生意详情
We are in the POD (Print on demand) book publishing business.
We have more than 170 quality titles published on :
Amazon
Audible
Apple Books
Barnes & Noble
Kobo
Scribd
Tolino
24Symbols
OverDrive
bibliotheca
Baker & Taylor
Hoopla
Vivlio
We hold 100% rights to all our titles with 3 major niches/topics. Most of our revenue (95%) comes from Amazon and Audible, about 65% USA and 30% UK market. Our sales are *very* stable without doing anything.
Monthly revenue is anywhere between USD2500 to USD5500. December is exceptional due to the Christmas season and we did USD$12000 that month.
This is a fairly passive business, we spend less than 10 hours every month to check on our sales, manage our advertisements, and answer some of our readers' questions.
We hold 0 inventory, everything is digital and physical paperback is printed only when there is an order, therefore no risk on the stock. Amazon holds about 60 days on the creditor side, but they usually pay on time. All our resources are outsourced, which includes the ghostwriters, editors, book cover designers etc. We have a small office (S$650/month) at Bukit Batok which is totally optional for you to take over.
This business is not for everyone, there IS a steep learning curve at the beginning which we will guide you for at least 3 months. After that, it will be extremely easy until it gets boring.
Opportunities:
- You can publish more books to increase your revenue
- You can publish to other platforms to expand your revenue
- You can translate the current books to increase your revenue
- You can revive some of our non-performing books with new book covers and ads
Risks:
- Too much emphasis on Amazon, we are at their mercy all the time
- New tax law in Singapore that may require you to pay double taxes (unlikely)