Data from the 4th Annual eBook Survey of Publishers indicates the publishing industry is adapting to utilize the eBook format, but may fall short in capitalizing on it. While the opportunities are boundless and have been tested with amazing success long before eBooks were a publishing norm, as an industry publishing appears hesitant to run with the concept.
This infographic digs into the business of eBooks and hints at the publishing industry’s hesitancy to fully embrace eBooks with statistics like:
- 80 per cent of publishers still produce print versions of eBook titles
- 60 per cent of publishers still employ legacy, print-based production work-flows, adding time and cost to each new eBook
- 65 per cent of publishers have converted less than half of their backlist (legacy titles) into eBooks.
{Click & magnify for full-size}
Source:Â Aptara
It’s encouraging that four out of five publishers now produce eBooks, but it’s the companies that fully integrate eBooks with their family of products that will truly benefit from them.
I still value print books, probably because 90% of the books I own are reference material of some kind. Which book format do you prefer? Do you have any suggestions for publishers?
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Melody McKinnon is an internet entrepreneur with 25 years of experience in a wide range of online business models, backed by a formal business education and enhanced by training and mentorship. She has owned or managed both educational and ecommerce websites. Her book, 7 Recession Proof Online Businesses to Start From Home, is available from all major ebook retailers.
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I prefer print books to reading on a screen and I think a lot of people still do but the time has come for ebooks to be a standard option. I’m writing my first ebook right now and the format offers some great options like links so it has it’s place in the market.
Ebooks have been around for a couple of decades…it’s about time they got with the program.
I just wish they’d bring the price down for ebooks, but publishers aren’t nearly as bad as the ebook sellers on clickbank. They take a book that wouldn’t even go for $20 in print and charge $40-$80 for it just to get affiliates. They’re shooting themselves in the foot. Then they’ll wonder why people keep saying it isn’t worth the price. HELLO!!!