eBook Gift Card Startup Livrada Now Sells to Authors
Livrada had previous gotten press attention last year for their ambitious plan to bring ebook gift cards to retail stores. It now appears that that idea has been sidelined in favor of a new plan: selling the eBook Gift Cards directly to authors and publishers.
Livrada for Authors is intended to give authors a new way to promote their ebooks in the real world at conventions, fairs, and book signings. It allows authors to create custom ebook cards for their ebooks which can then be given away (or sold). The ebook gift cards can then be activated on the Livrada website and then redeemed in exchange for an ebook from the Kindle, Nook, or Kobo ebookstores. You will of course need an account at the respective ebookstore.
To be honest this is not that new of an idea, though it is the first time that I have seen it implemented on a commercial scale. In the past I have encountered independent efforts to create gift cards to be given away at cons.
Dean Wesley Smith has been making similar cards, and I’m sure he’s not the only one. His cards, which you can see at right, are much more sophisticated than the cards made by Livrada. They were conceived with the goal of not just selling the card but also enabling other activities including autographing the ebook gift card. All in all, Dean found those cards to be exceptionally valuable as a promotional tool.
Livrada has already launched the new Livrada for Authors platform on their website and it is currently available for new customers to sign up. Prices start at $375 for 200 "wallet cards" the size of a business card. Livrada is also offering a larger card like the ones pictured at the beginning of the post as well as stand-alone PINs. This last option is intended for authors who might want to give away ebooks via email.
This is an interesting bit of news because it suggests Livrada has pivoted to a new business model. Perhaps they weren’t having much luck with the retail channel. Their website only mentions a single retailer, Fry’s, as carrying the ebook gift cards.
This is a marked contrast to Livrada’s competition from north of the border. Kevin Franco oftold me today that his company has long offered author cards similar to the ones that Livrada now offers. Enthrill had never made a big deal about their author cards because they were busy building up their retail distribution and getting their cards into more grocery stores, indie bookstores, and elsewhere.