The burgeoning ebook market in Great Britain has found a home on Amazon. Kindle dominates the market, which is not surprising. It also isn't surprising that 61 percent of these books are free - meaning, they are self-published through Amazon's KDP Select program.
This is bad news for publishers trying to break into the ebook market. If two-thirds of the ebook reading public expect to read a book for free, how likely is it that they are going to shell out the type of money that publishers charge for ebooks?
It is both good and bad news for self-published writers. The good news is that readers are enthusiastically downloading self-published ebooks. The bad news is that they aren't paying for them.
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79% of UK Consumers Use Kindle
Source: MediaBistro, September 13, 2013 10:34 AM
By Dianna Dilworth
Seventy percent of UK consumers use Amazon to download eBooks, according to a new report Ofcom and Kantar Media. According to the report, which looked at media consumption in the UK March-May 2013, Kindle dominated as the service used to download or access eBooks in the past three months. Apple held a very distant second place with 9 percent of UK consumers using it to download eBooks. A Google Search and eBooks.com tied for 4th and 5th place at 6 percent of consumers using these channels.
The report also examined the digital versus print downloads and revealed that during the three-month period, 58 percent of all books sold in the UK were print and 42 percent downloaded were eBooks. The study found that 61 percent of eBooks were free and only 39 percent cost money.
Eighty-three percent of these free eBooks were consumed legally and 17 percent were consumed illegally. Here is more from the report: “We estimate that 7 million e-books were consumed illegally online in the past three months – equating to 4% of all books (downloaded, accessed online, or bought in physical format)."
This is bad news for publishers trying to break into the ebook market. If two-thirds of the ebook reading public expect to read a book for free, how likely is it that they are going to shell out the type of money that publishers charge for ebooks?
It is both good and bad news for self-published writers. The good news is that readers are enthusiastically downloading self-published ebooks. The bad news is that they aren't paying for them.
..................................................................................................................................
79% of UK Consumers Use Kindle
Source: MediaBistro, September 13, 2013 10:34 AM
By Dianna Dilworth
Seventy percent of UK consumers use Amazon to download eBooks, according to a new report Ofcom and Kantar Media. According to the report, which looked at media consumption in the UK March-May 2013, Kindle dominated as the service used to download or access eBooks in the past three months. Apple held a very distant second place with 9 percent of UK consumers using it to download eBooks. A Google Search and eBooks.com tied for 4th and 5th place at 6 percent of consumers using these channels.
The report also examined the digital versus print downloads and revealed that during the three-month period, 58 percent of all books sold in the UK were print and 42 percent downloaded were eBooks. The study found that 61 percent of eBooks were free and only 39 percent cost money.
Eighty-three percent of these free eBooks were consumed legally and 17 percent were consumed illegally. Here is more from the report: “We estimate that 7 million e-books were consumed illegally online in the past three months – equating to 4% of all books (downloaded, accessed online, or bought in physical format)."
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