Electronic Publishing

ALSO CALLED: ePublishing, Web Publishing, Online Publishing
DEFINITION: Electronic publishing on demand (EPOD) is the use of a digital printer to create a book. EPOD books often have relatively small print runs, even single copies, sometimes causing the method to be derisively referred to as vanity publishing. Modern printers are able to print a 300 page book in less than a minute and then bind it in less than five minutes. Books may be sold and then printed, the inverse  … 
Definition continues below.

ELECTRONIC PUBLISHING DEFINITION (continued): …  of the traditional model in the publishing industry. Exceptional efficiencies of scale are attained by this method, as publishers no longer have to maintain inventory, deal with remainders or disappoint readers or authors with out-of-print books. An author can publish a book without high traditional upfront costs, lowering the barrier to market entry. As a result of these efficiencies, electronic publishers are able to offer authors considerably higher royalties than those generally found within the traditional publishing industry -- as high as 50% in some cases. Authors may also retain the rights … 
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