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Amazon gives up on books, buys customers’ ability to read instead

Posted on April 1, 2013

amzn_brainSeattle–(BUSINESS LINE)–April 1, 2013– In a not-entirely-surprising move, online retail giant Amazon.com, Inc. (NASDAQ:AMZN) announced today that it had moved its publishing model beyond the distribution of paperback and digital books and has bought its customers’ ability to read.

“It’s really just a natural progression of both Amazon’s technological and business goals,” said Ravi Bharathi, professor of neuroscience at Stanford University and author of the now redundant book, You’re Worth What You Know. “Why bother with fussy New York city publishers and clueless retirees uploading their memoirs about vacationing on the Jersey shore when you can cut right to the chase and just buy a stake in your reader’s brain?”

Asked if this bold new initiative by Amazon threatened to impose a debilitating monopoly over other book merchants such as Barnes & Noble, Kobo, Inc., and Smashwords.com, Bharathi appeared confused and said, “Who?”

thinkle2An inside source at the Seattle technology company’s research and development division in Seattle, Washington has reported that the customers’ innate ability to read will be monetized by a small digital device mounted on the top of the user’s head. Dubbed the “Thinkle™,” the device will calculate how much the user would typically read based on past purchases, conduct a small electrical charge to the pleasure/pain centers of the brain to simulate the act of reading, then automatically deduct a fee ranging from $.99 to $9.99 from the user’s bank account.

“No muss, no fuss,” the source said. “You’ll never run out of space. Unless you have a tiny brain. And it gives a whole new meaning to ‘side loading.’”

Asked if the Thinkle™ would charge for a simulation of what were formerly free books on the book seller’s site, the source replied, “Of course not, they were free. Besides, nobody ever read them anyway.”

Wall Street technology forecasters have predicted that the only real competition for “brain space” would come from Apple, Inc., makers of the hugely successful iPhone and iPad line of products.

When reached for comment, however, Apple CEO Timothy Cook laughed. “Worried? Not really. We’ve been piping music into people’s heads since 2002.”

Amazon CEO Jeff Bezos, currently conducting an archaeological dig on the surface of Mars, could not be reached for comment. Happy April Fool’s Day, everyone. 

Posted in: The Journey | Tagged: amazon, Apple, books, ipad, iphone, Kindle, self-publishing, thinkle

Goodreads swallowed by Amazon

Posted on March 28, 2013

goodreads_iconCue the Ambivalence Machine. Goodreads has just “joined the Amazon family.”

While all indies should be happy and thankful that Amazon helped break traditional publishing’s stranglehold on the market, lack of competition–or in this case, a blow to independent reporting and reviewing–isn’t really good for anyone.

It will be interesting to see how other book distributors like Barnes & Noble, Kobo, and Apple react. Is this the warning bell Apple needs to get off their ass and actually make iBooks work? Will Kobo take the challenge and soak their parent company Rakuten for more bank to fight the good fight?

Or are we watching the end game?

Posted in: Epublishing News | Tagged: amazon, books, competition, epublishing, goodreads, ibooks, itunes, self-publishing

Adventures in advertising: Can anyone beat Bookbub? Part II

Posted on March 27, 2013

bookbub

This is part II of a two-part series on advertising with the site Bookbub.com Please check Part I out here.

Results
Several friends–Amanda Brice, Karen Cantwell, and Misha Crews–had amazing results using Bookbub for Romance and Mystery. Misha, in particular, had great success featuring her novel Homesong, garnering 68,000 downloads in just three days. So, I had high hopes going in…and not just for the book on sale–the main thing was to get lateral sales to Marty Singer #1, A Reason to Live, and the brand-spanking new #3, One Right Thing, e-published the night before the sale.

I wasn’t disappointed. Blueblood was featured for free March 12-13 via KDP Select. Here are the sale and post-sale numbers as of 3/24/2013 at noon:

[Read more…]

Posted in: Advertising, Epublishing News, Tips for eAuthors | Tagged: advertising, Bookbub, sales, self-publishing

Turn Music (and Books) Into Money

Posted on January 28, 2013

I just came across this intriguing article in The Atlantic via the singer John Owen-Jones’s Twitter feed (how’s that for a tenuous connection?):  How You Turn Music Into Money in 2012 (Spoiler: Mostly iTunes).

As fellow creative types, it behooves writers to pay attention to how artists and musicians are monetizing their careers online. Although the industries and distributions are different, take a gander at how avant garde musician Zoe Keating sees her six-month income rolling in.

My takeaways: distribution diversity is good, assumptions are dangerous, and the digital landscape if far from being predictable or settled. None of that is a surprise, but it’s good to see concrete numbers to back up some of my thinking.

What did you get out of the article?

Posted in: Epublishing News | Tagged: John Owen-Jones, monetization, sales, self-publishing, The Atlantic

Adventures in Advertising: Can self-published writers advertise effectively?

Posted on January 17, 2013

ad_hereBefore the holiday season derailed my progress here on the blog, I was tackling a critique of the various advertising channels I’ve tried to bolster my self-publishing sales. I started with my adventures with Goodreads self-serve ads, but I realized after writing those 2,000 words that what I should’ve done is give an overview of all of the services and outlets I’ve tried first, then delve into the specifics of each outlet. This post is that summary.

[Read more…]

Posted in: Advertising, Tips for eAuthors | Tagged: advertising, business, ebooks, ENT, ereadernewstoday.com, facebook, goodreads, Kindleboards, marketing, mystery link, self-publishing, Suspense Magazine
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