
“A few years ago, most of these authors wouldn’t have been published at all—and that would have been enough to discourage many of them from writing a book in the first place. But today, the economics of publishing have fallen so low that nearly everyone can do it. That means people can write books for whatever reason they want, and they don’t need to depend on some publisher deciding if the book is worth taking to market. The effect of this is being felt throughout the industry, right up to the giant booksellers. In 2005, Barnes & Noble sold 20 percent more unique titles than it had in 2004, something its CEO, Steve Riggio, attributes to three forces: (1) the efficiencies of print-on-demand, which keeps more books in print; (2) the increase in the number of smaller and independent publishers; and (3) self-publishing. “Over the next few years, the traditional definition of what a 'published book' is will have less meaning,” he says. “Individuals will increasingly use the Internet as a first stage to publish their work, whether they are books, short stories, works in progress, or articles on their area of expertise. The best of this work will turn into physical books. I tend to be sanguine about the book industry’s prospects because a whole new and efficient means of first-step publishing is emerging and rapidly becoming more sophisticated.” One of the big differences between the head and the tail of producers is that the farther down you are in the tail, the more likely you are to have to keep your day job. And that’s okay. The distinction between “professional” producers and “amateurs” is blurring and may, in fact, ultimately become irrelevant. We make not just what we’re paid to make, but also what we want to make. And both can have value.”
―
The Long Tail: Why the Future of Business Is Selling Less of More
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