aprilhenry (aprilhenry) wrote,

Is print dead? Is traditionally publishing? One author looks at the math

Tim Ferris, author of The 4-Hour Workweek, Expanded and Updated: Expanded and Updated, With Over 100 New Pages of Cutting-Edge Content. looks at some commonly held beliefs. Is print dead? Is traditional publishing dead?

Some points:
- "Reputation, at least in the mainstream and for the next few years, is difficult to build if you self-publish."

- "The downside is that you need to be a world-class marketer and understand affiliate and CPA advertising better than anyone else in your niche (since there is little barrier to entry, and therefore plenty of competition)."

- He also says, "In my last royalty statement, December 2009, digital book sales (all formats, including Kindle) totaled…. ready?… a mere 1.6% of total units sold."

Note that he writes non-fiction.

Read more here.

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