Is Publishing Dead? Wubbit’s Founder Says No
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PUBLISHING PROBLEM 2:
Retailers make the big bucks. The current business model is great for business…if you’re the retailer making a 55 percent commission (or selling at a 110 percent markup depending on how you look at it) and not bearing any of the cost to bring the book to market. In the current business model, the retailers hold the power. By selling through Wubbit, authors’ and publishers’ sales commissions are reduced by 20 percent, sending those dollars straight to their bottom line.
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