Conversation of the Week: Amazon, For Better or for Worse?
Powered by Twitter, our Conversation of the Week allows inReaders to add their thoughts to an ongoing conversation about a variety of topics.
Amazon has played a major role in changing the way we read and has made self-publishing easier, less expensive, and more accessible than anyone would have imagined. Amazon’s Kindle Direct Publishing program lets indie authors sell their e-books on their very own Amazon pages. And Amazon is a power player among book sellers, offering deep discounts on new and backlist books. But has the company gotten too rich and too powerful in the process, while other players in book publishing are trying to figure out how to stay afloat in a tough climate for the book business?
Our piece published this morning about whether Amazon short-changes authors got our community talking and even feeling a bit heated. So now we want your perspective.
What do you know about Amazon’s business practices?
Do you think Amazon played a role in Borders’ bankruptcy?
Are Amazon’s royalties to indie e-book authors (70% for books $2.99+ and 35% for books $.99 and under) too low? Should e-book authors see a larger percentage of their book’s price?
Amazon’s discounts get passed along to shoppers, which is why the company is popular and their quarterly revenues are consistently outstanding. Would readers be willing to pay more for products from Amazon if it meant the publishing industry was healthier?
Join the conversation by tweeting your thoughts or by entering them below.
Twitter hashtag: #amazon4betterorworse.
We look forward to chatting with you!