As publishers and libraries seek to reinvent themselves for the digital age, the opportunities are so much
bigger than ebooks, and it kills me to see the energy, passion, and resources that are being spent focusing on such a narrow piece of the big picture.
Isn't that interesting that your print book sales are
bigger than your eBook sales.
Not exact matches
Uli is also the co-founder of
Big Boost Media, which helps people stay current with the changing publishing market and do more
than simply produce and distribute great
eBooks.
Pan Macmillan has been punching above its weight in digital, getting a
bigger market share of
ebooks in the UK
than it had of print books.
I am leery of
big companies, but any time I've had a problem with one of my
ebooks, I've been on the phone live with an Amazon representative in less
than a minute, and the problem is taken care of right away... or if it isn't, they keep in direct contact with me until it is.
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While the
biggest ebook stores generally top out at 100,000 to 300,000 titles, bookstore offer a far
bigger collection, usually more
than a million titles.
I've heard figures from
big publishers stating that many new releases sell more
ebooks than print books.
Face it: with more
than 4,000 new
ebooks published daily, the chance that your novel will sell
big is slim.
Independent authors and Amazon - imprint authors sell more
eBooks per day
than the traditional publishers combined which is the uncomfortable truth that most industry observers, and those in the
Big Five publishers, find it hard to swallow.
Keeping up on current trends, Taylor plans to create an
eBook version of
Bigger Than the Widget next.
-- Across the entire US
ebook market,
ebooks without ISBNs now command a greater share of consumer
ebook purchases, reading time, and author earnings
than all of the AAP's 1,200 publishers put together, including the
Big Five.
In less
than two years, in fact, the market share of paid unit sales between indie (mainly self - publishing, but includes small presses) and
Big 5
eBooks has more
than inverted.
The top «
big time» publishers now produce less
than a quarter of
eBook purchases on Amazon, while indies are close to 45 %.
The «
big idea,» of course, is that authors should view publishing
ebooks on Kindle from the long - term, rather
than the short - term, point of view.
A new
ebook platform has been born, only this one has
bigger goals
than just digitizing books.
While Amazon originally worked under the wholesale model, which afforded the retailer the opportunity to sell
ebooks at less
than their cost in order to push sales of their Kindle e-readers, the alleged collusion between Apple and five of the
Big Six publishers actually refers to their switch to an agency pricing model, which allowed publishers to set the price of the
ebooks for the retailers.
The Salak Group, Inc. and Bright Launch LLC have joined together to form
Big Boost Media Group to build
ebooks as a business tool, rather
than just for entertainment, information, or learning.
In addition, sales figures in The Canadian Book Market do not include
ebook sales, nor online sales of print books, so the overall book market may be healthier
than reflected.Although Indigo suffered some
big loses, the company is still bullish on their future.
First,
ebooks sold better in 2013 by numbers of total sales, but actually resulted in less overall revenue
than they have in the past; this may stem from the understanding of where
ebook pricing should fall, and the fact that Amazon was able to discount
ebooks again after the stripping away of agency pricing following the DOJ lawsuit against the
Big Five publishers.
is there a
ebook service cheaper
than amazon that has
big name titles?
Their profit margins on hardcovers are
bigger than paperbacks and
ebooks, ergo it's in their interest to protect hardcover sales.
That means the truth, pending evidence to the contrary, is the
big 5 NEVER price
ebooks more
than print books.
However, the 2016 Global
ebook report shows that for some of the
big publishers in Germany,
ebooks already make up more
than 10 % and even up to 15 % of their total book sales (source).
So the question is, is an
ebook priced higher
than a print book due to
Big 5 setting their
ebook prices substantively higher
than what was set by the market (okay, fine, by Amazon, mostly) or is it due to Amazon's standard discounting practices?
The
biggest selling
ebook on the Kindle this year is the erotic novel by EL James, «Fifty Shades Of Grey», which sold more
than 2 million copies in just four months.
Well as for how
big the market is — I don't have any hard and fast numbers for you but Amazon sold more
ebooks than paper books this year, and Smashwords (an
ebook distributor) publishes over 70,000
ebooks and counting.
I also don't know if you've been following my point about a single source controlling pricing now (Amazon) vs six publishers and two major retailers interacting (the
big six plus Apple and Amazon), but I can't help believing that leaving the entire process of
ebook pricing and market setting in the hands of single source is less desirable
than allowing all the market players to interact.
But that's how the economics generally work out between
ebook readers and tablets: E Ink screens are much more costly
than LCD screens, and when it comes right down to it the screen is the
biggest difference between these two devices.
I think that's definitely something more authors should do: explore the possibilities of
eBooks to create something
bigger than the story.
I can believe the «
Big 5» publishers would see lower
ebook sales since they charge so much, but there are way more options available
than what they offer.
The
big five publishers in the last calendar year have managed to hang on to more
than half of all
ebook sales at Apple and Barnes & Noble Nook.
The bottom line is that Amazon's
eBook market is not yet
big enough to cover the losses the top selling indie / self - pubbed authors lose out on by not being widely distributed in physical book stores in the U.S. Of course, this disadvantage is mitigated over time because once the trade publishers stop pushing their new releases, these books» sales typically decline, but indie / self - pubbed authors can keep their market pushes going indefinitely, and they can publish new books more frequently
than once a year.
With dedicated e-ink readers such as the Kindle ($ 69) or the Kindle Paperwhite ($ 119) being much cheaper
than that, the choice could boil down to a cheaper but a
bigger full - fledged
ebook reader or a smaller and hence more portable smartphone add - on that costs a bit more.
All the searches on Amazon for
Big Five books show an agency - priced
ebook with a highly - discounted print book, often cheaper
than the
ebook, alongside of it.
Certainly, there are more indie
than Big Five authors earning above minimum wage in this daily snapshot (486 vs. 302), but to know the probability of hitting the right place on the list, we would need to know the distribution of publisher types across all of the
ebooks in the selected genres.
The «
Big Five» purposely jack up the price of their
ebooks in an effort to make
ebooks less attractive
than their cash - cow print books.
A new report claims that self - published authors have surged to 31 % of
ebook sales on Amazon.com, and are now earning more
ebook royalties
than writers published by the «
Big five» traditional publishers.
Random House has countered this claim saying, «Our publishing house, which is the only one of the
Big Six to make its
ebooks available without restriction for library lending, is setting the library
ebook price with «far less definitive, encompassing circulation data»
than the sell - through information used to determine retail pricing.»
But we can be pretty sure that Amazon sells
ebooks more successfully
than the market as a whole, because Kindle has the
biggest installed base and Amazon has the most book customers.
Assembled by Howey with the help of an unnamed «Data Guy» from publicly - available positions of 120,000 titles on Amazon bestseller lists correlated with estimates of sales rates, the report suggests that self - published authors represent a quarter of the titles published electronically, earning 39 % of
ebook revenues on the Kindle store, or «more...
than Big five authors, combined».
And
ebooks will have a much
bigger market share at that point — and the way we browse and buy them could look drastically different
than it does now.
Applebaum said that the publishing house, which is the only one of the
Big Six to make its
ebooks available without restriction for library lending, is setting the library
ebook price with «far less definitive, encompassing circulation data»
than the sell - through information used to determine retail pricing.
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The prices for
Big 5 published
ebooks have risen quite steadily, rather
than a sudden surge since the return to agency.»
Digital Publishing is becoming
big business and
ebooks have gained more visibility this year
than any other.
While
ebooks right now make up no more
than just 2 percent of their total collection in some of the
biggest libraries in the world, they have already shown their eagerness to adopt to the new emerging technology, something that they believe is akin to their basic survival itself.
Under the agency model — one of the factors that led the investigators to believe that anti-trust violations had taken place between Apple and five of the
Big Six publishers, including HarperCollins — publishers get to set the price of
ebooks, rather
than retailers; under the previous wholesale model, retailers could purchase books directly from the publishers, then turn around and sell those titles for any amount, even taking a loss on the books in order to boost sales of other products.
Fewer
than 700
Big Five authors and fewer
than 500 small - or - medium publisher authors who debuted in the last 10 years are now earning $ 25,000 a year or more on Amazon — from all of their hardcover, paperback, audio and
ebook editions combined.