New Report: Uncovering eBooks' Real Impact 2009 – 2011
You can read the complete report (free) by registering here. After completing the form the report is delivered immediately as a 40 page PDF file.
Here’s a Summary From Aptara:
The results of Aptara’s third annual eBook survey of publishers, released today, provide unprecedented insight into eBooks’ real impact on book publishers’ production and business models. Representing more than 1,300 book publishers from the Trade, Education, Professional, and Corporate markets, the report documents eBook trends, challenges, and strategies that have emerged since Aptara’s first survey in 2009.
“Aptara’s eBook survey series is unique in its collection of market intelligence direct from publishers,” said David Blansfield, President of F+W Media, parent company of Digital Book World. “To understand who is producing eBooks, how, why, to what extent—and which platforms and sales channels are the most targeted versus the most lucrative—is an advantage to any publisher looking to capitalize on this market’s incredible potential.”
Here are some significant findings from the three Aptara surveys conducted over two years:
- One out of five eBook publishers generate more than 10% of their revenues from eBooks. This is a strong statistic for an early-state market. Considering the increasing rate of consumer sales projections, it confirms that the eBook market still has plenty of room for growth
- Trade, more than any other publishing market segment, has aggressively increased its eBook pursuits. Trade publishers’ rate of eBook production rose from 50% to 76% in two years.
- Two out of three eBook publishers have not converted the majority of their backlist (legacy) titles to eBooks. With higher profit margins than frontlist titles, these digital assets hold significant untapped revenue potential.
- Amazon still dominates distribution . . . but by a steadily decreasing margin. Publishers still rely most heavily on Amazon for distribution, but do so less and less. This trend is more attributed to the proliferation of other platforms and channels, particularly EPUB-based, than a decline in actual sales for Amazon. The result is a larger eBook sales and distribution market.
- Amazon generates the most eBook sales for Trade publishers, even though a comparatively small percentage of Trade content is distributed through Amazon. Despite Trade publishers using all of the main eBook online retailers, Amazon is the one producing sales—and, presumably, revenue—by a disproportionate margin (43%).
- Publishers’ own eCommerce sites generate the greatest percentage of sales for all publishing market segments other than Trade. Despite a decrease in publishers’ reliance on their own eCommerce sites for distribution, these sites are producing the most sales for publishers by a significant margin (up to 18%).
- Most eBook production still follows outdated print production models at the expense of improved operational efficiencies. Publishers are slow to transition from traditional print-based production to more flexible digital workflows that produce output for mobile devices, PCs, and print–all from a single content source.
About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com.