If the impact of
increased ebook pricing in driving readers increasingly toward self - published authors and away from bricks and mortar retail then the industry is shooting itself in the foot.
I heard about pressure from physical bookstores to
increase ebook prices, or they would refuse to stock the titles in their stores.
The class - action lawsuit, brought forward by 33 U.S. states, alleged that Apple was a dominant figure in an ebook price - fixing conspiracy designed to
increase ebook prices and challenge Amazon's hold within the ebook industry.
Last summer, a federal court found Apple and the Big 5 colluded to
increase eBook prices.
At the end of the day illegal copying will
increase ebook prices for you or make such products impossible altogether.
So they have,
increasing ebook prices to match print.
Yet, we have managed to get stuck in a world where competition
increases eBook prices, success of eBooks leads to Publishers delaying them, and the prevalent attitude is «readers should do what's best for our bottom line, not what's in their best interest».
Self - published and micro-published authors, particularly those writing genre fiction, were pricing their eBooks much lower and claiming an increasing share of the market, particularly through Amazon, while large publishers were
increasing eBook prices in a way that reduced eBook sales.
Not exact matches
Amazon's argument was that lower
ebook prices would lead to more
ebook sales,
increasing the size of «the total pie.»
Apple's electronic book effort, iBooks, excludes everything from Random House, the biggest publisher in the world, works only on Apple platforms and helped usher in a massive
ebook price increase last year.
The «big six» publishers (Hachette, Macmillan, Penguin Group, HarperCollins, Random House, and Simon & Schuster) are protecting their assets amidst declining author rates, fraught
ebook pricing negotiations, fear of piracy, and the
increase of self - publishing.
Library Directwill allow libraries to bundle books in Smashwords» catalog and select the books based on sales ranking; partnered with the new
Pricing Manager which allows authors and publishers to set the
prices that libraries will pay, even opting to make their titles free to libraries, the amount of
ebook titles that libraries can offer to patrons will
increase.
I have a suspicion that many people turned to Kindle Unlimited to combat the
increase in
ebook prices and therefore are overlooked in the AAP survey of it's members.
Random House, whose
price increase on digital versions of its titles for library lending, reiterated what can be great news for libraries, mainly that when a library purchases an
ebook for lending to its patrons, that book is the property of the library.
12 % said that the
price is right, but they would not buy
ebooks if the
price increased even further and 8 % said they no longer buy
ebooks and exclusively borrow them from the library.
You can provide the loser with an
ebook in any format you wish, from free to paid, but remembering that simply using his email address to «gift» him the
ebook from Amazon will cost you less than the
price of your print book and will
increase your
ebook ranking.
The fact that
ebooks themselves haven't led to
increased piracy, and that industry studies have shown book
pricing or free content also doesn't
increase or decrease piracy, hasn't seemed to sink in with publishers.
One of the end results of these meetings is an agreement from Random House that it would support
ebook lending of its catalog of titles, but that the
price that libraries must pay for those books would have to
increase.
Due to the relatively low
prices for English
ebooks (German
ebooks cost mostly the same than the print edition), this trend will
increase.
And the fact that 82 % of Hachette's
eBooks are currently
priced at $ 9.99 or less — including many books by our bestselling authors — belies any notion that we
increased prices on all
eBooks.»
I think in the future Amazon probably WILL raise the
price with the cost of inflation and the
increased popularity of
eBooks (even my 84 year old dad has a Kindle now).
I was wrong about the immediate impact of agency
pricing —
ebook sales continued to
increase at a heady pace.
With the typically lower
price of
ebooks through Smashwords, the opportunity for libraries to stock titles for their patrons and to
increase author discoverability
increases.
But these are some good results especially with heavy competition with Amazon.ca Due to the
price increases on
eBooks, my Kobo sits dormant.
Publishers will try to hold the line on their 25 % net
ebook royalty structures, which means big authors will see their royalties suffer as
prices drop and as the unit sales advantage of low
prices decreases, and as the disadvantage of high
prices increases.
That collusion, in which the publishers all agreed to switch to an agency
pricing model instead of the previously followed wholesale model, causing a sharp
increase in the
price of
ebooks when Amazon was no longer allowed to discount publishers» titles.
Hardcover sales in adult trade fiction and non-fiction combined
increased to a total of $ 1.5 billion in 2013;
ebooks in fiction - only sold almost as much as hardcover for both fiction and non-fiction for adults — despite the typically lower
price point of
ebooks compared to hardcover and paperback — a fact that speaks to the need to revamp the strategy by which publishers perceive digital - first and
ebook - only.
Authors are starting to approach their publishing business more professionally, which is reflected in higher
prices for
ebooks and
increased average earnings.
1) Produce lots of titles to
increase name recognition and sales overall; 2) Lower your
price point and the readers will follow; 3) Don't worry about
pricing, just focus on great writing; 4) Be a guest blogger, have your own blog, tweet, join forums, talk to readers, get reviews; 5) Use your
ebook as a promotional piece to sell classes, services, and other products; 6) There is no magic bullet, just keep doing everything and eventually you'll break through.
Coker included several graphs in his post that demonstrated a fairly steady
price for
ebooks through Smashwords after the switch to the agency model, indicating that it did not cause the
price increase that critics feared.
As of Wednesday publishers and authors will now be the people sole determining the
price of
eBooks under this new business model and
increased the royalties distributed per each sale.
The
increase won't necessarily lead to higher
ebook prices as VAT is already included in the posted
prices.
«Other highlights include: an
increase in the royalty rate (65 %) for
eBooks priced $ 10 and above on all copies sold, and the ability for authors to set
eBook pre-orders 12 months in advance.
March 2012 Random House dramatically
increases prices for library
ebook sales.
Despite the high
prices,
ebook sales
increased.
I see that the
ebook Heyer mysteries have all
increased in
price since I last looked.
On the consumer side, the recent
increase in
price from $ 9.99 to $ 14.99 for
ebooks from major publishers has likely dampened sales in what he called a «maturing market.»
Or perhaps, given the lower
prices of
ebooks particularly those by indie authors, there's been an
increase in the number of books consumers are buying and reading, such that there's a spreading of the possibly
increasing wealth to include a greater number of authors?
While self - pubbed authors generally
price their
ebooks lower than $ 9.99 (the royalties they receive by Amazon are cut in half otherwise), indies have responded to the new ruling with an average 5 %
price increase.
Smashwords CEO Mark Coker recently released the 2018 updated edition of his Smashwords Book Marketing Guide, in which his advice to authors still includes a strategy of
pricing at least one book as free, and if you have a series,
price the first book as free, despite his gloomy 2018 Publishing Predictions blog post, in which he predicted an
increased glut of high - quality, low cost
eBooks, and the demise of independent publishing by a rising, Amazon - dependent model.
The frustrating part is that Random House has drastically
increased prices to libraries, under the guise of maintaining a relationship with libraries, while seemingly turning a blind eye to the pirating of
ebooks.
The report presents 145 pages of data and commentary on a broad range of
eBook issues, including: spending on
eBooks in 2010 and anticipated spending for 2011; use levels of various kinds of
eBooks; market penetration by various specific
eBook publishers; extent of use of aggregators vs offering by specific publishers; purchasing of individual titles; use of various channels of distribution such as traditional book jobbers and leading retail / internet based booksellers; use of
eBooks in course reserves and interlibrary loan; impact of
eBooks on print book spending; use of
eBooks in integrated search;
price increases for
eBooks; contract renewal rates for
eBooks; use of special
eBook platforms for smartphones and tablet computers; spending plans and current use of
eBook reader such as Nook, Reader and Kindle; the role played by library consortia in
eBooks; Continue reading Primary Research Group releases Library Use of
eBooks 2011 Edition →
The
price of new bestselling
eBooks increased to an average of $ 12 — $ 15 — an
increase of 33 to 50 percent,» the filing continued
With the wealth of
ebooks titles available and an
increase in the use of digital indie publishing platforms which enable authors to post their own works as
ebooks, more and more readers are turning to
ebook lending libraries and websites for content, especially in recent months when best - selling titles have often been marketed at a very similar
price point to their print counterparts.
An attorney general from Connecticut told Reuters that he felt like all fifty states, all commonwealths, and all US territories would be signing the settlement; some estimates of the cost to consumers as a result of the
price increase on
ebooks are as high as $ 250 million.
Overdrive, the digital media supplier to libraries nationwide issued a statement noting the astronomical
price increase: «As announced yesterday *, Hachette Digital is raising
prices on its currently available library
eBook catalog (roughly 3,500 titles with release dates of April 2010 and earlier) effective Oct. 1, 2012.
... publishers believed that Amazon's wildly popular Kindle eReader device and the company's discounted
pricing for
ebooks would
increase the adoption of
ebooks, and feared Amazon's discounted
pricing structure would permanently set consumer expectations for lower
prices, even for other eReader devices.
Average
prices of trade
ebooks sold by the defending publishers
increased by 18.6 percent at Amazon and by 19.9 percent at Barnes & Noble through the transition to agency.
After several meetings with the publisher, the ALA reached an agreement, only to find that Hachette
increased the
price of their
eBooks to libraries by 104 %.
Defendants exercised their market power when they collectively
increased the average
price of trade
ebooks, DOJ said in a filing on Tuesday.