US e-book publishers now make more cash from on-line gross sales than bodily shops
Brick-and-mortar e-book shops have clearly been on the decline for some time — simply take a look at Barnes & Noble’s rocky funds. Nevertheless, there’s now some tangible proof that the pendulum has swung in favor of web-based mostly gross sales. BookStats estimates that US publishers made extra money from on-line orders and e-books in 2013 ($7.fifty four billion) than they did from old style bodily retail ($7.12 billion). Whereas the distinction is not big, it means that a big chunk of the American inhabitants is content material with shopping for books that it hasn’t seen in individual.
There’s a little bit of a darkish cloud to this silver lining, at the least for the booksellers. BookStats notes that e-ebook gross sales jumped about 10 % to 512.7 million copies, however income was flat between 2012 and 2013; it might have been decrease costs that triggered a surge in demand, not a renewed curiosity in going digital. With that stated, researchers warn that their knowledge does not embrace books with out ISBN numbers, so fairly a couple of self-revealed e-books might have slipped by way of the cracks. Even with that wiggle room within the knowledge, it is evident that there is a transition underway — you simply should not anticipate to see the nook bookstore disappear in a single day.
[Image credit: Robert Michael/AFP/Getty Images]
SOURCE: E-book Business Research Group
Tags: books bookstats e ebook e books e reader e readers e-e-book e-books e-commerce e-reader e-readers web studying retail purchasing