eBooks Compared to Cost of Print Publishing

Nook Color ereader

Nook Color ebook ereader now supports Android Apps

As the print industry continues on an inexorable path to extinction, an analysis by the Wall Street Journal reinforces what many of us already knew. Specifically, ebooks are just less expensive to publish.

First off, I’m not a book hater. Actually, quite the opposite. I’ve had a lifelong love affair with print. I spent many years in print publishing. Now that I’ve started writing books, I’m hoping that print sticks around just a bit longer.

Unfortunately, that’s just not going to happen.

The Internet has has led to fewer people buying and reading books. That much we know.

Yet it took the combined impact of the Amazon Kindle, the Nook, and the iPad to make ebooks truly viable. These are devices that offer the features ebook readers want at the right price. Continue reading

BN vs Amazon for What’s Left of Books

As Borders closes, their discounts on books increase.

Books are dying. Actually, if you believe the pundits, almost all of print is dying.

As someone who used to work in print publishing, I see many friends looking for new jobs. So, yeah, I tend to agree with the pundits on this one. Books are dying, and I am not happy about it.

As Borders closes the book on their business as booksellers, you can’t help but wonder what’s next for the entire publishing business. As an author of four books (and a fifth one coming!), I am more than just a little concerned about the untimely but not entirely surprising demise of this significant retailer. Continue reading

Nook Upgraded & the 5 P’s of Marketing

Nook Color ereader

Nook Color ebook ereader now supports Android Apps

And just like that, the Nook matters again. Yes, in the war to win the hearts and eyeballs of readers continues to rage on, and Barnes & Nobles has just proved that it’s not out of the fight.

In 30 seconds or less, the Nook was upgraded from being a humble ebook reader with an attractive color screen, a market where Amazon dominates. A software patch pushed the Nook into the crowded space of tablets, where Apple dominates.

Soon the Nook will have full access to the Android Marketplace, which includes the kinds of games and apps that makes the iPad so popular.

Here are five reasons why this matters to you as it relates to the Five P’s of Marketing (loosely interpreted, of course):

  • Product
  • Price
  • Place (distribution)
  • Promotion
  • People

1.PRICE: Nook competes on price and features. Everyone from the media to the average buyer is enamored with tablets. The venerable iPad 2 is one of the most coveted gadgets on the marketplace, but with prices starting at $499, it’s not exactly within reach of all buyers. For a while, the Amazon Kindle was the device to beat, but it’s still a black and white technology in a color world. At $250, the Nook offers a sharp, full color display. It may not be as full featured or sensitive as the iPad, but it suddenly feels light years ahead of the Kindle, but with a very attractive price point. Continue reading

Free Kindle? A Matter of Time

Free Kindle OfferWow, 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.

How long before this pushes down the prices of competing ereaders? Something tells me that the Barnes & Noble Nook will probably be considering a price cut. The Apple iPad? Probably not just yet.

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.”

Additional posts:

Book Expo 2009 – A quick recap

Book Expo 2009Last weekend I went to the Book Expo of America 2009 in New York City. It’s a show that comes around every three years, so it’s not one that I want to miss. As the author of several books (and hopefully more in the future!), I attend the shows to network and connect with publishers.

Since last show, however, we’ve seen the launch of ebook readers, including the Sony Reader and the Amazon Kindle. Many publishers offered ebook versions of new releases, which seemed to draw little attention from media reporting on the event. And yet, neither Sony nor Amazon nor Google (which is now selling ebooks!) had any significant presence at the Expo, which is more or less a professional trade show.

As an author, I would have liked to have seen at least Sony and Amazon at the convention with big informational booths. Y’know, preaching the digital gospel and stuff. I even brought my Kindle with me, just in case Amazon was giving away free sample books or whatever. Sadly, there was nothing there but a little standing kiosk. Nothin’ fun for us early adopters.

Side note: One of the convention organizers said that the word “BEA” was one of the most Twittered words in the country that weekend. That’s kind of cool. And there were several digital-focused panels, including a couple on blogging and Twittering, which was interesting to see.

Despite the ups and downs of the recession, the show still seemed vibrant and alive. It felt a little less crowded than in previous years, but there were still a lot of publishers and interesting exhibitors. It’s a brightly lit Candyland of fun for people who love books. You can’t actually buy anything at Book Expo, but you can certainly plan some of things you’d like to see under the Christmas tree this year.

And, yes, a little reassurance that (despite the digital revolution) there are still people out there who plan to buy books. At least for a little while.

LINKS – NOT NECESSARILY ENDORSEMENTS

BEA Attendance Update…..

Thank God It’s Thursday: Book Expo ’09

Book Expo America 2009 – A Summary