Tag Archives: publishing

eBooks overpriced? Well, they were just a moment ago…

Sony ebook readerIt seems like we’ve been talking a lot about ebooks in the last few months here at Futurismic, which is surely a sign of the times. The thing that’s been bothering me about ebooks for a while (and the principle reason I’ve not really started buying them myself as of yet) is that the pricing has seemed a little… unreasonable. [image by shimgray]

It’s not just me, it would appear. Yesterday, Kassia Krozser of Booksquare laid the boot into publishers trying to gouge the same price from their ebook customers as from their dead-tree buyers:

Let’s go through this one more time: ebooks are a new, different market. You, dear publishers, have been given that rarest of gifts: a new revenue stream (think: home video for the motion picture business). These books are not competition. While there are more than a few readers who would love the luxury of choice of format/style/device when it comes to purchasing and reading books (you’re reading one), the ebook customer is different than the print book customer. Even if your ebook sales are growing by leaps and bounds each quarter, they’re nowhere near the volume that print achieves.

You’re dealing with a different animal, and — wahoo! — you now have the opportunity to change how you do business. Let’s start with smarter pricing. No, let’s start with the idea that you, publishers, are not the only game in town.

Tough love indeed. However, hot on the heels of Ms Krozser’s screed (and far too close to have been a response to it, I might add) came an announcement at SF Signal: genre fiction publishers Orbit are now offering a different ebook from their backlist each month for just US$1.

Now, this is still far from ideal; it’s just a handful of titles in a handful of formats, and the inevitable and much-loathed DRM is involved. But it’s a start. I suspect as the tough times dig in over the next year, we’ll see the start of a race for the bottom in ebook pricing… especially in the genre scene, which seems to tend toward a more tech-savvy readership.

What will become the next non-monetary economy?

Chris “Long Tail” Anderson has an interesting guest post from Adam Gurri that discusses non-monetary economies, like the acting profession:

The thing about acting is that the labor force (actors) actually value the ability to do work in that field that they are willing to take on work for nothing and take on other jobs as a sort of cross-subsidy.  There is a sort of demand for employment in theater, which makes competition among actors so fierce as to actually drive down wages (at time of entry at least) to zero or near zero.

His argument continues that many content-creation jobs (like blogging about your profession, for example) have such low overheads that they’re cutting the feet out from under journalists, who were paid to have the time to research topics they probably didn’t know much about to start with. There’s still ‘room at the top’ for good writers with deep knowledge (whether they started as journalists or experts), but the old career path from copyboy upwards seems to be gone for good.

Whether you see that as a good thing or a bad thing probably depends on what sort of work you do, but I think we can all agree it’s happening. The question is – after journalism, what will be the next to fall? And might the flow of money be supplemented by some sort of reputational currency, like whuffie?

2009 – the year the physical bookstore lays down and dies?

bookstore signWe already know there’s trouble in the world of publishing, and according to the New York Times there’s just as much grief in the domain of the bricks-and-mortar bookstores… and it’s all the fault of us dedicated readers who buy second-hand novels online or swap between circles of friends, not to mention students cutting costs by picking up pre-owned titles that would normally swell the backlist sales figures. Is publishing having its Napster moment? Is this the beginning of the end? [image by jayniebell]

Well, as with all things, it depends who you ask. Mike Masnick at Techdirt suggests that the death of bookstores doesn’t have to be the death of books:

Past studies have shown that an active second hand market helps to boost the sales of new goods, because it makes those goods more valuable to folks who recognize they’ll be able to resell them on the second hand market later. That may not be helpful to physical bookstore retailers, but those retailers have to learn to adjust with the times as well. Obviously, just selling books is going to make less and less sense, but we’ve seen retailers that have worked hard to turn their stores into destinations, where there were good reasons to go and buy stuff, rather than just being a physical version of what you could get online.

It’s an interesting response – though I’d point out that it’s exactly that type of “destination” branding that has killed off the UK library service so effectively. But then again, libraries aren’t businesses in the same way as bookstores.

Where do you buy your books?

Latest ebook platform – the Nintendo DS

Nintendo DS with quill stylusLooks like it’s not only the iPhone alpha geeks who’ll be able to feed their reading jones with their favourite piece of portable tech; Nintendo have teamed up with publishers HarperCollins to provide a collection of classic books for reading on the little DS handheld games console. [image by catatronic]

While it’s interesting to see more of these partnerships emerging, this one looks to be half win and half fail. On the plus side, getting affordable reading content onto a low-priced device with good penetration into the youth market and no additional fees for regular usage (in other words, the complete opposite of the iPhone) is a brilliant move; that’s exactly the demographic space publishers need to colonise.

But bundling up crusty old classics like Jane Austen and Charles Dickens? Where’s the kid appeal there? Plus most of those titles are so cheaply available in book form it seems pointless charging for them in electronic form.

HarperCollins might have been wiser to initially push out YA, chick lit and graphic novels; I expect those DS users who read fiction would be more likely to part with some money for something a bit more modern than anything by the Brontë sisters or Shakespeare. No amount of marketing speak about “broadening the user base for the device” is going to convince me otherwise, either.

Book publishing implosion – how can you help?

If you follow almost any industry or author blogs at all, you’ll be aware that things are looking pretty bleak in the world of book publishing right now, with resignations and lay-offs and all the rest.

Although it’s probably fair to say he has a certain degree of bias, Scalzi has some sensible advice for those of you who’d like to help mitigate the situation – buy more books. Even if you don’t care about the state of the publishing industry, they’re an affordable gift for a hard-times holiday season.