Showing posts with label e-books. Show all posts
Showing posts with label e-books. Show all posts

06 May 2011

Opinions, experts, formats, ebooks, books and trying not to yawn

I know I haven't put up a post for ages.  That's because why read me when every man and his dog is now an expert on ebooks?!  Opinions about ebooks are everywhere - on the online news sites, industry web sites, e-newsletter services.  The twitterworld is full of ebook profiles and there are tweets-a-million about all things digital.  Whether it's on social networking or media sites, comments about ebooks are everywhere you look.  There is no other news in the publishing world anymore.  We've lost sight of so many things and I'm seriously wondering if we've forgotten what to say.  What else is happening out there?  Take away ebooks and digital strategies, there's a long pause.  Occasionally someone reverts back to metadata and bibliographic workflows.  Perhaps physical distribution.  Outsourcing maybe?  But where are news stories about service, responsiveness, account management, promotions, content, the people that make this industry (other than the usual suspects).  No, it's all ebooks, ebooks, ebooks.

You listen to a podcast or an interview with an author, and it's almost the headline after the story.  "Oh, and it's also available as an ebook."  Yippee!  Congratulations to you, dear author, and wow dear publisher, I'm so impressed!  Did you say it like that in the past - oh, and it's also available in trade paperback | audiobook | hardcover.  No, you didn't really focus on the format.  It was in the marketing blurb and in bibliographic databases.  But ebooks are so hip and happening now.  But to me, ebook is another format.  It's something to respond to consumer demand - give readers the "p" or the "e" - and encourage them to read.  Sales patterns will change over time and your business will refocus accordingly.   But let's make sure there's lots and bells and whistles now around it.  Let's put out media releases and in sales kits to our customers - also available as "e".  Yes people rejoice with me.  Just remember the story of the publisher who did that, proudly announced ebooks in their promotion and then struggled with all the library calls - having totally forgotten the library market, library ebook vendors, and library suppliers.  Ah yes, what works in the consumer space doesn't always work in the library space.  Does it Harper Collins?

Yes, you've read this far and I congratulate you.  I'm a jaded woman.  After eight years speaking digital and fluent "e" for the library market, I'm totally bored by all the stories and tidbits that I see about ebooks.  I almost yawn now.  Ebooks are finally in the consumer mindset but at the same time it's become boring for me.  All industry articles focus on either "e" or POD.  Yes, they've fascinated me for years but I'm over it.  I'm over ereading devices.  Every second person I know has a Kindle.  A freakin' Kindle of all things.  Another sale to the giant that is Amazon.  Why Kindle? I ask.  It's the only name they knew. And it's another gadget - one that they'll use a lot, download a heap of books for the device, but in two years time will they still be reading from it? 

Maybe that's the thing.  I've encouraged, supported and promoted all things "e" for the library market.  Great for reference products and scholarly books.  Having digital content in an academic library is a no-brainer.  And I've helped with content acquisition for our ebook partners in other channels.  Naturally I'm eagerly awaiting the Blio product from Baker & Taylor for the library market - and have been involved with Australian publishers on that too.  I think it's just the consumer space that's finally caught up.  But it didn't just catch up.  It's flooded the market.  It's all anyone in the industry wants to speak about.  There are publishers left, right and centre trying to be digital gurus and show leadership in the industry.  There's digital directors on board with the trade houses now but goodness sake, do these people know the ins and outs of all sales channels in the market.  Do they truly understand everything from bibliographic workflows through to selling a book.  Yes, there are a couple in the ANZ market that do - and they know who they are.  As to the rest of you, seriously....?  You've hopped on the ebook bandwagon and you are probably really good sales & marketing people but do you have detailed knowledge about what goes on in all the markets in which you operate.  Having worked with you all, I don't think you do.  YOU think you do.  But not all the pieces of the puzzle fit together.  We both know it.  So don't try and bluff me.

I think I'll just sit back and watch all those downloads, all those zillion articles, all that restructuring, repositioning for the digital world ahead, the names Amazon, Apple, Overdrive, Kobo and others mentioned to the point of adnauseum, and pop on the lounge with a trusty book to escape the same articles that are churned out every day.  Did I mention the format I'm reading these days?  After two years of my e-reader at a personal level (as opposed to professional) it's more than likely to = shock, horror = be a physical book.  The ereader gets a workout for holidays but the rest of the time it's rather dull, lifeless and boring.  Yes folks the great novelty has worn off.  (After costing me a small fortune in downloads and still dozens and dozens of unread books on the device) I'm now cuddled up with the old-fashioned thing.  Remember it?  The book.  No "e" in front. Ah, those were the days my friends, those were the days.

06 January 2011

Ebook vendors still have a lot to learn about their customers

Overseas media has been reporting on the "millions" of iPads, Kindles and other reading devices sold this Christmas.  I must admit, it was the first time in years of reading ebooks that family and friends started talking to me about getting an e-reader.  At work I'm asked every other day for my opinion on what device someone should buy, but it's such a personal choice.  I still use my old Sony ereader but I bought my partner the new Sony Touch and it's being used quite frequently thanks to the take-up of the device while we were on our extended holiday in Venice.


At a certain point, the physical books ran out and it was only a few clicks on a website to download some new and recent releases.  The interesting thing, it wasn't an ebook/online vendor that was chosen by my partner - it was the US publisher who sold the content directly from their website.  It didn't take long for the words "bookshops are going to die, aren't they" to be uttered as the transaction took place.  But here's where I disagree - albeit to a point.

Bookshops and libraries have such an important role to play for book lovers.  They recommend, they have the items on their shelves, you can browse and you are not reliant on metadata to make a purchasing decision.  There's nothing like picking up the book and flipping through it.  As always, the jacket grabs my eye first, the author's name, the title, the picture, and then I read the blurb.  I flip through it.  I've got an idea of whether or not it's my kind of book.

With ebooks we're reliant on the image and the metadata which can sometimes drive me up the wall.  Released this month often means "it's eight years old but like all publishers active in ebooks, we digitised it and released it as a new edition, technically it's available this month so we can say it's new, grab your attention, and you buy it, yeah lucky us, we get the sale and you get an older book.  Sorry did we say it was new?  Of course we did, it's new in "e"!" Yeah, thanks publishers.  As you know from this post in April 2010 - I don't appreciate this.  Publishers please put it somewhere in your ebook data the book you are saying is "NEW" is in fact new as an ebook and it was originally published in year x.  We don't want dishonesty in our transactions with you and if you want us to engage in reading and support of an author, do the right thing, and put the right information in the metadata. 

Speaking of which, I'm now officially jaded with the ebook vendors I choose to buy from.  And this is where Amazon could teach them a million lessons.  Just because I buy ebooks, doesn't mean your weekly or monthly "new releases" email should be so general it's almost unappealing.  Haven't you noticed the sorts of books I read?  Build up a profile on me as your customer and start targetting "new" releases better.  Apple does it brilliantly.  I can't begin to tell you how many songs on iTunes I've downloaded because of their recommendation - whether it's on purchasing information from their other customers or it's on the Genius programming.  It's A LOT.  And I've enjoyed being introduced to new bands along the way. Of course the difference is it's a 3-4 minute entertainment experience whereas a book can be weeks, but the point needs to be made.

Ebook vendors should be noting that I purchase historical fiction.  Let's nut this down a bit more.  I read historical fiction set from the Plantagenets through to the Tudors.  I read authors who write about Venice between the 15th and 19th centuries.  I read most books set in medieval and Renaissance Italy, particularly Tuscany.  I read fictionalised accounts of lives of artists, poets and writers.  And when the mood takes me, I like to escape to Ancient Greece, Rome or Egypt.  So with all the technology you have available, do I want to know about new ebook releases from Jack Higgins and Colm Toibin representing action and mystery?  Hello.  You've lost me.  And no, while there may be romance in the historical fiction I'm reading, that doesn't mean I want every Harlequin release.  And no, putting them in a bundle, won't entice me either. I do not want the traditional romance genre. And yes, when you send a "Focus on New Historical Fiction" ebooks, that was fine.  But did you need to add all the historical romance books too?  Ebook vendors have A LOT TO LEARN about consumer reading behaviour.  A new ebook release is just that.  But for goodness sake, match it to the reader.  It's what booksellers do.



Dialogue with bookseller.  So Rachael, how did you like the last Sarah Dunant book?  Didn't really work for you?  That's a shame.  Have you read anything by Marina Fiorato.  She's got a new book out "The Botticelli Secret".  I'm sure it's right up your alley.  In this particular case, I've already got the print book, because yes I do like reading Marina Fiorato and I enjoy having some books in print to share with families and friends who may be interested.  Of course, I could have bought the ebook.  Afterall, it's Allen & Unwin who has published the title here - a publisher I admire and respect because they lead the way, particularly in "e" - and their website links me to their ebook vendors.  If one of the ebook vendors had just thought to alert me to the release of the ebook, I may have considered it.  But no, I'm happy to have the print in this case ... BUT as a consumer I would have liked the choice and with so many books published every month, someone needs to help me navigate that.  Getting on ebook portals and trying to search for something I'd like to read can be a real drain at times.  Their searching abilities are poor.  The metadata average.  They don't understand the consumer. 

The hard part is, there's a MASSIVE wave of consumers now jumping on the ebook bandwagon here in Australia.  They have their devices but they haven't really thought about acquiring content for them (the new Sony for example didn't even reference the Sony library because it's only in the UK & US!) Yes, consumers know about getting the public domain classics for free and there will be a zillion downloads for these.  For a while they will experiment with ebook portals and click, click, click.  But what are they reading and how can their purchases be influenced?  Amazon and Apple know how to do it.  It's time for the other ebook vendors to lift their game.  And for publishers to support them with accurate metadata that educates the consumer, encourages a purchase, and more importantly another one in the future.

03 November 2010

The uproar over ebook prices

Much has been said about ebook pricing, particularly in recent times as Amazon is forced to move to agency pricing.  And haven't their customers revolted!  Not surprisingly - we've all been getting books at ridiculous prices.  Why would we buy hardcovers or paperbacks when they are several times the price of the ebook.  Fine, if you are like me and you want the printed work as the PREMIUM product, something to share, something to keep, something to treasure - and not a digital file!  But the US 9.99 price point did create demand.  Amazing demand.  Even at 11.99, 12.99, 14.99 the price points are still good.  Where is the balance? 



I must say ebook pricing is getting ridiculous.  The US Sony Store has Tony Blair's My Journey still available for US 9.99.  What is absolutely ridiculous however is local pricing.  Local site Readwithoutpaper.com has the book for $35.58 - that's what the local distributor has set the price at.  AU $35.58.  On the Random House Australia website the Hardback is $59.95.  The ebook is also $59.95.  Sorry guys, you know I love you but where do you think I ordered the book from?  (Yes I know, I usually order from work at staff rates but when it comes to ebooks it's a different kettle of fish).

To make matters even more confusing, ebook vendors aren't familiar with how bibliographic data works.  For all of us in the booktrade, we've had to sigh, heave, yell, scream, moan and groan over what the metadata looks like.  We've worked through 100s editions and versions of the Harry Potters and Dan Browns of this world.  It is confusing.  It's awful.  And now you're yet another victim of it.  On today's Sony newsletter I saw a book entitled Cleopatra.  For those of you that know me, I have several grand loves.  Tudor History, War of the Roses, lives of famous poets and painters, and Ancient History - particularly Egyptian.  The first thing I do is link on the title and what happens when I get into the Sony Reader Store - two different prices for the same bloody ebook. It's an EBOOK people - it's not a hardcover or a paperback.  There should be one price UNLESS the book specifically mentions an enhanced edition.  And on old Sony readers, an enhanced edition doesn't do anything.  It's an electronic reader only. 


This is just going to get worse folks.  It's bad enough having "e" and "p" prices all over the place, locally and internationally.  More mature ebook markets like the US doing crazy things, the UK market having a play, and then us not wanting to cannibilise print in any way.  it's going to happen.  The consumer will decide how they want to read.  We've seen it in the library market for years.  Library budgets for print massively cut back so they can purchase more ebooks, online databases and journals.  We've HAD to work with ebook vendors to survive.  And it does come with a cost.  Economically you operate with different margins - or not at all.


When will publishers start looking at price points, look at the readers, look at the business models, and find something that helps SELL the work - regardless of format.  Give the reader what they want - at a price suitable for the product offered.  Or lose the sale.

In industry alerts today there was an upcry when Amazon started listing the publishers ebook prices in the UK.  "Increase in piracy" "people will go elsewhere" "ban the agency publishers".  The peasants are revolting folks.  But publishers, you've only got yourselves to blame.  You got out the content to the market, played with the big boys, let them build up the demand (and where demand had never gone before!) at a price point soo unbelievable it became mainstream, then said sorry and clawed it all back. 

Personally I think the price points are way too high locally - but that goes for the printed product too.  I've been in this industry a long time and I've seen the picture from all sides.  But price it better and sell more.  Be prepared to play, be prepared to give up margin, but don't lose the sale.  Don't become irrelevant.  Adapt or die.

Oh, and try not to piss off the customer.  In the digital world, they have more power than you know.

22 September 2010

A fascinating ebook recipe: lessons for the industry as a whole

Every day I trawl the websites and feeds for ebook information and updates.  I've been doing this for a couple of years now so it's pretty much part of my daily process.  Even though Kindle, iPad, Blio, Kobo weren't the subject (goodness the iPad wasn't even released!),  the concept of digitising content, the role of digital aggregators, the possible cannibilisation of print, the future of the book etc etc etc were all there.  Much of the message has remained the same however information flow has intensified.  It's everywhere!  The book is dead.  The book is not dead.  Ebook this.  Ebook that.  This ebook vendor is doing this.  This publisher is doing that.  War.  Peace.  Mediation.  Control.  Loss of control.  Concern.  Interest.  Development.  Future.  You turn your head one way, then you are tossed upside down the next day, and left shaking your head the next.  Everything can change so quickly.  It can be hard to keep up (yes even me!)

Sales stats are coming through, new players are in the market, sales patterns are changing.  Everyone is now at least talking "e".  It's no longer just a game they play in libraries.  It's something the general reader is part of and that means everyone in the book chain has their role to play.  We're all learning, we are educating each other.  But what about those with blinkers on?

I laughed myself stupid when I read this post on the FutureBook site today - because as much as I absorb everything "e", there's so much in this post that is true.  Gareth Cuddy has nailed it in many ways.  For all the progress, the training, the sharing of information, the digitisation that has been going around us, there's still a black hole.

I loved the way he approached the article: "Recipe taken from the Publishing Almanac 2010; Take a handful of wistful nostalgia and mix with a pinch of regret. Work in a fistful of stubbornness - being careful not to look at the actual mixture. Sprinkle uncertainty and doubt on top. Place in financial constraints and pop it in the oven pre-heated to miltonian temperatures. Close your eyes, wait an indefinite amount of time and hope for the best. When ready, the strategy cake should have a firm but uncertain texture accompanied by that new book smell."

Straight away, I could picture the publisher.  I work with many of them day in, day out.  As I read the article, I had multiple flashbacks to meetings with the "die-hards".  Those with blinkers on..

We can't stop this industry from changing.  We live in a digital age.  Students of today are nothing like the students of yesterday.  Reading patterns have changed.  The web changed our life and our expectations.  Consumer demand drives organisations yet many publishers still ignore their customers.  At their peril.

I'm with Gareth: Open up to change and your authors and readers will embrace it. It is the changes you make now both in practice and philosophy that will determine the future of the industry we all love.

Time to act now people.  Give the consumer, the reader, the customer what they want.   It doesn't have to be all about the ebook but over time we'll see those sales patterns changing and the traditional business model for a publisher - bookseller, library supplier, wholesaler - moving with it.  We all have a role to play in the supply chain.  We need to be smart about it.  And we need to change the recipe.  Now.

15 September 2010

Pricing ebooks in the Australian market: what's going on?

As you know, I spend a lot of time talking "e" - trends, devices, digital content, retail, library and wholesale models - but what I'm really having problems with in the local market is PRICING.  Professional seminars often encourage publishers to set the ebook price as the same as the cheapest print edition.  So if the first edition is the trade paperback at $32.95, the ebook is the same.  When the mass market paperback comes out at say $18.95, lo and behold the ebook price comes down too.  Some publishers have said they are bucking this trend and all ebooks will be cheaper - at least 10%.  I even hear reports that the ebook will dearer.  And others that say the $9.99 price point cracked it so that's what they are looking at. 

I remember when we first launched Etitle in 2002 and an academic publisher wanted to get involved but they wanted to set premium prices for the texts they placed.  Their model was the price of the book plus $40.00.  The next publisher was the price of their book plus 10% minus our trading terms.  The next publisher came in at different trading terms altogether.  Nothing was easy.  And that was THEN!  It hasn't improved because each publisher has a different philosophy and a different mindset about the ebook market.  Educational publishers look at it one way, reference and professional publishers another.  If a publisher primarily released works for library consumption, it was easier to manage the transition (she says with hindsight).  They had to provide both formats and give the libraries what they wanted or no sale. 

Now I have no problem with an academic or reference book being the same price as the print.  There is a lot of development work and the content has educational value.   They are also higher priced items and they usually have a three year minimum lifespan. I have issues when publishers price their site licenses out of the market and then wonder why sales drop but that's a discussion for another day...

I fully support publishers charging more for enhanced e-books.  If the product has more bells and whistles than a standard ebook (and by default the printed book), then the publisher has produced a superior product.  Why should they not recover the costs of multimedia elements - videos, quizzes, links to webs etc.? That sounds perfectly reasonable to me both professionally and privately.  Publishers will need to get their pricing right between a normal ebook and an enhanced one, although I'm getting ahead of myself.  A lot of Australian publishers are still working on a "normal" ebook.  I'll do a Ramble on enhanced books in the future..

Back to pricing.  If we take higher priced scholarly, reference and academic works out of the equation, we are left with trade titles.  As a consumer what has encouraged me to buy more books (as you know from my last post that doesn't always translate into "read more books"!) is the price point.  A price point of US$9.99 to $12.99 for a trade title is a trigger point. If the book sounds interesting and it's a genre I like, there's usually not a lot of time between reading the blurb and pressing the "buy now" or "download now" button.  This works really well for authors I don't know.  It also works for authors who set their work in a place and time I love e.g. Florence in the 16th Century but I may find the author a little dull (Sarah Dunant comes to mind).  At that ebook price point (anywhere under A$15.00) I'll still buy their works and read them, but I don't want to keep the book.  It's a read now and throw away item (not that you necessarily do that on an e-reader but you take my point)  I believe my price point threshold is A$15.00.  Price it under that, make it easy to buy, and voila,  it's a sale the publisher wouldn't have had before and one they wouldn't have had in print at the $32.99+ price point. 

And as for award-winning, highly regarded books - like Markus Zusak's The Book Thief - I will pay up to AUD $20.00 to read the ebook.  However this is where the trend changes.  In my case the publisher benefited TWICE - they got the "e" first and then the "p".  Why?  Because I wanted to read the other anytime and not have to worry about battery life or where my e-reader was at that precise moment in time.  It's on the shelf.  I grab it. I may want to share it.  Recommend it.  Read it again (it's an extraordinary book).  Somewhere down the line additional sales result - they've got the "e", "p" and hopefully sales from friends who realise what an incredible work it is.

We are already confused with setting the "retail" price of the book.  Wholesaler discounts are another kettle of fish altogether.  I had a discussion only recently with a publisher who couldn't fathom giving anything more than 40% to a wholesaler of ebooks.  Last time I checked, said publisher was offering upwards of 47.5% discount to the chains and grappling with massive returns.  (Alas my Ramble is not on the broader book trade here in Australia otherwise this would really open another can of worms!). 

Your e-book sale is firm sale.  Is it not?  I haven't yet heard of someone wanting to return an e-book.  And yes, our supply chain for ebooks is a long way from being organised and stable.  When it comes to selling ebooks to consumers or via a wholesaler like Kobo or Baker & Taylor for their fabulous Blio product *, there are a lot of costs in the supply chain that need to be factored in.  Technology is not cheap, security is a major issue.  At the Digital Symposium one publisher leaned over to me and said "did you hear what I just heard?  No one is making any money out of ebooks. We're all investing though."

Yes, but sell your content at the right price.  Encourage purchases don't divert them elsewhere.  Get your ebook rights.  Get the supply chain happening and work with those people who know what they are doing.  You can't afford not to. 

Then again, after reading PubDate Critical recently we may all have second thoughts about this digital revolution?  Or that publisher at the Digital Symposium was right.  We're not making money out of it.  Everyone in the trade is going through this.  We've seen the shift to "e" in library supply.  And how do we make it work?  We are incredibly focused on our customer.  At the end of the day, without them we don't exist.

Peter said it beautifully: The central tenet is to be aggressively and remorselessly customer-centric. That is hard for any business, for any industry, but it is the only way to break through into the future.

Just remember there are customers at every step of the supply chain.  And get your pricing right.




* I should add I work for a B&T company and I love the Blio product :)

23 August 2010

The ebook experience: one woman’s perspective

How should one interpret ebook sales figures? We're always hearing about growth, growth and growth. Devices are here, there and everywhere. No device? No problem! Here's the software for you, freely available. Go forth and prosper. Yes, we’ve known for years that anyone who has Adobe Reader can read an "ebook". There's also Adobe Digital Editions and in a galaxy not too far away there's Blio. Within ebook library portals you've got the reader that works best for that ebook vendor. Yada Yada. Basically there’s an ebook vendor, reader, system in every corner.

But let us take all of the technology out of the equation. And the library model too. You want to read an ebook. Good for you! You've worked out where you are going to source your titles from, how you're going to read them (yes, I’m speaking about devices not eyes for those of you being smarty pants), but did you ever think about how your buying behaviour was being analysed? Hmmm, ebook sales are growing but are we really surprised?

This blog documents my ebook experience from day one. Not the library portal, industry work I do everyday in my job, but personal reading experiences. Ah yes, I fondly remember loading Adobe Digital Editions and working out ways to download the Sony platform (tricky when it is programmed not to recognise Australia). But we worked it out. The Sony e-reader was sent from the US, other e-readers came my way to assess them for both professional and personal use. It seems like a lifetime ago but it’s only 15 months ago.

This whole blog was about me trying to understand the consumer experience of ebooks. Of course it developed over the time to ebooks in general and my professional experience, but let’s take ourselves back to the beginning of the blog when bestseller lists for ebooks spoke only of Stephenie Meyer. All I knew about her was bestseller, teenage fiction. Should be an easy read, I thought. So Twilight it was. Ah, my first ebook purchase. I remember it fondly. I read on a computer within a few days. It was cheap. It was easy. Click. Download. Read. Next book. Same thing. E-reader arrived. Two more books, click, click, tick, tick. Now, all opinions on my reading tastes aside, I was amazed at how easy it was to read the ebooks. I read both on the laptop and on a device.

I read several ebooks in quick succession. I was eager. I wanted more. I was like a newborn vampire. I needed to feed! So I found myself downloading from every possible site. I used publisher sites, library sites, Gutenberg, Sony. If I saw the words free e-book, I signed up. If I saw e-book bundles or $1.00 books, click click, purchase. I couldn’t help myself.

GOODNESS when I think of what I've done, I just shake my head. Did I ever think about how those purchases would track in figures? No, I just wanted lots of books on my device to read whenever I wanted! So I got to the point of having dozens of physical books in the "to read" pile and dozens more of e-books on the list. Over time I’ve deleted books from the platforms and the Sony e-reader itself but thought I’d take a close look at what’s currently in my Sony portal. Ah yes, my purchases. What have I acquired, predominantly at the US$9.99 or slightly higher price? More importantly what have I actually read?

It didn’t take long to tally up the figures. I read 50% of what I purchased.  Was I surprised? No, not really. I now realise the books I’m buying in ebook format are those I don’t wish to keep. They are to read and discard. The books I love I still purchase in print. I can read them in anywhere I go. There aren’t restrictions like the weather, water, aircraft nuances. I can share them with friends. Granted they are much heavier, but the authors or genres I know I’ll love, I read in print. The ones I'm a little more uncertain about, I purchase in “e”.  The other interesting point, books I love in print, I also acquired in “e”, usually free.  The classics like Wuthering Heights or Pride and Prejudice.  That way I can take them with me everywhere.

But what have I actually read? Unfortunately only half of it.  It was too easy to acquire but unfortunately not to read.  Will I continue to purchase ebooks?  Darn right I will!  I'm just going to be more careful with the "buy now" button and watch those free ebook offers more closely... 

30 June 2010

Exactly how is this supposed to work?

In an ever-increasing e-world, what is the role of publisher, distributor, sales agent - when everyone wants a piece of the sale. When you talk to publishers, the industry advice is don't buy the print book without guaranteeing the ebook rights. But Australia's supply chain for ebooks still has a long way to go. We've of course got the ebook vendors - EBL, Ebrary etc - with established distribution models for libraries. And in the case of EBL, Ebooks Corporation provides a wide range of services to publishers as well as fulfilment to individuals wishing to purchase titles. You've got readwithoutpaper.com which is powered by OverDrive, Kobo is making inroads with their exclusive deal to The Red Group, and we've got Blio coming in the months ahead from Baker & Taylor.

At the end of the day, however, the publisher still has to work with multiple vendors to get the digital content out there. So what happens with existing distribution agreements? Traditionally they wouldn't have included any ebook component. It's a physical book, going in and out of a warehouse. Widgets in. Widgets out. But if a press uses a distributor here for their traditional book, and then by-passes them by providing content to the Kobo's, the Blio's, the OverDrive's of this world, what role does the distributor have? Are contracts being updated to get a piece of the ebook pie. Afterall, in many circumstances the distributor or sales agent has done the pre-publication work, the reps have sold into the bricks and mortar stores, there's been marketing, advertising, promotions, publicity. All for the physical book. At the distributor's cost. So if the sale comes through readwithoutpaper, how is the commission or sales percentage being paid to the distributor?

It's a very different scenario if you are a first tier publisher, a local subsidiary, to being a second and third tier distributor. In the case of the latter, your contact in the traditional book supply chain is with the Sales Director, the Operations staff, Service people, marketing people, editorial. Authors. Everyone who's job it is to get the information to you and then the printed book in a timely manner.

But when the publisher or originating source has a Digital Director who's job is to put content in and out of platforms, they don't always have the full picture. They are tasked with the job of ensuring the content goes to as many sources as the company designates are appropriate. I'm assuming they are focusing on just the big guys and it's still a relatively small group. But what's going to happen when it explodes? Will there always be a dozen or so players in the market that has the ebook supply chain sewn up or will every man and his dog get into the act.

At least with book distribution, the supply chain is not very complicated. When you start putting more and more into the ebook mix, the distributor (who has the exclusive rights to all materials published) is not always at the front of their mind. Remember I'm thinking about the second and third tiers here.

What is the model that is working for people? Do the traditional book distributors eventually become just a sales & marketing office for the publishers they represent? Surely when you are speaking "e" that's not going to keep people in business. Everyone wants a cut, and it's the ebook vendors that get the larger slice. If local operators were solely working off a percentage of a percentage, surely that's not a sustainable model. I guess we don't know what percentage will go from p to e - and how soon that will be. And I'm talking the general reader here, not the student. The student expects "e". The library is "e-preferred". And what will happen when the patron driven model in libraries really takes off? What effect will that have on publishers and ebook sales? I'm all for getting collections right and managing budgets, but publishers will want more.

But back to the ebook mix. The existing print distributors want a slice. Ebook Vendors want a bigger slice. Publishers want their mix. And let's not forget the author who created the work. Exactly how profitable do we expect this supply chain to be? A new business model is emerging.

I welcome comments here on the blog as to how this is all working in reality.

22 June 2010

Where are all these e-readers?


OK I'm signed up to dozens and dozens of online newsletters, websites, and read more magazines and industry announcements than I can keep track off. If you believe everything you read, the future is e, the printed book is dead. If it's not dead, it's for special purposes, a gift, a keepsake, a premium product. Don't get me wrong, I quite like the idea of the book being a premium product. I also like that train of thought that says "want a printed book? go to the library!" of course with libraries also offering ebooks, it gives the reader the choice of format. Some publishers have already spoken to me about e being another format not a competing product i.e. you have the hardcover, the paperback, the e. It's so readers can have whatever they want to read in the format they want it in. Now I've subscribed to that theory for years - give the reader what they want. But where are all these e-readers?

Apparently there's zillions in the world now. OK I exaggerate but here I am in New York and for days I've been scouting around for people reading on devices. I've seen the printed book but no Nook (except advertised outside a Barnes & Noble store), no iPad (except in the Apple and tech stores), no Kindle (except for advertising on a subway and even that was for "e-reading accessories"). I've been in airports, on planes, on the subway and in this city of how many million people, not one person has been reading on an e-device. I strolled around parks, university areas (NYU), in and out of cafes, restaurants. Not one e-reading device have I seen. Am I blind? This is starting to get disturbing unless everyone just reads from them at home. Have seen plenty of books but nothing electronic yet.

I have another week in the US and that will include the American Library Association's conference and exhibition in Washington DC. Hopefully I will see a few e-readers around. I thought by now I'd have least seen the iPads around town. But zilch, nothing, na-da.

I'm on the hunt for those e-readers people. At least those that take them out in public. Will keep you in the loop as to what I uncover.

Signing off from the city that has a population of some 19,541,453 (thanks Google) but no e-reader yet seen.

14 April 2010

The ebook reading experience, Apple, Kindle et al


I must say I'm enjoying reading all the reviews of the iPad since its U.S. debut on April 3rd. One of the reviews I liked the most was from the LA Times where they spoke about differences between the Kindle (being the market leader) and the Apple ipad (the choice of the next generation) in terms of the book reading experience.

While it might not be on the top of the lists for some people, personally I was really glad to hear about the traditional page designation, that you could view two pages across the screen (if it was your preference), and that Apple has a grasp on what it's like to turn a page. The process of selecting a book, reading it and turning to the next page is part of the established reading experience. At least those of us of a certain age! As those of you who have followed this blog since the early days - particularly my friends and industry colleagues on Facebook (where I have it linked) - you may remember I wasn't a fan of the delay between pages on e-readers, the screen going black or the words fading out and then replaced by new ones. You were conscious you were reading something electronic, something that was processing data, something different…

E-readers also display the number of pages left – which of course vary depending on what font size you were reading with in the first place! The Sony PRS 700 displays the data as your current page number of the total page count. Amazon's Kindle does a percentage bar. To the reviewer in the LA Times, this was “data” but I don’t necessarily agree. You want to know how you are going whether it’s number of pages or percentage read.

Yes it can sometimes be discouraging when reading books like “Pillars of the Earth” – some 1,000 pages in its printed form and much more in its electronic! Luckily I was caught up in Ken Follett’s story otherwise I would have groaned at the thought of another 1,000 pages to go. However I must admit there has been the odd book where I’ve noted what page I’m up to, the number of pages in the ebook, and thought “how am I going to make it!?”. Then again that’s no different to the physical book. But I’m more prone to flip the pages of the printed book and glance across the text to see if I want to continue with it. I’m not particularly good at doing that on the e-reader because I have such concerns about losing my page. I’ve done it countless times. While it remembers where you end off each time – starting up exactly on that page when you switch the device back on - when you start going backwards and forwards through the text it starts to get really annoying if you didn't note where you started. I’ve had to search for text to find my original location - otherwise it could be hundreds of page turns to get back to where I was.

Anyway, I’m rambling.Back to the subject at hand.

Another item that is consistently mentioned with e-readers is the glare. Apparently one of the strengths of the Kindle is its non reflective screen. I don't have a Kindle (never liked the look of it myself) and I don't like the "clunkiness" of some e-readers like the ECO/Hanlin. The touch screen of my Sony is fine (was relatively unique at the time of purchase) but the glare from lights is dreadful.

In comparison to the multi-functional iPad, regardless of glare, touch-screen, weight etc all e-readers on the market have now paled in comparison. They are the beta model. They look boring, dull, and grey. I looked at the e-reader yesterday and the shine had gone. It looked like something that was going to end up in the rubbish heap.

Interesting to read Mike Shatzkin's comments on the iPad, particularly the weight of the device and the whole process of search & discoverability within the various ebook portals. iBook has a long way to go with content and with their data management. Finding what you want to read is half the battle and I can perfectly understand where Laura Dawson comes from every time she mentions metadata. Ebook vendors neeed to understand the reading experience and what a reader is looking for. Help us find what we like! I beg you. In the meantime, Mike doesn't believe the iPad won't put all other e-readers out of business. He believes it will help grow the market but "the makers of lighter and cheaper e-ink devices don’t have to leave the field just yet." Will be interesting to see how it all pans out for those readers of ebooks, their chosen device and the reading experience they prefer.

01 April 2010

The impact of the agency model


Much has been said about Apple's agency model and the impact on ebook pricing. Look at what happened with the Macmillan/Amazon clash a few weeks ago. Macmillan wanted to change it's trading terms with it's largest customer and move towards the so called "agency model" for ebooks. The feud between supplier and customer received an amazing amount of publicity in general, trade and business media. I read much for and against each party in the altercation. Both sides had their supporters. There were Amazon loyalists (and by God they are a loyal bunch!) And there was the publishing and bookselling community who was glad to see someone taking back some of the power they shouldn't have given away to their largest customer in the first place. Granted, ebooks wouldn't be where they are today without Amazon firing up the Kindle. And I shouldn't really think of them as a customer. They play so many roles that my head spins with what Amazon controls - afterall, they are the supply chain leader, printer, publisher, ebook influencer, visionary. I could ramble on but today's blog is actually sharing the letter that Sony e-reader customers received today:


Dear Reader Store Customer,

The publishing industry is turning a page and so are we.

Beginning April 1st some major publishers will be instituting a change in the pricing of eBooks, which puts decisions on eBook pricing firmly in their hands. As a result, prices of bestsellers and new releases from these publishers will be changing on the Reader Store, and during the transition time, some titles may be unavailable. Although most of these eBooks will be priced from about $12.99 to 14.99, there will not be a broad pricing change across the Reader Store. In fact, new releases and bestsellers from other publishers will still be priced at $9.99.

Starting a new chapter can be a good thing. With this change, you may see more of your favorite books available in eBook format at the same time they’re released in print. Book lovers like you are driving a revolution in digital reading and the Reader Store is committed to providing you access to the widest selection of digital reading content. Since its inception in September 2006, Sony’s Reader Store has introduced a wide offering of new releases, bestselling eBook titles and newspapers. Today it features access to more than one million titles and links to borrow eBooks from local libraries nationwide.



Must say, loved the reference to "turning a page"!!!

Will be interesting to see if there is a backlash. I don't think there will be one although the $9.99 price point has been a brilliant introduction to ebooks. Now we're reading them, I doubt a few more dollars will make any difference whatsoever. Your thoughts?

17 March 2010

Where do you think Apple will go with the iPad?

Is it just me or is most of what is being discussed in the digital media world with regards to ebooks purely centred around the iPad? Is there any other device in recent times that has attracted such attention, focus, debate or interest?

Today I read on ChangeWave all the stats from a survey of over 3,000 consumers that shows a huge wave of demand for the iPad. I'm sure we didn't need a survey to know that - I've mentioned the quote from last year's Frankfurt Book Fair's Supply Chain Meeting again and again on this blog ("it will be Apple, it will be cool, and everyone will want one").

It's not surprising to read Amazon, Sony, Barnes & Noble will all take a hit when Apple launches. That's because they went for a device that was predominantly an e-reader with wi-fi (or without for some of the Sony's on the market). The bells and whistles options haven't been great - music for some, notes for others, nothing that really stands out. Which is what Apple has done. They've created something more. Apple has the convergence of technology we've been waiting for. Of course there will be many lookielikies in the coming months. Everyone will want a piece of the ebook pie.

According to the survey, the belief is the iPad will capture an astonishing 40% of the e-reader market in the first 90 days after its launch. The survey further showed demand will continue to strengthen (it will be cool remember!) and once iBook is launched it will further enhance the offering, however from what I can gather Apple will be using the publishers epub files. That means if you receive epub files from your ebook vendor (or directly from the publisher) you don't need to buy from the iBook store. So in my mind iBook has to offer something more. The full multimedia offering.

The other concern relates to cost - if you can buy your $9.99 epub ebooks from Sony (who matched Amazon's pricing strategy for their lead titles), why would you buy from iBook at a higher price? The Apple agency model has been commented on by industry leaders and insiders for some time. With a 30% cut (assuming the information is correct), Apple might not be able to compete on price unless of course they go the loss-leader route like everyone else.

I'm not privy to digital rights or pricing information but I imagine the last thing Apple will want is readers buying books from other ebook vendors and reading them on the iPad. It defeats the purpose of the iBook.

Then again, I buy all of my digital music from iTunes because it's there and it's at the right price point - I don't need the whole album, I choose the songs I want, and I try out ones I don't really know but has been recommended to me based on a purchase or the Genius app. I listen to music all the time and wish the iPod I got for my birthday a few years back had a lot more memory (it only holds 1600 songs and I have thousands more that aren't coming across to the device). Music and reading are very different pursuits and take up different amounts of time. I go via iTunes because it's what I've done from the start. I didn't know any better and I've been a loyal customer from the beginning. Of course everyone wondered why I was buying music solely from iTunes ("buying" is the verb I'd like to emphasise here. One colleague wondered if I was the only person they knew that actually paid for music but that's a different discussion altogether!). So I linked into iTunes, I love the iPod, and I continue to search the site for new experiences. But with an iPad I already know the ebook vendors, I've purchased from several of them, I know their offering. Would I be loyal to iBook from the beginning if they don't match on price? We have the US$9.99 mentality. It will be interesting to see where Apple goes with their pricing and their digital rights strategies.

And of course Australian publishers won't want to go down that path at all. Their pricing policies have strongly centred around the cheapest print edition. But the consumer expectations for ebooks does centre around price. What will Apple do in this marketplace to meet consumer expectations set by their competitors? And how will publishers respond?

On another matter altogether, I loved reading today on Teleread about Apple iPad accessories and a wishlist. Apparently Jeff Bezos of Amazon reads his Kindle in the bath by sealing the device inside a special Ziplock bag. I've mentioned previously that I love reading in the bath but I'm not going to read an electronic device near water (I have enough problems getting the printed version wet!). If there was an accessory that I knew was safe and secure, would I try it? Will be interesting to see whether Apple comes up with something that can be used around water or food. Some sort of protective device sounds great. Then again, would I still use it in the bath? Hmmm, that's a question that I don't know the answer for.

15 March 2010

Struggling with ebook reading


Battery life on the Sony PRS-700 – particularly when the back light is used – has been flagged as being problematic on this blog before. Together with not being able to read in the bath or reading long enough on domestic flights, it’s one of the Top 3 reasons why NOT to read an ebook. It really is one of the downsides of this whole e-reading experience.

When I think about the downsides there’s more: not being able to promote the book you are reading to strangers (I’m always fascinated with what people are reading and always check out the covers!), you can’t loan an ebook to someone the way you can a physical book (unless you loan the device with it!), and the gift book market really doesn’t offer anything to an e-book reader (here’s a beautiful photographic book on Paris that I’d love to give you to show off on your coffee table, oops, sorry, it’s in electronic form only! Still want it?). You can’t handle the content the same way and it can be pretty bland in black and white. Of course that’s going to change with the plethora of e-reading devices and tablets hitting the market, particularly the iPad, but for now your main e-readers are not offering colour and so you usually use the device to read fiction and suitable non-fiction (like biographies etc).

Of course there is another downside that ebook readers will ‘get’ straight away! I’ve mentioned it before but it’s really problematic purchasing books online – not the process, it’s the ease of which we push the “buy now” button! It’s like being let loose in a candy shop. We are conditioned these days to search and discover what we’d like to buy using the web. A little typing and a few clicks here and there. Shopping experiences vary. The content that we are offered to assist with our purchasing decision varies greatly. We can find what we want from an online vendor - if we don't it’s a couple of clicks of the mouse elsewhere. You are at a competitor in an instant.

We aren’t carrying anything heavy. We don’t have a shopping bag filled with physical books. The file is electronic. It doesn't weigh anything. It’s easy. And we click that button again and again when we find books we want to read. And then when we find them. God help us. Particularly if the magic US$9.99 price is offered. It’s only $11 Australian dollars to read this and that. Better buy now. Good price. Cheaper than physical book. Click click click and the device starts to fill.

When you work for a library supplier you pretty much see most books come through the front door. Trolleys in our Operations area are laden with books – trade books, academic, reference, commercial products and non-commercial (independent publishers, organisations and self-published authors). They move in and out of our building, day in and day out. Masses of books. You see the physical item and you think oh Wolf Hall, that’s one hell of a tome. Will take me a month to read. If you are like me, you purchase it anyway. (Yet again, that involves going into our site and clicking on the order now button – simple, effective, and what’s more the purchase comes straight out of the pay-packet….DEADLY!).

You start to collect unread books. Last count there were 30 books sitting on shelves on my floor to ceiling bookshelf at home (which is magnificent to look at by the way!). However on the e-reader (not so good to look at!) there’s something like 46 books waiting for me to read them. They aren’t in colour. They are just files.

Granted a good number of those were freely available classics from Gutenberg, but they are ones I want to read….one day. I’m starting to collect more and more books and as I’ve mentioned before it’s not like being on iTunes and downloading a song. A song is a few minutes of enjoyment. A book can be days, weeks, months. I’m beginning to struggle with time management and balancing my reading list with the time I actually have to read.

And still I can’t stop myself. My e-book newsletters and new product alerts continue to come through on a regular basis. New books in e-book format, old books now available electronically. A few clicks and that book can be on my device.

I’ve sent a help message through to Mastercard previously via this blog. But as more and more publishers get their digital strategies moving, it will only get worse.

Somebody…..help….me…..soon. I'm....DROWNING!!!!!!!

05 March 2010

Trying to get a piece of the ebook pie

OK. I've worked in this publishing industry for some 20 years now and the past seven years in library supply, I've worked with thousands if not tens of thousands of publishers and suppliers. We have to have a business relationship with every possible vendor as our library customers expect it. We are here to service our customer's needs and meet all their collection development requirements. From new title alerts to promotional material to books on profile to shelf ready services, we have to provide the full mix. The full kit and caboodle as you can imagine.

As the country's leading supplier to academic and public libraries, we are used to working with publishers and suppliers of all different philosophies, business models, customer service principles, business etiquette, professionalism, organisational efficiency. You name it, we know the ins and outs of our purchasing partners. We know what makes them tick. What they do well, what they don't.

Then along comes ebook vendors. A different model. We've worked out the library workflows and watch the dollars transfer from print to e (as you would know if you saw my presentation at the Digital Symposium recently - see last post for full text of my talk). But library ebooks are one channel. Ebook vendors targeting the direct user - either with (or without) a bookselling partner - seem to be coming out the woodwork. Every day there's a new one "getting into" ebooks. Is it my imagination because are they all starting to look and feel the same?! We have Kobo in one corner (great talk at the Symposium BTW Michael!). We've got Blio in another but of course they're not interested in getting content from Ingram Digital because of fierce competition and will go direct where possible to publishers for ebook content. We've got the mighty Amazon, Sony, and of course Google. There's Overdrive who power various booksellers sites as well as the Australian readwithoutpaper.com There's ebooks.com Now O'Reilly is getting in on the act! And so on and so forth.

Ebook vendors launch with all their marketing spin and "bells and whistles". But put them all together, stir them up a bit, and what do they really offer that's different for the end user? With all the larger players, the interface looks pretty similar, the ordering process is usually a few easy clicks, the content isn't remarkable - if it's in ebook format, it's usually there. How do you stand out? If you are an ebook vendor what attracts your customers to you above everyone else?

If you're Amazon, you got in early and got marketshare. You've got millions of loyal customers. Fiercely loyal. You've got the data, the purchasing history, and the clout. And if you're Apple? You've got something everyone has on their wishlist - the iPad. But how are you going to distinguish yourself with ebooks? How are you going to think and act like a bookseller, like a publisher? Amazon's being doing it for years. Apart from already having millions of customers ready and waiting, what are you going to offer that is different to everyone else?

For example, when I think about ebooks, marketing and distribution, I know what I want from my ebook supplier. As an individual who reads ebooks, I can tell you I want a superior browsing service, I want to be able to find titles of interest quickly, clicks to relevant genres, my favourite authors, click click click. I want to see an image, a good description, recommendations, information about the author, and possibly a preview. Has the book won awards? Does the ebook vendor really know books? Can they get the metadata and the target marketing down to a fine art. They have the technology and the customer demand for the e-reading experience. They won't last if they don't get the customer experience right. But when everything starts looking and feeling the same, will we ever get to know them inside out and back to front? I don't think so.... the game has moved on.

13 January 2010

Bring on the Blio


So Baker & Taylor has the next big thing in ebooks according to some industry experts. Blio was unveiled at the Consumer Electronics show in Las Vegas and what's special about this e-reading platform is its "true-to-print display". The software is free and will be out in February to most internet-enabled devices. At this stage we don't know about rights restrictions or territorial issues. When Sony updated their portal recently you had to state your country and there were only a couple of choices... as we know, Australia did not rate a mention as technically it's not on offer here. But I digress...

Blio is a software platform designed for computers, laptops, tablets, and mobiles. It displays books as PDFs in exactly the same layout and design as they appear in print. Because color is preserved, the software may be an especially good choice for illustrated books. This will be nice! Other features include:

* Open your book in 3D “book view” for realistic page turning
* “Text-only” mode for optimal display on small screens
* Display dual pages, or tile multiple pages
* Enlarge text without distortion
* Enjoy a full color, high-resolution display

Blio is a partnership with Baker & Taylor (yes, for those of you who know where I work, that's our new owners folks!). I'll start working my way through the B&T ebook world and see what I can find out. I'm particularly interested to see about library licensing but from the looks of the blio website it's not a library model...at this stage. I still have the words of the CEO of one of the world's largest trade houses ringing in my ear that he is anti-libraries having ebook access to any of his titles but last time I checked, he had them listed with Overdrive which has been already integrated into major libraries here including Brisbane, Gold Coast, Sutherland, Yarra Plenty etc. But yes, I digress yet again.

The Blio platform will have some 50,000 titles available when the product is launched. B&T has suggested they will contribute some 180,000 titles in due course.

Will be interesting to see where the Blio takes us....!!!

10 December 2009

The Apple iTablet: should we believe the media?


It's been coming for years (apparently!) but according to today's Sydney Morning Herald, Apple is preparing to launch a tablet personal computer in late March or April 2010. It will be their launch into the digital book market which is controlled by Amazon's Kindle at present. The article said "Apple declined to comment". Is anyone surprised by that? Has anyone from Apple ever confirmed there is a tablet coming?! I'd have to dig around the web to find out the answer to that one....

Anyway
, according to the "analyst" the tablet will have a 10.1-inch multi-touch LCD screen similar to that of Apple's iPhone. The books will sold on a non-exclusive basis and it seems they've requested only a 30% discount from the publishers as opposed to Amazon's 50% (which is pretty much the ballpark for the ebook vendors).

Interestingly, the SMH article didn't mention price. It was the cnet news that mentioned the $1000 price tag. (I'm assuming US dollars) OK, if it does lots of whizz bang things, including a fabulous experience with ebooks, would we be happy carrying around a device at that price tag day in, day out....?

Also, there is a big take-up of ebooks using the iPhone now. The head of one of the largest ebook vendors said to me recently that he reads everything now on the iPhone through the Stanza app. Absolutely addicted! I don't have an iPhone and while the screen is clean and it's easy to use, having the look and the feel of the traditional book is my preference. The larger screen works better for me. But he loved sharing his experience with me and I'm always open to everyone's reading experience whether it's e or p.

As I've said time and time again, consumers will read whatever way they want. Print, an e-reader, on their laptop, on their iPhone. And I still believe e and p can live in harmony. There will be a percentage of cannibilisation but I think it won't be anywhere near as high as 50%. And I still feel ebooks and ereaders will bring new readers into the book loving community. Anything that encourages people to read is surely a good thing?

But back to Apple, is it coming or isn't it? I can't help but think of those supply chain gurus at Frankfurt and the line they left us all with "It will be Apple, it will be cool, and everyone will want it". I wait for further news...