What is a preorder?
A pre-order is when you make a book available for purchase before its official release date—typically a week to a year in advance.
Traditionally, publishers have books available for preorder as early as six months to a year in advance. They do it because strong pre-sales tell retailers the book will be in high demand, affecting the number of books stocked at stores and allowing them to make bestseller lists.
Self-published authors can learn from this, not necessarily to make the bestsellers list but to gauge interest in their new book and give them time to market/promote it.
I believe studying the traditional publishing model can help Indie Authors become better self-publishers in some areas, but that’s a conversation for a different day.
By putting my book up for preorder, I have not only made early sales but already have a bookstore interest in stocking it. (I am also aiming for schools. We’ll see how this goes!)
Reasons for setting up preorders depend on your marketing strategy, which could be:
- To gauge interest in the book based on preorder sales
- To increase sales ranking
- To get the proof copy of the book into the hands of early reviewers, bookstores, and organizations
- To give you time to market /promote the book (on/offline)
- To prepare your audience for the next book in a series
- To build excitement and anticipation
Preorders that tend to do well
Authors with several books published and larger audiences tend to do better with preorders because they already have people waiting for their next book.
Even if the author has a small audience, preorders can be good if the book is in high demand. It is one of the reasons I put my black history book up for preorder so early.
I’ve built up enough hype and awareness for the book that people were already looking for it on Amazon and asking where they could buy it. Putting it up for preorder ensures I take advantage of the opportunity to catch interested readers while the book is on their minds.
Authors writing a series also do well. They might offer the first book at a discount and then have the next book on preorder. People who love the first book in the series will likely buy the next one.
Preorders that don’t do as well
First-time authors who don’t have an audience do not always do well with preorders and might benefit from just releasing the book. As stated, preorders are more useful for experienced authors because they already have an audience.
It is also not a good idea to set up preorders if you’re not able to commit to a publication date in advance.
The most important thing to remember is that you have much more flexibility and creative control as an independent author than if you were traditionally published. You can play around with different strategies and see what works.
Cover Reveals
Cover reveals are fun and all, but they serve no real purpose if people can’t buy the book or preorder it on the spot. I recommend holding off on showing the cover until you are ready or almost ready to accept orders.
Promoting Preorders
Although preorders are a beneficial marketing strategy for some authors, it is also a lot of work. Here are my top tips:
- Consider running your preorders for a shorter time than the traditional model. Just because your celebrity authors release books on preorder a year in advance doesn’t mean you have to. We are Indies. We do what we want. (*wink*) Yours can be as short as two weeks to a month before release. Also for Amazon, the preorder only counts on the day of the order. This means that the longer the preorder period, the harder it is to sustain a high ranking on that book. (If your goal is to achieve a high ranking.)
- Preserve most of your energy for when the book is out. Too many authors get hung up on the release date and wear themselves out. Remember that your book will sell for weeks, months, and years afterward, so pace yourself. If your preorders are through Amazon, you still receive your royalties per their regular royalty payment schedule after your book is published anyway, not before.
This is my first experience running a lengthy campaign, but I’m saving most of my energy for when the book comes out. Those of you who know me are aware that I rarely do anything without a purpose. Because I anticipated my schedule would be hectic toward the end of the year, I postponed the release until the new year. I’ll put it to the test and, of course, report back!
Check out more Indie Author Basics articles here.
Preorder Your Copy of Black History Facts You Didn’t Learn in School Here!
The PBS Blog 