How People Discover Books Online What is Goodreads? Goodreads is - - PowerPoint PPT Presentation

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How People Discover Books Online What is Goodreads? Goodreads is - - PowerPoint PPT Presentation

How People Discover Books Online What is Goodreads? Goodreads is the largest site for readers and book recommendations in the world. A community of 7 million readers who recommend books, write reviews, compare what they are reading, keep track


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How People Discover Books Online

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What is Goodreads?

Goodreads is the largest site for readers and book recommendations in the world. A community of 7 million readers who recommend books, write reviews, compare what they are reading, keep track of what they’ve read, form book clubs, and much more.

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Our Mission

To help people find and share books they love.

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Deep Reading Data

2008 2009 2010 2011

120 million 30 million 60 million 90 million 110 million

250 million books shelved, growing at 14 million a month

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What is a “book shelved”?

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SLIDE 7 photo by cerebros1

books marked as to-read

Books Discovered - aka the To-Read Shelf

As many books as the combined collections of the Library of Congress, NYPL, and the Boston Public Library

photo by andy in nyc photo by Serithian

63,000,000

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5,750,000

books marked as to-read in January 2012 books in the Chicago Public Library’s collection

photo by ShutterRunner
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In January 2012...

photo by o5com

Every second... 2 books were discovered

  • n Goodreads
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My Reading Queue

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They read books, too

1,220,269

books finished

453,529

books started

(in January 2012)

A book is finished every 2 seconds

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Top To-Read Books in January

The Hunger Games The Girl with the Dragon Tattoo Divergent The Help The Fault in our Stars Steve Jobs The Night Circus 11/22/63 Water for Elephants Cinder Extremely Loud & Incredibly Close Bossypants
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The Long Tail

5000 1,000 2,000 3,000 4,000 16,000 2,000 4,000 6,000 8,000 10,000 12,000 14,000

Added to to-read

(99.9% not shown)

Top 5,000 books: 56% 391,031 unique titles

40 10 20 30 16,000 4,000 8,000 12,000

Added to to-read

Top 40 books: 5%

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What we really want to know

How did those people find those books?

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19% During Registration

The average engaged reader adds

  • ver 30 books to their to-read

shelf during registration.

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Registration flow is focused on popular books

100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2

Popularity of book

Books added to to-read

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19% from search

People hear about a book, search for, and add it to to-read.

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Conversation, email, tweet, FB post, IM, blog post, pin, check-in, comment...

Hey, you have to read Ready Player One!

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Search has the long tail

Search Registration Flow

100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read 100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read
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13% from recommendations

Launched in September, our recommendation engine plumbs 20 billion data points to deliver personalized recommendations to each reader.

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If you liked these books, thousands of other readers liked these similar books…

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Goodreads Recommendations designed to hit mid-list sweet spot

Goodreads Recommendations Registration Flow

100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read 100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read
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9% from friend updates

The average engaged Goodreads member has 19 friends.

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Serendipitous discovery by seeing what friends are reading and browsing their shelves

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Friends also alert you to a wide variety of books

Search Friend Updates

100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read 100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read
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8% from authors’ or series pages

76% of authors have written more than one book

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Goodreads has great author profiles

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Books from authors you know are well distributed

Search

100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read 100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read

Authors

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7% from lists

Goodreads has over 11,000 member created lists with over 5,000,000 votes.

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People Love Lists

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Lists are great for finding popular and mid-list books

100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read 100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read

Registration Flow Listopia

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6% from mobile apps

Over 800,000 app installs (iPhone, iPad, Android)

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When you hear about a book on the go...

UIWindow 768 x 1024
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Mobile is well distributed

100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read

Search

100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read

Mobile

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2% from giveaways*

In January 2012, we ran 1,065 giveaways and shipped 8,035

  • copies. 839,145 people entered.

* Actual discovery from giveaways is not well tracked

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Giveaways are our single best free way to build buzz pre-launch

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Giveaways are all about new titles

100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 Popularity of book Books added to to-read

Registration Flow

100 1,000 10,000 100,000 1,000,000 0.05 0.1 0.15 0.2 0.25 0.3 0.35 Popularity of book Books added to to-read

Giveaways

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People discover books in diverse ways

Search 19% Registration 19% Recommendation Engine 13% Friend Updates 9% Genre Browsing 9% Author & Series 8% Lists 7% Mobile 6% Other 7% Giveaways 2%

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Search was our top method of discovery, and those users had heard of the book elsewhere.

How did those people find those books?

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Do you often find books from the following sources?

Twitter Publisher website TV Facebook Radio Author's website Newspapers Goodreads browsing Library Amazon Bookstore Goodreads recommendations Goodreads friends Friend (offline) Known author

96% 79% 64% 60% 6% 8% 9% 14% 15% 26% 40% 43% 54% 54% 59%

Survey of 3,248 people

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Once you get a reader to discover an author you’re golden.

96% of people say they often read authors they already know

Twitter Publisher website TV Facebook Radio Author's website Newspapers Goodreads browsing Library Amazon Bookstore Goodreads recommendations Goodreads friends Friend (offline)

Known author 96%

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SLIDE 43 Twitter Publisher website TV Facebook Radio Author's website Newspapers Goodreads browsing Library Amazon Bookstore Goodreads recommendations

Goodreads friends Friend (offline)

Known author

79% 64%

Friends are a powerful way to discover books

79% often discover books from friends offline 64% from friend updates on Goodreads

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Twitter

Publisher website TV

Facebook

Radio Author's website Newspapers Goodreads browsing Library Amazon Bookstore Goodreads recommendations Goodreads friends Friend (offline) Known author

14% 6%

Twitter and Facebook are not great sources of discovery

Good for engaging with your favorite authors, but not great for finding new books

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Something fun: Measuring Media Promotion

When a book is mentioned in the media it often gets a “pop” on Goodreads

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Media Spikes

2012-01-07 2012-01-14 2012-01-21 2012-01-28 2012-02-04 2012-02-11 46 10 20 30 40 Users who added book

Morning Edition 2/6

2012-01-07 2012-01-14 2012-01-21 2012-01-28 2012-02-04 2012-02-11 80 20 40 60 Users who added book

Morning Edition 2/7

12/7 12/30 1/13 1/27 2/10 80 20 40 60 Users who added book

Book Review 1/15

1/7 1/14 1/21 1/28 2/4 100 20 40 60 80 Users who added book

Fresh Air 2/1

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Appeared January 4 On The Daily Show

10-Jan 17-Jan 24-Jan 31-Jan 55 10 20 30 40 50 Users who added book

Added by searching for book Added from friend updates

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Avid readers discover books differently from casual readers

Avid Casual

0.8 0.2 0.4 0.6

26%

Avid Casual

1 0.2 0.4 0.6 0.8

14% From Friends From Goodreads Recommendations

Friends are important, but not enough for avid readers. Avid readers discover books more often from Goodreads Recommendations than casual readers.

Avid = 49+ books per year Casual = 12 or fewer books per year

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Fantasy, Science Fiction, and YA Readers

Fantasy Other

0.5 0.1 0.2 0.3 0.4

41%

Fantasy Other

0.5 0.1 0.2 0.3 0.4

38% From Known Authors From Goodreads Lists & Genres

Fantasy, SciFi, and YA readers are more likely to read more from an author they know. And they’re more likely to discover books by browsing genres and lists online.

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Romance Readers

From Goodreads Recommendations From Goodreads Lists & Genres

Romance readers are especially fond

  • f Goodreads Recommendations.

And they’re more likely to discover books by browsing genres and lists.

Romance

Other

0.8 0.2 0.4 0.6

+40%

Romance

Other

0.6 0.1 0.2 0.3 0.4 0.5

+51%

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What does “discovery” mean anyway?

Discovery means all the touchpoints in the mind of the consumer it takes to get them to decide to purchase and read a book.

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It takes about 6-12 touchpoints in the mind of the consumer to get to a purchase.

Marketing Adage

The stronger the touchpoint, the fewer you need.

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SLIDE 53 photo by anja_johnson
  • Marketing Manager at a large publishing house, quoted in Merchants of Culture by John Thompson

Between us and our readership, there’s a brick wall and we have little hammers, and if we keep hitting the wall eventually we’ll punch through it.”

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Discovery happens in lots of ways

  • there is no magic bullet

But there are a few things to keep in mind.

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Long Tail Books

Word-of-mouth is most effective for long tail books. Focus on your core readers. Goodreads giveaways can drive a lot of initial awareness among the right readers.

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Mid-List Books

Market to existing fans as much as possible. Focus on marketing to readers of your comparable titles. They will put your book on the right lists and ensure the recommendation algorithm picks it up. Friends are crucial.

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Bestsellers

Maximize your consumer touchpoints around launch. Be ready to capitalize on any media hits. Convert broadcast mentions into word-of-mouth buzz. Goodreads amplifies the effect of a traditional media mention and sustains attention for the book.

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Otis Y Chandler, CEO

  • tis@goodreads.com

goodreads.com/otis twitter.com/otown