Ebook sales online to top $1 Billion
Ebook sales online to top $1 Billion
If you have considered getting into publishing, maybe strongly consider online publishing, in the form of ebook creation.
Recent statistics show that sales of ebooks, or electronic books as they are offer referred, are quickly on the rise with around $996 million in sales by the end of 2010.
Considering only around 7% of online adults actually read ebooks, that's still huge, and the potential to grow.
If we think back not so long ago to the digital music revolution and how quickly it expanded, plus the fact that we already have major companies such as Apple and Amazon already creating the hardware to read ebooks on, the ebook revolution is set to boom.
People who own a Kindle , e-reader or an iPad already read around 60% of their books digitally, and that trend will continue as the devices become more affordable.
And when you think of the main advantages of ebooks vs print you can see why:
Most ebook readers have audio readers which allow the ebook to be read aloud. Perfect for those with poor eye sight
It's compact. Who wants to carry around a pile of books when you could fit your entire collection on one portable go-anywhere device?
It's better for the environment. think about how many trees were lopped to produce all all the Harry Potter novels!
Interactivity. Ebooks offer more interaction with the audience. For instance the ebook can have live links within the book, which link to video footage, commercial advertising, etc taking the reader on a real journey outside of the two dimensional text.
From the publishers point of view, the major advantage of ebooks is there is limited resources required for publication. Once the initial ebook is created and uploaded, the production costs are almost nil, making the ebook market much more profitable, while making them more affordable for purchase by the reader, and online you can reach a much wider audience much quicker as shipping time is reduced. All files are stored electronically and simply downloaded direct to the device.
Analysts are predicting the online electronic book market will exceed $3 billion in sales by 2015.
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