I could have Out of Africa released in the US and South Africa on the same day! Should I or Shouldnt I. Ill wait for the fine print.....and I do have an issue with the last two paragraphs. I could save that cost altogether, shrugging but it would be released in SA- thats the only advantage for me to even consider the offer....... Now the most probable reason I am turning this down, if I do.....is because the initial contact asked which writers were interested in the pilot program and 10 were selective: shrugging....... maybe mine was selected.. But this address, appears under-handed ans sneaky, like a company I wont mention {{{Cough, cough:Xlibris}}}} The emptying of your pockets never ends and every six months.....worst publishing company in the business...... It no longer seems like a pilot, but a self publishing ply.......... Shrugging, I could be wrong- Ill wait and see......but Im leaning towards no. Hi, Regina We’re now in the planning stages the first pilot of this exciting concept worldwide, and it goes live in 4 weeks! So, finally, here is the detail you’ve been waiting for. You’ve seen coffee shops attached to book stores? Well, we’ve turned this concept upside down and we’re bringing the bookstore to the coffee shop. We’re piloting the concept at a branch of one of the many coffee shops owned by Famous Brands, a listed company in South Africa that own the majority of the biggest coffee shop brands in the country. The Imagin8 Bookshelf will be set up in the first pilot site in the next few weeks. This bookshelf showcases only 10 titles. Your book will be one of only 10 titles on display to a captive audience. So, how does it all work? In a nutshell, you sign up with Imagin8 Bookshelf. Send us the PDF of your book. We print 10 copies and showcase your book in the Imagin8 Bookshelf. As stocks sell, we reprint and restock your book on the shelves. At the end of each quarter, we pay your royalty of 50% on sales (net of VAT). You are billed for: • The print cost of your books (About $6.50 per copy) depending on our print volumes and the number of pages in your book. • A monthly shelf rental of $4.59 pm You receive your income statement each week detailing weekly sales, printing costs, and your royalties due, so you always know exactly what your balance is. We set the retail price of the book. For the start of the pilot, the books go on sale at R 199 (about $19.29). We’ll be monitoring and possibly adjusting the retail price during the pilot. Our aim is to find a price that gets books moving. So, to get started, please reply to this email or email me d Your name and surname Your pen name (if you’re using one) Your email address I’ll send you a distribution agreement to sign, scan, and return to me as well as your invoice for your joining fee. Your joining fee covers your costs for the first month – the cost of printing 10 copies of your book, and the first month’s shelf rental. On receipt of your joining fee of $70.25, we’ll kick off the printing process. Once your first 10 books are in circulation, as long as you’re selling, the proceeds from sales should cover your printing costs and your monthly shelf rentals, and by month 4 you should be showing a profit. We’ll pay proceeds every quarter, as long as you have a positive balance of $25 or more.It really couldn’t be simpler. Effectively, you’re signing up with a publisher, but you get 50% royalties instead of the 5%-8% most publishers will offer you, and your exposure is little more than $70.25.
Posted on: Wed, 04 Jun 2014 19:37:35 +0000