What’s Your Algorithm?

By • Nov 5th, 2008 • Category: 26th Story, Big Ideas, Book News and Publishing

6a00e553f04af38833010535d938f1970c-800wiYou are special. Well, at least your mother thinks so. And marketers think so, too. But only in the context of other “special” people who are just like you.

A new book, The Numerati, by Business Week writer Stephen Baker, is based on the idea that we can all be identified by some sort of equation and that online marketers (aka The Numerati) are out there tracking down the variables and plugging them in to figure out exactly what we need and think we need. What you eat, what music you listen to, whether or not you sucked your thumb as a kid. You are quantifiable.

But is there an equation that can determine the books you like? And is it different depending on which books you will buy vs. which books you will actually read? (How many of us don’t have unread books on our shelves at home?)

With yesterday’s news of an expected downturn at Barnes & Noble from head Len Riggio and the drop in consumer spending in general, the pressure to generate book sales is on. But does that mean creating books for specific groups of people? Or finding the people who might read the books we are publishing after we’ve already decided to publish them? Which comes first? The chicken or the egg? The book or the reader?

Sarah

Photo courtesy of nertzy

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  • http://www.JeffRivera.com Jeff Rivera

    I think either scenerio can work. However, perhaps finding a market (studying their buying habits and interests) and then developing a book around that is wiser. You can test market the idea easier that way through free ebooks and if it seems to be taking off you can make the print version available.

  • Bob Zender

    I agree with Jeff – it must be both. Likely commercial viability can’t be the sole factor for deciding whether or not a book should be published. The books I enjoy most probably aren’t wildly successful, but I’d miss them terribly if publishers stopped producing them.
    I’ve never understood readers who snub their noses at bestsellers and money-making authors. I may not read many of them but I have to thank them for producing a margin large enough for publishers to take a chance on other work that doesn’t have a pre-existing audience in the millions.