Thursday 20 February 2014

Unbound Publishing - a risk free business model?



 

I love the low-risk profile of this publishing business. Authors upload videos of their ideas. These then are open to donations via crowdfunding. In exchange the funders get lunch with the author or a mention in the acknowledgements or whatever.

 

One there is enough money raised, the book gets printed. The publishers share the profits with the author.

 

So from the Publishers POV:

 

·         Content is free. It is being provided by the author.

·         Production cost is free. It is being paid for via the Crowdfunding.

·         Marketing is going to be cheaper as the nature of the Crowdfund will provide exposure. Every person willing to donate is going to be a raving fan.

 

What do you think?

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