Speaking of buying lots of Kindle e-books, here’s an interesting story from Eli James:
Amanda Hocking is 26 years old. She has 9 self-published books to
her name, and sells 100,000+ copies of those ebooks per month. She
has never been traditionally published. This is her blog. And
it’s no stretch to say – at $3 per book/70% per sale for the
Kindle store – that she makes a lot of money from her monthly
book sales. (Perhaps more importantly: a publisher on the private
Reading2.0 mailing list has said, to effect: there is no
traditional publisher in the world right now that can offer Amanda
Hocking terms that are better than what she’s currently getting,
right now on the Kindle store, all on her own.)
Disintermediation, disruption, and independence.
Update: USA Today reports that Hocking sold 450,000 books in January alone.
★ Monday, 28 February 2011