand (despite their expense) so you have to apply for a deal and go onto a waiting list and then be selected. Some books may never be offered a deal at all. Bookbub favours some books over others. It will take longer to get a deal if:
Even if you tick all those boxes it is still possible to get a Bookbub Featured Deal, but you could grow very old while you are waiting. The way the deals work is very simple. An email is sent out to the relevant subscribers (by genre and subgenre) and it contains a list of perhaps a dozen books, along with the price and a link to where the book can be bought. But if the readers scroll down to the bottom of the list, they will see something slightly different. They won’t see a featured deal, they will see an ad – and it could be the ad for your book. Because those ads are selected by bidding, just as Amazon ads are. If you make the right bid, your book will win that prized slot at the bottom of the email and it will sell enough books to make it worth your while. Provided you set the ad up correctly, of course. And that is the bit that Indie authors get wrong, which is why some Indie authors leave Bookbub shaking their heads and vowing never to return. So, what is it that makes a Bookbub ad work? The first thing is to remember where the ad is going to be seen. It is going to be seen at the bottom of an email that is chock full of special deals. So, if the Indie author tries to sell their book at full price, they aren’t going to stand much chance of success. 99c (99p) deals work the best, as most of the deals above the ad will probably be higher priced, even though they are special offers. The expense of paying for a featured deal has to be recouped somehow! Secondly the graphic has to be right. There are no words to sell the book, only an image. So, if the image isn’t attractive, the ad won’t get a click. Just putting up the book’s cover is not going to sell it. The image must also contain the price, because there is no other way that the Bookbub readers will know they are getting a bargain. The image we show here is one we used for one of our books (BTW it is no longer on special offer, so don’t expect to find it for that price). Bookbub is very specific about the size of the graphic. It has to be 300 pixels wide and 250 pixels high – not a pixel more and not a pixel less. Bear that in mind when creating the graphic. Some graphics packages have Bookbub specific ad templates to help you get it right. Bookbub does offer its own template to create the graphic but it has very limited capability to be customised so it will never be as good as one that is you create for your book. You can create something quite quickly using a free graphics package such as Canva, but we use Bookbrush as it has a lot of other features that we need that Canva can’t provide. But the big thing to note about that graphic is the big “99p” that is visible, so that the reader knows the book is a bargain. The next critical part of using Bookbub is getting the targeting right for the ad. Bookbub will quite happily send your ad to everyone on its mailing list – but you are paying for that, and the vast majority of subscribers won’t be interested in your book because it isn’t in the genre(s) they read. But you will pay for that exposure anyway and it will eat through your budget in double quick time.. Targeting by genre (category) saves you money and increases the chances of your ad selling your book because the readers who see it are the right sort of readers for the book. But it isn’t just about genres, it is also about selecting good comparable (comp) authors as well and Bookbub allows you to do that too. These are authors whose books would sit well next to yours on a bookshelf. You could go for the biggest sellers in your genre, but that isn’t actually the best comp for an Indie. Those people are best sellers because the readers like their books specifically. It doesn’t mean they would buy your book too. You may reach a massive audience but hardly get any sales. Selecting lesser comps is usually a better tactic. You can type in the name of a good comp author and if they have a profile on Bookbub (I’ll return to profiles later in the blog) you can select them as one of your comps. Bookbub will then include their audiences in the email list to which it sends your ad. A good mix of genre selection and comp authors should give you an audience that will be receptive to your books and sits in the middle of the green section of the dial that shows the potential audience size for your ad. If the pointer is in the yellow the audience is too broad, and the ad will cost you money by being seen by the wrong readers. If it’s in the red the audience is too narrow, and your ad might not be seen at all. You should be looking for 3 – 5 comp authors. Finally, we get to budget and bidding. Your budget is whatever you can afford, of course, but if it isn’t high enough your ad won’t reach enough people and may not sell many books. If you can afford $10 a day (about £7.80) you are at the bottom end of the scale. You should be looking for $15 if you want significant results and you can go as high as your wallet will bear. Series authors will be able to afford to pay more because they will make their money back from “read throughs” to the next book in the series. If you are doing ad testing (which you should, and I’ll return to that in a minute) then you want to spend your overall budget as quickly as possible so you can get results for analysis. If you are running an ad that has already been tested, you may want to spread your ad over a defined period. If it is a tested ad you can set your budget higher at less risk. Never leave an ad to run without setting an end date. It could work out to be very expensive if you forget to terminate it. Finally, do you want to pay at a cost per click (CPC) rate or a cost per thousand clicks (CPM – M standing for “mille”, the Latin for 1,000)? The recommendation is CPM as that works out more economical, but it’s your choice. The key thing is to set a bid that’s going to win the bidding war. Bookbub makes a recommendation as to what level of bid to set according to the genres you have selected for the ad. Always bid higher than the highest suggested bid if you want to win that war. It doesn’t mean that your bid will cost you that, because it will only be charged at the level necessary to beat the next highest bid. But it will mean you will outbid every other ad most of the time, which increases your ad’s visibility. When it comes to CPM bids it may mean your bid is higher than your daily budget, but don’t worry about that. It just means your ad will be seen by less than 1,000 subscribers each day. But it will still be seen by several hundred. Now to return to ad testing. There are two variables that need to be tested, but Bookbub has no facility for doing A/B testing, so you have to do it yourself by trial and error. The first variable is the graphic. A poor graphic won’t sell your books. If you have a graphic you know to be good because it worked for you elsewhere, eg Facebook ads, then it is fine to use that without testing, but if you are using a brand new graphic you have to be sure it is going to sell you books. So, you may want to test 3 or 4 different graphics by running an ad for each and analysing the results. Once you have tested all 3 (or 4) images, you will be able to decide which was the winner from the data Bookbub provides and that is the one you will run with. The second variable is your comp authors. If you don’t pick the right ones, your ad won’t be seen by the right audience. That will require additional testing, running each ad with the winning graphic but a different comp author for each ad. By setting your budget to be spent as quickly as possible, you will get your results more quickly for each test. No doubt some of you have seen the flaw in the testing tactics. Kindle Countdown deals only run for a maximum of 7 days, and testing will use up between 2 and 4 days of that period, leaving fewer to make significant levels of sales. So, if you are running an ad for the first time you may have to set your book’s price to 99p manually for the duration of the testing, then set up a Kindle Countdown deal for the final winning ad, increasing the budget and spreading the spend over the 7 day countdown period. However, you only have to do the testing once. When your book is eligible for its next countdown deal, in 3 months’ time, you can use the same graphic and the same comp authors with the knowledge that you already have a winning ad. Now, I mentioned profiles above and it is recommended that you set up your own author profile on Bookbub. That isn’t so that other authors can use you as a comp, it’s because readers can see your profile and find out about your books. Your books will show up in searches that readers do on Bookbub itself, when they go looking for the latest bargains. As there are fewer books listed on Bookbub than there are on Amazon it is more likely that your books will be seen there, and it costs nothing to have a Bookbub profile. If you would like to dive deeper into the nuts and bolts of advertising with Bookbub, here’s a video from David Gaughran. If you have enjoyed this blog, or found it informative, then make sure you don’t miss future editions. Just click on the button below to sign up for our newsletter. We’ll even send you a free ebook for doing so.
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November 2024
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