So a while back a major book publisher read my ebook and said they loved it. They wanted to publish it & we went right up until the day I was supposed to get the contract with them saying that it shouldn't be a big deal for me to keep ebook publishing rights. On the last day they changed their mind on that front, and if I killed the ebook to make a print one it would likely kill the business model unless I started selling services or got big into AdSense & click pimping.
I may be able to segregate out the print book content stuff and the ebook content stuff and use the print book to upsell the ebook, but generally I am a bit uncertain as to what all should go in which.
My options are as follows:
- turn down the publishing house, continue as I have
- kill the ebook and just make the print book an amazing value for it's price
- kill the ebook and sell a monthly newsletter service
- try to add more advanced stuff to the ebook and maybe pull out most the for newbies stuff (but then it may be a bit hard for me to figure out where that line is)
- if I altered the ebook stuff in any way those who are in on the ebook free updates would get whatever else I did instead (although I probably could not afford to buy and ship thousands of print books, so that would be treated as a separate product on that front)
If I got published the upsides could be
- added distribution
- those who wanted a print version or cheaper price point could get my book in a format that is more appealing to them
- I would have more credibility / authority in the eyes of some
- I would learn about the publishing process (which in turn would make it easier for me to publish future books if the idea sounded / felt cool down the road)
- if the marketing worked synergistically then it would cause more flow
- updating this channel and ebook is exceptionally time intensive compared to the time required to run a network of lower effort channels. If I changed my business model (doing lots of affiliate work and click pimping stuff I would probably make far greater profit)
- if my ebook is pretty good then more people reading a print version would mean I could help more people
If I got published the downsides could be
- if I did not update the ebook any longer or took large pieces of it out that could piss off many people who bought it already (and I am not willing to piss off past customers to gain market share...as that is just bad karma)
- it would take significant time
- it could hurt the profitability of this site...since largely they would want this site to market the print book, and that could cause my added value higher priced offering to sell less
- creating multiple price points, etc. is not one of my strengths & I think the simplicity of the current setup makes it easier to buy
- print books have low margins
- another company would control much of my content
- there are already a number of print books covering the search space...I think most of them were printed to upsell services instead of another book or newsletter...am uncertain how much volume / demand there is for a print version
- my potential publisher is one of the book publishers sueing Google, and I am not sure I would want my book publisher to do that
- I have already sold more ebooks than the average physically printed book has sold. If I did self publishing or went with a smaller publishing house there would be added flexibility.
If my ebook was not my main source of income this would be a no brainer, but currently it is, and that makes the decision a bit harder.
I am not certain if I will say what I end up doing, but I like the idea of getting feedback.
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