I have detailed
at length in articles, books and websites, the many problems with the
traditional book publishing model. Heres a quick review of the more
significant downsides of that model:
You'll have to give away
half of your book's value right up-front by being forced to discount the cover
price by as much as 60% (Hard to believe isn't it!).
You'll
make very little money -- as little as 3% of the cover price through a standard
publisher, up to a maximum of 35% of cover price if you self-publish (Seems
hardly worth the effort!).
You'll have to wait a full 3 to 4
months to get paid for a book sale after it has been made (Really -- I'm not
kidding here!).
You'll be forced to issue 100% rebates to
booksellers who return your books after many months, because they didn't make
an effort to sell them. (Almost beyond belief, isn't it).
You'll have 25% or more of your income withheld from you (3 to 4 months after
that income was earned) as a contingency to cover eventual returns. (So, they
add insult to injury).
You'll get stuck in a long and drawn-out
industry time-cycle of 18 to 24 months from the time your book is ready until
the time it's on store shelves. (That is, if you're lucky enough to get
accepted).
Trust me; I learned all of this the hard way. In fact, it
was so difficult to believe that a business model could be so archaic and
flawed that I even went back and tried it with a second book in the hope that I
had somehow missed the benefits the first time around. Nope.
THERE
HAD TO BE A BETTER WAY After those disheartening experiences with
traditional book publishing I decided to see if I could find a better way that
would eliminate all or most of those downsides. Well, it took me almost three
years of trial-and-error experimentation (not to mention a few thousand
dollars) but I did manage to come up with a real, viable alternative to the old
way. Its called the Online Publishing Model.
And, based on my
experience using the OPM for the past couple of years, I am truly convinced
that it is the KEY to publishing success for small time authors and/or self
publishers in the Internet age.
THERE IS A BETTER WAY: THE ONLINE
PUBLISHING MODEL The Online Publishing Model is a combination of
online digital download delivery and print-on-demand (POD) paper book
publishing that sidesteps most of the pitfalls of the traditional book
publishing model.
It offers small-time authors/publishers an excellent
alternative that will give them more control, and will increase their sales and
profits by using little known online channels when publishing their
books/ebooks. Here's how it works...
THREE MAIN ONLINE DISTRIBUTION
CHANNELS Using the OPM approach, once your book/ebook is written,
there are a number of online channels through which you can distribute and sell
your book/ebook, as follows:
1. Dedicated Sales-Mini-Site
First and foremost, once your book/ebook is written you need to create
what's called a "mini-Website" (i.e. sales-mini-site) for the sole purpose of
selling your product. Trust me, this is the only way to go. You MUST have a
site dedicated to the sale of that one book/ebook. Search engines will send
targeted traffic to your site and your site copy will make the sales online.
2. Digital Download Distributors The second online
channel for your book/ebook will be through digital fulfillment companies that
distribute downloadable ebooks to the largest online bookstores such as
amazon.com, barnesandnoble.com, and many others. These distribution companies
are happy to put your ebook in front of thousands of traditional book buyers
who normally wouldn't see it. Listing your digital download ebook with one or
more of these distributors is essential.
3. Print-On-Demand
Distributors These are distributors that use a relatively new
technology called print-on-demand (or POD). You provide the company with a
digital copy of your book, plus some cover art work in digital form, and they
will set up your book so that single book orders can be printed and
drop-shipped directly to the buyer. This allows you to provide a hard copy
version (of your ebook) to those customers who insist on it, while you only pay
the cost of printing a single copy. (No more printing 2,000+ copies up-front
just to get a reasonable cost per copy!).
Other Distribution
Channels There are a few other distribution channels as well, such
as small online ebook stores, but these are relatively minor, and to-date I
just don't think they're worth the trouble.
BOTTOM LINE
Suffice it to say, there are at least three highly effective channels by
which you can distribute and sell your book/ebook online through the Online
Publishing Model.
If you can harness the three channels in the OPM,
and get them working for you, I can guarantee that you'll make more book/ebook
sales and profits than you ever would under the traditional publishing model.
Copyright © Shaun R. Fawcett About The
Author Shaun Fawcett is the author of numerous how-to
books on everyday practical writing help. He also writes about how to create
and publish books and ebooks. His popular book that explains how to implement
the Online Publishing Model can be found at:
http://InstantBookWritingKit.com