Via https://newsapi.org online business online marketing online business opportunities While $26 Billion Publishing Industry Is Flat, This Vertical Segment Is Exploding. Leverage These Insights To Ride The Wave

Via https://newsapi.org  online business  online marketing  online business opportunities While $26 Billion Publishing Industry Is Flat, This Vertical Segment Is Exploding. Leverage These Insights To Ride The Wave

Via https://newsapi.org online business online marketing online business opportunities

via https://newsapi.org  online business  online marketing  online business opportunities New author writing and self publishing a book

Self-publishing is an increasingly viable option for new writers.

Getty

The publishing industry has gone through several transformations since the internet arrived with the introduction of e-readers, digital and audio books and the growth of book sales online. While this has crippled some companies who did not move with all the innovation, Borders Books for one, it has opened up new opportunities for the rising segment of self-publishing. 

An annual report form the Association of American Publishers indicated that the U.S. book publishing industry generated an estimated $26.23 billion in net revenue for 2017, representing 2.72 billion books. While this revenue is fairly flat, year over year, self publishing is rapidly rising with e-books, print on demand and audiobooks bringing in billions of U.S. dollars in revenue each year. According to the latest report from ProQuest affiliate Bowker, self-publishing grew at a rate of more than 28% in 2017. The total number of self-published titles grew from 786,935 to 1,009,188, surpassing the million mark for the first time.

Self-publishing of print books increased for the fifth consecutive year, driven by a 50% increase at CreateSpace (recently acquired and rolled into Amazon KDP) a self-publishing platform. As the numbers confirm, self-publishing continues to grow rapidly each year. In fact, self-publishing shows no signs of slowing down and continues to grow at a steady rate beyond the traditional book industry. CreateSpace was very popular in 2017, and now that its customers are moving to the new Kindle Direct Publishing platform, self-publishing will continue to accelerate.

So, what are the opportunities for enterprising entrepreneurs or people in the gig side hustle economy? There are several, both to actually create niche books and to provide services to aspiring authors.

Be a publisher.While Amazon dominates the book space with a several services and an ecommerce platform, there are opportunities to be a publisher in a niche or vertical space not served as well by Amazon. Authors would be attracted to a publisher who had domain expertise and knowledge.

Niche books.Again, while Amazon is broad, there is an opportunity to create a long-tail approach to book publishing and sales by focusing on under-served niches.

Bookstores coming back.In 2008, everyone predicated bookstores were officially dying and would never come back. Though it might seem that bookstores were closing at a rapid pace, there are actually still an impressive amount of bookstores in the U.S.A. There are about 10,800 in all, ranging from small, independent retailers to major chains. Ironically, even Amazon is testing its own new bookstores.

Publishing services rising.If you pay attention to the rise of self-publishing, then you have to wonder, who is writing all these books? Everyone. Well, does everyone need help in writing their books? They do. And they need help in the following areas which creates an amazing opportunity for entrepreneurs. It creates the opportunity to launch a startup that specializes in the following self publishing services:

Writing classes.New authors do not necessarily know how to write a book. Classes teaching would be authors how to get organized and write well would be important.

Editing books.Most people were not born to write a book so they need help in editing their manuscript and getting it ready for publishing.

Design covers.The importance of a book cover cannot be overstated. New authors need a good book cover design and the inside of the book to be professionally produced.

Implementation with Amazon.It can be intimidating to understand exactly how to format your book for Amazon and organize and SEO the content so that would be buyers can find your book.

marketing campaign. Again, a self-published author may not know much about either online or book marketing and could use a variety of services to help sell their book.

Don’t believe there is an amazing opportunity in the self publishing industry? Then believe Chandler Bolt who has built his online self publishing services business,Self Publishing Schoolto an Inc. Fastest Growing 5000 private business in the past five years.

“>

via https://newsapi.org  online business  online marketing  online business opportunities New author writing and self publishing a book

Self-publishing is an increasingly viable option for new writers.

Getty

The publishing industry has gone through several transformations since the internet arrived with the introduction of e-readers, digital and audio books and the growth of book sales online. While this has crippled some companies who did not move with all the innovation, Borders Books for one, it has opened up new opportunities for the rising segment of self-publishing. 

An annual report form the Association of American Publishers indicated that the U.S. book publishing industry generated an estimated $26.23 billion in net revenue for 2017, representing 2.72 billion books. While this revenue is fairly flat, year over year, self publishing is rapidly rising with e-books, print on demand and audiobooks bringing in billions of U.S. dollars in revenue each year. According to the latest report from ProQuest affiliate Bowker, self-publishing grew at a rate of more than 28% in 2017. The total number of self-published titles grew from 786,935 to 1,009,188, surpassing the million mark for the first time.

Self-publishing of print books increased for the fifth consecutive year, driven by a 50% increase at CreateSpace (recently acquired and rolled into Amazon KDP) a self-publishing platform. As the numbers confirm, self-publishing continues to grow rapidly each year. In fact, self-publishing shows no signs of slowing down and continues to grow at a steady rate beyond the traditional book industry. CreateSpace was very popular in 2017, and now that its customers are moving to the new Kindle Direct Publishing platform, self-publishing will continue to accelerate.

So, what are the opportunities for enterprising entrepreneurs or people in the gig side hustle economy? There are several, both to actually create niche books and to provide services to aspiring authors.

Be a publisher.While Amazon dominates the book space with a several services and an ecommerce platform, there are opportunities to be a publisher in a niche or vertical space not served as well by Amazon. Authors would be attracted to a publisher who had domain expertise and knowledge.

Niche books.Again, while Amazon is broad, there is an opportunity to create a long-tail approach to book publishing and sales by focusing on under-served niches.

Bookstores coming back.In 2008, everyone predicated bookstores were officially dying and would never come back. Though it might seem that bookstores were closing at a rapid pace, there are actually still an impressive amount of bookstores in the U.S.A. There are about 10,800 in all, ranging from small, independent retailers to major chains. Ironically, even Amazon is testing its own new bookstores.

Publishing services rising.If you pay attention to the rise of self-publishing, then you have to wonder, who is writing all these books? Everyone. Well, does everyone need help in writing their books? They do. And they need help in the following areas which creates an amazing opportunity for entrepreneurs. It creates the opportunity to launch a startup that specializes in the following self publishing services:

Writing classes.New authors do not necessarily know how to write a book. Classes teaching would be authors how to get organized and write well would be important.

Editing books.Most people were not born to write a book so they need help in editing their manuscript and getting it ready for publishing.

Design covers.The importance of a book cover cannot be overstated. New authors need a good book cover design and the inside of the book to be professionally produced.

Implementation with Amazon.It can be intimidating to understand exactly how to format your book for Amazon and organize and SEO the content so that would be buyers can find your book.

marketing campaign. Again, a self-published author may not know much about either online or book marketing and could use a variety of services to help sell their book.

Don’t believe there is an amazing opportunity in the self publishing industry? Then believe Chandler Bolt who has built his online self publishing services business,Self Publishing Schoolto an Inc. Fastest Growing 5000 private business in the past five years.

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