Showing posts with label ebook. Show all posts
Showing posts with label ebook. Show all posts

Friday, September 25, 2009

The Kindle part 8 - The Future of Digital Readers

The Kindle is an electronic book reader produced by Amazon.

No! The series isn't over yet.  I wish it was but I have a few more pots to tip over.  Following closely on the heels of my middle-of-the-road, everybody wins Part 7 "gem" I bring you the other side of the coin:

Electronic books aren't going anywhere.

Question: Do you have any idea how much just the US spends on books?  I don't, but it is a lot.  Ok.  Fine.  I will actually use some of my powers and do a spot of research.  (No one said this was going to involve research.)

Answer: $25 billion in net sales of books by US Publishers in 2007 (according to statistics collected and presented by the Association of American Publishers)

Rest assured the marketing guys and gals at Amazon and Sony have a clear idea as to the size of the money pot.  As long as capitalism is singing loud and strong a commodity market with that kind of market capacity is going to see epic battle after epic battle.

So...Supply and Demand.  That's it, honestly.  Everything about this industry is going to play into that single bullet point.  There is a demand because the device is:

  •     Fast,
  •     Convenient,
  •     Sexy,
  •     and Slick.

What is the difference between Sexy and Slick? Sexy - other people notice it and you notice them noticing.  Slick - the damn thing works and works well.

All of that demand rolls right around to supply.  The consumer mouth is open wide and the corporate shovels are tossing in coal as fast as they can.

Do you remember your first mp3?  I do not.  The concept of digital music is so drowned in the sea of ubiquity I cannot pull memories from its murky depths.  We are becoming anesthetized to the concept of digital print.  And, there are more entrants to the field than Amazon and Sony.  Say hello to the Royal Phillips Electronics' e-reader:

The iRex DR800SG

This contender is backed by Best Buy, Verizon, and Barnes & Noble.  It supports the open e-pub format (ala Google Books), it has a touch screen and some other crazy competitive features sure to start the next round of ebook wars.  Now we have three major players in a multi-billion dollar market.  Competition breeds choice and innovation.  This is capitalism, this is consumerism, this is a winning battleground for the customer.  E-books are here to stay.

Wednesday, September 2, 2009

The Kindle part 2 - A cost analysis

The Kindle is an electronic book reader produced by Amazon.

The Kindle is not an inexpensive device. When I purchased mine I shelled out $400. Currently, it is down to $299. When the Kindle 2.0 hit the shelves, the desire to possess one burned within me. However, the device is not for everyone. At its core, the Kindle is a luxury and some might argue that it is a status symbol. There are people for whom the Kindle has little allure. I am not one of these people, but they exist. Like all consumer electronics and the lifestyle they either accessorize or promote, there are hidden and not-so-hidden costs.

"I went shopping for some books today," my friend proclaims as we settle in for a delicious night of sushi out and about in Old Town Alexandria.

"Did you find anything you wanted to read?"
I have my follow up questions set to fire. Her fractious combination of shopping and non-possessiveness has always astounded me.

"A few titles,"
she replies and tells them to me. I do not remember what they were but I had not read them.

"So....",
I begin, hoping the mischievous twinkle I felt should be in my eye actually was sparkling away. "I thought you were not allowed to have anymore books in your house?"

"Oh well...that's easy...something has to go,"
she grins. "Four books for as many dollars." And then proceeds to take a bite of her five dollar nigiri.

I've asked my friend for the particulars of her system and have shook my head in amazement at her ability to actively prune her collection. There are surprisingly few books in her home that have tenure track status. And a large number of her transitory books are acquired for less than two dollars. She doesn't burn with the same need to possess as I do and she has incredibly interesting and not too complex rules (once you examine them) about the value of money.

The Kindle is not a good match for her.

When I was a teenager, one of my big birthday presents every year was a season pass to the nearby ski resort. The challenge every year was to go at least the number of times necessary to "break even" on the pass. I always did, and once I had passed that mathematical boundary, I felt like I was skiing for free. The initial buy-in for the Kindle is similar. The break occurs with the discount found on most books (Hey Scalzi, what gives?). So, theoretically, if I purchase enough books, the device "pays for itself". Technically true...however...

I bought my Kindle in April of 2008. The Kindle 2 came out in the Fall of 2008. I decided that, if I had "saved" $300 on book purchases I would upgrade and eat the extra $100. I did the math...and was barely breaking $75. No new Kindle for me. On the other hand, I had saved $75 !!

But did I?

I have no data to show it and I have no method to extrapolate it, but I wonder if my rate of new book purchases is significantly greater now than when I did not have the device. I know...I flat out know...that I am purchasing and reading more books. The convenience factor is just too big when reading a series to move from one to the next immediately. But is the difference in my consumption now, versus a year ago inside the typical 20% discount on purchases? I have my doubts.

In my opinion, based on observation of one subject (myself), the presence of the Kindle drives me to purchase more books and to purchase books I might not have found skimming through my local bookstore.

My friend from the story above does not buy new books, or if she does, it is a rare event. She makes use of her library and she enjoys digging through inexpensive paperbacks at used book stores. I used to do that as well (the digging; even though I am a librarian, I don't use my public library for books).

So far, I have focused solely on books via the Kindle. There are many more types of materials available. The selling point for one of the confirmed sales I spoke of in part 1 was her ability to get the Economist delivered to her Kindle. And she does, and she reads it, and she loves it (and two days ago I showed her how to get her text to speech active for it). There are numerous blogs, magazines, and newspapers that can be delivered directly to your Kindle for a free.

Currently I subscribe to no pay services.

It is not for a lack of content. The amount of pay content is stunning. But I do not use my Kindle that way. My Kindle is read while waiting in line, falling sleep, lying on the couch, or waiting at red lights (yes...I know...that is not a good thing...I am aware that it is, in fact, a stupid thing. If my authors weren't awesome, perhaps I wouldn't have this problem. Hey Scalzi, what gives?). I do not need a subscription to a newspaper, that is why I have Google News. I do not need paid delivery for the various blogs I read, that is the purpose of the first 30 minutes of my work day. However, it is important to realize that for many Kindle users, these ongoing subscriptions are rolled into their cost and their value proposition. They are never going to "ski for free". But then again, I don't think I will either.

The Kindle 2 is currently listed at $299. That is a damn sexy number for consumer electronics. That number combined with the thought collecting I have been doing for Fading Interest this month made me pull out my xls sheet (conveniently named Kindle Math.xls) and update it.

The latest entry reads:
Date 24-Aug-09
Order # …
Title Just a Geek
Price $9.99
AdjPrice $16.99
Savings $7.00
Cumulative Savings $228.70

Since April of 2008 I have saved $228.70 in book purchases that I may or may not have made if I did not have the Kindle. Odds are low that I would have discovered some of the authors I have found in the past year, but that is a conversation for another day. Nearly $230 saved...nearly $300 to upgrade. The trend line of my data says $300 saved on May 10th, 2010...or I could just buy the damn thing now. Even if I waited until May 10, I will still be $100 below what I paid for the device. I will not be skiing for free for a long time yet, if ever. Plus, once I upgrade, the lure of paid content will be strong. My friend with the Economist is delighted with her choice. I might even be able to convince my manager that reading headlines on my Kindle was work related. But the point remains that the Kindle and the lifestyle that comes with using the device, the choices that are made because it exists in your world, mean that the economics will never take you back to positive territory. The Kindle remains a product for a consumer. It is a luxury and a wonderful target for disposable income.

My conclusion for you today is this: do not use the financial cost involved in obtaining and living with a Kindle as your sole reason to have or have not. Take a deep look at how books, magazines, blogs, newspapers, and other rich content touch your life and decide on the level of luxury you want when experiencing it.

Monday, August 31, 2009

The Kindle part 1 - The elevator speech

The Kindle is an electronic book reader produced by Amazon.

I have owned a Kindle (version 1) since the spring of 2008. Some would argue that it was late in the winter, but at the time I lived in Durham, North Carolina and the sun beamed proudly through all of March that year. In the past eighteen months I have taken it everywhere with me: movie theatres, journeys by airplane, the desolate beauty of the Montezuma Pass, road trips, hotel stays, conferences, conventions, and rides of the genre bus, metro, T, subway, and ferry. A curse upon me for mentioning it, but I have never misplaced it (or my recharge cord). It is stored safely within its default faux leather case and has acquired a signature by someone I respect and a sticker with a snappy saying. The signature is on the gray rubber backpiece, the sticker is on the faux leather cover.

The Kindle draws attention. This is a fact. Young or old, devastatingly beautiful or not, it draws eyes and eager, forward questions. Countless lines at the bank, the cafeteria, the food court, various fast food establishments, and just about anywhere else where I have to queue for more than two minutes. Some encounters are more memorable than others.

The typical encounter begins in one of two ways: either I notice them watching me read or they make an "oh I have heard of that thing but never seen one" noise. Technically there is a third but is merely a variant of the second one with the flavor text being "what the hell is that?" instead. Once this discovery phase is complete I jump in with my pitch.

Amazon should give me some gift certificates. My enthusiastic pitch has sold at least four Kindles (confirmed) and has probably accounted for more.

My pitch (the highlights):

"I love this thing, I have had it for over a year and haven't bought a paper book since I picked it up. I go everywhere with it."

Casually flip the Kindle open and turn off the screen-saver.
Hit the home button and scroll to a random title.
Hand the person the Kindle.

"Try it out. The big buttons on the sides move you between pages. This is the first version. The newest version, version two, has a sleeker profile...yeah...it is even lighter and thinner. Plus the battery is about ten times better."

They ask how long my battery lasts.

"A long time. If I am doing nothing but reading for an entire weekend, I can get by on a single charge and then some. The wireless devices burns it up faster but the new versions have much much better battery performance. I am jealous, the numbers are pretty sick."

At this point they are staring at the device and tentatively hitting buttons. The electronic ink flashes every time they change pages. 

"Did you see that flash? The screen isn't back lit. It isn't an LED. That is electronic ink. Every time you change screens the Kindle writes the new one in place with electronic ink."

Either they ask about reading in the dark or I mention it.

"Well, it isn't back lit so you can't read it in the dark. However, you can read it in direct sunlight. This makes it great for the beach or reading outside at all. You can't do that with an LED screen."

They ooo and aaah for bit and I grind away with my hits.

"So I have found that I read about 20% faster with the Kindle, and I have never had a moment of eye-strain with it. Also you can adjust the font size with a few clicks."

I demonstrate changing the font.

"And, it has a built in dictionary look up. Check this out."

I demonstrate the look up feature. Since this takes a few seconds I also mention that you can annotate notes and make dog-ear marks on any page.

At this point they ask me about the price.

"I think it is down to $299 right now. Plus, I save at least 20% on all of my book purchases. Yes. 20%. More if it is a hard-cover. Well...new release."

The question usually comes up as to the capacity of the device.

"It functions as a 250Mb flash drive, but books are really small. I have about 60 on there right now. I don't know how many I could fit. Hundreds? Probably a lot more. I have a music CD on it right now too, and that takes up some space. Yes, you can play music on the device. The new versions have a text to speech option. You could have it read your book to you."

"You can put all sorts of different files on it. The Kindle will read text files. And it can sort of deal with PDFs. The neat thing there is that you can email a file to your Kindle account and have it transmitted to you for ten cents."

"Most of the books you get on the Kindle are purchased through the Amazon Store."

If my battery charge is high, and I have time, and I know the person, I demonstrate the store. That is a completely different discussion, however.

"Amazon transmits the books wirelessly. It takes about 30 seconds to get it. You can also hook the thing directly into a computer via a USB cable."

And so on and so on. The encounters last anywhere from ten minutes down to an awesome thirty second elevator ride.

DING....wooooosh.

I step onto the elevator. Atlantic City is beautiful in the summer and the blonde on the buttonless side is one of the reasons why. An excited couple are on the button side and one of them leans forward and jams the 'L' button after I step in. Unbinding my Kindle and flicking it open, along with the rapid click-click of the two key combination to free it from its random screen-saver is a smooth and practiced process that I can do without looking at the device.

Snap. Fwip. clickclick.

The electronic ink flashes and I am back into a gem of a title by John Scalzi called Android's Dream. I had started the book a few hours before, poolside, and I was tearing through it at my usual page eating pace.

**5**

"Oh! You have a Kindle!", the blonde exclaims. She has turned towards me with a bright smile and is leaning forward with nearly all of her weight shifted to the balls of her feet. "Do you like it?"

I smile and hold it at arms length so I can point to it.

**4**

"I love it. I have had it about a year and haven't bought a paper book since getting it. I take it everywhere."

**3**

"The battery lasts a long time, I read about 20% faster, and have never had any eye-strain."

"Really?"

**2**

"Yup. And the books are bought wirelessly through the Amazon store. Right off of the device. And they are all about 20% cheaper than the normal price."

"Oh. That is cool."

**1**

DING....wooooosh.

"Well, thanks for sharing!", and I am hit with another bright smile as we exit the elevator and head our separate ways.

"Anytime. Good-bye."


I had a longer but similar conversation with a tourist in DC in the elevator of the Savoy Suites that took the entire descent and spilled into the lobby.

And then there was the wedding party pitch. While puddle jumping from Boston to Raleigh last year, I was joined on the plane by a wedding party of young and stunning men and women, including bride and groom. They may have been returning from or headed for some type of pre-wedding party...I do not recall. After boarding and before the guilt of having a powered electronic device active during takeoff, I had my Kindle out.

Whisper whisper never seen one before whisper whisper...

Fortunately for the ego of the groomsman in the seat next to her, the delightful young woman was casting side long glances at my Kindle. I immediately looked up, smiled, and asked if they would like to see it. The stewardess harrumphed, and I amended my statement to indicate the show and tell would begin after the all-your-outs-are-in-for-free chime shortly into our flight. When the chime hit, my Kindle made the rounds through six pairs of hands and I went through my spiel.

There was the conversation with my optometrist, because yes, I will take the thing into a room designed to confuse my eyes and dilate my pupils. The pitch focused on the usual topics with a heavy mention of the variable font size and its benefits for the poorly sighted. Lunch lines, Movie theatre lines, even (although I no longer partake) the drive through at Wendy's.

I no longer begrudge the interruption. I want people to know it is there and understand how great the Kindle is at being an electronic book reader. I have a big sticker on my Kindle that declares "Everything I Need to Know About Life I've Learned by Reading Banned Books." This is not true, but it is a great conversation starter, as is the wonderful device hidden just behind that sticker.

About Me

My photo
Geek - Gamer - Librarian - Writer. Only awesome at one of those things at a time, unfortunately.

About Fading Interest

After writing op-eds and travelogues for several years, after finishing a few books, and after failing to get the ball rolling with project after project I stumbled into an idea that might just hold my interest long enough to enjoy some level of satisfaction with my writing.