Tag Archives: Amazon

Books, Movies, Music, Technology, TV

Ownership vs. Subscription Economy

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I’ve realized lately the entertainment industry is undergoing a pretty radical shift.

Duh.

OK, so this isn’t ground-breaking territory. But I’m seeing the implications in my daily life much more than I have before.

So there are a few ways to get entertainment content, which vary slightly depending on medium:

  • Experience – You go somewhere and you experience your entertainment. This happens primarily with music and movies. You go somewhere and either watch a movie or see a concert. You’re paying for a one-time experience. I suppose this method has pre-dated all technology.
  • Broadcast – The entertainment is free, but you have to watch ads. This is the commercial-supported model of TV and radio. Again, you’re only getting a one-time experience.
  • Ownership – As media has become cheaper and smaller, ownership has become a relatively recent option. You can purchase your entertainment in your preferred medium and enjoy it as long as you like.
  • Subscription – This is the newest model championed by Netflix and Hulu Plus for movies/TV and Spotify for music, among others. You pay a monthly fee and get access to a nearly endless archive of on-demand music, TV and movies.

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Books, Writing

Keeping Book Sales in Perspective

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So my book, Addition by Adoption, officially released on Amazon last week. And so I began my fixation with Amazon’s sales rank, something I imagine most authors go through (whether or not they admit it).

Before the May 11 release date the book’s Amazon sales rank was in the 500,000 range. Not too shabby, considering the millions of books that are published, right? Then on Tuesday the popularity surge began. It zoomed into the top 100,000, eventually settling as high as 55,721. It did end up at #35 in the adoption category.

Whoa. I know, right?

I assumed my book must be selling like hotcakes. Wow. All my hard work trying to spread the word about this thing (i.e., being annoying) must be paying off.

Not quite. Turns out the Amazon sales rank doesn’t mean as much as you might think. Depending on what you read and who you believe, cracking the top 100,000 might mean you’ve sold a single copy lately. Cracking the top 10,000 might mean you’ve sold a dozen copies. The top 1,000 might mean 50 copies.

It’s all relative. It’s all fluctuating. It’s all meaningless.

Just as quickly as my book surged, it also flopped. Today we’re sitting at 483,172. Total monthly sales to date? Seven. I don’t know what ‘selling like hotcakes’ actually means, but I’m pretty sure it’s more than seven.

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Music

Top 50 Albums of 2008 for $5 Each

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If you’re looking to spend some Christmas money, you might want to check out the top 50 albums of 2008 for $5 each on Amazon. I really couldn’t recommend anything on the list because I’m musically inept. But Tim has a nice list of top albums for 2008, including a list of other top lists.

While I really like the iTunes store, I think Amazon is returning music to the realm of the impulse buy. For more impulse goodness, check out Amazon on Twitter for daily deals.