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Nichecraft is the name we use for the literary alchemy of spinning ideas into gold. Pick a niche in a subject that you will remain eager to write about and promote and make nichecraft the heart of your strategy for success.

Every book you can write can help sell every other book you write. Make synergy one of your objectives. The more books you write on the subject, the more copies they will all sell, along with the products and services based on them. Just as you can build a house brick by bri… Continue

1. Think new. Try to come up with fresh ideas that haven’t been done before. People like to try new things. New ideas can excite people more than ideas that have been done before even if they were successful. If you and your networks can’t dream up something new, use your creativity to give old ideas a new twist

2. Think inclusively. Create ways to bring people together in a way so enjoyable they will tell friends about it before and after the event.

3. Think big. Look at the promotional oppor… Continue

The biggest worry of the year for book publishers has been answered, as Borders appears to have been granted another 12 months to sort itself out. Leading shareholder and lender of last resort Pershing Square has extended their $42.5 million term loan to Borders until April 1, 2010.

But Pershing has once again won big concessions for that extension: The "put" option to buy the Paperchase chain (which Pershing never wanted to own in the first place) will expire, and the big grants of 14.7 millio… Continue

One of the qualities common to successful nonfiction books is simplicity. They are based on simple ideas compellingly communicated by their titles, their covers and their marketing. So make your ideas clear, compelling and promotable, but keep them simple.

In their earnings conference call with investors, Barnes & Noble noted that "inventories declined $155 million or 11 percent compared to last year." They say they were able to "improve inventory turns to the highest levels in our history" and indicated "our in stock percentage of being in stock on key titles and back list did not suffer at all" as a result. Other supply chain improvements "resulted in reduced purchases from book wholesalers which of course carry lower markups." A good portio… Continue