The survey also looks at how the e-book industry fares by genre. The adult fiction market saw spectacular e-book growth in 2011, up from 2.8% of purchases in the four weeks ending 26th December 2010 to 12.5% in the four weeks to 27th November 2011. But again, as e-books are being bought for lower prices, they accounted for only 7.1% of adult fiction spending in the latest period

via Bowker – British Book Buyers are Switching to “e” from Print and Spending Less.

Let’s start with the increase. From 2.8% of purchases to 12.5% of purchases that an increase of 346%.

Not bad going, especially when you consider the report doesn’t include the key Christmas period. That’s the same period by the way that saw Hachette, HarperCollins and Random House each sell over 100,000 ebooks on Christmas Day alone.

That suggests strongly that the 500% increase suggested by at least one UK publisher and referenced by The Bookseller’s Philip Jones in the excellent Futurebook email newsletter:

Were e-book sales in the UK worth £105m in 2011? That was the figure implied by Hachette UK when it stated last week that its e-book sales of £21m amounted to a 20% share of the UK e-book market. Hachette added that its own e-book sales had grown by “nearly 500%”.

We do not know if Hachette’s figure was stated at invoiced or published prices, and whether it included audio-book downloads and/or app sales, but either way it seems unlikely that Hachette’s own e-book growth will not have been reflected in the wider e-book market, meaning a second year of growth at 500%.

Jones has much much more of value in that newsletter this week so I encourage you to go read it. As Jones points out, if that £105m is correct and the market grows at a similar pace in 2012, that would bring digital sales to £500m and around 30% of the market! Pretty impressive growth.

Of course as I pointed our earlier this month, as ebook sales increase the have to overcome larger hurdles to show such large percentage gains. I’m not sure 2012 will deliver that in the UK, but it sure will be fun to find out if it can.

Eoin

But for publishers, these possibilities extend the technical skill level required to create market-wowing products. EPUB 3.0 has great bells and important whistles, but you’re going to need actual software-development skills in-house to use them properly. In other words, ebooks just took a big step towards becoming software, rather than elaborate text files.

This is huge for publishing businesses, many of whom are only beginning to get their teams’ heads around reflowable text. Add the need to cost for a software development process to compete in, say, the college market, and you’ve got instant editorial heart failure.

via New EPUB spec gives tech companies the edge | Arthur Attwell.

Sure that’s an alarmist perspective but it’s one worth planning to avoid!

Eoin

More significantly, by electing not to print a book at all, these so-called legacy publishers put themselves in danger of losing the very thing that defines them. What profiteth a publisher to gain the world and lose its soul? Today Random House is a completely different species from independent e-book publishers like Open Road.  But by becoming a pure e-book publisher, the playing field is leveled, and the difference between Random House and Open Road becomes simply one of scale.

via For the First Time In History, Print Is Optional. Now What? | Publishing In the 21st Century.

I honestly struggle to see the point of such articles. Shock horror they seem to say, people read the same crap they read in print form in this new digital form:

There is a literary snobbishness at play here, clearly. Reading has always been a competitive sport. Why else would anyone have read Ulysses? Consider those boys who read ostentatious poetry to pull winsome girls; the girls who read Vanity Fair to let the poetical boys know that they are clever and minxy.

The reading public in private is lazy and smutty. E-readers hide the material. Erotica sells well. My own downmarket literary fetish is male-oriented historical fiction histfic. Swords and sails stuff. Im happier reading it on an e-reader, and keeping shelf space for books that proclaim my cleverness.

via Ebook sales are being driven by downmarket genre fiction | Media | The Guardian.

HarperCollins imprint The Friday Project has acquired more than 50 titles by prolific author, and former Bookseller columnist, Brian Aldiss.

Publisher Scott Pack bought UK and Commonwealth rights in the titles—comprising literary fiction, sci-fi and non-fiction works—as well as Aldiss—entire short-story archive from Gordon Wise at Curtis Brown. The acquisition also includes six new titles, which The Friday Project plans to publish in e-book and print editions over the next four years.

via Friday Project buys Aldiss backlist | The Bookseller.

For one:

According to new data from Bowker and the Book Industry Study Group, the number of book buyers who also purchased an e-book increased by 17 percent in 2011, compared to 9 percent in 2010 – well below the 25 to 30 percent growth that some had hoped for.

When I read this as ‘the number of book buyers who also bought a book rose from 9% to 17%’ it looks like an 89% increase in book buyers who also bought ebooks. Sure it wasn’t the 175% or 250% increase (as would be the case if the figure reached 25% or 30%) as some people seemed to expect, but it is still reasonable. For the record, I read it that way following a Twitter exchange with the author Laura Hazard Owen (who has been writing some great pieces on the publishing and digital change):

@eoinpurcell it's from 9% to 17%. I will fix piece if that's not clear!

—
Laura Hazard Owen (@laurahazardowen) January 25, 2012

Then there is the section that says:

Seventy-four percent of book buyers have never bought an e-book (and 14 percent of those actually own an e-reader or tablet but choose not to use it to read e-books).

Parse that for a moment. 26% of book buyers HAVE bought ebooks and 14% of 76% (10.5%) also  HAVE ereaders but don’t use them. Which means that circa 36.5% of book buyers have ereaders though they may or may not use them. Meaning, that while ebook purchasing might not have spread as widely as we thought, ownership of devices seems to be spreading pretty well.

Finally there is this startling statistic:

There’s a bright spot for e-book growth: Around 7 to 12 months after buying their first e-book, 72 percent of power buyers switch over to e-books exclusively.

Which reinforces the idea I’ve been pondering for a little bit, that this current phase of ebook development is about making heavy readers, heavy ereaders.

It is the reason why B&N needs to keep Nook locked into its stores and indeed why B&N has been so successful at gaining market share, because it was converting exactly the right people BOOK BUYERS into ebook buyers. It is why Amazon’s efforts are targeted at converting their best book buyers into digital readers hence their seemingly crazy popularization of the $9.99 price point (which I might add I liked, but hey) and why a broader strategy for converting light readers might not make sense just yet.

Getting ereaders into the hands of medium and heavy readers and encouraging them to use them EVENTUALLY is the key for now. There’s a whole different battle to come once that happens. Won’t that be fun?
Eoin 

By which I mean if the ebook market is worth $1 million then to double it need only increase by $1 million however when the market is $100 million it needs to increase by $100 million to double and when it is a $1 billion it must grow by a full $1 billion in order to double. Needless to say whereas $1 million in increased sales is hard to find, $1 billion is considerably harder.

On top of that, there is a real need to break analysis into markets to account for different market conditions. The UK is not the US and Ireland is not the UK. What’s more a UK publisher must react to UK market conditions. This has echoes of some of my thoughts about different rates of digital change from 2010. For instance, the UK is in the midst of a huge shift to digital BUT that shift has really happened over the last few months. 1.3 million ereaders were sold over the Christmas period and the UK market has as a consequence flourished since December.

Which makes the Quercus numbers all the more interesting. In 2011 digital sales accounted for 11% of their revenue, but grew 270% in December 2011 when compared to December 2010 promising a nice digital year in 2012.

We continue to benefit from our significant investments in digital publishing and marketing, website development and social networking. For the year as a whole, Quercus generated approximately 11% of its income from digital revenues, while the growth in ownership of eReading devices over the Christmas period contributed to an increase in eBook sales of 270% in comparison with the previous December.

via Quercus Christmas trading update | Quercus Books.

It’s entirely possible that many of those ereaders will remain idle, many will fall out of use, but enough will remain active to shift yet more readers who were once print dedicated into either digital dedicated reading or hybrid print/digital status. If those readers are heavy readers (as I suspect they will primarily be, after all why give someone who reads one book a year an ereader?) that will shift considerable numbers of digital units in 2012.

So the UK situation is very different to the US situation. We should avoid blanket statements.
Eoin 

In one room, a virtual wallpaper of Nook color devices hangs in rows neat as a checkerboard. A common area holds a foosball table and a cooler of VitaminWater. Some of the walls are made of silver-colored mesh. Some of the cubicles are lime green.

via Barnes & Noble, Taking On Amazon in the Fight of Its Life – NYTimes.com.

Sounds like Google or Facebook or a dozen other tech start ups no?

Print power buyers make up 22 percent of the overall print book-buying population, and they drive 53 percent of print book purchases overall.

Meanwhile, e-book power buyers make up 35 percent of the overall e-book buying population, but they drive 60 percent of overall e-book purchases. In other words, about a third of the overall buyers drive two-thirds of overall purchases. Casual e-book buyers “are not pulling their weight” compared with casual print book buyers, Gallagher said.

via E-Book Bummer: Growth Slower Than Thought—‘Incremental, Not Exponential’ | mocoNews.

Hachette Ireland has promoted commissioning editor Ciara Doorley to the position of editorial director, effective immediately.

via Doorley new Hachette Ireland editorial director | The Bookseller.