Pubilshers Move to delay e-Books
An unidentified Amazon spokesman says, "Authors get the most publicity
at launch and need to strike while the iron is hot. If readers can't
get their preferred format at that moment, they may buy a different
book or just not buy a book at all."
Anyone with a blog,
Twitter feed or comments field took to their browser to call publishers
bozos (just as they did with the television networks when they started
Hulu.com....)
On the PR front, I'll repeat the advice offered a while
ago on the same issue: customers don't necessarily understand that it
was Amazon who sold them a bill of goods on
buy-an-expensive-reader-and-get-cheap-bestsellers for life, that the
9.99 price point is a loss leader on new releases, or that retailers
take a bigger percentage on ebooks than they do on music (and the list
goes on--they imagine that publishers are delaying ebooks over the
wishes of authors). Publishers who feel passionately about these issues
should be actively engaging on the relevant forums and comments fields
to explain the nuances of their actions.Oppenheimer analyst Yair Reiner published a research note deducing that
"it appears Apple will begin ramping production in earnest in February"
on their rumored tablet for a late spring launch, concluding they are
preparing a supply chain to produce up to 1 million units a month. He
notes "the Kindle has disgruntled the publishing industry (book,
newspaper, and magazine) by demanding exclusivity, disallowing
advertising, and demanding a wolfish cut of revenue." He reiterates the
rumors that "Apple is approaching book publishers with a very
attractive proposal for distributing their content" on the same 30/70
split they use for songs and apps. But various pieces of misinformation
in the piece left publishers still skeptical--has anyone actually made
a book content deal with Apple...?
Also of relevance, recently Rory Maher and Henry Blodget took at stab
at print and ebook p&ls on the Internet Analyst. Tim O'Reilly
offered this interesting comment on their post:
"The biggest problem with Amazon's heavy handed approach is that they
are the only one doing the price experimentation. By trying to corner
the market, they are precluding the kind of competitive price
experimentation that the ebook market needs to find the *right* price.
"I do think that they are doing a good thing by pushing the industry
towards lower prices - lower prices often (but not always) do spur an
increase in demand. But the way they are doing it, especially
withregard to the secrecy that surrounds all their dealings (publishers
are forbidden to share any sales figures) means that it will take much
longer before the industry gets engaged with the question in the right
way.
"Or not. On the iPhone, where books are sold as apps, price experimentation is common, and the market is learning fast."
From Publisher's Lunch

