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eBook Sales Slows Down After Stunning Growth For Three Years

August 23, 2010

in News

The trade ebook sales slows down in recent times, accoring to The Association of American Publishers (AAP) and International Digital Publishing Forum (IDPF). For years 2007-2009 ebook sales figures are as follows:

2007: $ 31.7 million

2008: $ 53.5 million (65% increase over 2007)

2009: $ 169.5 million (217% increase over 2008)

The following table shows ebook sales from Quarters 2002 through Q2 2010:

Quarters Revenues Quarters Revenues Quarters Revenues
Q1 02 $1,556,499 Q1 06 $4,100,000 Q1 10 $91,000,000
Q2 02 $1,258,989 Q2 06 $4,000,000 Q2 10 $88,700,000
Q3 02 $1,329,548 Q3 06 $4,900,000 Q3 10
Q4 02 $1,649,144 Q4 06 $7,000,000 Q4 10
Q1 03 $1,794,544 Q1 07 $7,500,000
Q2 03 $1,842,502 Q2 07 $8,100,000
Q3 03 $1,789,455 Q3 07 $8,000,000
Q4 03 $1,917,384 Q4 07 $8,200,000
Q1 04 $1,794,130 Q1 08 $11,200,000
Q2 04 $1,887,900 Q2 08 $11,600,000
Q3 04 $2,460,343 Q3 08 $13,900,000
Q4 04 $3,477,130 Q4 08 $16,800,000
Q1 05 $3,161,049 Q1 09 $25,800,000
Q2 05 $3,182,499 Q2 09 $37,600,000
Q3 05 $2,310,291 Q3 09 $46,500,000
Q4 05 $2,175,131 Q4 09 $55,900,000
As you can see every quarter has higher revenue compared to previous quarter except Q2, 2010 for which revenue has declines from $91,000,000 in Q1, 2010 to $88,700,000 – a decline by 2.5%.

According to IDPF, when interpreting this data, you should keep in mind:

  • This data represents United States revenues only
  • This data represents only trade e-book sales via wholesale channels. Retail numbers may be as much as double the above figures due to industry wholesale discounts.
  • This data represents only data submitted from approx. 12 to 15 trade publishers
  • This data does not include library, educational or professional electronic sales
  • The numbers reflect the wholesale revenues of publishers
  • The definition used for reporting electronic book sales is “All books delivered electronically over the Internet or to hand-held reading devices”

Even we consider US only, the data may not reveal the actual revenue since it’s based on only 12-15 trade publishers. In recent times we see an explosion of self publishing ebooks through Kindle publishing platform, Smashword or Lulu. The fight over pricing ebooks might have also impact on such revenue as the big publishers are trying to enforece so called Agency model to retain gains (profit) from the ebooks market, which might backfire.

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