Why Do eBooks Cost So Much? (A Publisher’s Perspective)

At least once or twice a week someone asks me, “So why do eBooks cost so much?” This is a fair question. After all, digital publishing eliminates the costs of physical manufacturing and distribution. What expenses do publishers have left?

3D Rendering of the Word “eBook” Using Conventional Type - Photo courtesy of ©iStockphoto.com/Franck-Boston, Image #12661284

As it turns out, plenty.

An Interview with Andy Stanley

Andy Stanley is one of my very favorite authors and speakers. I listen to his monthly leadership podcast and read everything he writes. Last week, we released his newest book, The Grace of God.

Book Cover for The Grace of God by Andy Stanley

In case you don’t know, Andy Stanley is the founder of North Point Ministries (NPM), one of the fastest growing and most influential Christian organizations in America. Each Sunday, over 20,000 adults attend services at one of NPM’s three campuses in the Atlanta area: North Point Community Church, Browns Bridge Community Church, and Buckhead Church.

How Publishers Are Using Book Trailers to Sell Books

Publishers are increasingly using “book trailers” to raise awareness for their books. We are certainly using them here at Thomas Nelson. For some projects, they are very, very effective.

Yesterday, we held our Quarterly Team Meeting at Thomas Nelson. This is a meeting with all our Nashville-based employees. In the meeting, we report on our most recent quarterly performance, recognize our top performing divisions, preview a few of our “coming attractions,” and then hear from one of our authors. (Yesterday, we heard live from Emerson Eggerichs, author of Love and Respect.)

Great Product Is the New Marketing

It used to be that great marketing was the difference that made a good book a bestseller. As a publisher, all you had to do was demand sufficient shelf space in the bookstore, get your author on some big-time media shows, and then spam the target audience with advertising messages until they succumbed and bought the book.

People Waiting to Buy the New iPhone 4

In the old world, if the book succeeded, it was because it was an obviously brilliant book. If it failed, it was because the publisher didn’t spend enough on marketing.

The Amazon Kindle 3 After Almost a Month

Almost a month ago, I video-taped the unboxing of my new Amazon Kindle 3 and posted it here on my blog. I shared my initial impressions. However, after using it for almost a month, I wanted to share my thoughts here in a little more depth.

Amazon Kindle 3 in a Hand

I should start by saying a few words about the iPad. I have pretty much set it aside. Why? Two reasons.

In Defense of Self-Help Books

This is a guest post by Alicia Hope Wagner. She is a novelist, devotional writer, and poet. She blogs at Faith Imagined and is active on Twitter.

I once heard a person say in a disdainful tone, “I don’t read ‘self-help’ books.” With this seemingly innocuous verdict, he slammed the door on a multitude of voices eager to push him to God’s best for his life. He severely limited his exposure to wise counselors and leaders available to him. And he drew a curtain across a world of extraordinary and supernatural influence.

A Young Woman Reading Alone - Photo courtesy of ©iStockphoto.com/Maica, Image #12887821

Photo courtesy of ©iStockphoto.com/Maica

I wanted to argue the point, but the task was too daunting for a moment in passing. The sad truth, though, is that many people share this man’s opinion: They don’t need to read books written by people whose sole focus is to edify, encourage and motivate them. In effect, what these people are suggesting is that they don’t need mentors.

In Defense of Books

Over the past few months, I have been doing a lot of thinking about reading—particularly about reading books. This was brought to my attention again last week when I interviewed Dr. Ben Carson for a series of video broadcasts on the topic of leadership, which I did for the Chick-fil-A Leadercast.

The iPad: An Elegant Solution in Search of a Problem

Make no mistake about it: I am an Apple fan. I own several Mac laptops, iPhones, and iPods. I even bought an AppleTV—and love it. When the iPad was announced, I watched Steve Jobs’ announcement and the online Guided Tours. I ordered one the first day I could do so. I purchased the 64GB WiFi (non-3G) version.

The Future of Publishing

Yesterday, I stumbled across an incredibly simple but brilliant video about the end of publishing. It was produced by the marketing staff at Dorling Kindersley, a division of Penguin Group, for a recent sales conference. It talks about why Generation Y (those born between 1977 and 1994) thinks that books are dead and boring.

Why Authors, Agents, and Publishers Should Embrace Google Book Search

Since Google introduced its Book Search program, we have been fielding questions from authors and agents. They are concerned that Google has scanned their books and the results are showing up in Google search. The primary concern is that consumers will not buy books because. Why? Two reasons:

The O’Reilly Tools of Change for Publishing Conference

I have spent the last three days at the O’Reilly Tools of Change for Publishing Conference in New York. This conference is designed to address the issues related to publishing and technology. This was my second year to attend. Five of my colleagues from Thomas Nelson accompanied me.

Some Thoughts on eBook Pricing

One of my primary sources of information about the book publishing industry is Publishers Lunch Deluxe. It is published every workday by PublishersMarketplace as part of its premium membership service. If you are an author, agent, or publisher, it is must reading.

Do Authors Really Need to Promote Their Own Books?

This is a guest post by Mary DeMuth. She is an author, speaker and book mentor with eight published books, including her most recent, Thin Places. Mary also mentors writers on her Wanna Be Published blog. She is also active on Twitter. If you want to guest post on this blog, check out the guidelines here.

Recently I received a correspondence from someone who felt I over-promoted my writing. Here’s what the person wrote:

My Dream iPad Book Application

Recently, Seth Godin blogged on his dream iPad app. I thought I would follow suit and talk about something near and dear to my heart: my ideal iPad book application.

Top Ten U.S. Book Publishers for 2009

Every month, I review a set of market share reports prepared by one of our internal analysts. While the data behind these reports are not perfect, I do believe they represent the best view of the book publishing market currently available. As a result, even though it’s been almost two years since I posted a high-level summary of the data, I thought it would provide you with some insight into our industry.

7 Ways To Build Your Online Platform From Scratch

This is a guest post by Chris Tomlinson. He is the author of Crave: Wanting So Much More of God and blogs at Crave Something More. He and his wife, Anna, live in Northern Virginia. If you want to guest post on this blog, check out the guidelines here.

So You Can’t Seem to Land an Agent—Now What?

In the past three weeks, I have received several email messages from individuals trying to get published. They are frustrated because they can’t get an agent to represent them. Yet, they know that most publishers, Thomas Nelson included, won’t consider proposals unless they come through an agent. If you find yourself in this situation, read on.

12 Gift Ideas for Aspiring Writers

About ten days ago, I posted 12 Gift Ideas for Aspiring Speakers. Since I am the Chairman of a publishing company, several people wrote to say, “What about writers? What do you suggest for them?” So, I pulled together a list of my best gift recommendations.

The End of Book Publishing As We Know It

A few days ago, I watched a video demo of the “SI Tablet” (see video below), a new eBook device developed by Time, Inc. and The Wonderfactory. It demonstrates how a touch screen, portability, and the convergence of text, audio, and video can create unprecedented opportunities for content providers. Frankly, it is the most compelling media device I have seen yet.

Five Features I Want in My Next eBook Reader

I bought the Kindle 1. Then earlier this year I bought the Kindle 2. I was enthusiastic about both devices. But after nearly two years of using them on a regular basis, I have to admit, I still prefer bound books.

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