Amazon Tests ‘Kindle Unlimited,’ a Netflix for Ebooks and Audiobooks
techcrunch.com
techcrunch.com
I wonder how will they react to this announcement. If they try to compete directly, not only will it be an uphill battle, but Amazon has a hell of firepower with the Kindle and Fire ecosystems.
If this happens, it will be my dream come true. Unlimited ebooks/audiobooks is probably my #1 most requested "feature" from the world. Especially since Amazon allows syncing between audiobooks and ebooks, but I really hate paying for both.
Seriously, I'm such an Amazon fanboy :)
Interesting to see what the difference between publishing books online vs. publishing real book will be in 10 years.
My thinking on this has evolved over time. Especially with NetFlix. The 'stream what ever you want' service is great if 'what ever you want' is actually available, but something that it turns out is even more important for me, is that something you wanted before, is still available now. I go back and read books sometimes, and I go back and rewatch movies of TV shows. The random loss of content on Netflix has forced me to go back to buying the DVDs and ripping them rather than depend on NetFlix to have on tuesday something they had on Friday.
For reference books especially, it would drive me insane to have the book available, and then not available.
But this often results in me buying a physical copy, so I suppose that's a win for the movie studios.
I'm guessing Amazon has enough data to know that this will end up profitable for them. In a way, it's just like Prime. Some probably order a ton of stuff every month, becoming unprofitable Prime members for Amazon, while others only a couple of year, yet still pay $99 a year for free shipping.
It's only like any other "unlimited" deal out there. Some customers will be very unprofitable as they will take full advantage of the "unlimited" offer, but the vast majority of the customers will more than make up for it.
Unlike prime, heavier users don't bring any additional revenue with this program. Prime members spend hundreds of dollars more per year than non-prime customers.
I agree with the first part of that sentence.
This only happens because consumers put up with it.
It feels like gym membership for books.
It's definitely a brilliant business move on Amazon's part.
Maybe a lot of people won't get a benefit out of it, but I could easily spend more than ten bucks a month on ebooks that I don't actually care about owning for long periods of time.
I could very much imagine someone having "clumpy" reading rates like that, where they read a lot of books in one month, then almost no books in other months.
In fact, sometimes it's the very fact that the show we were "looking for" isn't currently available that pushes us to try something new.