Sunday, April 20, 2014

eBook Bestseller Firm Result Source Disappears

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Result Source has been one of the premier businesses that appeals to writers looking to game the system and get their book on bestseller lists. Due to a myriad of factors the company has shuttered their online presence, all but disappearing.

Result Source was making millions of dollars from charging authors up to $250,000 for them to buy their own books via bulk discounting. Result Source would break up the sales into organic chunks that made it seem like thousands of people were buying them. This would fool book reporting agencies like Nielsen Bookscan and the book would make the Washington Post, New York Times or Amazon bestseller lists.

Good e-Reader and the New York Times both reported on this company, many times. This has prompted Result Source from deleting all of their social media accounts and taking down their website. There is a single landing page with a contact form and it looks like the company has taken the money and ran with it.

Why exactly is Results Source abandoning their business model? Most of their client base of authors are clergyman and priests. The most notable one was Mark Driscoll who pastors a large church in Seattle and recently paid Results Source more than $200,000 to get his book onto the New York Times bestseller list. The scheme included hiring people to purchase 6000 copies of the book in bookstores, then ordering another 5000 copies in bulk. Apparently the IRS is now investigating Results Source and the Churches for misappropriation of Church funds.

Result Source is no longer a viable option for authors looking to get that extra boost in their book sales and make the bestseller list. The fact that they have abandoned their operations leaves an opening for another company to take their place.

eBook Bestseller Firm Result Source Disappears is a post from: Good e-Reader

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