Eric Mayer

Byzantine Blog

Get Email Updates
Cruel Music
Diana Rowland
Martin Edwards
Electric Grandmother
Jane Finnis
Keith Snyder
My Incredibly Unremarkable Life
Mysterious Musings
Mystery of a Shrinking Violet
The Rap Sheet
reenie's reach
Thoughts from Crow Cottage
This Writing Life
Woodstock's Blog
Email Me

Admin Password

Remember Me

1481597 Curiosities served
Share on Facebook

The Amazon Effect
Previous Entry :: Next Entry

Read/Post Comments (1)

This article at AlterNet, Hold the Applause for is worth reading. There's a lot of discussion in the mystery community about Amazon, but Jeff Milchen takes a slightly different slant, analyzing the enterprise more from a business perspective.

The "revolutionary" company lost billions of dollars -- an average of $376 million annually during its first eight years -- yet it kept enticing speculators to pump more money into the company's stock. Amazon's speculation-fueled growth contributed to the net loss of more than 2,000 independent book and music sellers during its first decade.

It is probably fair to say that Amazon has had an effect on the publishing industry far out of proportion to the numbers of books it sells. (The article notes that Independent book sellers still account for 10% of sales as opposed to 7% for Amazon)

Amazon has certainly taken a grip on authors' minds. Even though I've learned that Amazon numbers have little relation to overall sales, I check the sales rankings for our books endlessly. The fluctuations are, after all, evidence that something's happening, someone's paying attention. It's on demand cyber applause.

Read/Post Comments (1)

Previous Entry :: Next Entry

Back to Top

Powered by JournalScape © 2001-2010 All rights reserved.
All content rights reserved by the author.