The document proposes creating a feminist book of the month club subscription service called F-BOM to help promote and support self-published women authors and increase the diversity of authors published. It would work by pairing subscribers with self-published authors, giving both guaranteed audiences and revenue sharing. Financial projections estimate 100 subscribers in the first quarter growing to 800 by the end of the first year, generating $30,000 in sales and $6,700 in profits for F-BOM to support authors. By the third year, projections estimate 3,000 subscribers, $500,000 in sales and $170,000 in profits to support authors.
4. PUBLISHING INDUSTRY TRENDS
Male Authors Account For…
The Best Books of 2014 100 Novels Everyone Should Read 100 Greatest Novels of all Time
2015 Author Guild survey
6. 56% of ALL authors
live below the
poverty line
2015 Author Guild survey
7. MARKET OPPORTUNITY = SUBSCRIPTION BOX
Self published
author struggling to
find audience and
make ends meet
Reader impatient
with lack of
diversity in
traditionally
published books
8. VALUE PROPOSITION
Self Published Author Underserved Reader
• Guaranteed Audience
• Receive 50% of profits
• Reach readers in other
states
• More online reviews
• Word of mouth marketing
• Affirmation
• Confidence
• Part of Community Book
Club
• Discover new authors
• Support diversity
• Vetted for quality
• Special Edition book
• Exclusive author access
14. FINANCIAL PROJECTIONS: YEAR 3
3000 subscribers
Switch to bi-monthly
Add retail box
Total Sales = 500000
F-Bom Profit = 170000
Author takes home avg
28000
15. NON PROFIT ORGANIZATION
● Pay women to promote other women
● Give out grants to authors, directors, actresses, etc.
● Provide marketing assistance and networking