Jeff Bezos, the CEO of Amazon, said that for every 100 printed books they sell, they sell 180 digital books. And that number is growing every single month. Do you have any reason to think that that growth is going to stop? I don’t.
Look at the ereader market. Amazon just released the Kindle Fire. Barnes & Noble is about to release the Nook tablet. We already have regular Kindles, and Nooks, and iPads, and a bunch of other ereaders. Not to mention that you can pretty much install the free Kindle app on any device, even your phone.
The future is in digital, no question. The competition is getting fierce which is great news for self-publishers, and great news for readers. Why? Because competition lowers prices and drives innovation.
I for one cannot wait to see what this market will look like in a year’s time. Grab on to something solid and hold on. It’s going to be a wild ride.