Inside Count Val's Lair: CreateSpace and KDP
The innovator in the Value as a Service business model, Amazon's relationship with readers is value dominated and reader-centric. Thus, Count Val, as I like to call Amazon, the world's most efficient Disruptive Value Vampire, is laser focused on providing value to readers, while making money selling books by the coffin-load.
Count Val, ironically, doesn't give a bat's butt whether you or I sell books. Why should he, when inevitably we all return like suicidal book-launch lemmings to CreateSpace and KDP, the value vampire's lair? Worse, we do so knowing that Amazon's value platform, while a smorgasbord for readers, is for authors a potential coffin in a digital black hole called "the Cloud."
Why Learn to Use SMAC-Based Digital Marketing?
Whatever view we hold of our affair with Amazon (and I admit I'm in love/lust), our goal is to monetize. Thus, it's critical we know what SMAC is and, in addition, that we know why SMAC-based digital marketing is necessary to slay the disruptive value vampire. I use "slay" in the positive and cooperative "we're gonna kick some butt and sell like crazy on Amazon" sense because, metaphorically speaking, we're all brides of Count Val, and we all love him, yes?
What is SMAC?
SMAC means: social, mobile, analytic, and cloud. With a business model and value drivers that seduce readers, you can use SMAC-based digital marketing to:
- Improve the cost and value of your products and services
- Enhance readers' experience
- Increase your Amazon sales
Note: SMAC's no panacea. You still have to deliver a sexy product mix with a clear message and great value, so readers can compare your books and pricing with competitors' and then pick those they wish to buy.
SMAC is much more than checking in with readers each day on Facebook. SMAC includes the following:
- Web-based technologies. i.e., social media
- Mobile platform technologies, such as mobile apps
- Analytics, such as Facebook's analytics dashboard
- Cloud computing, such as networking
How Can I Use SMAC-Based Digital Marketing to Slay Count Val?Now that you're holding your big sheet of SMAC, what do you do with it?
SMAC-based technologies let you engage socially to improve your "value as a service" business model and thus to enhance readers' experience, cost, and value. Sounds great, you say, but what do I get?
Using SMAC technologies, including for example Facebook's ad for email signup, you can couple your ad campaign with Facebook's analytics dashboard to:
- Collect actionable data about readers
- See touch points and the path of interaction readers took to convert or buy
- Display which audiences engage with your content and convert
- View readers who hopped from your Facebook app to your Website and back before converting
- Build custom audiences based on specific insights
- Segment and re-target readers who followed a specific path to your page
What's So Great about SMAC-Based Digital Marketing?
The main benefit of SMAC-based digital marketing is that it increases a thousand-fold your ability to engage with readers across all marketing channels, without having to piece ad campaigns together and track and measure results on an ad hoc basis. For authors, the overwhelming task of conducting an ad campaign just leaped forward light years. In addition, as a result of what you learn through social listening and analytics, you can continuously improve your business model and marketing strategies to increase your share of voice on Amazon.
I use Facebook's analytic dashboard in this post as an example, but you can find an infinite array of SMAC-based technologies to manage your digital marketing. In addition, the marketing processes (for example, audience targeting and measuring your share of voice against your competitors'), all of which used to suck up huge blocks of time, are now automated and in the cloud. As a result, you save hundreds of hours of marketing time, and if you use SMAC-based digital marketing correctly, you can slay Count Val in his own lair.
For more on business models and value drivers: