Wednesday, December 2, 2015

Judge a book by its chapter... and more...Pay-by-chapter



Judge a book by its chapter... and more

Pay-by-chapter downloads, animated characters, moving pictures, effects of thunder and lightning, publishers seem to be giving ebooks a whole new story in the hope of capturing the mobile generation.

Publishing house Westland just announced their tie-up with Bangalore based mobile publishing platform Dailyhunt to make available author Amish Tripathi's best-seller Shiva Trilogy in chapter format. It allows readers to buy and read one chapter at a time of any book at a cost of around 15, instead of paying for the book at full price. "We are in the process of launching more than 100 other titles in several Indian languages in the same format," says Virendra Gupta, CEO & founder, Daily hunt.
Tripathi says while the number of bookstores is diminishing, the number of smartphone users is on the rise. "Payby-chapter was first tested by a Chinese publishing firm that sold millions of books. India too is a price-sensitive market, so letting readers "try out" a book instead of paying for the whole book, will make it more `accessible'," says Tripathi.

With research firm Nielsen's 2015 India Book Market Report stating that despite India being among the largest English language book markets in the world, books still comprise less than 1% of total retail market in India, but account for 15% of the e-commerce. Staffers at several publishing houses in India say the seemingly rising numbers of ebook readers is on their radar and discussions are now being held on how to "enhance" ebooks in terms of content and marketing. While Harper Collins worldwide has launched an "unbound" app, which adds interactive features to ebooks, in India it is bringing out ebook compilations of one chapter each of all its releases of the month. "We are hoping that people will read the chapters and be drawn to buying the book," says Amrita Talwar, Harper Collins.

Publishing house Rupa too is trying the pay-by-chapter format for its ebooks format. "The ebook market is picking up slowly and the younger generation is reading on their ereaders, iPads and cellphones. Publishing houses have to learn to adapt," says Ritu Vajpeyi-Mohan, editorial manager, Rupa Publications. Children's book publisher Tulika has a series of enhanced ebooks slated for release next year. "We have ebooks planned with characters being animated, words coming to life, changing backgrounds, and audio read-along features," says Radhika Menon, founder, Tulika.

Leonard Fernandes, owner of Goabased CinnamonTeal Publishing, says with ebooks, sales success is hard to judge. "I feel the market figures may have been overestimated. And while as publishers we are trying to enhance the reading experience of an ebook, there is no evidence yet to show that this is what readers want," says Fernandes. 

Publishers and authors seem more optimistic. Westland head Gautam Padmanabhan says ebooks are the future, because there are not enough bookstores to keep up with the demand. "Bookstores are shutting down. Ebooks and mobile downloads are the only way to reach out to a wider audience," says Padmanabhan.


Regards

Pralhad Jadhav
Khaitan & Co

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