Ebook Spending on the Rise

shutterstock_71526691In 2012 ebooks accounted for 11% of all book spending, according to a recap in Publishers Weekly of Bowker’s findings on consumer book-buying trends. That’s up from just 7% in 2011. In units, ebooks comprised 22% of last year’s sales.

A recent U.K. report, The Publishers Association Statistics Yearbook, mirrors this finding. The yearbook shows that 12% of book sales in those countries were digital.

Consumer behavior is increasingly steadier when it comes to ebooks. “The ebook market is maturing and becoming more predictable,” said Len Vlahos of BISG at the 2013 Digital Book World Conference + Expo.

And for now, growth continues.


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The rest of the day’s top news:

Young Chinese Readers Say Ebook Quality is Low (Pub Perspectives)
A survey by China Youth Daily found that over 88% of respondents read novels online. But only 20% were satisfied with ebook quality. Better news: another survey found that the average number of ebooks that consumers in China are reading is up 65% from last year.

Barnes & Noble Needs Ebooks (Dear Author)
The company’s main advantage over Amazon is its well-branded physical stores. But even if Barnes & Noble sells Nook Media, it will need a relationship with ebooks to survive.

iPad Tops Q1 Tablet Shipments (Good E Reader)
Reports confirm that Apple shipped 19.5 million tablets in Q1. Tablet shipments overall have seen a year over year increase but a decrease from Q4 of last year.

As Ebook Sales Take Off at Counterpoint, CEO Steps Aside (PW)
Charlie Winton, chairman, CEO, and publisher of Counterpoint LLC, stepped aside earlier this month. Sales were up for Counterpoint 30% in 2012, thanks in large part to ebook sales. The publisher projects that, in 2013, ebooks will be up to 30% of sales.

Scale, a Powerful Publishing Tool (PubLunch)
Using resources to a strategic advantage is key to a publisher’s success. F+W Media (the parent company of DBW) leverages ecommerce communities to effectively serve over 20 niche markets. An upcoming PLC event will look closely at scale.

Ebooks Attract News Organizations (Poynter)
Many prominent news media organizations are creating ebooks in-house. And, they’re finding success on national best-seller lists as well as in the educational market.
Related: Soon, Most People Working in Publishing Won’t Be Working at Publishing Companies

Publishers Using BooXtream Can Sell DRM Ebooks on Kindle (The Digital Reader)
The Dutch start-up is providing digital watermarks that identify the customer. This sort of DRM doesn’t impact user experience or control how the file can be used. With watermark technology publishers can sell DRM ebooks directly to Kindle users without going through the Amazon ebookstore.

What Would Thoreau Do? (Tech Chrunch)
Would Henry David Thoreau have taken a tablet device to Walden? One commentator uses that sort of question to test the usefulness of new technologies.

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Image Credit: spending money image via Shuterstock

CATEGORIES
DBW Daily, Industry News
DeannaUtroske

About DeannaUtroske

Deanna Utroske is the Content Producer at Digital Book World and an active member of New York Women in Communications, where she serves on the Integrated Marketing & Communications Committee. Previously, Deanna worked in the editorial office of Signs: Journal of Women in Culture and Society, a publication of the University of Chicago Press.

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  1. Pingback: Are books your bag? | Clare Mackintosh

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