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Home » Economics » Page 3

Economics

Ned Ryerson and the Startled Rodent

By Dan Balowon February 2, 2016
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Much has been discussed about the growth (or shrinking) of digital book content delivery. I figured today was the perfect day to put in my two cents.

Here is what happened in the last few years, explaining why digital sales have slowed, as told through a little story I conjured up.

Avid book reader Barbara got up early one morning, made coffee and sat down to read with her e-reader. She noticed there was a special on eBooks, so she bought one she liked and added two more eBooks for free, happily loading all three so she could read them eventually.

 The next morning, avid book reader Barb, got up, made coffee, sat down with her e-reader and her steaming cup of joe and noticed because she bought a book yesterday, she could get three books for free, she happily loaded them on her e-reader. She would read them…eventually.

 The next morning, avid book reader Barb, got up, made coffee, sat down with her e-reader and her steaming cup of joe and noticed she could get three books for free, she happily loaded them on her e-reader. She would read them…eventually.

 The next morning, avid book reader Barb, got up, made coffee, sat down with her e-reader and her steaming cup of joe and noticed she could get three books for free, she happily loaded them on her e-reader. She would read them…eventually.

 The next morning, avid book reader Barb, got up, made coffee, sat down with her e-reader and her steaming cup of joe and noticed she could get three books for free, she happily loaded them on her e-reader. She would read them…eventually.

 The next morning, avid book reader Barb, got up, made coffee, sat down with her e-reader and her steaming cup of joe and noticed she could get three books for free, she happily loaded them on her e-reader. She would read them…eventually.

 The next morning, avid book reader Barb, got up, made coffee, sat down with her e-reader and her steaming cup of joe and noticed she could get three books for free, she happily loaded them on her e-reader. She would read them…eventually.

 The next morning, avid book reader Barb, got up, made coffee, sat down with her e-reader and her steaming cup of joe and noticed she could get three books for free, she happily loaded them on her e-reader. She would read them…eventually.

The print-loving world screamed with joy, “See, no one wants eBooks. We win!”

Authors and publishers pushed out so many books for cheap and free that e-readers are saturated, at least for a time. And sales of the various e-reader devices have flattened out because, frankly, not everyone can afford to buy one. Money doesn’t grow on trees you know.

Once we all get comfortable reading books on our smart phones like the other seven billion people in the world, digital will grow again.

Happy Groundhog Day.

 

 

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Category: Book Business, Economics, TrendsTag: Book Business, E-Books, Economics, Trends

2015 – A Year in Review

By Steve Laubeon January 4, 2016
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I like to take a look at the past year as an exercise in measuring success and failure – all while counting God’s blessings. (If you’d like to look at previous annual reports they can be found here: 2014, 2013, 2012, 2011, 2009.) The Agency Thrives The agency continues to thrive in the midst of some tough economic challenges. It was exciting to secure contracts for over 130 forthcoming …

Read more2015 – A Year in Review
Category: Agency, Book Business, Career, Communication, EconomicsTag: 2015, Agency, Year in Review

Switching or Grinding Gears?

By Dan Balowon September 8, 2015
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Each year in the U.S. more titles are published indie/self-pub than by all traditional publishers combined. Some authors publish only indie or traditional, but some entrepreneurial folks are known as “hybrid” and use whatever model works best for the situation at the moment. Many clients of the Steve Laube Agency are hybrid authors and it works just fine. There are some things you do for an indie …

Read moreSwitching or Grinding Gears?
Category: Book Business, Career, E-Books, Economics, Editing, Marketing, The Publishing LifeTag: Hybrid Authors, Indie Publishing, The Publishing Life, Traditional Publishing

Book Sales Continue to Rise

By Steve Laubeon August 24, 2015
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Despite the rumors concerning of the demise of Christian books, bookstores, and especially Christian fiction  there is news that tells a different story. There were a couple statistics released this past week that show signs of encouragement! General market sales: According to the U.S. Census Bureau. Bookstore sales hit $698 million in the month of June 2015 compared to $672 million last June. …

Read moreBook Sales Continue to Rise
Category: Book Business, Book Sales, Career, Economics, TrendsTag: Book Sales

2015 A.D. (Amazon Domination)

By Dan Balowon July 14, 2015
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July 16, 1995 – Amazon.com began operation. To get there, you clicked on a computer icon, heard the weird dialup modem sounds, the hissing, and you were on your way to the World Wide Web. Type in www.amazon.com and there it was. It will never catch on. People need to hold something in their hands before they buy it. According to several sources, the first book ever sold on Amazon was this: Fluid …

Read more2015 A.D. (Amazon Domination)
Category: Book Business, Economics, TrendsTag: Amazon, Book Business, Trends

Christian Fiction is Not Dead

By Steve Laubeon July 13, 2015
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Last week’s news of Abingdon Press deciding to no longer acquire new Christian fiction has created another clamor of claims regarding the demise of Christian fiction. The articles, emails, and comments range from glee (“it needs to die”) to consternation (“woe is me of ever getting a book deal”). Fewer Publishers There is no question that there has been considerable shrinkage in the …

Read moreChristian Fiction is Not Dead
Category: Book Business, Economics, TrendsTag: Book Business, Christian Fiction, Trends

Bidding Completed for Bankrupt Family Christian Stores

By Steve Laubeon June 1, 2015
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This past week a complex and long auction process was completed and a winning bid has been chosen to purchase the bankrupt Family Christian Stores (FCS). If this final bid is approved by the court the FCS will emerge from bankruptcy and resume business as usual. If you have been following this ordeal (our blog #1 and blog #2) you know how complicated it had become. The end game is no less …

Read moreBidding Completed for Bankrupt Family Christian Stores
Category: Book Business, Economics, Legal IssuesTag: Book Business, family christian stores, Legal

Happy Birthday iTunes Store! Thanks for the Warning…

By Steve Laubeon April 27, 2015
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Twelve years ago this week (April 28, 2003) Apple announced the launch of a new way to buy digital music. The iTunes Store. (Click for the original press release.) It started with 200,000 songs available for purchase. (Today there are more than 26 million songs available for sale.) The iTunes software had been introduced a couple years earlier, but now it became a commercial venture. A place where …

Read moreHappy Birthday iTunes Store! Thanks for the Warning…
Category: Book Business, Economics, TrendsTag: Book Business, Digital Books, Economics, iTunes

It’s a Flat World After All

By Dan Balowon April 21, 2015
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As a preface to this post, let it be known that I really enjoy hitting my thumb with a hammer, pushing forks into electric toasters and tripping over things in my bare feet in the dark. It is that very masochistic tendency that prompted me to write this blog. _____ A favorite book for me in the last decade was Tom Friedman’s The World Is Flat, published in 2005. It simply made me think differently …

Read moreIt’s a Flat World After All
Category: Book Business, Economics, Marketing, The Publishing LifeTag: Economics, The Publishing Life
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