A new take on book clubs: Bookwise
I'm surprised nobody else has tried this yet. Bookwise, an Internet-based book club that also gives members a financial incentive to join. If you sign up more members, you can make a percentage of their book purchases.
On the first day of every month, BookWise posts its monthly catalog on the Web site. Members, or "associates," can order books from these categories:
Fiction, Nonfiction, Religious Fiction, Business, Advice and How-To, Cookbooks, Children's Books, Juvenile, Audio Fiction, Audio Nonfiction, Sci-Fi Fantasy, Classics, Business Building Tools and Self Published.
Associates have until midnight of the seventh day to make their selection. If a selection hasn't been made by that time, the system automatically selects a book from the Associate's default category.
The fee is $35, and for that you get:
1. A best selling book of your choice
2. A free ebook
3. A free audio book
4. 40 percent to 50 percent off on extra books
5. The BookWise newsletter
6. Free speed reading lessons each month
7. A Bestseller Webcast: live monthly interactive online interviews with bestselling authors
8. TaxWise Training: live monthly conference with tax experts
9. WealthWise Training: live weekly coaching on secrets of wealth
10. Bestseller Seminar: How to Write and Sell a Bestselling Book.
Live two-day seminar with five authors
On the first day of every month, BookWise posts its monthly catalog on the Web site. Members, or "associates," can order books from these categories:
Fiction, Nonfiction, Religious Fiction, Business, Advice and How-To, Cookbooks, Children's Books, Juvenile, Audio Fiction, Audio Nonfiction, Sci-Fi Fantasy, Classics, Business Building Tools and Self Published.
Associates have until midnight of the seventh day to make their selection. If a selection hasn't been made by that time, the system automatically selects a book from the Associate's default category.
The fee is $35, and for that you get:
1. A best selling book of your choice
2. A free ebook
3. A free audio book
4. 40 percent to 50 percent off on extra books
5. The BookWise newsletter
6. Free speed reading lessons each month
7. A Bestseller Webcast: live monthly interactive online interviews with bestselling authors
8. TaxWise Training: live monthly conference with tax experts
9. WealthWise Training: live weekly coaching on secrets of wealth
10. Bestseller Seminar: How to Write and Sell a Bestselling Book.
Live two-day seminar with five authors
Labels: book clubs
posted by Steve Weber at 1/31/2007
4 comments
links to this post
4 Comments:
We looked at Bookwise on A Motley Vision, and I have to admit that the Multi-level Marketing (i.e., Amway) features make me a little uncomfortable. I can certainly understand allowing a couple "levels" in the distribution, but I don't understand allowing as many as 8, as this and many other Multi-level Marketing "businesses" do.
I'm also uncomfortable with the cost of participating. Really, a $30 a month fee plus $35 a year is rather steep for most people, even if you do get 12 free hardcovers out of it. I might as well pay a premium over list price to get these books.
I suspect that in the end Bookwise won't be all that successful because the basic price keeps out those who are only interested in being consumers. Without those, all you have is those interested in making money, who buy just to keep up their participation.
That doesn't add up to a successful business model in my view.
But if Bookwise reduces its monthly fee and limited the number of levels compensated on each sale, then I think it might have a chance to attract enough buyers.
As I noted elsewhere, anything with "downline" in the description makes me shudder. Any structure of this kind brings to mind Amway and spamming MLMers.
The pricing ... I wonder if the need to serve the "downline" keeps it high?
--Mike
If BookWise was just about a monthly book, then perhaps BookWise wouldn't be such a great deal. However, the BookWise bundle of benefits include much more than just a monthly hard cover book.
The BookWise monthly membership includes a hard-cover book, monthly author training by a New York Times bestselling author, agents, and publishers, two tickets to an author's Book Seminar (valued at over $1,000.00), wealth training by several experts on many different aspects of financial management, an audio book, an e-book, tax training, and much more. Plus the opportunity to earn additional income in an industry I can truly feel good about - books.
If you haven't taken the time to really check out BookWise then you can't spurt out facts that you "think' you know.
Networking isn't for everyone. But, if you look into it, you will see what a smart concept it truly is.
BookWise is not a pyramid. You have to work hard. You can't just sit around and do nothing. But if you do work hard and you show others how to duplicate success, then everyone wins.
Where else can you start up a home business for $40 bucks? The monthly membership fee is well worth it if you already buy one book a month.
Of course, if you are just wanting a good book then there are many sources to get one. But are all of them going to pay you a paycheck?
If you JUST want to be a customer with bookWise, then check out our company in a few months. I hear that program is going to change for the better. Meaning, that bookwise is going to make it even more worth your while to buy books through them.
Books are awesome and if I can run a business from home, make money and earn vacations then why the heck not? We have more people coming into bookwise than we do leaving. In fact, we have many that have left and have now seen how well our company is doing and have then jumped back in.
Plus, BookWise refunds your money after a year if you felt BookWise wasn't a fit for you. No questions asked.
I'm not trying to convert anyone to BookWise. I'm just putting my 2 cents in.
Happy blogging to all and to all a good night.
Post a Comment
Links to this post:
Create a Link
<< Home