Anita Lovett gives an overview of the e-Book market in 2014 and prepares a guide for the new year. The literary market share of e-books continues to grow, and Forbes reports that e-books “have dominated 30 percent of 2014 book sales”. E-book sales have expanded to more than 45 times larger in the past five years, with people’s willingness to buy e-books “on the rise”. Lovett then highlights 5 major details that authors and publishers should pay attention to, in order to succeed in the e-book market in 2015: book cover design, book description, book reviews, genre identification, and extensive revision and editing.
In addition, Darrick Dean holds a discussion about whether Book Price Wars will be the “publishing battleground” in 2015. Some are concerned with the situation where traditional publishers will lower prices in their competition with indie authors. However, Dean argues that first of all, “there is always competition” regarding book pricing; the key is to connect with audiences “with a strong, quality product.” With traditionally published books going cheaper, the authors earn a lower profit, which is why indie authors still have some advantages. He ends the discussion with a particularly thought-provoking sentence: “There’s room for all publishing models, but we are seeing a settling of which is good for whom.”
Image Credit: Anita Lovett & Associates