Self publishing & the e-book: B&N buys an e-book retailer

I’ll step in to what might be controversy here, but what the heck.

Typically, e-books have not been a large source of revenue for self-published authors. At Dog Ear Publishing, our self published authors have almost never seen sales from an e-book amount to even 1% of their print product.

So, it was with interest that I read the release from Barnes & Noble about their acquisition of Fictionwise.com and eReader.com, (both owned by the e-book retailer Fictionwise Inc.) for $15.7 million in cash.

The Barnes & Noble release states that it “plans to use Fictionwise as part of its overall digital strategy, which includes the launch of an e-bookstore later this year.” No word was mentioned if this is a response to the Amazon Kindle product – from what I could tell, most of the books on the Fictionwise “Bestsellers” list don’t support the Kindle MOBI format…

Could this perhaps initiate some sort of growth in the e-book market? I’m not sure – at least for conventional titles such as fiction – but it is an interesting market strategy for B&N.

A bit of a left-turn in this conversation: Take a look at the Fictionwise “Bestsellers” list- and check out the incredible disparity in price for the e-books… along with the fact that the number one bestseller isn’t from one of the traditionally large houses and they are only charging $7.00 for the e-book. A bunch of the bestsellers are only $1.00. Could these publishers be using the e-book as a book marketing tool?

Is it time to reconsider the e-book?

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