Still, at this point for Amazon, lending a helping hand to
traditional ebook sales might be a logical strategic move — one intended to provide a digital carrot for the largest traditional publishers, in the hopes of forestalling their ongoing deliberate and self - damaging retreat from ebooks.
Traditional ebook sales might be, but perhaps they want to look at their pricing and marketing.
The news won't come as a surprise to anyone who has followed
traditional ebook sales trends over the past few years: Nielsen's reports put 2016 ebook unit sales from the... Continue reading →
Not exact matches
The post
Traditional publishers»
ebook sales drop as indie authors and Amazon take off appeared first on The Passive Voice.
If you look at the offerings for free on Amazon or Barnes and Noble, you see «sneak peeks» offered by
traditional publishers for
ebooks that they have for
sale in those venues.
However,
ebook sales overall are still robust when you take into account the 30 % of
ebooks that do not have an ISBN number, and therefore do not show up in any of the
traditional measures of
ebook sales, as clearly documented on authorearnings.com.
I think if
ebooks published by the
traditional publishers were priced more realisticly,
sales would improve but as long as
ebooks are priced above what the print version goes for,
sales will remain upside down.
that Hugh»... achieved a feat few
traditional authors have... inked a print - only contract with major publishers and retained the electronic rights to his own books (meaning all of his Amazon
ebook sales are still his own).»
A couple of years ago, Amanda Hocking came on the self - publishing scene with several YA
ebooks priced at 99 cents (for book 1s) and $ 2.99 (for subsequent books) and had legendary
sales that led to a legendary two - million - dollar
traditional publishing deal.
Some of the
ebook decline we're seeing may be attributable to higher
ebook prices from
traditional publishers, as well as rapidly falling Nook
sales.
I used to stress about bad reviews, my ego throbbing like a bee sting, but then I read something by Indie author John Locke (who set the record for
eBook sales and is starting to turn «
traditional publishing» into a bad word) that completely changed the game:
The
ebook sales decline in the United States is related to
traditional publishing and possibly its high pricing.
Joe, being a mid-list author, has a lot of
traditional credits to his name, so that helps to fuel
eBook sales.
One of the most startling findings is that for
traditional publishers, 48 % of their
sales are online in the form of either audiobooks or
ebooks.
While
traditional publishers (actually, the top end publishers) are fighting over business and legal issues, like any big business, you adapt and work with what works —
eBooks still represent a minority in
sales, but it is rapidly catching up to print, and by all accounts, has already passed hardcover (which has been in decline in a slow death since the advent of paperbacks and trade paperbacks in the 40s and 50s).
It's not new news that
ebook sales are growing faster than
sales of
traditional paper book.
Contrary to the hype, it would appear that the reason those pundits are claiming a decline in
ebook sales is because indie authors are taking significant market share from
traditional publishers.
And that's a good thing, but that does NOT mean that because a few dozen or a few hundred or a few thousand writers do this that
traditional publishing won't still dominate that $ 39.9 million
sales of
ebooks in September.
Although
ebooks continue to gain momentum they pale in comparison to the
traditional print
sales.
While print
sales are an important revenue source for publishers and
traditional authors, indie authors and debut
traditional authors are showing an even bigger lag behind their
ebook sales in terms of income.
The New York Times just put out an article citing the decline of
eBook sales as the simple fact that it had climbed too high for too long and it is stabilizing along with the fact that
traditional paperbacks are growing in popularity.
Traditional publishers, Poynter claimed, haven't updated their business practices since 1947, and physical bookstores»
sales have been rapidly declining, while
sales of
eBooks are increasing (Coker).
While the publishing climate is certainly changing, I think as long as
sales are tracked through
traditional outlets and publishers continue to put the most emphasis using Bookscan as a primary
sales reference point — versus an author's statement that the book has sold 3,000 copies in back - of - the - room
sales or as
ebooks — big publishers are going to be wary of publishing authors that are showing, say, 100 copies sold.
Sales are down, bookstores are closing, and many authors are leaving
traditional publishers in favor of publishing
ebooks.
Jeff Goins, in contrast, has enjoyed massive self - published
eBook sales through Amazon in addition to
traditional publishing and distribution
sales.
Because
traditional publishers are often foolish in how they handle
ebooks — insisting on seeing them as contenders for paper
sales rather than a different market entirely and generally overpricing them, in addition to generally giving the authors a pittance of a royalty on them.
In a world where
traditional publishers are still basically brokering to sell and warehouse paper rather than books (i.e. sticking to an antiquated business model in a market where
ebooks are rapidly growing to be the majority of
sales and shouldn't be ignored), this is a landmark deal.
They recently completed a three year study that monitored the
sales of both
ebooks and
traditional book
sales.
In the case of Ragan, who actually sold over 250,000
ebooks in her first year of indie publication, the attention her books received in terms of
sales led to a contract for her books to be published by Thomas & Mercer, the mystery imprint of Amazon's
traditional publishing house, Amazon Publishing.
The demand for vetted, edited, well - written, reviewed and awarded
ebooks allows
sales at the current
traditional publisher prices.
Dear Michael, if the
traditional publishers priced their
ebooks at $ 1.99, you'd label that «predatory pricing», too, for eating into the
sales of grandma's self - pubbed e-book about her pet Chihuahua.
Apropos of the question of how much Amazon is getting from
sales of
ebooks based on publisher (something Steve Zacharius suggested self - publishers should worry about, because as long as
traditional publishers are Amazon's cash cow, they might do something mean to us and cut our percentages), I did my own mini-analysis of the top 50 bestselling
ebooks on Amazon.
Jackie said: «Apropos of the question of how much Amazon is getting from
sales of
ebooks based on publisher (something Steve Zacharius suggested self - publishers should worry about, because as long as
traditional publishers are Amazon's cash cow, they might do something mean to us and cut our percentages), I did my own mini-analysis of the top 50 bestselling
ebooks on Amazon.
How much do the
sales increase for
traditional published authors when their
ebook is available globally, but at a higher cost?
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.
«In nearly all media coverage of the AAP's declining
ebook revenue, their
sales — the
sales of just 1,200
traditional publishers — are being conflated with the overall
sales of the entire US
ebook market.
Anyone who is taking comfort in flat
ebook sales from
traditional publishers is missing how fundamentally
ebooks are starting to decouple from the print market.
Mark Coker, CEO and founder of the hugely successful
ebook distribution platform Smashwords, wrote a blog poston how the
sales figures for an indie author versus those of a traditionally published author can demonstrate something that not many in the industry know: a
traditional publishing deal might actually do more harm than good for an author.
Mark Coker, CEO and founder of the hugely successful
ebook distribution platform Smashwords, wrote a blog poston how the
sales figures for an indie author versus those of a traditionally published author can demonstrate something that not many in the industry know: a
traditional publishing deal might actually do more... [Read more...]
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Traditional publishers are using the «
sale» aspects of lower
ebook prices for very - short - time events, sometimes only a day, often a week.
There's no doubt that
eBook sales are effecting the
sales of
traditional books and book chain Borders seems to be feeling the pinch more than others.
• Amazon dominates
ebook sales —
traditional and self - published combined — with nearly 80 % of the market in the U.S. and more than an 80 % share in the U.K. • Apple is the next largest
ebook retailer, but with a mere 9 % in the US and about 7 % in the U.K. — no one else has any meaningful share in the two current largest English - language markets.
Traditional publishers have been fighting a battle to preserve print
sales to the point of pricing their
eBooks out of the market.
Passive Voice notes: «It sounds like (Data Guy) was able to accomplish in person what the voluminous statistics and analysis he and Hugh Howey created with Author Earnings could not do — convince an audience oriented toward
traditional publishing that AE provides very useful information about
ebook sales.»
eBooks should be a content strategy alongside
traditional paper editions to maximize
sales opportunities.
And due to lower prices often offered by
eBook authors,
traditional publishers are losing their footing in
sales.
They could also coordinate the whole process as a service for their clientele, establishing a concrete list of tangible services to promote the book, report and analyze
sales, use their influence in the marketplace to get a better deal for the author in the future with a
traditional house or a better deal through
ebook publishers — while also managing subrights and the author's career.
Over 30 thorough training and strategy videos covering everything an author needs for both
traditional printed and
ebook sales.
Quote: «
Traditional publishing is losing
ebook sales because they are still pricing far too high.»
Perhaps
traditional publishers are better at gaining international visibility for their
ebooks with a significant number of daily
sales.