We’ve entered a time where getting a book to market is as simple as 1, 2, 3. First, write the book. Second, make sure it gets a thorough edit. Third, self-publish in print and e-book form. Boom — “published” author. That isn’t to say it’s easy, but there has certainly never been a better time to get a manuscript off the shelf and into the hands of interested readers.

But some are asking, in a world where anyone can become published, how do you find something “good” to read? How do readers sift through the exploding number of titles to find the gems in the pile?

The answer may be, “just as they do now.” Even with a flood of new titles available, it stands to reason readers will continue to choose titles using the same criteria they have in the past. Google has determined (through some fancy algorithms) that there are nearly 130 million published books in the world. Readers have managed thus far to sort through those millions of book titles to find the ones they’re interested in. With that in mind, one can only assume readers will be able to do the same as the self-published market explodes over the next few years.

People gravitate towards what they like. They find authors or genres or subject matters they care about and are interested in, and make choices out of that pool. In fact, adding more titles will only grow the pot for readers, giving them even greater options on the subjects they enjoy.

Author Scott Nicholson explains it well in his article on the topic. He offers the analogy that despite her popularity, he has no idea what Lady Gaga sings, nor does he ever care to. But he finds new music that does appeal to him, when he wants to, through the channels he always has. Finding book titles would be the same. He finds and reads what he already likes.

Perhaps the growing wave of self-published titles will create some complexity and debris in the market, but how much it affects consumer buying and reading habits, if at all, remains to be seen.

The e-book self-publishing world is about to get a little more crowded. With the launch of Pubit! this summer, Barnes & Noble (B&N) has inserted itself directly into the publishing process, joining other retailers like Amazon and Sony. Pubit! is a DIY option for independent publishers and authors to deliver their works digitally through B&N’s site and e-book store.

While this may on the surface seem like great news for the indie publishing crowd, there are definite issues. For example, B&N has been noncommittal up to this point about royalty information, which makes it difficult to know if Pubit! can offer a more attractive deal or not. Another challenge authors and publishers face with an ever growing list of retailers offering self-publishing is how to choose. Which retailer might offer the best audience and reach? Does it make sense to manually publish with every major retailer, one by one, to make sure the playing field is covered despite the time and effort?

In order to make this really work, and work well, we’re going to have to see some consolidation happen. A company that is already running ahead with this is Smashwords. Publish with them and they do the distribution for you to their own site, as well as Kobo, Apple, Amazon, Sony, and even B&N. One site, one process, and one revenue payment makes it simple and transparent. What a concept! Big book retailers like B&N should consider taking a page out of Smashwords success manual.

Following this week’s announcement that Amazon had acquired Lexcycle, makers of the Stanza e-reader app, industry watchers have weighed in with their perspectives. Here are three good commentaries on what the acquisition means for publishing:

Kassia Krozser remarks that the Lexcycle acquisition is not “the end of the world as we know it,” but neither is it great news for publishers and readers.

Consumers are slowly being locked into a single vendor. Publishers are being backed into Amazon’s corner. Yet, yet, yet, I ask again: where are the publishing initiatives, the fresh thinking, to protect the free market?

BookNet Canada offers a Canadian perspective on the deal and suggest three actions publishers can take to keep Amazon from a market stranglehold.

This market is developing at a fevered rate. If you want to help shape the forces that are going to in turn, influence the way you create, sell and acquire books in the future, then now is the time.

Mike Shatzkin believes the real issues brought to light by the deal are pricing and making books discoverable by readers. He calls for the big publishers to come together to develop an online bookstore of their own.

The current effort by several general trade publishers to drive traffic to their own house-branded web sites is misguided and doomed. But Amazon (and Shelfari, GoodReads, LibraryThing, and our new entrant, Filedby.com) have demonstrated that sites with information across the trade book spectrum have real consumer appeal.

Amazon has extended the reaches of its empire once again.

Late yesterday afternoon, news broke that Amazon had acquired Lexcycle, makers of Stanza, a popular e-reader application for the iPhone. Within minutes of the announcement being picked up in the New York Times, the Twittersphere was buzzing with speculation.

So far, what’s known is that Amazon has acquired Lexcycle. And … well, that’s all that’s known for sure right now. No word on the purchase price. More importantly, there remain a lot of unanswered questions as to what this acquisition will mean for the emerging e-book market.

Stanza is one of the most popular e-reader applications for the iPhone and iPod Touch. With a user base of more than 1.3 million, the app outstrips Amazon’s Kindle in market penetration. Last month, Amazon launched a Kindle app for the iPhone, allowing Kindle owners to also read books on their mobile device. However, like the Kindle itself, the app was only available in the United States. Now, with the acquisition of Stanza, Amazon has instant access to a worldwide mobile user base.

The sticky question is what Amazon will do with the Stanza software. To date, Stanza has offered support for open e-book formats. The application reads ePub files (the book format that the publishing industry has been to trying to standardize around) and files not protected with DRM technology.

Amazon, on the other hand, has been building a supply chain around its own proprietary Kindle format. Kindle books can only be read on a Kindle device or with the iPhone Kindle app. So it seems unlikely Amazon will allow Stanza’s continued support of open formats.

Here’s a summary of some of the commentary now circulating:

• Michael Cairns points out that now is the time for the publishing industry to get behind a common e-book standard. If publishers don’t act now while the e-book market is still in its infancy, they will become increasingly powerless against retail behemoths like Amazon.
• Mike Cane provides some compelling analysis on why the acquisition is bad, bad news for the industry.
• Paul Biba shares some thoughts on the acquisition’s negative implications for the “little guy.”
• Karen Templar summarizes some of the big questions the industry now faces.

March 8 -14 is Read an E-Book Week. In keeping with the spirit of the event, I thought I’d try to summarize what an author should know about Kindle, the e-reader from Amazon.

I’m going to assume that you’ve heard about the Kindle but you don’t really know too much about it. My aim with this post is to provide enough information for you to evaluate the market and figure out if it’s worth pursuing. So let’s get started.

What Is the Kindle?

• The Kindle is a dedicated e-book reading device, meaning it reads e-books, along with some newspapers and magazines, but not much else. Version 2 of the Kindle was released in February of this year.
• It uses E ink technology for the display. E ink is very different from a computer screen or the screen on, say, an iPhone. It is not backlit and so the experience of reading on a Kindle is very much like that of reading off paper. There’s no eye strain and it can be comfortably used for long periods of reading.
• The Kindle is relatively small and lightweight. It weighs just 10.2 ounces and has a 6″ screen on the diagonal. It’s very convenient for carrying, and many users appreciate its portability over heavy books.
• The Kindle 2 can hold about 1,500 books at a time.
• The device currently sells for $359 USD.

There are many video reviews online that will give you a more detailed look at the Kindle and its features. Here are a few good videos I have found:

• Kindle 2 first impressions from Michael Hyatt, CEO of Thomas Nelson Publishers
  
• CNET Kindle 2 review
• Kindle 2 user feedback video from Amazon

Who Uses a Kindle?

• Amazon will not release any sales data about the Kindle devices so no one really knows how many they have sold or who is buying them. Guesses from industry watchers range from 300,000 units sold to as high as 500,000.
• Contrary to what you might intuitively guess — that the biggest users are kids of the ‘Net generation — anecdotal evidence points to users 40 years of age and up as the primary market. This older audience appreciates the resizable type, the light weight and portability, and the convenience of instant access to content. Typically, they also have more money and are able to afford the $359 ticket price.
• Oprah Winfrey endorsed the Kindle on her show in October 2008, raising the device’s profile with the public in a big way. Demi Moore twitters about how much she loves her Kindle.
• Right now, the Kindle is only available in the United States. There is some speculation that version 3 will be available in other countries, but Amazon has yet to confirm that this is true.

What About the Content?

• There are about 245,000 book titles currently available in the Kindle format, including 102 of 111 current New York Times bestsellers.
• Amazon reports that Kindle books have been selling briskly, now accounting for about 10% of sales for titles where both print and Kindle editions are available.
• Kindle books are proprietary files. The files are wrapped in DRM (Digital Rights Management) technology, meaning they are encrypted. They can only be read on a Kindle or on the Kindle app for the iPhone. There is a great deal of debate and criticism in the publishing industry over Amazon’s choice to encrypt its files. Many publishers are pushing to standardize e-books around an open file format called ePub. (More on that in a later post.)
• The typical price for a Kindle book is about $9.95. Amazon keeps a 65% commission on each sale. This is higher than the 55% commission they keep on print book sales.

What’s the Upshot?
While Amazon has taken its share of criticism over the Kindle for a variety of reasons — some of it well deserved — it can’t be denied that the device is helping bring e-books to the mainstream and creating new opportunities for book sales.

If you are an author with an existing print book, or one in production, publishing a companion Kindle version is pretty easy and inexpensive. For a small additional investment, you can make your book available to an audience that craves new content and wants it quickly. This audience is relatively small right now but will continue to grow over time. It’s almost certainly a good investment to make.