Ebooks to reach a BILLION dollar business by 2012

Jill Carpenter · 01-10-2010, 08:50 AM

Morning show is talking about ebooks taking over.

I'll take a billion please.

Some authors are afraid of losing with digital content (Harry Potter author).

Kindle was highlighted as well.

Anyone here adding books to Kindle? Is it worth it for IM niche ebooks?

Sumit Menon · 01-10-2010, 10:02 AM

Well, with the world ending in 2012, it doesn't count for much!

Paulo Coelho gives away digital copies of all his books for Free.

Darren Tan · 01-10-2010, 10:09 AM

I've read in one of the posts stating that people are selling about 15 - 20 ebooks per day when they just started to tap onto the huge traffic of Amazon.

Is it me or others feel the same way?

When things start to be broadcast with huge exposure, it's time to shift focus as sooner or later it'll become a commodity.

My guess is: it'll probably be a super fantastic way to build fast lists using $7 ebook concept

Regards,
Darren

Chris Kent · 01-10-2010, 10:12 AM

Clickbank alone makes 26,000 digital transactions per day.
Let's assume a conservatively low average cost of $20.
That's $520,000 per day or 189 million per year. For CB alone.

I reckon it's already a billion dollar business when you add together pdf ebooks we know plus the newer books to be read on handheld devices.

Scott Ames · 01-10-2010, 10:19 AM

If only one could download an ebook, push a button and out pops a real book. When I want to store it away push another button and it goes back in the device. For some reason a real physical book is all I want to read. I find it hard to read on a computer or other device. Perhaps not all feel that way or sales would not be so strong.

Elmer Hurlstone · 01-10-2010, 10:45 AM

Scott,

This is possible.

All you need is a spare $75K, or so.

Jason Epstein, a former editorial director–40 years at Random House–and author of "Book Business: Publishing Past, Present, and Future", is a major proponent of this book business model. Epstein has been pushing this idea for over ten years.

He is also involved with the Espresso Book Machine - Wikipedia, the free encyclopedia which will permit "push button" publishing.

Quote:

Originally Posted by Scott Ames

If only one could download an ebook, push a button and out pops a real book. When I want to store it away push another button and it goes back in the device. For some reason a real physical book is all I want to read. I find it hard to read on a computer or other device. Perhaps not all feel that way or sales would not be so strong.

Elmer

Scott Ames · 01-10-2010, 01:22 PM

Quote:

Originally Posted by Elmer Hurlstone

Scott,

This is possible.

All you need is a spare $75K, or so.

Jason Epstein, a former editorial director–40 years at Random House–and author of "Book Business: Publishing Past, Present, and Future", is a major proponent of this book business model. Epstein has been pushing this idea for over ten years.

He is also involved with the Espresso Book Machine - Wikipedia, the free encyclopedia which will permit "push button" publishing.

Elmer

Well what do you know! Thanks for sharing. I was being silly but it is a reality.

Johnathan · 01-10-2010, 01:27 PM

Hmm...

Interesting. Have you guys heard though of the digital newspaper? About 4-5 years old already, but you can 'download' a newspaper onto a piece of paper.

InternetMarketingIQ · 01-10-2010, 01:38 PM

It's just a medium shift.

Dan C. Rinnert · 01-10-2010, 01:46 PM

Quote:

Originally Posted by avenuegirl

Kindle was highlighted as well.

Anyone here adding books to Kindle? Is it worth it for IM niche ebooks?

I'm waiting for Apple's iSlate or iTablet to see what that's like. One of the possibilities is that there will be an App Store for it, and you could do digital books, magazines, etc., but you could incorporate maybe video or motion, and so on. And that gives you more possibilities than you have with a Kindle or Nook.

Of course, it's probably going to cost way more than a Kindle, but just look at how well some people made out with iPhone apps...

01-10-2010, 08:50 AM	#1
Jill Carpenter aka Avenuegirl War Room Member Join Date: Feb 2008 Location: Right where I want to be... Posts: 5,424 Blog Entries: 23 Thanks: 1,337 Thanked 1,872 Times in 1,079 Posts Social Networking Contact Info	Ebooks to reach a BILLION dollar business by 2012 Morning show is talking about ebooks taking over. I'll take a billion please. Some authors are afraid of losing with digital content (Harry Potter author). Kindle was highlighted as well. Anyone here adding books to Kindle? Is it worth it for IM niche ebooks?
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01-10-2010, 10:02 AM	#2
Sumit Menon . Join Date: Aug 2008 Location: Mumbai, India Posts: 657 Thanks: 552 Thanked 246 Times in 153 Posts Social Networking Contact Info	Re: Ebooks to reach a BILLION dollar business by 2012 Well, with the world ending in 2012, it doesn't count for much! Paulo Coelho gives away digital copies of all his books for Free.
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01-10-2010, 10:09 AM	#3
Darren Tan Never Stop Taking Actions War Room Member Join Date: Mar 2006 Location: West of Singapore Posts: 107 Thanks: 35 Thanked 26 Times in 17 Posts Social Networking	Re: Ebooks to reach a BILLION dollar business by 2012 I've read in one of the posts stating that people are selling about 15 - 20 ebooks per day when they just started to tap onto the huge traffic of Amazon. Is it me or others feel the same way? When things start to be broadcast with huge exposure, it's time to shift focus as sooner or later it'll become a commodity. My guess is: it'll probably be a super fantastic way to build fast lists using $7 ebook concept Regards, Darren

01-10-2010, 10:12 AM	#4
Chris Kent BetterPLR.com War Room Member Join Date: Jan 2009 Posts: 3,838 Blog Entries: 48 Thanks: 150 Thanked 957 Times in 477 Posts	Re: Ebooks to reach a BILLION dollar business by 2012 Clickbank alone makes 26,000 digital transactions per day. Let's assume a conservatively low average cost of $20. That's $520,000 per day or 189 million per year. For CB alone. I reckon it's already a billion dollar business when you add together pdf ebooks we know plus the newer books to be read on handheld devices.
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01-10-2010, 10:19 AM	#5
Scott Ames Senior Warrior Member War Room Member Join Date: Jun 2006 Location: West of Rockies Posts: 5,556 Thanks: 363 Thanked 665 Times in 325 Posts	Re: Ebooks to reach a BILLION dollar business by 2012 If only one could download an ebook, push a button and out pops a real book. When I want to store it away push another button and it goes back in the device. For some reason a real physical book is all I want to read. I find it hard to read on a computer or other device. Perhaps not all feel that way or sales would not be so strong.

01-10-2010, 01:27 PM	#8
Johnathan Advanced Warrior War Room Member Join Date: Dec 2008 Posts: 822 Thanks: 257 Thanked 74 Times in 64 Posts	Re: Ebooks to reach a BILLION dollar business by 2012 Hmm... Interesting. Have you guys heard though of the digital newspaper? About 4-5 years old already, but you can 'download' a newspaper onto a piece of paper.
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01-10-2010, 01:38 PM	#9
InternetMarketingIQ Senior Warrior Member Join Date: Apr 2007 Location: US of A Posts: 2,190 Thanks: 47 Thanked 257 Times in 211 Posts	Re: Ebooks to reach a BILLION dollar business by 2012 It's just a medium shift.
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