If you’re considering self-publishing your book, or working with a hybrid publisher, there will be costs involved. Beyond the time that’s gone into your book, you’ll be investing cold, hard cash in everything from editing and cover design to setting up your author website, and marketing your book with social media and perhaps even a book trailer. It’s an investment, to be sure. But what if you could get help with the costs?
One of the panelists we had the opportunity to hear today at Author Revolution Day in NYC was Amanda Barbara, development director of Pubslush, a global crowdsourcing publishing platform that lets authors raise funds and gauge the initial audience for new book ideas.
Here’s how it works:
1. Authors build a book campaign, submitting a summary and sample of their work.
2. Readers financially support their favorite submissions, in exchange for a reward (like a first edition, signed copy, digital preview, etc.).
3. Authors raise money and use supporter analytics to publish successfully via any publishing route they prefer.
There are plenty of benefits to crowdsourcing your publishing funds. By allowing authors to establish an audience in advance of publication (and to know who that audience is), much of the risk involved with book publishing is eliminated. Plus, by providing access to capital and resources to navigate the industry, Pubslush hopes to eliminate the stigma around self-publishing.
For authors with a cause-related book, it’s a chance to reach out to that community and have them support your publishing effort, too. Example: if your fiction or non-fiction book deals with an issue – say animal rights – you can reach out to those groups and encourage members to support the project, a win-win.
Pubslush also operates an independent imprint that acquires books from the platform. They extend deals to authors who are trending well on the site, and for every book sold, they donate a children’s book to a child in need, promoting literacy, another win!
Authors have already raised thousands using this platform. And, unlike crowdsourcing platforms like Kickstarter, this one is dedicated to authors AND doesn’t require 100% of the funding goal set by the author. Meaning, if you set out to raise $10,000 but only raise $3,000, you can still use those funds toward the publishing of your book.
We’re excited to hear what you think of this platform, so weigh in with your feedback and any results you experience, too!