Charisma, a Christian publishing company, recently made the announcement that they are now offering a new self-publishing service for authors. This new service, called Excel, is completely free.
You heard that right: Free.
Excel reports that they offer authors free high-speed typesetting, custom cover design, and preparation for electronic publication in formats for the Kindle, Nook, iBook, and Kobo. The company states that they have developed a high-speed digital typesetting program based on the open source LaTeX program. They report that this production is fully automated. Excel plans to make its money from book sales.
Sounds a lot like Smashwords doesn’t it?
Another difference is that authors will have less control, both creative and economic, with Excel. The company states on their website that they will choose the retail price of the books they publish. From this, they will pay the author a $1.50 royalty for each copy sold. Authors can also purchase copies of their books for an estimated price of between $.03 and $.04 per page.
So, if you are looking to get a book published and willing to market a cookie-cutter looking book—remember, production is automated and lacks the human touch—Excel might be the service for you.
I expect to see more of these types of self-publishing services appear over the next few years. Self-publishing has been growing by leaps and bounds and it will continue to do so as more and more authors choose to publish their manuscripts this way.