How eBooks Can Be Very Valuable

Home
>
E-Book
>
How eBooks Can Be Very Valuable

How eBooks Can Be Very Valuable

EBooks have a number of benefits over the traditional book. These include the following:

Cheaper to create
Quicker to create
Easier to target a wide market
High profit potential
More versatile than traditional books

Lets look at each of these points in turn:

Cheaper to create:

The eBook can be created on a shoestring budget since it is possible for its publishing and marketing costs to be minimal. On the other hand the traditional book has a higher cost structure. This means the author will have to overcome a tough sales target before they even consider making a profit on the book.

The costs the author will incur if he follows a traditional book format include:

Publishing costs
The profit margin that the bookstores will want to sell the book
Distribution costs
Marketing costs including advertising costs

Quicker to create

The eBook could be written and published in as little as 7 days. For other potential authors who work at a slower pace, the whole process of writing and publishing a book could be done within a month.

On the other hand for a traditional book the time span between starting a book and writing it could take around 18 months. By that time the information contained in the book could be out of date especially if the book is technology or research related.

Easier to target a wide market

With eBooks the sky the limit! The eBook may be sold on the Internet to anyone who has a credit card and an Internet connection in any place in the world. Since an author can control the topics of their book, they can decide whom to market to.

However with a traditional book it may be difficult to expand to new markets since it will involve further significant costs on distribution and marketing.

High profit potential

EBooks can be produced on a shoestring budget but since customers may believe they offer value for money, the author may charge more for them than expected. It is not impossible for almost everything grossed from an eBook being profit.

On the other hand traditional books have high production and marketing costs and this means the author (unless they are very popular) will have great difficulty in recovering these costs and making a profit.

More versatile than traditional books

EBooks could be used for a number of purposes. The most common method is for the sale of the eBook. However an eBook could be used as a free gift to customers to entice them to buy a product from you. It can also be transformed into audiocassettes or digital products.

To conclude eBooks are a very valuable tool that could be used as a profit centre, as a publishing tool or as a marketing tool. It has many advantages over the traditional book.

Publishing Guidelines: This article may be freely published so long as the author's resource box, bylines, and copyright are included.

About The Author

Andy George is a qualified chartered accountant who was born in Birmingham, England and who has had many years' experience in public practice, industry, and commerce and as a lecturer. Since 1991 he has been based in the island of Cyprus. Andy was a financial correspondent for eight years at the Cyprus Financial Mirror where he wrote articles on business and accounting related issues to a non-technical audience. He is the author of eBooks: How to write and Publish Your Own With a Shoestring Budget http://www.budgetebook.com

http://www.easy4tune.com/cbmall

akgeorge@cytanet.com.cy

In The News:

The Ethics of E-Book Piracy
mediabistro.com, NY - 6 hours ago
Unfortunately, these out-of-print novels were published by a Neanderthal Publishing company who hasn't made any of the books available in ebook format, ...

T+D
Purchase Electronic and Audio Books?
T+D, VA - 12 hours ago
Amazon Kindle is an electronic-paper display on which to view e-books. Its wireless capability allows users to shop the Kindle Storeâ€”an online e-bookstore ...

DS RECEIVES E-BOOK TREATMENT WITH CLASSICS EDITION
DS-x2, Netherlands - 10 hours ago
A collection of classic books will be bundled for Boxing Day release in the UK. The Harper Collins supported e-book will see you hold the DS "book-wise" ...

Amazon Gobbles Used Book E-Tailer
January magazine - 5 hours ago
On a day when the stock market was bleeding, Amazon announced that it had acquired the Canada-based used book e-tailer, AbeBooks. ...
Amazon finalizes purchase of BC's AbeBooks Canada.com
Biggest holiday bargains are online this season San Jose Mercury News
all 16 news articles

What The Dickens? An Ebook Reader For The DS!
Kotaku.com, NY - 5 hours ago
... from many iPods there are already several ways of reading ebooks on the Nintendo DS - but they are all homebrew efforts and not strictly on the level. ...
Nintendo Promoting Literacy With 100 Classic Book Collection For DS 1UP.com
all 3 news articles

E-Books Have a Future in iTunes
Christian Science Monitor, MA - Nov 26, 2008
This initiative, however, is in addition to dramatically increasing offerings for the Kindle, which he credits for igniting new excitement in e-books. ...

Big Apple Wallcovering, Inc. Launches E-Commerce Web Site as Part ...
SYS-CON Media, NJ - 13 hours ago
... that its wholly owned subsidiary, Big Apple Wallcovering Inc., has launched its new e-commerce Web site as part of its "No More Books(R)" campaign. ...

New York Times
A Media Mogul With Relentless Moxie
New York Times, United States - 22 hours ago
More Articles in Books Â» A version of this article appeared in print on December 1, 2008, on page C1 of the New York edition.

Ars Technica
As holiday season closes in, e-books exploding in popularity
Ars Technica, MA - Nov 28, 2008
One of those trends is the growth of e-books, popularized by the Amazon Kindle and aided by the already-established popularity of Apple's iPhone. ...

High-tech gadgets are hot holiday gifts -- and for this early ...
The Times-Picayune - NOLA.com, LA - 10 hours ago
But if e-books (and a few RSS feeds) are your bag, the Reader is a less-expensive option, and some users prefer its look and feel to the Kindle's. ...

e books - Google News

How eBooks Can Be Very Valuable

E-Book E-Book