Wow, that was fast. Just a few short years ago, the Amazon Kindle ereader was a red-hot gadget that claimed a premium price. At launch in 2007, the Kindle was priced at $399. And, get this, the original Kindle sold out within just 5.5 hours. (Don’t worry, they made more.)
Soon after, the Kindle 2 released. Somehow, through the magic of Moore’s Law, the price dropped to $299. Still not cheap, but dramatically less expensive than the original. As of this writing, you can get a brand new Kindle for just $139.
But wait, there’s more. I’ll be a panelist at the upcoming DTC National Conference in Boston. And I noticed that there’s a crazy promo. Register for the DTC event, and they give you the conference materials on a Kindle. And you get to keep the Kindle.
From $399 to free.
Amazon’s sales of ebooks are skyrocketing. According to Amazon, ebooks already outsell paperback books. No surprise there. So it makes sense to keep dropping the price on the Kindle. Heck, Amazon can give the ereader away for free and (probably) still profit on the ebook sales.
Last year, I predicted “5 Reasons You’ll Be Using an EReader in 2 Years.” Um, I’d like to revise that now to “1.5 years.”
- 5 Tipping Points for eReader Technology
- iPad – Content, Marketing & Comics
- Kindles + Kids = 37 Billion Reasons
- iPad for Student Health