{"id":333,"date":"2010-04-13T20:14:25","date_gmt":"2010-04-14T01:14:25","guid":{"rendered":"http:\/\/www.ilsajbick.com\/?p=333"},"modified":"2010-04-13T20:14:25","modified_gmt":"2010-04-14T01:14:25","slug":"more-on-the-coming-crash","status":"publish","type":"post","link":"https:\/\/www.ilsajbick.com\/?p=333","title":{"rendered":"More on the Coming Crash"},"content":{"rendered":"<p>Following on a very nice comment by <a href=\"http:\/\/www.facebook.com\/note.php?note_id=378433258923&amp;comments=\">Edwin Thompson on my Facebook page<\/a>, here&#8217;s my reply:<\/p>\n<div id=\"text_expose_id_4bc514abd19e207955cf0\">Well, I&#8217;ve been thinking more  about this, too, and I agree with part of what you say and disagree with  other parts.  I don&#8217;t think brick and mortar stores will go away, and I  still think that, at the end of the day, people would much rather hold a  book-book than a Kindle or iPod Touch or iPad.  Let&#8217;s face it: a book  is a bit of technology that doesn&#8217;t really need to be improved  upon&#8211;unless you want to save trees.  (I do, and so there&#8217;s my dilemma.)<\/p>\n<p>But, if stores are smart, they&#8217;ll start to incorporate an  electronic section in the store itself.  For example, think of a  magazine rack or a bookshelf, but instead of physical magazines or  books, you&#8217;ve got iPads or Kindles or whatever kind of  reader\/presentation slate you want and a bunch of books loaded.  A  person can browse by &#8220;flipping&#8221; pages. (And I think you ought to be able  to go through the whole bloody book the way you can with a physical  book, not just get the first couple of pages as Amazon has it set up  now. Go to a bookstore and pay attention to how people decide on books;  they like to see the beginning, flip to the middle, pick another random  spot . . . some even go to the end and still buy the book.)  If you want  the book, you download it to your device, whatever that is.  (Heck, if  people in Japan can purchase items with their cells, you can certainly  download a book to a reader right there at the rack.)  The only real  change would be that paper might go away, but the upside is that instead  of carrying 60,000 titles, a store could carry 600,000.  And I think  there would still be room for people who want the physical book, whether  that&#8217;s print on demand (the smartest option) or one of, say, three  copies in the store.<\/p>\n<p>I disagree with you about new writers  finding an audience without the force of a house behind them, and the  reason I do so is this: self-publishing rarely works.  Honestly.  There  are some lucky people who self-publish and we all know who they are  because there are always exceptions.  But the reason that there exist  levels of specialization in any industry is because not everyone is good  at every single thing that goes into a product or service.  You may be a  great writer, but a lousy marketer, or vice versa. You may not be able  to edit your way out of a paper bag, but that doesn&#8217;t mean you&#8217;ve  written a bad book&#8211;but if that&#8217;s not your skill, then your book will be  seen as not very good, and that&#8217;s a disservice to you and your  audience.  Editors exist to put polish on a work&#8211;to know which words to  kill&#8211;and to know their audience.  Just about every job in a publishing  house is done by someone who has the skill set to do it, and do it well  (or they don&#8217;t have the job for long).  Having run my own business, I  can tell you that I was successful&#8211;but I also never went beyond what I  knew I could reasonably do and I never gave anything away for free.<\/p>\n<p>In fact, as a shrink, I&#8217;ll tell you  that people do not value what they don&#8217;t pay for.  They just don&#8217;t.  (Every doctor knows this, too.)  I would love to see someone show me  data that would suggest that if you give away first books or even  several books, people are then more willing to pony up money to buy your  stuff.  From what I can see and glean from various forums on ebooks,  people are more interested in what they can download for free.<\/p>\n<p>Not  paying, or paying very little, is the trap that Amazon set for itself  in terms of ebook prices.  We&#8217;ll leave all the arguments aside in terms  of how much more cost-effective and less expensive it is to produce an  ebook (it is; you can&#8217;t get around that)&#8211;but what Amazon did was tap  into a collective belief that because something&#8217;s digital, it ought to  be free&#8211;or close to it.  Hence, you&#8217;ve got the low price point for  ebooks&#8211;but that may not be reflective of what the book is &#8220;worth&#8221; or  the work that went into its production.<\/p>\n<p>Of course, if I can  think of all this&#8211;especially an electronic download option right there  in the store (doesn&#8217;t B&amp;N allow for this now?)&#8211;you can bet that  publishing houses and bookstores have.  If they haven&#8217;t, they&#8217;d better.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Following on a very nice comment by Edwin Thompson on my Facebook page, here&#8217;s my reply: Well, I&#8217;ve been thinking more about this, too, and I agree with part of what you say and disagree with other parts. I don&#8217;t&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-333","post","type-post","status-publish","format-standard","hentry","category-uncategorized","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/www.ilsajbick.com\/index.php?rest_route=\/wp\/v2\/posts\/333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ilsajbick.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ilsajbick.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ilsajbick.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ilsajbick.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=333"}],"version-history":[{"count":3,"href":"https:\/\/www.ilsajbick.com\/index.php?rest_route=\/wp\/v2\/posts\/333\/revisions"}],"predecessor-version":[{"id":336,"href":"https:\/\/www.ilsajbick.com\/index.php?rest_route=\/wp\/v2\/posts\/333\/revisions\/336"}],"wp:attachment":[{"href":"https:\/\/www.ilsajbick.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ilsajbick.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ilsajbick.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}