March 2023 Livestream!
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I am curious if the subscription numbers help to decide what to license. I will not purchase many books so I am hoping that the stats from what people read via subscription (pre-publish, captures) also help in the model. My staying subscribed will depend on the value I get as a member. I suppose rentals will play a part in the equation as well.
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@geetop said in March 2023 Livestream!:
I am curious if the subscription numbers help to decide what to license.
The most likely time you'll get an answer to that kind of question would be at a future livestream when they do Q&A at the end. You could also try asking via Twitter.
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@geetop At $4.95/mo, using an extremely contrived person who only reads 12ish parts per month (i.e., about a volume's worth of parts), that's around $1.69 cheaper than purchasing a premium novel with the 5% discount. I don't know how they track numbers, but the simplest is total revenue. Under that model, a premium sale would carry about 34% more weight than a subscription. People who read more per month would decrease the effective value a subscription adds to a series, similar reasoning can be made for people who read less.
In all likelihood, if subscriptions are used, they'd be used to estimate the size of the market. e.g., What percentage of members have at least opened up a part? What percentage of people who have opened the volume read at least half of it? What percentage of people who have opened the volume read more than 80% of the volume? How many sales did the volume before some cutoff date?
My guess is that while subscriptions are used, they probably don't make nearly as big an impact as sales. And if we're talking about niche licensing decisions, the rental system probably won't help with that either. Aside from its marketing perks (i.e., conversion to sales), its biggest standalone impact is likely going towards monetizing people who are interested in reading a series but don't care enough to own it... the size of that market's is not something I have the foggiest clue about.
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@endoftheline Part reading data we do sometimes analyze, and it's usually mostly proportional to ebook sales, but once you get down to the less popular series sometimes strange phenomena appear and you get some series that are popular to stream but don't sell as well, or vica verca.
It's interesting data but it's generally more complex to extrapolate to overall profit than normal ebook sales.
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but once you get down to the less popular series sometimes strange phenomena appear
So you're saying LN popularity exhibits quantum mechanics properties
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@Microdynames nah more like statistical noise and small group demographic effects get amplified.
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I noticed earlier that day that Earl and Fairy got finally licensed. I‘m still shocked! My first reaction was to scream and squeal on the spot. I still can‘t believe that J-Novel Club licensed the novel, I feel like I‘m dreaming. I‘m so, so happy, I waited so long for this to happen!!!
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For those who don't follow us on Twitter, we had a mini announcement today:
https://twitter.com/jnovelclub/status/1634283484444348419
https://twitter.com/jnovelclub/status/1634284381882798104
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Achievement Unlocked: Bonus Round!
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At this rate, how long before JNC needs a new imprint purely for Witch/Knight Romances..?
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YAY, more Endo and Kobayashi. The other one sounds interesting too.
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