Bookmato Launches Online Serialization Publication System
February 2nd, 2011Serialization has been proven to be an effective approach for book publication on traditional paper media such as newspapers and magazines. It benefits authors and publishers by providing them feedback during the writing phase so that the quality of the writing can be improved and the plot of the story can be shifted to better accommodate readers’ need along the creation of the work. With the power and potential of Internet, Bookmato launched the first online website where authors and publishers are enabled to not only share but sell books in serial. Thanks to the timeliness of Internet, feedback can now be delivered from readers to authors instantly and seamlessly. Additionally, this new model for book publication will give online book community another choice and boost the discovery of indie books written on Internet.
Bookmato is a dedicated website for indie books from authors on the Internet. Its goal is to build up a bridge to connect books composed and available online with their potential readers as electronic books reading is becoming more and more popular in the market. Moreover, Bookmato believes that books on Internet are unique existences but not supplementary add-ons to their printed-out counterparts. As a result, books online are forming a distinct new market which differs from traditional book market because of the technical advantages and flexibility being granted by electronic devices and Internet. As information on Internet can be gathered and distributed easily, widely and fast, Bookmato introduced the system to its website where composition, promotion and consumption of books are integrated together and the cost is greatly reduced.
Furthermore, Bookmato is a user-centered platform thus it is developing the system on which the quality of books is evaluated by readers only yet not be judged by the owners of the website. It provides authors and publishers with freedom and fairness. Moreover, as Bookmato is only a platform but not an electronic substitution of traditional publishing houses, authors and readers can deal with each other directly and authors are given 100% control of their works. As a platform, Bookmato only takes small portion of the book selling profit to cover its service expenses. Therefore the royalties for authors and publishers are up to 80% which is significantly greater when compared with traditional publishing houses.
Bookmato launched the serialization selling system as a unique feature of its platform because it is a win-win for indie authors/publishers and readers on Internet.
For indie authors and publishers, the competition is more intense on Internet. Serializing in-progress works gives them the opportunity to obtain feedback as soon as possible and enables many marketing strategies which cannot be done in traditional book market. For instance, one can share first few chapters of his book for free to attract readers before commercialization. Other than that, along the serialization stage, the price of each new chapter can be fine tuned to seek the perfect equilibrium between supply and demand. Additionally, as readers’ feedback can be provided instantly, authors and publishers are even given the possibility to refine characters and plots in their books to enlarge their audience in a timely fashion. Last but not least, it gives authors and publishers a handy report of the commercial capability of their books in its potential paperback and hardcover market. As the whole process is done on Internet and can be terminated readily, even a book fail, the cost will be tolerable.
On the other hand, readers take the advantage for not purchasing the book in whole before reading. With the serialization system, readers are given the flexibility of pay as you read. Thus if a book’s quality drops in the middle, readers can simply stop reading and save the money for the rest part. Readers are enabled to get a general idea of books with a very low cost and spend money on books more wisely. Moreover, since the feedback from readers can be appreciated and adopted by authors during writing, readers will feel involved and the conversion rate for readers to become consumers will hugely increase.
Bookmato is currently working on improving the features on its platform and introducing new functions to help readers locate interests easily and smoothly. Unlike other e-book self-publishing site, Bookmato is not building a book directory or book uploading system but a platform where readers’ opinions matter and can help good books from indie authors and publishers gain more eyes. Moreover, Bookmato is empowering online interaction between authors and readers by providing better user experience and more interactive and easier-to-use web services.
