GalleyCat
 
Receive mediabistro.com's Daily GalleyCat Feed via email


Daily Media Newsfeed Click here to receive mediabistro.com's Daily Media Newsfeed via email.

Wednesday, Oct 25

Getting Wise to Bookwise

So there's this new book club in the works called Bookwise...excuse me, I mean "a book club/network marketing company with a structure that is unique to both the book and network marketing industries."* How does it work? Well, according to the corporate FAQ, "Our network of sales associates will buy discounted books for their personal libraries and will help others do the same. They can build an independent, online bookstore and make it a profitable home business or, they can simply choose to read more." In other words, for $35 a month, after a $39 enrollment fee (and the annual $30 renewal), you'll receive one hardcover book ("the same quality book available in any bookstore across America," they boast) and you can buy more books at wholesale prices to sell to your friends! Because they'll love you for that. My favorite bit from the pitch: "The BookWise compensation plan is based on the average price of a bestselling hardcover book—about $27." Oh, really? And just where have these people been buying their bestsellers?

Actually, my real favorite bit is when co-founder Richard Paul Evans, the author of The Christmas Box, offers his personal perspective on why books matter so much:

"Where there is change, there is a book. From Hitler's Mein Kampf to Karl Marx's Communist Manifesto, every political revolution has a book at its core..."

Oh, yeah, that's inspiring. Why not throw in Chairman Mao's Little Red Book while you're at it? Better question: What book drove the American Revolution? After all, the Declaration of Independence barely even reaches the word count for a pamphlet.

*What's "network marketing," you ask? As Victoria Strauss points out, the most prominent exemplar of the business model is probably Amway, if that tells you anything.


new on mediabistro.com

The Future of Social Media with Chris Anderson

The editor of Wired explains how to create a social network that works.
Watch the video

Email This Post

Fill out the following information and click on the Send button in order to send this post, Getting Wise to Bookwise, to a friend.
Friend's name
Friend's email address
Your name
Your email address
Note to your friend (optional, max 200 Characters)

Read more on GalleyCat >

The First Word on the Book Publishing Industry

Our Blog Network

BayNewser

WebNewser

TVNewser

PRNewser

MediaJobsDaily

FishbowlNY

FishbowlDC

FishbowlLA

MobileContentToday

AgencySpy

UnBeige

GalleyCat

GalleyCat Staff

Editor:

Jason Boog


Senior Editor:
Ron Hogan



Contact Us
Twitter


Anonymous Tips

Favorite Posts

heather-thomas-sidebar.jpg Our Chat With Heather Thomas
jack-oconnell-sidebar.jpg The (Long-Awaited) Return of Jack O'Connell
marya-hornbacher-sidebar.jpg Marya Hornbacher: "No Tortured Artists Here"
stean-sagmeister-sidebar.jpg Stefan Sagmeister: "Design for Non-Designers"
 Why Does Maureen Dowd Hate Popular Women?

Links

theBookseller.com

Buzz, Balls & Hype

Danuta Kean

E-Reads

Eco-Libris

Publishers Marketplace

Publishers Weekly

Publishing Contrarian

Publishing For Profit

Publishing Insider

Publishing News

Publishing Perspectives

The Publishing Spot

Publishing Trends

PubRants

Rick Frishman

Shelf Awareness

TeleRead

Weekly Publishing Moves

The Write Report

...more...

Archives

July 2009

June 2009

May 2009

April 2009

more...


Recent

We're Using More Social Networking Tools

Harper: Sarah Palin's Memoir Will Be "Huge"

Updating Cyrano for the YouTube Generation

Subscribe

Click here to receive the Daily Media News Feed by email.

Job Listings

Featured Listings

Account Executive The Nest
The Knot, Inc.
Philadelphia, PA

ELT/ESL Electronic Publishing Opportunities
Cambridge University Press
New York, NY

Manager, Technical Services
Scholastic
Watertown, MA

Associate Publisher/Golf World
Conde Nast Publications
New York, NY

ADVERTISEMENT


mediabistro.com l Member Benefits l Jobs l Freelance Marketplace l Courses l Events l Forums l Content
mediabistro Blogs: Media News l TVNewser l GalleyCat l UnBeige l FishbowlNY l FishbowlLA l FishbowlDC l PRNewser l AgencySpy
MobileContentToday l WebNewser l BayNewser l MediaJobsDaily l mbToolbox
Site Map l Advertising/Sponsorships l Partners l About Us l Contact Us/Help

internet.commediabistro.comJusttechjobs.comGraphics.com

Search:

WebMediaBrands Corporate Info

Legal Notices, Licensing, Reprints, Permissions, Privacy Policy.
Advertise | Newsletters | Shopping | E-mail Offers