the digital transformation of the book and the impact of romance readers

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The Digital Transformation of the Book The Impact of Romance Readers Dominique Raccah Sourcebooks, Inc. February 2015

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The Digital Transformation of the Book

The Impact of Romance Readers

Dominique Raccah Sourcebooks, Inc.

February 2015

Today, all media are undergoing a transformation

…the transformation of books "is fundamentally different

[ 1. The ebook reader ]

Benefits of e-reading devices"BISG — US 2010 data

who is this customer: reader who reads a lot

In U.S., converted our most voracious readers first

Who is Today’s Core Trade "E-Book Buyer (in the U.S.)?

p  Woman (66%) p  45 to 54 years old

p  HH Income ~$77K Yr

p  Predominantly fiction readers

So heavy fiction readers (many of them romance

buyers) were the innovators and early adopters of ebooks

Benefits of e-reading devices"BISG — US 2010 data

[ 2. Will ebooks kill print ? ]

There are lots of "different kinds of books

© 2014, Book Industry Study Group, Inc.

77%  

23%  

Physical     Digital    

© 2014, Book Industry Study Group, Inc.

Ebooks are replacing our cheapest format…mass market books

$0.0    

$1.0    

$2.0    

$3.0    

$4.0    

$5.0    

$6.0    

2008   2009   2010   2011   2012   2013  

Hardcover   So?cover   Mass-­‐market     E-­‐Books  

[ 3. different authors’ career paths ]

Every day "3,500 books are

published* "in America

*Bowker 2013

Author  A  W-­‐M  &  Target  B&N  

library  

ebook  

Amazon  

Author  C  W-­‐M  &  Target  B&N  

library  

ebook  

Amazon  

Author  B   W-­‐M  &  Target  B&N  

library  

ebook  

Amazon  

3 debut authors launched at "same time (both physical + ebooks)

Author  A  W-­‐M  &  Target  B&N  

library  

ebook  

Amazon  

Author  C  W-­‐M  &  Target  B&N  

library  

ebook  

Amazon  

Author  B   W-­‐M  &  Target  B&N  

library  

ebook  

Amazon  

It’s important to think about where your reader might find you…

Some of what we know today…

p  The transformation of books is different

p  Print lives!

p  More important than ever that the author know where to find their reader

p  Romance readers have significantly shaped the ebook transformation

Thank you.

Email: [email protected] "Twitter: @draccah