Book Sales

Publishers Jumping on Digital Bandwagon as E-Book Sales Soar

Digital Publishing RevolutionThis seems to be the year that the digital revolution is posed to take over the publishing world, here and overseas.

In a recent press release, the Association of American Publishers reported that in January 2011, U.S. net sales of e-books surged by 115.8% over the same month last year, more than doubling from $32.4 to $69.9 million. Total book sales were slightly lower, with both hardcover and paperback book sales declining significantly.

Across the pond, digital, print-on-demand and self-publishing have boosted the production of new book titles in the UK, up 14% from 2009 to 2010 (133,000 to 151,969), according to Bookseller.com. The article states, “The figure is derived from the number of ISBNs Nielsen issues over the year. However, the 2009 figure has since been increased to 157,039 because of the late addition of digital titles in that year, a factor that may also further increase the 2010 figure.” Last year also saw 3,151 new UK publishers registering for an ISBN, a 10-year high, compared to 3,007 in 2009—an increase attributed primarily to self-publishing authors.

Meanwhile, everyone wants a piece of the e-book pie. For instance, Barnes & Noble is expanding its PubIt! digital publishing platform for the NOOK format, Amazon’s new AmazonEncore distribution program helps self-published authors get more exposure across various channels, and even the perennial page layout software application QuarkXPress has been overhauled to let publishers catch the next wave of digital content production.

Also riding the crest of the digital self-publishing juggernaut is our own BookRix.com online author/reader community that has grown from zero to more than 15,500 digital uploads since launching just 2.5 years ago. As a BookRix member, aren’t you proud to be on the cutting edge of the future of book publishing? We are!

What are your thoughts and concerns as the world of publishing keeps changing?

E-Book Sales More Than Double in 2010

eReaders_digital_books_on_BookRixAccording to the Association of American Publishers, domestic sales of e-books jumped from $166.9 million (3.2% of combined trade sales) in 2009 to $441 million (8.3% of combined trade sales) in 2010. That’s an increase of 164.4% in just one year, and 623% since 2008, when sales were $61.3 million (only 1% of trade sales).

Meanwhile, printed book sales have been steadily decreasing. Kindle content revenues on Amazon.com have overtaken hardcover sales (since July 2010) and paperback sales (as of January 2011). Amazon reports selling 115 Kindle e-books for every 100 paperback books sold since the beginning of the year and up to 180 e-books for every 100 hardcover books.

We believe the e-book market stands to grow dramatically as more and more consumers acquire e-reader devices. A new report from the Pew Internet and American Life project claims that 5% of American adults currently own e-reader devices such as the Kindle, Nook or Sony Reader. These devices appear to be most popular among baby boomers, with 7% between the ages of 47 and 56 and 6% aged 66 to 74 owning them. However, since many people read e-books on their smartphones, tablets and computers, these figures vastly underestimate the total number of people who read e-books.

Speaking of which, here’s a quick tip: Did you know that much of the downloadable free e-book content available here at BookRix in the ePub format can be uploaded to and read on your iPhone, iPad or iPod Touch using the Stanza e-reading app?

With nearly 15,000 book and short story titles available for free on BookRix, you’re sure to find something you enjoy reading on your smart phone, e-reader or personal computer! And don’t forget to check out the new SocialBook© by BookRix writing feature authors are using to create collaborative digital e-books, with most available for download and written together online by multiple authors!

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