eBooks Uncovering Their Impact on the Publishing Market |
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| Survey Summary |
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Publishing professionals, faced with tight budgets and increasing competition, are looking to create additional revenue streams by providing digital “eBook” versions of their print titles. They are hoping that eBooks can help them attract and maintain new paying customers without cannibalizing existing print sales.
But the road to eBook success isn’t well traveled; eBooks are relatively new publishing products, potential eBook distribution channels are not fully understood by publishers, and there’s not much historical data with which to make eBook business decisions or projections—except the constant reminder that eBooks sales growth continues to be in the triple digits.* To be successful, publishers will need to better understand the digital publishing landscape.
That’s why we sought answers from more than 300 publishing industry insiders, across the Trade, Professional, and Educational markets, to find out what their plans for eBook publishing are and whether they think eBooks are important to their overarching business strategy (and future growth), and if so, how many eBooks they publish today, where they distribute them, and what display devices they support.
What did we learn? Some of the most insightful takeaways include: |
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Those who are publishing eBooks are forgoing substantial revenue by vastly limiting their potential readership: |
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most publishers are using their own eCommerce sites and not taking advantage of major distribution channels that provide access to the largest available audiences of digitally savvy consumers |
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most publishers are creating eBooks that cannot be read on most mobile devices |
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Note: Contrary to these results, Aptara has noticed a recent and encouraging increase in the number of our publishing customers who have begun adopting ePub as a standard for content delivery via smart phones and dedicated eReaders. |
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The above observation may explain why 52% of publishers see eBooks as having only low or moderate importance to their growth. |
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With the sales of eBooks skyrocketing and production costs decreasing, why aren’t more publishers profiting from eBooks? We hope that this survey, and the analysis that follows, can help publishers to better navigate and exploit this promising new digital marketplace. A profile of the respondents, based on publisher type and volume, is provided at the end of the survey.
This survey is the first in a series of eBook-related research papers designed to keep you abreast of this fast-changing publishing sector and to identify trends, challenges, and strategies of importance to publishing professionals. To be included in future surveys, contact us at aptaracorp.com. |
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Jump to survey results: |
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Does your organization currently produce and distribute eBooks? |
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If your organization does not currently produce and distribute eBooks, are you actively planning to produce and distribute eBook titles in the near future? |
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How important are eBooks to your company strategy and growth plans? |
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On which of the following device(s) can your eBooks be read? |
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Through which of the following channels are your eBooks distributed? |
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Are your eBooks primarily produced in place of, or in addition to, print editions? |
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What are/were the biggest challenges in bringing eBooks to the market? |
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Which of the following devices do you personally use to read eBooks? |
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What industry segment(s) best describe your publications? |
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Approximately how many titles/editions does your organization publish annually? |
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* The latest statistics released by the Association of American Publishers (AAP) and the International Digital Publishing Forum (IDPF) show a 200% increase in wholesale Trade eBook sales when comparing Nov 2008 figures to Nov 2009. |
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About Aptara: Aptara provides digital publishing solutions that deliver significant gains in cost, quality, and time-to-market for eBook publishers. Having converted tens of millions of pages to eBooks, Aptara offers comprehensive solutions across all content sources and delivery media, including eReaders such as the Amazon Kindle, Apple iPhone, and Sony Reader. Aptara’s expertise includes eBook production, content conversion, custom content development, editorial and design services, and content technology solutions. Founded in 1988, Aptara is a US-based company with over 3,700 professionals deployed globally and serving leaders in the Trade & Consumer, Professional, and Educational publishing markets. |