PublishDrive announces ebook, print, and audiobook distribution
PublishDrive is an ebook distribution company that competes with other services like Smashwords, Draft2Digital, StreetLib, and IngramSpark. They're differentiating themselves with deep reach into the Chinese English-speaking market via their partnership with Dangdang (the Amazon of China), ebook marketing options, and an Amazon Advertising tool you can access within your PublishDrive account.
On March 29, 2020 they also announced ebook, print, and audiobook distribution under one roof.
This makes PublishDrive the only distribution platform supporting all three book formats: ebook, print, and audiobooks.
Print-on-demand services are estimated to be $150 billion dollars by 2022 (Gen Z loves print).
And audio? Well, it’s the fastest-growing format in online publishing, growing by 25% to $3.5 billion by the end of 2020. Indies earn even more royalties with audiobooks than any other format.
PublishDrive’s reach includes not only Northern American and European markets but listeners in China. Authors and publishers get the same royalty rates as selling directly to stores while getting streamlined support in managing dozens of channels. And in one dashboard, users can manage all publishing matters like sales analytics and book promotions.
Take-home royalties are the same as going directly with stores.
To understand that last point about take-home royalties, understand that PublishDrive, instead of taking 10 or 15 percent of your royalties, charges a monthly fee starting at $19.99 to authors who publish more than one book on their platform.
PublishDrive also offers an Amazon Advertising tool that helps you figure out reader targeting, their Savant AI program that will help you identify relevant product targeting, and a co-author royalties payment tool called Abacus.