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I thought I'd share these as we've been talking a lot about the emergence of ebooks from a niche to a big sector in the market.
http://www.websitemagazine.com/cont...book-sales-triple-overtake-print-formats.aspx
The article also cites a prior piece:
http://www.websitemagazine.com/cont...2011/02/05/e-books-becoming-big-business.aspx
Yankee Group has a very good track record in their predictions when it comes to the growth and adoption of new technology.
This is of interest to businesses as well as writers, because ebooks allow for a lot of opportunities for marketing. I particularly liked the suggestion about publishing white papers and collections of blog postings as Kindle Singles.
http://www.websitemagazine.com/cont...book-sales-triple-overtake-print-formats.aspx
Trade publishing houses cite eBooks as generating fresh consumer interest in – and new revenue streams for – backlist titles,” the AAP (Association of American Publishers) reported. Backlist titles are books that have been in print for more than a year, and many publishers are reporting that eBook enthusiasts often buy an author’s full backlist after digitally consuming a new release.
This is uplifting news for authors, publishers and the book publishing industry as a whole, as well as for opportunistic online entrepreneurs.
The article also cites a prior piece:
http://www.websitemagazine.com/cont...2011/02/05/e-books-becoming-big-business.aspx
Research firm Yankee Group estimates that the U.S. e-book market will reach $2.7 billion in sales in 2013, up from just $313 million in 2009. That's good for a growth rate of 83 percent, above even paid mobile apps, at 72 percent.
Yankee Group has a very good track record in their predictions when it comes to the growth and adoption of new technology.
This is of interest to businesses as well as writers, because ebooks allow for a lot of opportunities for marketing. I particularly liked the suggestion about publishing white papers and collections of blog postings as Kindle Singles.
Expertise in any industry can be used to create an e-book in short order, then sell that material or use it as a promotional or cross-sell incentive. Amazon recently announced Kindle Singles - e-books in the range of 5,000-30,000 words. This could mean publishing white papers, how-to's or even re-packaging a series of blog posts around a particular topic as an e-book.