Interview With Heather
Wied
What does Pubsoft do?
Pubsoft is a software
company that develops software for the publishing industry. Our company is
committed to bringing software solutions to an industry that is in a current
state of disruption and turmoil, and people are unsure where to look for
answers. We believe we have real solutions to real industry problems such as
discoverability and developing a platform.
How did
you come to get involved in book publishing?
Aside from the
executive management team’s love affair with learning, literature, and stories,
as a software company with many years of experience developing products
for the hospitality and medical records sectors, our co-founders saw an
opportunity for innovation in the book publishing realm. When we started the
company there was a real outcry for help and solutions in the publishing
industry, and we saw pockets where software could solve some of the current
dilemmas.
Who
should use it and why?
Publishers who want to
regain control of their customers. As the publishing industry grows and
changes, many experts leading the pack advocate that the way for publishers to
regain a competitive foothold in an industry where the world’s largest retailer
all of sudden decided they would offer direct distribution, is to
reconnect with readers directly. Our platform enables publishers of all shapes
and sizes to do just that.
How
does it impact book sales?
The Pubsoft system
impacts book sales by providing users book level data. Data is so important to
strategic decision making and planning effective marketing and sales campaigns.
The combination of a direct connection with an audience coupled with book
level data that shows real consumer behavior patterns relating to the
consumption of books is an unstoppable formula for success. When you
know who your prototypical reader is, marketers or authors, whoever is
actively promoting the book, can go out and speak to the right audience. We’ve
taken the core fundamentals of target marketing and leveraging analytic data
and applied it to the sale of ebooks for anyone who understands
how important it is to have that information.
What advice do you have authors?
Know why you
write, and set SMART goals.
How is technology transforming the publishing
marketplace?
Technology is making
it easier for authors to find and connect with their audiences to
create lasting relationships that translate into future sales both by having an
audience to sell directly into, as well as stimulating the all-important WOM
demand across all downstream retail channels. Having a direct
connection with an author’s influencer readers is critical
because they will always be the product champions out in the
world advocating for your work, and will always have more influence
and credibility than any paid marketing activities.
What is next in book publishing?
There are a couple of
things that we see trending in publishing. The first is that we think there
will be a fundamental shift in how the publishing industry accepts manuscripts.
Instead of sending people away, we think technology will enable publishers to
take on more authors and to help more people get their work to market
with higher quality products. It seems the self-publishing craze has leveled
off, now that authors see the extent of the work that goes behind promoting a successful
self-published work. Conversely, publishers now see that it’s entirely
possible for an author to completely cut publishers out of the equation
and still see huge success. So now it’s time for everyone to work together to
create a publishing industry that serves the needs of authors to retain
more creative control and their rights, while at the same time allowing
publishing companies to mitigate upfront risks investing in new works, but
still use their experience and expertise to support distribution, marketing,
and sales.
The second trend we
see coming up is an interest in developing transmedia story worlds as a
new way of consuming content. We’re working on an upcoming project, but
with explosive growth in casual gaming as well as steady trends in social
media usage, there is real potential to create immersive story worlds from
the outset that could be highly successful.
DON’T MISS THIS!!!
Here is my 2014 Book Marketing &
Publicity Toolkit: Based on 20+ years in publishing --
Brian Feinblum’s views, opinions, and ideas expressed in
this blog are his alone and not that of his employer, Media Connect, the
nation’s largest book promoter. You can follow him on Twitter @theprexpert and
email him at brianfeinblum@gmail.com. He feels more important when
discussed in the third-person. This is copyrighted by BookMarketingBuzzBlog ©
2013
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