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Old 11-10-2010, 10:03 PM   #1
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NYT to Rank Ebook Bestsellers
http://www.nytimes.com/2010/11/11/bo...t.html?_r=1&hp

Sounds like they're going to do separate lists, with multiple sources of info, starting early next year.
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Old 11-10-2010, 10:44 PM   #2
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reminds me of when the music industry started to rank the top downloads.
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Old 11-10-2010, 11:14 PM   #3
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I'll be interested to see if any backlist titles make the top ten.
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Old 11-11-2010, 05:12 AM   #4
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I wonder how much different the NYT's bestseller list will be from the Kindle's.

Also, there is greater risk of fraud in the e-book market.
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Old 11-11-2010, 06:17 AM   #5
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Quote:
Originally Posted by Fbone View Post
I wonder how much different the NYT's bestseller list will be from the Kindle's.

Also, there is greater risk of fraud in the e-book market.
Why do you think the risk of fraud is higher? It's all in how they validate the source data.

My impression is that the best seller list is the only marketing the big publishers understand how to do. They make the book catalogs and time the releases so they ensure they don't release too many block busters at the same time and drop one off the list. They market in the book chain about which books are going to be big and they need to stock up on. They leak to the book reviewers at the major newspapers and magazine which to review. They make sure they get the shelf space and basically create the best seller list.

All this is going to change big time with electronic books. Amazon and Apple are going to use their market data and targeted advertising. "We think you'd like these books based on your previous purchases". I think this is the long game that Amazon and Apple are playing. They understand the new market and the big publishers don't have a clue. They're too busy trying to play puppet master with the prices.
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Old 11-11-2010, 07:18 AM   #6
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I wonder how much different the NYT's bestseller list will be from the Kindle's.

Also, there is greater risk of fraud in the e-book market.

Why, the NYT manipulates the list so that only the books they want to be there show up, anyway?
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Old 11-11-2010, 07:57 AM   #7
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I wonder how much different the NYT's bestseller list will be from the Kindle's.
In theory, it should be different since it's drawing from a more diverse pool of information. It also totals a week's sales. I don't know what time period Amazon uses, but it's probably 24 hours (or less).

However, I'd assume the top 10 ought to track fairly closely on all the major bestseller lists.
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Old 11-11-2010, 08:41 AM   #8
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Why do you think the risk of fraud is higher? It's all in how they validate the source data.
Because it has happened in the past. It's the reason e-books weren't included in the NYT bestseller lists previously. Same with online sales. Amazon's printed book sales also aren't included.

I don't remember the details but there was one incident of an author purchasing thousands of copies of his book to make it on the bestseller list for the week. He did so to market himself as a "NYT bestselling author." He became a much more valuable commodity during his next contract negotiations.

The NYT detected this and stopped using direct online sales in their lists. It may be harder to mass purchase ebooks (or maybe not?) but it is something the NYT will have considered.
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Old 11-11-2010, 10:03 AM   #9
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It will be interesting to see how NYT does this. Amazon ended up seperating the free books and the books you pay for into two lists. Before they did that, the free books were always in the top ten.
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Old 11-11-2010, 10:04 AM   #10
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Because it has happened in the past. It's the reason e-books weren't included in the NYT bestseller lists previously. Same with online sales. Amazon's printed book sales also aren't included.

I don't remember the details but there was one incident of an author purchasing thousands of copies of his book to make it on the bestseller list for the week. He did so to market himself as a "NYT bestselling author." He became a much more valuable commodity during his next contract negotiations.

The NYT detected this and stopped using direct online sales in their lists. It may be harder to mass purchase ebooks (or maybe not?) but it is something the NYT will have considered.

What stops the same author from walking into a book store and doing the same thing? Or pre-ordering the book at 20 different stores in mass quantities?
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Old 11-11-2010, 10:33 AM   #11
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Mass purchasing has been used to manipulate all of the lists and it is certainly not restricted to online sales or downloadables.

Paperbook sales are restricted in sales potential by the size of their print runs. This poses physical limits on their sales potential if you only track pbooks. Complaining about fraud potential sounds a lot like "ebooks might have bestsellers that aren't pre-groomed by the publishers, what happens when the buyers pick instead of the system?!?"
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Old 11-11-2010, 11:51 AM   #12
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Because it has happened in the past. It's the reason e-books weren't included in the NYT bestseller lists previously....
Perhaps, but it sounds more like they were testing methods and waiting for sales to get big enough to be worth tracking. The article claims that the NYT has been working on this for 2 years.

However, I do think it would be pretty entertaining if a big author like Grisham set the price for his ebooks to $1 for an hour or two, just to try and get it to the top of the bestseller lists.
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Old 11-11-2010, 12:31 PM   #13
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Wow this is really a tough room.

I think we're missing the much more important point: having a dedicated ebook bestseller list gathered and endorsed by the New York Times is a significant milestone in the evolution of ebooks from "an excuse to buy a new gadget" to a mainstream reading experience. It marks the shift from device to content.
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Old 11-12-2010, 12:32 AM   #14
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Perhaps, but it sounds more like they were testing methods and waiting for sales to get big enough to be worth tracking. The article claims that the NYT has been working on this for 2 years.

However, I do think it would be pretty entertaining if a big author like Grisham set the price for his ebooks to $1 for an hour or two, just to try and get it to the top of the bestseller lists.
Someone will probably try it, you would think.
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Old 11-12-2010, 07:18 AM   #15
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Amazon ended up seperating the free books and the books you pay for into two lists. Before they did that, the free books were always in the top ten.
And about time it was, too. Were are these lists available? I always get frustrated browsing the "Kindle top 100" on the Kindle store, having to wade through Dracula, Peter Pan and other public domain editions in order to get a glimpse of how new releases are doing.
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