Monday, September 15, 2008
Wisdom of Crowds in book publishing
HarperCollins is posting unsolicited manuscripts on AuthOnomy.com to solicit the public to evaluate the stories. It is a fantastic idea, as you guys would have guessed I would have said. I’d also say that Lulu.com offers a similar opportunity for authors. (Hardball Times knocked out of #1 spot after 4 years!) What you would require there is more aggressiveness on the part of Lulu to get the buyers to rate the books they bought. This kind of system works wonders on Ebay. Indeed, I think it made Ebay.
(Hat tip: Len)