Saturday, May 14, 2011

Battle of the eBook Stores



Amazon eBook Sales Soar to $5 Billion Dollars in 2011 
It is no secret that the Amazon eBook store is the leading store on the internet! They currently have 4 authors who have toppled over 1 million ebooks sold and their business continues to do well. So well in fact that Caris & Co. have reported at an investors meeting that Amazon will see $5.42 billion in Kindle-generated revenue in 2011, and Caris analyst Sandeep Aggarwal predicts that figure will climb to at least $7.96 billion in 2012.
The revenue system Amazon has employed comes from a large wellspring of content totaling around 945,000 eBooks. This is a tremendous number and is increasing drastically on a month to month basis. In April 2011 almost 47,000 new eBooks were added to the system.
Amazon’s eBook catalog is not only publisher added entries but also incorporates user generated content via their independent submission program. The Amazon Digital Text Platform continues to be a highly successful revenue sharing system where authors can earn near 75% commission on the books sold.
In Aggarwal’s view, as the Kindle ecosystem expands, Kindle device users will not only continue buying more eBooks but also subscriptions, accessories, hardware warranties, and eventually use Kindle’s wireless and computing capabilities for other data and content consumption (e.g. pictures, music, videos, email, etc.).
Digital Comics Offerings Growing for Nook
While the iPad has been the most-talked about digital platform for comics, Barnes & Noble has recently expanded their comics offerings on their Nook eReader, and done so in a fairly unconventional way. While previous efforts to place comics on eReader platforms focused on converting the comics into the Kindle’s proprietary e-book format or into the open source ePub format favored by the rest of the commercial eReader devices, the Nook is now offering comics as apps. 

Barnes & Noble rolls out periodical support for Android tablets

Yesterday Barnes & Noble announced that a new version of the Nook for Android application was released with support for magazines and newspapers on Android tablets. This update works with 7 inch and larger tablets running Android 2.1 and higher and does not work on Android smartphones.
iPad owners already have support for magazines in the Nook and it is good to see support for Android tablet roll out as well.Barnes & Noble has more than 140 magazine and newspaper brands for Android tablet owners to choose from. The interactive Nook magazine experience, with ArticleView technology, was previously only available to Nook Color owners.

Using this capability you can view just the article’s text to make magazine reading an enjoyable and easy experience on a digital device. The Nook for iPad application does not yet support this ArticleView technology. 

What Separates The Kindle eBook Store From Their Competitors?

Almost any file can be converted to a Kindle-readable file, unlike other eReaders. What is really important is how available content is to you.With the Kindle eBook store you can download digital content on a Kindle, a Mac, a Windows Phone 7 device, a PC, any iOS powered device, any Android powered system and much more. The iBooks app is for iOS systems only, the Nook app is user-friendless, and the Amazon Kindle eBook app was far and away the easiest and the one with the most features.
The Kindle Store claims 850,000 books, the Nook 2,000,000, and the iStore a low of 200,000. The Nook has tons of books that were scanned in, and are almost totally unreadable. Besides, Nook has tons of free titles which are titles out of copyright that Kindle doesn’t count, but also has access to. And the Kindle Store experience is hands-down better, easier to use, and has tons of user driven extras. 

Digital sales could be 15% of total next year - Hudson


E-book sales could exceed 8% of trade publishers' sales in 2011, and could reach 15% next year, Random House UK's deputy chairman Ian Hudson told delegates at the World e-Reading Congress this morning (10th May).
Hudson also rejected headlines about the death of the app or enhanced e-book, arguing publishers needed to explore "the opportunities [rather] than sit back only to be flattened by the changes sweeping the industry".
He revealed that Random House's e-book sales in 2011 were outstripping 2010's by a factor of 10, but that growth wasn't uniform, with e-book sales of Kate Atkinson's Started Early, Took my Dog and Katie Fforde's A Perfect Proposal "a very creditable 9% and 10% respectively of total sales", while Jo Nesbo's The Leopard has seen e-books account for 35% of its overall sales.

Shift to digital will hit revenue, says Barnsley

Publishers are unlikely to be able to replace the revenues lost in the shift from print to e-books unless they can significantly grow volume sales, according to HarperCollins c.e.o. Victoria Barnsley.
In a keynote address this morning (10th May) to open a new conference, the World e-Reading Congress, held in London, Barnsley said she put the 7% drop in the retail value of paperback fiction so far this year "almost entirely" down to the sale of e-books, despite her belief that combined volume sales of print and e-books had probably increased.

"The signs are that consumers expect e-books to be priced considerably lower than physical books. There's no easier way to drive an e-book up the charts than by massive price reductions," she said. Whereas in a bricks and mortar environment other factors, like the look and feel of books and recommendations from booksellers, can influence choice, most of these factors are stripped away in an online environment, Barnsley argued. "So, not surprisingly, brand and price become the deciding factors."
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