07-11-2020, 04:40 PM | #211 | |
Wizard
Posts: 2,841
Karma: 22003124
Join Date: Aug 2014
Device: Kobo Forma, Kobo Sage, Kobo Libra 2
|
Quote:
We also don't know if Sony has other deals that are required of the law firms etc who purchase their ereaders. It's hardly a consumer level device at the pricing, and the content it's able to handle. |
|
07-11-2020, 04:58 PM | #212 | |
Grand Sorcerer
Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
Quote:
https://www.sony.com/electronics/dig...ads/dpt-series Remember, the markup on ebooks is 30%...over and over...year after year. Over the life of a reader (say 5 years) a person might spend $130 on the hardware and $1000 on books. So $300 profit vs $30? Sony sells the readers for $700 and that's it. That's all they get. No recurring life cycle revenues. For Nook to match even a one year ebook revenue they'd have to sell the reader for around $200-300. Of course, Nook *isn't* averaging even $30 a year from all their readers still in use and it's because a big portion, probably the majority of their customers can and do get their books elsewhere. Selling hardware and living just off that margin is 20th century thinking. The smarter companies are long past that. Recurring revenue is the modern way to get *big* rich. Nook's problem is their garden is only walled one way and it has the wrong lock-in; the books are proprietary but the hardware is open. Good for customers but bad for Nook. Demonstrated by the stampede of Nook customers to generic Adept vendors. Nook has gone from 25% ebook market share to less than 4% in a *growing* market. That's a big disfunction. |
|
07-11-2020, 05:09 PM | #213 |
Grand Sorcerer
Posts: 5,278
Karma: 98804578
Join Date: Apr 2011
Device: pb360
|
So you're on board with the idea of auto companies charging annual fees to operate accessories like seat warmers?
|
07-11-2020, 06:34 PM | #214 | |
Gentleman and scholar
Posts: 10,987
Karma: 108309641
Join Date: Jun 2015
Location: Space City, Texas
Device: Clara HD; Nook ST w/Glowlight, (2015) Glowlight Plus, Paperwhite 3
|
Quote:
How many times have you seen the message 'I stopped buying from them when it became increasingly difficult to back my books up' or something similar. |
|
07-11-2020, 06:39 PM | #215 | |
Grand Sorcerer
Posts: 5,278
Karma: 98804578
Join Date: Apr 2011
Device: pb360
|
Quote:
|
|
07-11-2020, 06:59 PM | #216 |
Gentleman and scholar
Posts: 10,987
Karma: 108309641
Join Date: Jun 2015
Location: Space City, Texas
Device: Clara HD; Nook ST w/Glowlight, (2015) Glowlight Plus, Paperwhite 3
|
I don't have the numbers and couldn't say. People who do say that also tend to be people who buy many books. But admittedly, that's anecdotal evidence.
At any rate, it would allow B&N to sell ebooks to people who don't have a Nook. And if B&N isn't making much on the Nook hardware sales anyway, what's the harm? |
07-11-2020, 07:06 PM | #217 |
Bibliophagist
Posts: 35,356
Karma: 145435140
Join Date: Jul 2010
Location: Vancouver
Device: Kobo Sage, Forma, Clara HD, Lenovo M8 FHD, Paperwhite 4, Tolino epos
|
If they switched to Adobe's standard DRM, they might also pick up some customers from Google Play, Kobo, etc. Or customers from outside the USA.
As for the number of people wanting to back up their B&N ebooks? Outside of MobileRead, that would be a rather infinitesimal number IMNSHO. |
07-11-2020, 07:10 PM | #218 | |
Wizard
Posts: 2,841
Karma: 22003124
Join Date: Aug 2014
Device: Kobo Forma, Kobo Sage, Kobo Libra 2
|
Quote:
|
|
07-11-2020, 07:11 PM | #219 | ||
Grand Sorcerer
Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
Quote:
That is cluelessness. No rational person will go for that. You either own it or you don't. But aftermarket sales at authorized dealers bring in a steady stream and modern car designs that reduce backyard maintenance are the rule today. Also, Tesla's supercharger network does. And it too brings in recurring revenues. And their plan for letting owners monetize their cars while not in use might. https://www.cnet.com/roadshow/news/t...ram-elon-musk/ Tesla sells the car and gets a share of the owner's ride-share revenue. Did you know TV makers get a cut of ad revenue generated by their "Smart" apps? https://theoutline.com/post/8421/sma...=1&zi=rhm3bzfa Quote:
More will. |
||
07-11-2020, 07:11 PM | #220 | |
eReader Wrangler
Posts: 7,441
Karma: 48453105
Join Date: Mar 2013
Location: Boise, ID
Device: PB HD3, GL3, Tolino Vision 4, Voyage, Clara HD
|
Quote:
I figured Nooks where on the way out but, apparently, the new CEO sees (at least) the possibility of making money with them. Maybe he's seeing something you an I aren't seeing. (For example, maybe Nook book sales have jumped with the Covid isolation.) |
|
07-11-2020, 07:14 PM | #221 | |
Grand Sorcerer
Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
Quote:
|
|
07-11-2020, 07:24 PM | #222 | |
Grand Sorcerer
Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
Quote:
The $92m full year number for hardware and software combined. https://www.bloomberg.com/press-rele...ancial-results From before the lockdowns, yes, but the lockdowns aren't boosting low single digits into even Kobo territory. Remember, the BPHs get about 15-20% of their gross revenues from ebooks, so just their ebook sales add up $1-2B. And Nook's share is... barely noticeable. ebooks are big business and Nook isn't. What Daunt is seeing is that even a dead cat bounces higher. Nothing can make it lower, short of closing Nook. It's got to do better even if all they do is reassure people they're not closing. Last edited by fjtorres; 07-11-2020 at 07:37 PM. |
|
07-11-2020, 07:41 PM | #223 | |
Gentleman and scholar
Posts: 10,987
Karma: 108309641
Join Date: Jun 2015
Location: Space City, Texas
Device: Clara HD; Nook ST w/Glowlight, (2015) Glowlight Plus, Paperwhite 3
|
Quote:
The second half was intended just for what I've seen here. Even people that buy Nooks and care enough about ebooks to post here have stopped buying from B&N. One reason frequently mentioned in this group is the inability to back up their books. So if B&N moved to standard Adept DRM, that problem would go away. Additionally, it would allow non-Nook users to purchase books from them. |
|
07-11-2020, 08:00 PM | #224 |
Grand Sorcerer
Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
|
07-13-2020, 07:41 AM | #225 | |
Evangelist
Posts: 440
Karma: 364
Join Date: May 2009
Location: New York
Device: EZ-Reader - Samsung Nook's- Nook S/T w/Glow - Kindle Fire - Nova 2
|
Quote:
Also you can read standard Adept DRM books on a nook, so I think there strategy was to lure those users over to them.. |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
B&N Fires CEO | fjtorres | News | 22 | 07-07-2018 05:39 PM |
B&N Names Demos Parneros CEO | AnemicOak | News | 5 | 04-29-2017 04:35 AM |
B&N CEO Fired | tubemonkey | News | 77 | 08-24-2016 02:01 PM |
B&N gets new CEO | fjtorres | News | 20 | 09-16-2015 12:09 PM |
Ex-CEO of Random House on ebook pricing and the future of publishing | garygibsonsf | News | 93 | 05-03-2011 08:27 AM |