The tide of retail is turning digital, and the book publishing industry, like most others, is being swept along. Research shows that consumers are increasingly turning to online sources to purchase books. In 2012, online book retail accounted for 44% of consumer books sales in the U.S., up from 39% in 2011, according to Bowker Market Research.
(Press Release) Santa Fe, New Mexico, May 18, 2010—CyberWolf Inc., an Adobe Content Server Solution Provider, announces offering that enables publishers to sell Adobe DRM secured content directly from their own ecommerce sites. Adobe Content Server DRM has been adopted by a number of major players within the publishing industry and, via the new CyberWolf Download Service (CDS), is now available to most any publisher.
Publishers of all sizes have to manage detailed and vital information about the rights they own, the rights they have sold, and the royalties they either owe or are owed. It can be a significant accounting undertaking. Especially with the burgeoning digital marketplace, book publishers are increasingly redistributing their content in any number of ways and thus, generating additional revenue––as well as the need to manage additional rights and royalties. Fortunately, there are a number of solutions on the market today, from services that help publishers license their content to those that help automate the tracking and payments process to save time and
Many publishing management solutions are available in today’s competitive marketplace that can help publishers automate and link business functions such as sales commissions, royalties, title management, fulfillment, invoicing, marketing, production management and more. As with choosing any solution, it is important to do extensive research on both the product and the company behind it. Ideally, you should be looking for a solution that won’t need to be updated every year, that can expand as your company evolves, and that will support your customer-centered business. “A solution must not only meet your needs today, but it must meet your needs five years from now. The
In the ever-changing world of multimedia and shoppers who expect things at the click of the mouse, e-commerce solutions are in high demand. “These days it’s so important to give your Web customers a great experience,” says Jim Morse, president of Morse Data Corp. To do so, it is important to select solutions that fit your company size, scope, staff and budget. The following advice from several e-commerce solution providers can help guide you through the process of deciding which product works best for your company. “A publisher should analyze the cost of not only the development of a solution, but the manpower
Last year, retail e-commerce totaled $88 billion, or 2.4 percent of total U.S. retail sales, according to the U.S. Department of Commerce. In the first quarter of this year, U.S. retail e-sales hit $25 billion—2.7 percent of total retail sales for the quarter ($906 billion). And based on the average annual growth rate (in the mid 20-percent range) of the last few years, 2006’s year-end e-commerce totals are likely to top $110 billion. Book publishers in almost every market have launched e-commerce sites to tap the growing potential in e-sales. Major publishers such as Scholastic (ShopScholastic.com), Random House (RandomHouse.com), McGraw-Hill (Books.McGraw-Hill.com), Penguin Group