This post could also be titled: Why Amazon Needs Competition from Other Publishing Markets.
Because it does.
Last week, I posted a question to one of my indie publishing support groups, asking for a show of hands for those who used KU or went wide with their distribution. The vast majority of people went with KU. Certain genres do quite well there, and most authors did have their books enrolled in KU. Many said they would release wide the first week before pulling their books from other platforms and going with KDP select from then on. The vast majority of authors said they just didn’t make enough money on the other platforms to justify not doing KU, and they did make money on KU. Not much, admittedly, but since it was the only game in town…
The other day, I was scrolling through my Twitter feed, pleased at how many companies had pulled their support from the NRA, and seeing the calls for boycotts of companies that hadn’t done so. And then I saw that Amazon not only supported the NRA, but they advertised with Brietbart.
Because a) Amazon is big enough not to give a rat’s ass about public opinion, even when the tide is turning on the matter of sensible gun control here in the US and b) virtually every author I know would be crippled by an Amazon ban. Myself included.
Just this morning, I was chatting with my critique group about the state of publishing in general and signs that Barnes and Noble is going under. B&N, who gobbled up Borders, and now is falling victim to Amazon. The chain bookstores crushed all the smaller competition, and are now getting killed themselves. When I first moved here, we had a Waldenbooks, a Books A Million, B&N, and a fantastic used bookstore. They are all gone, with the exception of B&N. And now it looks like B&N will be folding soon.
Hopefully it will get bought out by someone else, but that seems less and less likely in today’s market. I like my local B&N store. I don’t go there as often as I used to because I buy mostly digital books now. My first e-reader was a NOOK, but it was heavy and had a pitiful battery life. But the real reason I bought a Kindle and began getting all my ebooks from Amazon was that B&N’s website sucks. OMG. It is so terrible. I get a coupon or a book link, log in, attempt to buy the book, and the site kicks me out multiple times, requesting I log in again or redirecting me off the page where I am trying to redeem my coupon. My experience was so consistently bad, I actually thought ebooks would never catch on. Hah.
The ease of being able to get a book on my cell phone’s Kindle app converted me. The superior functionality of my Kindle Paperwhite gives me so much more than the NOOK that I don’t miss the fact my book covers aren’t in color. B&N is falling victim of its inability to keep up.
Recently I heard Wal-Mart is getting into the e-book game, and along with Kobo, Apple, and Google, are pursuing the ebook market. What this means for indie authors, I don’t know, but I suspect they will not do any publishing. They are more likely to serve as a distribution center. Are they willing to take a loss on book sales the way Amazon is? Amazon is not a publisher. It sells products, including e-readers. If selling books brings people to the website, they are more likely to buy other things too. At the moment, Amazon is content to lose money on book sales. So maybe that’s what Wal-Mart is ultimately hoping for–books driving people to their site (which I didn’t even know existed until now).
Competing distribution sites is all well and good, but I think we need someone else in the field who will allow self-publishing on the scale Amazon has done. I think we as authors need to think carefully about letting Amazon be our sole distributor as well. Because relying solely on KU feels a little bit like sacrificing a virgin to keep the dragon happy for a year–and what’s going to happen when the town runs out of virgins?
Amazon will call all the shots then. And authors, who have never been a priority for them, will be eaten up along with the town.