Online Book Publishing: The Many Benefits of OPM
This is another in my series of articles that explain the Online Publishing Model and how small-time authors and/or self-publishers can use the OPM as a viable alternative to the often archaic and dysfunctional traditional book publishing model.
It's an excerpt from my book/ebook, Instant Book Writing Kit:
This article explains the numerous benefits of using the Online Publishing model (OPM).
Frankly, after my frustrating and disappointing experiences using the traditional book publishing model, I was truly blown away when I discovered the many benefits of the Online Publishing Model. I was thrilled to discover that there actually IS an alternative that will allow me to write and publish books and ebooks for a living.
BENEFITS OF ONLINE PUBLISHING MODEL
As I state on the Web site for the Instant Book Writing Kit, the benefits of the Online Publishing Model are numerous and compelling:
You'll Make More Money
Instead of getting a paltry 3% to 35%, you'll get somewhere between 60% and 90% of your cover price, depending on which of the three channels you're using.
You Can Charge More
People are willing to pay more if they can get the information they are looking for almost immediately. Higher prices = more profits for you.
You'll Get Paid Sooner
Many online payment processors will pay you within two weeks of making a sale. On the other hand, traditional publishers and distributors will make you wait 90 to 120 days for payment.
Your Costs Will Be Lower
With the online publishing model your up-front costs will be significantly lower than if you self-publish the traditional way.
You Won't Have "Returns"
You can choose to NOT accept "returns". Unlike the traditional publishing model, all sales onder the OPM will be final with minimal refunds. Returned "over-orders" will be a thing of the past.
Your Sales Will Be On Automatic Pilot
Once you have your Web site up and running and your files uploaded to the digital fulfillment and POD distributors, you're ebooks/books will be selling automatically with little or no intervention by you.
You'll Be In Charge
You'll be in control of almost all aspects of the publishing and distribution of your book/ebook. You can publish or revise when you like. No more jumping to somebody else's timetable.
You'll Have No Inventory
You won't have to keep track of an inventory and worry about shipping, storage, and damage hassles and costs. You'll be completely inventory free.
You Can Revise Whenever You Like
Using online publishing channels you will have the freedom to make revisions to your books/ebooks whenever you like. You just update your book/ebook and post the new version at your convenience.
You Can Add Special Features
You can add value to your ebook by adding links to multi-media features and other hyper-linked bonuses.
You'll Have Direct Access To Your Data
Dealing with online fulfillment houses and distributors you'll have direct online access to current sales and earnings data.
BOTTOM LINE ON OPM
When I realized the full power of the online publishing model I truly was astounded! Discovering this new publishing model hit me like a breath of fresh air.
After all, using the conventional book publishing model, I had spent more than two years banging my head against the wall in frustration -- getting nowhere and going broke fast.
That's when I decided that I should write this information down and share it with other small-time authors and self publishers so they wouldn't have to go through all of the trial-and-error and expense that I did. My goal was to create a turnkey, paint-by-number blueprint, that any aspiring author and/or self-publisher could easily implement. I believe I've done just that.
So, I finally wrote it all down in Instant Book Writing Kit for the express purpose of sharing the Online Publishing Model with anyone who is interested in writing a book/ebook and making some decent money by publishing and marketing it online. Essentially, anyone who wants to duplicate what I have done.
If you are a small-time author and/or publisher you owe it to yourself to look into the Online Publishing Model before you write and/or publish that next book.
(C) 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, including his popular book that explains all about how to implement and profit from the Online Publishing Model: