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- Mar 29, 2007
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As many of you no doubt have heard, HarperCollins will be starting up a new imprint with a very different approach to selling books. Some of the unique features supposedly include:
1. Minimal (or no) advances to authors
2. Sharing profits with author instead of traditional royalty
3. Sales, marketing, and distribution exclusively via the Internet
4. A no-return policy
When I first read about this in the AW Roundtable forum (http://www.absolutewrite.com/forums/showthread.php?t=98327), I thought, gee, that sounds similar to how small presses/self-publishers operate. Anyone else see it this way? Anyone have any ideas on how H/C might be successful in this venture when others, notably small presses/self-publishers, have struggled? Yes, I realize that HarperCollins is a far cry from a self-publisher, and they certainly have clout, but if they can make this new imprint successful without using the old tried and true model, maybe others could adopt a similar strategy.
1. Minimal (or no) advances to authors
2. Sharing profits with author instead of traditional royalty
3. Sales, marketing, and distribution exclusively via the Internet
4. A no-return policy
When I first read about this in the AW Roundtable forum (http://www.absolutewrite.com/forums/showthread.php?t=98327), I thought, gee, that sounds similar to how small presses/self-publishers operate. Anyone else see it this way? Anyone have any ideas on how H/C might be successful in this venture when others, notably small presses/self-publishers, have struggled? Yes, I realize that HarperCollins is a far cry from a self-publisher, and they certainly have clout, but if they can make this new imprint successful without using the old tried and true model, maybe others could adopt a similar strategy.