Ebook Sales Decline While Independent Bookstores Are on the Rise | ObserverIt is fantastic that print publishing is seeing a resurgence, but why does it have to be at the expense of e-book publishing? Why are both formats not celebrated together? Surely every sale of a book should be celebrated, as should a general increase in reading on all formats. It seems that some publishers, particularly some of those working at the heads of the larger publishing houses are still eager to see e-books fail, and seem almost gleeful when they report that their e-book sales are stalling. It is time to stop looking down your nose at e-books and start looking to the future, because, like it or not, e-books are here to stay — just as much as paper books are. Though many of the major publishers have improved dramatically in the way they market and sell digital books, they are not comparing their sales with the sales of independent publishers and self-published authors, who are often much more proficient and successful at selling e-books. Unfortunately, we do not have full access to this sales data, as the majority of these smaller e-book publishers have not sent their sales data into Nielsen, and so are not included in the general analysis of the e-book market.
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Traditional Publishing Ebook Sales Dropped 10% In 2017
Since the first e-book platform launched in , e-book sales grew to comprise 20 percent of all book sales by To ensure the increasing popularity of e-books did not undermine the success of their printed counterparts, publishers frequently delayed the digital publication date for several weeks after the print edition has been released. However, new research in the INFORMS journal Management Science found that delaying the sale of the e-version of a new book does not lead to increased print sales, and can result in significantly fewer e-book sales once the digital version is made available. Over a 20 week period in , the researchers evaluated fiction and non-fiction books, 83 of which had both their digital either Kindle or Amazon and print versions published at the same time, and 99 of which had their print version published first, followed by the digital version released to Kindle and Amazon between one and eight weeks later. Among the books whose digital versions were delayed on Kindle, the researchers found a On Amazon, where consumers can typically purchase both printed and digital copies of books, the researchers found virtually no increase in the sale of printed volumes when the digital version was delayed. However, for books that experienced more prerelease "buzz" among Amazon and Kindle reviews, the study authors found that delaying the release had less of an effect on overall digital sales than for a book that had not experienced prerelease promotion.
Readers committed to physical books can give a sigh of relief, as new figures reveal that ebook sales are falling while sales of paper books are growing — and the shift is being driven by younger generations. It is the second year in a row that ebook sales have fallen, and only the second time that annual ebook sales have done so since industry bodies began monitoring sales a decade ago. The shift was attributed to the explosion in adult colouring books, as well as a year of high-profile fiction releases, including The Girl on the Train by Paula Hawkins and Go Set a Watchman by Harper Lee. The Nielsen survey contained another first: mobile phones and tablets overtook e-readers as the most common device used to read ebooks, with readers favouring multifunctional devices over dedicated e-reader brands such as Kindle and Nook. Bohme said ebooks sales would continue to decline in , barring a new development in e-reader technology. Topics Ebooks. Publishing E-readers Kindle Gadgets Young people news.
Americans are spreading their book consumption across several formats, and the use of audiobooks is on the rise. Roughly seven-in-ten U. Overall, Americans read an average mean of 12 books per year, while the typical median American has read four books in the past 12 months.
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Digital books were once heralded as being a replacement for print and everyone in the bookselling and publishing industry were scared. It looks like our love affair with ebooks is over, primarily due to stagnant sales and a resurgence of print. Independent bookstores are the places where you drop in for the latest paperback, listen to a reading from a favorite author or find a unique gift for a unique friend. According to the American Booksellers Association, its membership grew for the ninth year in a row in , with stores operating in more than 2, locations. Meanwhile, sales for ebooks are completely stagnant.
A few years ago, after four-plus decades of reading print books, and several years after Amazon launched the ebook revolution, I finally took the plunge and downloaded the Kindle app for my iPhone and started buying and reading ebooks. I quickly became hooked on the convenience of being able to pull my iPhone out of my pocket, purchase an ebook with the tap of my finger, and, within seconds, start reading it. My shift to ebooks helped me save real money--and not just from the much cheaper price of the ebook compared to the print edition. Buying ebooks instantly chops off the 50 percent surcharge that Amazon slaps on my credit card to cover the cost of shipping physical books thousands of miles from the US to Taiwan, where I live. But as much as I've come to enjoy the convenience of ebooks, and while I will continue to buy them, digital books just don't deliver the same sort of visual and tactile satisfaction I get from reading physical books. I don't think I'm alone in feeling this way, either, especially if you look at the shift in sales of ebooks versus print books.