Barnes & Noble just announced the launch of their Nook Press platform for independent publishers. This new tool is designed to compete directly with Amazon’s Kindle and offer similar services for ebook publishers and readers. I haven’t published with Barnes & Noble before but it has always been in the back of my mind. However, now that Nook Press is here, I will start using their service soon! (Keep reading for information that could prevent you from using Nook Press) I’m actually glad I didn’t publish on the Nook before because prior to Nook Press, publishers used their outdated PubIt interface. B&N is now phasing that out and requiring all publishers who want to continue to sell on B&N to transition their account to the new Nook Press. Here’s what B&N had to say:
We are thrilled to introduce you to our new self-publishing platform, NOOK Press.
With NOOK Press, you can write, edit, format, and publish your manuscript all in one place, collaborate with friends and editors, and get your questions answered quickly by our live chat support staff—all at no cost. It’s easy and improved and offers the same great terms as PubIt!.
While you can continue to use PubIt! for the time being, we will be phasing out the platform in the months to come. Sign up for a NOOK Press account and include your PubIt! login details to easily sync your account, title, and sales information over.
Re-Purpose Your Kindle Content On Nook Press
If you’re only publishing on Kindle, now is a great time to take your existing Kindle books and start selling on Nook Press! For me, there should be very little work involved because my books are already done! All the materials for my current ebooks such as covers, text documents, descriptions, author information and more already exist! I’m a big fan of re-purposing content and this is yet another way to make use of (and profit from) the work I’ve already done in the past.
The first time I re-purposed my content, I turned my Kindle books into physical print books on Createspace. That resulted in doubling the sales of my self-published books in March. I’m optimistic that by utilizing Nook Press, I can possibly triple my book sales without doing very much work. We’ll see.
Oops! I Need To Take My Books Out Of KDP Select
I got a bit too excited when I learned of Nook Press that I totally forgot that when Kindle books are enrolled into KDP Select, those books can only be sold exclusively on Amazon. I enroll all my books in KDP Select in order to do some free promotions in the beginning. But after the first promotion, I don’t do any more. I should’ve gotten out of Select awhile ago but now I have to wait. For those who don’t know, enrolling in KDP Select locks you in for 3 months of exclusivity on Amazon. You can’t sell your ebook anywhere else! Here are a few more things about KDP Select to be aware of:
Do I have to enroll all my titles in KDP Select? Is there a limitation on the number of titles to enroll? No. KDP Select is an optional program. If you choose to take advantage of KDP Select, you can enroll a single title, your whole catalog, or anything in between. Titles that are not enrolled in KDP Select do not have to be exclusive to Kindle.
How do I renew my book’s enrollment in KDP Select? What if I don’t want to renew? For your convenience, every KDP Select-enrolled title will be automatically renewed for another 90 days unless you opt not to automatically renew. If you don’t want to renew, simply go to the book’s “Edit book details” page and uncheck the box next to “Automatically renew this book’s enrollment in KDP Select for another 90 days.” You can do this at any time. Cancelling automatic renewal does not affect the book’s enrollment in KDP Select for the current term.
What happens if my book’s KDP Select enrollment expires? Within several hours after the enrollment has expired, your book will be removed from Kindle Owners’ Lending Library (KOLL). You will earn a share of the monthly fund for any KOLL borrows that happen after the expiration date. Any unused free promo days will go away. You will begin to earn 35% royalty for sales to customers in Brazil, Japan, and India. You can always re-enroll your book in KDP Select books after an enrollment term expires.
Those are some of the most relevant points I was interested in from the KDP Select FAQ page. The last point didn’t really concern me… but I didn’t know that my royalties on books sales would drop to 35% in Brazil, Japan and India if I opted out of Select. I’ve looked back on my sales reports and have never sold any books to those countries. Of course, I would have to re-evaluate that on a book by book basis whether or not I will get sales from those countries for future titles.
So at the moment, I’m kinda stuck with KDP Select for 2 of my titles. Their terms don’t end until June. The bad thing is that they recently re-enrolled so I have to wait 2 more months for them to expire.
I do have one book that I got out of KDP Select a day before it was about to re-enroll. I’ve now finished formatting that book in the Nook manuscript editor. In a future post, I’ll create a video to show you how to upload and edit your ebook on Nook Press. It took me awhile to figure out why my document file wasn’t uploading so hopefully that will help some of you.
The Last Step Which Should’ve Been My First Step
So my first Nook Book is sitting in the project queue waiting to be published. The thing I’m waiting for now is for them to approve my vendor account. I should’ve set up my vendor information right from the beginning before I started editing my book. Now I’m wasting valuable days this month without a book on the Nook marketplace.
When you set up your vendor account, you’ll need to enter your name/address, bank account information and tax information. Nook Press will do direct deposit right into your bank which is nice! If you publish as an individual, you’ll need to enter your social security number. If you have a business, you’ll need an EIN number instead. It’s all pretty easy to do!
Let me know if you plan on publishing on Nook Press. I think this is going to be a great addition to my portfolio!