Problem: More and more authors are turning to self publishing. Just look at 50 Shades of Gray for instance. According to the startups data there were over 200,000 self published books out of over 1.5 million books published with ISBN numbers.
Self published authors have a hard time garnering social network interest, ratings and reviews which can be the lifeline for a self published book.
Solution: ScrewPulp offers an innovative new platform for self publishers that builds the social network interest piece and the ratings and reviews piece as well. After a book is downloaded 100 times they will switch to $.99 for the next 1,000 copies. After that they’ll increase to $1.99 and so on.
The monetization plan is to take 25% of the sales from books that are selling on the site.
Screw Pulp will giveaway the authors first 100 copies in exchange for a social media share and a rating/review. Readers who love reading new books will be able to download one free book at a time. Once they share it across social media and provide a star rating and or review, they’ll be allowed to download their next free book.
As far as rights are concerned, Billings would like to require authors to hold their work on ScrewPulp for a year regardless of whether or not that author gets their book picked up from another publisher.
Founder Richard Billings said in the Q&A that ScrewPulp will start with novel sized books first and then expand to series and even short stories. Billings also said he would like to use the format for indie artists as well and said we could expect a ScrewTapes out at some point as well.
Check out their Sunday pitch video below:
Check out ScrewPulp here at their website
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