Monday debate: Ebooks – are they worth it?
The ebook market in 2005 was worth $11 million U.S. dollars* and if growth trends continue should break $15 million in 2006. A multi-million dollar industry then, but still small fry. A small UK publisher with 11 staff and producing 100 titles a year has approximately this turnover.** The ebook market in 2005 published 5,000+ new titles. It doesn’t take a genius to work out that there’s less in the total pot per title. My ebook has brought in a few pennies. Kate Johnson, aka Cat Marsters, tells me her etitles earn significantly better. So what’s in it for the epublished author? Riches, if you promote? Or is the cost of promotion too high for the possible returns? * Source: International Digital Publishing Forum ** John Blake Publishing