Q1 2012 Update
You’ll be happy to know it’s been a terrific start to the year here at Paradise Publishers. Our Q1 revenues on current operations are up over 30% over Q1 2011.
Here are updated statistics and key indicators with respect to our operations and continued success:
Verified Subscribers > Free-eBooks.net = 1,100,000+ & Espanol.Free-eBooks.net = 25,000 – growing by approximately 1,300 & 300 new members/day respectively
Facebook Fans Acquired: 74,000+ and growing by approx. 10,000/month
Apple App Installs: 240,000+ (launched Jan 2011)
Android App Installs: 50,000+ (launched Dec 2011)
Snapshot of new programs and progressive strides for us during Q1-2012
500+ New Textbooks Come with New Partnership
In a joint venture with BookBoon.com, Free-eBooks.net now offers members over 500 free textbooks in categories ranging from Business to Engineering, Law and more. Hundreds more volumes are expected shortly.
We have partnered with the investment Scarsdale Equity, in order to further our fund raising efforts. We’re optimistic this highly-regarded firm will be able to deliver results.
eBooks for Sale Brings New Revenue Stream
An additional and promising new revenue stream will come from site visitors purchasing eBooks that are for sale, rather than offered free. We’re looking to duplicate Free-eBooks.net success and format but with eBooks in retail.
By leveraging Free-eBooks.net traffic to promote the new site, there will be thousands of people seeing the new offerings and opportunities to buy everyday. This also means Paradise can now serve those authors who were agreeable to selling their works, while simultaneously stimulating fresh sales for us.
Ampersand Academic Press Expands Library & Reach
A new Academic section aimed at the colleges and universities was launched. Students are able to have their work reviewed by a panel of University Professors and if acceptable published by us. brings additional traffic and offers another new, highly targeted section our members.
VISA Rewards Members & Free-eBooks.net!
Global behemoth VISA now allows their cardholders to redeem loyalty rewards points to obtain Free-eBooks.net VIP Memberships. The card company is listing us in their Rewards catalogue and joins our previously announced promotions via Bank of America. Plus, there are more promotional partners coming.
Facebook Timeline A Hit
Members are now able to opt-in and automatically have their Free-eBooks.net activity posted on their Facebook Timeline. Nearly 3,000 eBooks have been posted to Timeline in less than a month. This will continue to grow as we acquire new members and as more current ones opt-in.
NEW “Author AdCash” Revenue-Sharing Program
We’ve partnered with Google’s Adsense program to allow Free-eBook’s authors to earn advertising revenue for themselves. Our “Author AdCash” feature integrates with Google’s Adsense Program which allows participating authors to take ownership of the Google Adsense ads displayed around their books.
This provides us with another benefit to attract more authors and entice them to contribute their books for the continued growth of our Free-eBooks’ library and the variety of selections for our members.
It’s just about ready to launch! We’re only a few weeks away from the first round of initial in-house tests to present Foboko.com to you and the world! Estimated public launch: Q3, 2012.
Your continued interest and support is important to us. We hope you find this good news to be both helpful and informative. You can be assured we are working hard, solidifying our progress and anticipate building on our momentum in Q2.
Thank you for your time and attention. Wishing you all the best,
CEO, Paradise Publishers Inc.