Amazon has made it ridiculously easy to embed a book preview on your website. It’s now a one-two-three step process. Simply find the book on their site, click the “embed” link in the social media list, and add the provided HTML to your site (I can help with that). Read more on Amazon.
Somehow I must have missed the news… And in case you, my reader, did too, I’m sharing it!
Amazon is selling their 7-inch Kindle Fire for only $49.99 (and I’m betting it will be even less over Thanksgiving week). This price is astonishing… I don’t remember how much I paid for my first 7-inch Kindle, in an earlier generation than this one, but I think it was in the neighborhood of $200.
So now there are no excuses, all you authors-without-eReaders! Pick up a Kindle today and see your book the way it is supposed to look! 😉 At this price point, you won’t regret it.
Oyster, an eBook subscription service that allowed subscribers access to unlimited books for a low monthly fee, is set to close in the near future due to resistance from publishers, who figure it’s a money-losing proposition for them. They face additional competition from industry-giant Amazon’s Kindle Unlimited program. Read more at ft.com.
Citing the Wall Street Journal (which is behind a paywall), Jillian D’Onfro of Business Insider Australia points out that the declining eBook sales reported by big publishers are probably due to their high prices following their battle with Amazon, rather than a lack of interest on the part of eBook consumers, who expect lower prices. I have to agree with her—I think a lot longer before buying an eBook priced above seven dollars than I do before buying a $2.99 book, and that’s despite my being in the industry! I’d buy ten $2.99 eBooks without thinking twice about it, but a single $12.99 book gives me pause.
In a major win for Amazon, Apple lost its appeal in federal court over the anti-trust lawsuit. Apple conspired with big publishers to price-fix eBooks. Read more about it at latimes.com.
For those authors who choose to participate in Kindle Select, the payment arrangement is changing. Instead of paying based on the number of times a book is borrowed, they will now pay based on how many pages are read. Some say this means you should write longer books in order to earn more… But this doesn’t take into account reader interest—if a reader isn’t interested continuing to read a lengthy but boring book, she is likely to just return it and borrow a new one. So what this means, to me, is that you should write more interesting books which keep the reader engaged to the very end!
The below-linked article summarizes the report Consumer Attitudes Towards Ebook Reading and presents slightly different data than my clients have anecdotally reported for their sales (most say that their sales come almost exclusively from Amazon, with virtually (or literally!) no sales elsewhere). It gives Amazon (including both the website and the app) as the clear leader with 67% of the market share, followed by “all other sources” at 12.8%, Barnes & Noble at 11.8, and Apple (the iTunes bookstore) at 8.2%.
Amazon is apparently set to release the Kindle in China on June 7. The prices for the devices appear to be slightly higher than the at-cost price for which they are sold in the U.S.
In regard to the Apple price-fixing trial, Amazon is seeking to have sensitive information—including “potentially embarrassing” data related to profitability, pricing, and contract terms—redacted from evidence. This is rather interesting, as Amazon has never disclosed this information to the public before, so we are all kept in the dark regarding its actual profitability and market share. I’m split on whether I think they should be able to keep the information private—I really want to know, but they’re a private company, and as a business owner, I don’t think it’s really anyone’s business but their own.
It’s possible that there will be a color “regular” Kindle in the (near?) future, as Amazon has just purchased Liquavista, an e-ink company with color technology, from Samsung. As usual, Amazon is close-lipped about the details.