The Idea Logical Company

  • Blog
  • Speeches
  • Consulting
  • Clients
  • Media
  • About
  • Contact

Ten Years Ago Amazon Started A Revolution and It Just Gave Me a Very Good Month

November 30, 2017 by Mike Shatzkin 1 Comment

Ten years ago, Amazon released the first Kindle device. There had been electronic book reading devices before the Kindle and, indeed, the Sony ereader was actively in the market when Kindle arrived. (Others, like Rocketbook and Softbook, had perished for lack of interest.)

Kindle and Amazon succeeded where others failed for several reasons. First and foremost was the power of Amazon, which already had the attention of a very large segment of the book-reading and book-buying public. But Amazon helped themselves with three big breakthroughs — one technological and two commercial — which made what they were doing different from what had been done before.

The technological breakthrough was integrating the purchasing into the device, eliminating the two step “download and synch” process that previous ebook readers had required. Since wifi didn’t exist yet, executing on that required Amazon to take the risk on dial-up connection charges that MIGHT have been used by Kindle owners to do things other than make ebook purchases.

The first commercial breakthrough was to get a far bigger library of contemporary books into the offer than any ebook purveyor had previously. Amazon could do that because of its extensive publisher relationships and the faith publishers had in their ability to monetize the files created to deliver ebooks in the days before doing that was routine.

The other commercial breakthrough was pricing. Amazon was willing to take real financial risks to present ebooks as a money-saving alternative to print. They wanted to establish a maximum ebook price of $9.99, so that’s what they charged even if the publisher’s price to them was higher and they had to take a loss on the sale.

All in all, it was such an irresistible commercial combination that it spawned other successes in its wake (particularly when wifi made the dial-up financial risk unnecessary very shortly thereafter). Kobo soon had devices and a store. Barnes & Noble went on a crash program to develop its Nook competitor and, through its retail customer base that might not have been Amazon customers, built out the ebook market even further. And then, in April 2010, Apple launched the iBookstore to deliver ebooks for its new iPad devices and iPhones.

And shortly thereafter, all the ebook purveyors had apps to put ebook reading on a wide variety of Apple and Android portable devices.

Now that ebooks are a quarter of many publishers’ sales and half or more of the sales for a lot of genre fiction, it is worth reflecting on the fact that it is only a decade since they were just about zero.

Good thing for me! On this tenth anniversary of the start of the ebook era, I have ebooks galore debuting in the marketplace.

One new publisher that started in life as digital-first is Scott Waxman’s Diversion Books. I am delighted that they have just released “When the Knicks Became Champs”, which I wrote 47 years ago and which was originally published by Prentice-Hall as “The View from Section 111”.

The season I witnessed and wrote about was worth memorializing, although I didn’t know that when I started working on it. (Nor did my publisher, who gave me a contract when the season was less than a month old based on the early samples of my fan’s diary.) It is really nice to know that as new Knicks fans are minted, my account of that spectacular season will be available to keep the roots of their legacy alive.

And that’s not all!

Back near the beginning of ebook time, a friend at Kobo put together a collection of the first two years of Shatzkin Files blogs into an ebook. Then, about a year ago, a British digital publishing operative named Simon Collinson felt the blogs were worth collecting into annual “books”. He did an extraordinary amount of work to arrange the blogs by subject and to give me the drafts of annual summaries. This turns out to be a pretty decent history of the ebook revolution since its dawning.

And now those ebooks are available in all the ebook formats for 2011, 2012, 2013, 2014, 2015, and 2016.

Ironically, my collaborator Collinson has moved from London to Toronto and to a job at Kobo while we’ve been working together!

So I have had a good month. Seven “new” books in the marketplace. I think I like this digital revolution.

While The Shatzkin Files remains focused on publishing and digital change, I have started writing about climate change and politics on Medium (at least temporarily on Medium…) Among the recent pieces are a primer on the climate impacts, science, and politics of taxing CO2, one on the danger of using “single payer” as a health care mantra, and another that urges Democrats to support a Republican-originated climate tax proposal. 

Filed Under: Autobiographical, eBooks, General Trade Publishing, Licensing and Rights, New Models, Publishing History, Self-Publishing Tagged With: "The View from Section 111", "When the Knicks Became Champs", Amazon, Apple, Barnes & Noble, Diversion Books, iBookstore, iPad, iPhone, Kindle, Kobo, Nook, Prentice-Hall, Scott Waxman, Shatzkin Files, Simon Collinson

Search

Mike Shatzkin

Mike Shatzkin is the Founder & CEO of The Idea Logical Company and a widely-acknowledged thought leader about digital change in the book publishing industry. Read more.

Follow Mike on Twitter @MikeShatzkin.

Interview with Mike Shatzkin

Book Cover: The Book Business: What Everyone Needs to Know

The Book Business: What Everyone Needs to Know

Sign Up

Get The Shatzkin Files posts by email.

Recent Posts

  • Running a big publishing house is not as much fun as it used to be
  • Google knocked us out for a couple of days, but we’re back!
  • When a publisher might not do as good a job as a self-publishing author
  • What the ruling against the PRH-S&S merger means for the publishing business
  • “Automated ebook marketing by Open Road; can anybody else do it?”

Archives

Categories

  • Atomization
  • Authors
  • Autobiographical
  • Baseball
  • Chuckles
  • Climate Change
  • Community
  • Conferences
  • Digital Book World
  • Direct response
  • eBooks
  • Enhanced ebook university
  • General Trade Publishing
  • Global
  • Industry Events
  • libraries
  • Licensing and Rights
  • Marketing
  • New Models
  • Politics
  • Print-On-Demand
  • Publishers Launch Conferences
  • Publishing
  • Publishing History
  • rights
  • Scale
  • Self-Publishing
  • SEO
  • Speeches
  • Subscriptions
  • Supply-Chain
  • Technology
  • Unbundling
  • Uncategorized
  • Vertical

Recent Posts

  • Running a big publishing house is not as much fun as it used to be
  • Google knocked us out for a couple of days, but we’re back!
  • When a publisher might not do as good a job as a self-publishing author

Pages

  • Blog
  • Consulting
  • In the Media
  • Clients
  • About Us

Follow Mike

  • Facebook
  • LinkedIn
  • Twitter

Search

Copyright © 2023 · eleven40 Pro Theme on Genesis Framework · WordPress · Log in