Crowdfunding Books: The Latest Publishing Industry Trend

Traditional book publishers are struggling to stay relevant in a constantly changing industry. The rise of e-books and self-publishing has continued to have a strong impact in the publishing world, and now crowdfunding is the latest trend to join them. More authors are discovering the potential of crowdfunding as a tool to help them raise money to write and publish their books. Authr.com offers an easy to use platform exclusively for writers who are interested in gathering funds for their book projects and marketing their books once published.

A recent survey of a Self Publishing Books website found that 1.5 million books are estimated to be in print in the United States while 81 percent of the population would like to write a book. But success stories in the traditional publishing industry are reserved mostly for established authors and celebrities, and the daily struggles of thousands of lesser known writers and aspiring authors often remain hidden. As the book industry continues to change, more people are turning to self-publishing, and 78 percent of the books sold are already from small presses or self-published. Nevertheless, many writers still struggle to find the necessary support to write and publish a book.

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