Digital publishing should be leading a revolution in publishing bringing great books to the masses – but this is stalling due to price.

Allen Lane, the founder of Penguin, introduced paperback novels in 1935 with the intention that books should cost no more than a packet of cigarettes.

I don’t buy cigarettes, but my friend Google tells me in the UK they cost a bit less than £6.50 for a pack of 20.

Second on the Amazon best selling book as I write is by Bradley Wiggins, the paperback costs £7.19 from Amazon (RRP £7.99)  while the Kindle edition costs £6.29 (and the reason I have selected 2nd on the best seller list is because first doesnt appear to have a Kindle edition thanks Jamie Oliver)

So the paperback costs more than the cigarettes, while the digital edition costs marginally less than they do.

Let’s think about this for a minute – the difference between a paperback and the Kindle edition is 90p.

That 90p must account for the cost of printing, the cost of paper, the cost of shipping, the cost of storage and possibly other costs I am not factoring in. And bearing in mind publishers sell to retailers at least 50% discount for paper books, then we should be looking at 45p as being the cost of each of those things.

While the Kindle edition is some data uploaded to Amazon who then download it after the customer purchases. Quite often the data is a couple of megabits which if it costs anything at all to store and transmit, cannot be more than a few pence.

So why does a couple of MBs of data cost not much less than a paperback (with all the costs of printing, transporting and storing) ????

I don’t know what is going on in the offices of big publishing houses across the planet, so I hesitate to say this is all about profiteering – they may have a legitimate reason – which I would really like to hear (feel free to comment to explain yourself if you work at a big publishing house).

However, what I do know is I have four books available on Amazon* – three are almost out of print as paperbacks (and the publisher doesn’t plan to print anymore as they will be available forever on Kindle) – but all are available in Kindle.

The paperback prices are in the range you would expect as compared to books from other publishing houses. But, the Kindle editions all retail at £1.92 (which is based on the US price of $2.99 which I understand is the minimum price you can put on a Kindle book). 

I mention the prices of my books primarily to make the point I am practicing what I am preaching (and if Amazon removes their minimum price I think they would go down again – publishing to a literate world should be about volume of sales not price per unit – the industry values best sellers (not highest priced sellers) after all.

Market forces will win out and the big publishing houses will flourish or not in the digital era. But keeping prices more or less the same for paper objects compared to couple of MBs downloads is probably not sustainable – look at what Apple has done to CDs with iTunes at 79p a track. Look at what Netflix and others are doing to movie and box set DVD sales.

The digital revolution is here and if the old publishers cannot change the price then new ones who will change the cost and the business model to compete will rise up and take their place – it is how the market works.

 

*My books available on Kindle:

The Joy of Ex

Fragments

UHF Shadow

The Great Wide Open

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UHF Shadow, one of my older novels, written in 2000 / 01 is now available to buy:

http://www.blurb.com/bookstore/detail/1537046

You can also look through some preview pages at this link.

The back page blurb says:

“Ever felt like you were not quite tuned into the rest of the world?
Do you watch things happen all around you, but whatever you do, none of your actions seem to make any difference in the world?
Do people mistake you for someone else, think you are someone they should know, should care about?
Have you ever felt like the only impression you have made on this planet is your name being tattooed on the backside of your first lover?
Ever felt like you were the UHF Shadow you get behind people on a television set which is not quite tuned in fully?
This novel is for anyone who has ever felt out of place in the world, out of tune with reality, or like a child wearing grown ups clothing.”

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