02 Oct 14
01 Nov 14 3:21 pm
Compensation for content question...
I was wondering if anyone had thoughts on this one. An acquaintance of mine wrote a substantial book on conquering Depression. It's a solid book, in conversational, easy to ready format -- full of great content (years full of content, in my opinion). My initial thought was that this could be made into an audio product and sold on Clickbank via affiliates, including myself. When I approached him about it, he was intrigued with the idea and he wants to talk more -- his book had come out a couple years ago, and sales have been mild.
But then I checked the Clickbank marketplace and I see that there seem to be a number of good products related to conquering depression, many have 75% sale to the affiliate. So it occurred to me to instead use the great content in his book as the base material for the sales of the existing affiliate products: for use on a website, newsletter, blog, etc. since quality content does seem to be a substantial problem of most affiliates.
My question is this: what would be a fair compensation to him for the use of his material (and is a "split" the way to go)? And would that compensation change if we were talking about producing a product based on that book?