Self-publishing through independent distributors can double author profit margins
Dale Beaumont · 1279 He Does $6m in Event Revenue Annually, now SaaS · Jan 24, 2019 · at 14:51
Dale Beaumont, author and founder of Business Blueprint, explains the economic differences between traditional publishing deals and self-publishing using independent distributors.
0:00 / 0:27exact quote · 27.5s
720p mp4 · rendered on demand · StarZero watermark
“If you go through, through a major publisher, you normally get a 10% royalty, and that's it. If you go directly to a distributor, you'd get 35% out of which you take your costs. So if your costs are around about, you know, five to sort of seven percent, then you're probably left with just a little bit more, maybe 15 to 20% is kind of what you're left with and that means potentially you can you know, double the amount of money that you make per book”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Dale Beaumont
Beaumont: Great educational content has become a commodity across platforms
“And then the second thing is everyone is sort of focused on great content. And I would sort of say that that's a bit of a commodity. Now there's great content everywhere on every platform.”
Beaumont: Required featured entrepreneurs to buy 1,000 book copies to participate
“What I then did is I raised the bar and I said, well, if you want to be in my next book, then you have to commit to purchasing a thousand copies. And I was able to fill up, you know, my next 11 books that way by having people actually commit to purchasing a ce…”
Over time, authors become the biggest purchasers of their own books
“So over the life of a book, five to 10 years, you actually become the number one consumer, the number one purchaser of your own book.”
Beaumont: Writing a book manufactures business credibility without decades of experience
“Or secondly, you can manufacture credibility. And one of the ways to do that is through writing a book.”