Friday, March 23, 2012

Open Business Models

The following is my “cheat sheet” that I could reference to share the advantages of Flat World Knowledge.

Benefits Include:

For Teachers:

(1) Avoid dealing with new editions

(2) Can customize texts and deliver your version to students

For Students:

(1) Free texts online

(2) Different versions available (audio, print)

(3) Can purchase only parts of the book

(4) Supplemental materials available

For Authors:

(1) 20% royalty (5% above average)

(2) The right thing to do

(3) Exposure to a new audience

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