The path to e-book domination

This christmas will bring another wave of e-book readers, which means a larger market audience for e-book publishers.  If you’ve been paying attention, you might have noticed Amazon’s recent bid for power: the KDP Select scheme.  I’m not going to repeat the details involved as it’s covered pretty well in the blogs by American Editor and Publish your own ebooks, but for those who want a quick break-down:

1) Each prime member can rent 1 book per month from a list of participating books.

2) A large portion of this list will probably be filled with ‘Kindle Direct Publishing’ authors.

3) To participate, you are required to provide Amazon with exclusive e-book rights for a minimum term of 90 days.  This means you cannot sell it anywhere else.

4) There is a fixed pool of money (which is forecast to increase as the program develops) that will be split amongst the authors of ‘loaned books’.

5) A bonus of participating is access to some free promotional tools.

The discussion surrounding this move is whether the cost of exclusive rights outweighs the risk of effectively snubbing other retailers.  With the increased market share after this christmas do we really want to tie ourselves into Amazon?  The kindle has done wonders for e-books but it is not the only device that can read them.  I’m not saying to avoid the program, as it looks to be quite useful for the short-term, but I would limit the amount of books available to say one or two.  Why tie all of your books into a single retailer even if they are, for the moment, dominating sales?

 To finish on a lighter note, some positive news on e-books in the media this week:

Nature:  http://www.nature.com/nature/journal/v480/n7378/full/480451a.html?WT.ec_id=NATURE-20111222

 London Evening Standard: http://www.thisislondon.co.uk/lifestyle/article-24023163-talk-this-way—the-lexicon-for-2011.do*

*it actually appears above “K-pop, C-Pop and J-Pop” for some reason it’s not in bold in the online version

See also:

Re-evaluating the book market

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About indie e-books

http://indieebooks.co.uk is aimed at providing a common platform for indie writers and publishers to show-case their work. The content is kept limited to one (free) short story per author to give the reader an idea of the writing style and talent involved and to help forward them on to more substantial work.
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3 Responses to The path to e-book domination

  1. But its not just Amazon. Apple and 5 big publsihers are being investigated by the EU for ebook price fixing. These are all reasons why indies need better, more organised collaboration. Please take a look at my blog about this http://www.harryfreedmanbooks.com/blog/2011/12/08/the-big-boys-are-here-why-independent-publishers-need-to-collaborate/

    • Indie Ebooks says:

      I think collaboration is a good way forward and I’m rewriting the website at the moment to include a recommendation page for editors, cover designers etc. The indie authors are the driving force here, but a book will sell better (and get good recomendations) if it’s been published to a high standard.

      A great example of collaboration amongst indies (that I know of) is , which seems to have been edited amongst a circle of independant authors. The result? A book that reads really well and a sequel that I’ll be buying this christmas.

  2. Pingback: Start of a catfight? Amazon vs. Goodreads | Indie Ebooks

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