My Writing Week: Issue 5, Year 5.
Hi all, I thought it was about time that I checked what was happening with the price of ebooks on Amazon. While there, I discovered the Kindle Lending Library which could be a total game changer in the publishing industry. Earlier in the week I read a blog post by an anonymous traditional publisher that said most of his colleagues are in denial about the effect Amazon with have on their businesses Ebooks Getting Cheaper . I just checked the top 100 bestselling ebooks on Amazon. 34 were 99c, seven were $1.99, 32 were $2.99, four were $3.99, 5 were $4.99 and four were $8.99. No other price had more than two ebooks. There were only six priced above $8. In August, the last time I checked, 41 of the top selling ebooks were 99c and only four were $2.99. Four were also $1.99, and 22 were more than $8. So the overall downward trend in prices continues. The increase in the number of bestsellers at $2.99 from four to 32 is interesting. Amazon, the last I heard, only gives aut...