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Old 02-24-2011, 07:44 AM   #388
kennyc
The Dank Side of the Moon
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Join Date: Sep 2009
Location: Denver, CO
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Tangentially Related:

"...Another benefit of the Kindle is the ease with which it enables anybody to self-publish. Publishing your own book used to involve expensive layouts, ISBN barcodes, very expensive printing, shipping, warehousing, shipping to bookstores, paying to ship unsold titles back to your warehouse from bookstores, and so on. It was a low-margin, risky proposition that saw most titles fail to benefit their authors in any way beyond personal satisfaction.

Not anymore. Publishing on the Kindle requires no complicated layout, no ISBN barcode, no printing, no shipping, and a generous profit-sharing structure. A first-time author completing a book on Friday can start selling it on Saturday and achieve greater profit per copy sold than if she’d gone through the lengthy, often heartbreaking process of querying agents and publishers, finally finding the book a home, waiting another year or more until it’s on shelves, and then waiting another six months for her first royalty payment. At the end of all that, the profit-per-copy for most authors is a tiny fraction of the price paid by readers, and the authors who ever get far enough to discover that are the lucky ones. Most wash out earlier in the process without seeing one dime of profit. They just collect rejection letters. On the Kindle, it goes like this: finish book, upload file, promote, sell, get paid ten times more per copy sold than you would be paid via traditional publishing. Time previously spent convincing publishers of a book’s worth can now be spent convincing readers. The market becomes the only judge...
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From: http://jasonkelly.com/2011/02/whats-...ture-of-books/
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