Online publishing can be compared to book publishing

Book authors know there are two ways to publish books: traditional publishing and self-publishing.

When self-publishing, it’s your job to arrange all the tasks of printing, editing, distribution, etc, and take on all the associated costs. You also get to keep the full revenue from your book sales.

In the past, the publishing process was more difficult than it is now, so book authors didn’t do it themselves. Instead, they let specialised companies take care of the publishing process for them.

These companies are the traditional publishers. Their business model is to seek out good authors, take on all the costs of publishing their books, and pay them royalties for their book sales.

In other words, if you’re a book author who is working with a traditional publisher, you don’t have to pay a cent for printing, editing, distribution etc. You get all those services for free. The catch? You don’t get to keep the full revenue from your book sales. You just get a percentage royalty. There is also a loss of control on your part, where you may be overruled by the publisher on creative or business decisions.

Online publishing can be compared to book publishing.

You can self-publish a blog. In this case, you have to arrange the hosting, the design, etc, and take on all the associated costs.

Or, you can publish your “blog” updates through a social media platform. They take on all the costs of hosting, design, etc, and you don’t have to worry about anything but your content.

This is like working with a traditional publisher, with one clear exception.

If you publish to online social media, you are expected to let your “traditional publisher” keep the entire advertising revenue that your content generates, and receive zero royalties for yourself.

Is it any wonder that online social media companies are so profitable, when they simply don’t pay the costs that other media companies do?

Publishing your own website is one way to take back control, but it’s not for everyone. Are there any options for people who’d prefer to have someone else handle the online publishing process, while they focus on their content and get paid a fair royalty?

There are now.

When you become a member of The Online Economy, you’ll get access to 10-steps of training that will show you some NEW social media platforms that pay you a fair royalty when the content you contribute generates revenue.

If you haven’t joined The Online Economy yet, go to: https://theonlineeconomy.com