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?