It seems more and more these days, the entire world is moving at the speed of light and requires constant immediate gratification. In an effort to supply the demand of the “need for speed” in late 2007 Amazon developed and released the Kindle. This technology allows for books to be downloaded and read on small device.
While many can see the potential of this as a consumer, there are others that see this as window of opportunity for some sellers. Self-published authors have been given a leg up on Amazon.com for while, offering products to millions through the use of the computer with no need for warehousing or extensive marketing. The only thing is required is great word of mouth. A rating can make or break you on Amazon, whether you are New York Bestseller or Joe the Plummer.
According to Zach Pontz of CNN, “Released in November 2007, the Kindle has sold more than a quarter million units. Its texts account for 10 percent of Amazon’s book sales despite the fact that 200,000 titles — a tiny fraction of the books offered on the site — are available in digital form.”
My personal opinion and forecast is that if Amazon’s Kindle continues to garner considerable market share, we may see a spin on it in our local cell phone stores. It would be great to pick up my Blackberry and see it double as a way to read my favorite book through the use of combined Kindle/Blackberry technology. Hey, I know that I’m reaching, but that is what the stars are for!
Just thought I’d share this information with you. The Christmas season is here and the Kindle makes a great gift idea. For those who think with their wallets, Amazon is great stock to consider purchasing. Amazon.com Inc. (AMZN) Real-time: 44.11 2.92 (7.09%) 1:22PM ET.
Until later focus on being greater!
Author of Ivy’s Twisted Vine
For more of Zach Pontz’s CNN story visit: http://www.cnn.com/2008/TECH/12/03/kindle.electronic.reader/index.html?iref=mpstoryview