Question

In: Economics

Are the Ireader good substitutes for paper books?

Are the Ireader good substitutes for paper books?

Solutions

Expert Solution

Ebooks will soon overtake readers with Paper books First advantages. Anyone with a standard phone, laptop, tablet, or computer can now buy any title at the exact moment they want it to read immediately. Just think about it. Even more so, at the same time, an infinite number of readers will enjoy the same word Imagine the evolutionary effect of that. Yet ebooks improve the user experience more than just exposure in ways that print can't. We can now expand the fonts, and later translate them into being. You don't miss your spot in the book any more

Secondly, the advantages to the business model of the book are. Right now, just 10- per cent of the net sales price of a print book is charged to an author. The net price, in the case of a $20 novel, is on average around $12, after the bookstore retains 40- percent of the retail price, so the author gets about $2.00 per book sold in print. But the real inefficiency of how physical books are delivered and what it means for writers is happening. The big loser here is the publisher, whose print version goes out of print prematurely. Ten years in history, a mere twelve months from print to death.


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