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	<title>Comments on: &#8216;At the End of the Paper Trail&#8217;</title>
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	<description>News &#38; views on e-books, libraries, publishing and related topics</description>
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		<title>By: Rob Preece</title>
		<link>http://www.teleread.com/ebooks/at-the-end-of-the-paper-trail/comment-page-1/#comment-591302</link>
		<dc:creator>Rob Preece</dc:creator>
		<pubDate>Thu, 25 Oct 2007 16:58:11 +0000</pubDate>
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		<description>Hi David,
Can&#039;t resist accepting your invitation to comment.
I absolutely agree that the traditional print media (newspapers, magazines, books) will move electronically. From the newspaper perspective, this is mixed news--people tend to search for news that confirms their prejudices rather than challenges them--and that is not always a good thing.

I&#039;m not a huge fan of POD technology (call me one thumb up). I think it&#039;s a great way for a small publisher like me to dabble in the not-yet-dead world of print, but it is frightfully expensive on a per-book basis, squeezing margins. Part of the beauty of POD is that you, uh, print on demand. But bookstores still require returnability, which means you can have a pretty good sellthrough and still lose money if you use POD to hit the bookstores. (If you hit the industry average of 50%, you pay $3 for a book, and you sell the book for $12 with 50% bookstore/distributor margin), you end up just covering printing costs, with nothing left over for shipping, disposing of returns, paying the author or, heaven forbid, paying yourself.

I do quibble with the &#039;everything&#039;s free&#039; part of Adam&#039;s prediction. Sure there&#039;s an ad model, but it&#039;s not the only model and I&#039;m not convinced it&#039;s the best model for books. Highly affordable prices (minor plug--like BooksForABuck.com sets) seems like a better solution for both authors, readers, and publishers.

Rob Preece
Publisher, www.BooksForABuck.com</description>
		<content:encoded><![CDATA[<p>Hi David,<br />
Can&#8217;t resist accepting your invitation to comment.<br />
I absolutely agree that the traditional print media (newspapers, magazines, books) will move electronically. From the newspaper perspective, this is mixed news&#8211;people tend to search for news that confirms their prejudices rather than challenges them&#8211;and that is not always a good thing.</p>
<p>I&#8217;m not a huge fan of POD technology (call me one thumb up). I think it&#8217;s a great way for a small publisher like me to dabble in the not-yet-dead world of print, but it is frightfully expensive on a per-book basis, squeezing margins. Part of the beauty of POD is that you, uh, print on demand. But bookstores still require returnability, which means you can have a pretty good sellthrough and still lose money if you use POD to hit the bookstores. (If you hit the industry average of 50%, you pay $3 for a book, and you sell the book for $12 with 50% bookstore/distributor margin), you end up just covering printing costs, with nothing left over for shipping, disposing of returns, paying the author or, heaven forbid, paying yourself.</p>
<p>I do quibble with the &#8216;everything&#8217;s free&#8217; part of Adam&#8217;s prediction. Sure there&#8217;s an ad model, but it&#8217;s not the only model and I&#8217;m not convinced it&#8217;s the best model for books. Highly affordable prices (minor plug&#8211;like BooksForABuck.com sets) seems like a better solution for both authors, readers, and publishers.</p>
<p>Rob Preece<br />
Publisher, <a href="http://www.BooksForABuck.com" rel="nofollow">http://www.BooksForABuck.com</a></p>
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