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Why eBook Subscription Services Will Finally Succeed In The Coming Decade

I'm the owner and founder of PIT Designs. I love creating digital presence and creative digital solutions for our clients.

Posted 4 months ago on October 14th, 2022.

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As mentioned earlier, with the explosion of digital content available via streaming services like Netflix, it is now possible to read almost anything you want from somewhere close to anywhere you have internet access.

Amazon Kindle Unlimited

This includes not only fiction books but also nonfiction ebooks that contain lessons and information you can apply to your life.

Amazon has been one of the biggest influencers in this space since it launched its Kindle ebook subscription service back in 2015.

Now, three years later, they are making significant changes by introducing a paid tier for their service.

The paid membership will cost $9.99 per month or $109 per year which gets you access to all of the same features as the free tier, just without some of the limitations.

Apple Books

As discussed earlier, with every new technology trend, there is always an early pioneer that sets the tone for what comes next. With ebook writing services, that leader was Amazon.

Amazon has dominated ebook market share since they launched their Kindle app back in 2011! They now have over 100 million active users of their own mobile reader app, making them the largest self-publishing platform out there.

But while most people use Amazon’s service to read books, it isn’t the only one. There are many other great ways to get your fix of readable content quickly and easily.

And more importantly, there are lots of different types of readers who prefer reading material from various sources. So why not let everyone enjoy the freedom of choice?

Penguin Random House

With over 700 million ebook readers worldwide, it is clear that people love reading books! Unfortunately, though, most major book publishers are not doing well these days- they are going through significant struggles to survive.

Many of them have lost their market dominance due to competition from lower priced competitors like Amazon and online shopping sites such as Oyster where you can read ebooks for free.

Some smaller publishers have even been shut down completely due to lack of revenue. It is very hard for them to compete against companies with lots of money to spend marketing and advertising their products.

So what happens when there are no bigger budget advertisers to buy space on digital platforms? Well, the platform will start to feel the effects soon! This is why I believe that ebook subscription services will succeed in the coming decade.

Granted, some successful ebook subscriptions already exist (for example, Scribed), but none of them really seem to be taking off yet. That could change if something were to get rid of the barrier to entry which is the price per month.

Google Play

Recent developments have shown that even big companies are now moving away from buying and distributing content through traditional channels. Technology has made it possible for anyone to produce, distribute, and market their own content at no cost!

With the ease of creating your own ebook you can easily start writing books and marketing them online. There is already a growing community of writers who earn revenue off their skills by publishing ebooks.

It’s easy to see why people are producing their own content these days as we live in an era where media literacy is important. A lot of young people don’t know how to use technology or read, so they trust sources with large advertising budgets over sources with smaller advertising budgets or no advertisements at all.

This isn’t always a bad thing but there is a need for alternatives to this source of information. Luckily, digital distribution systems like Amazon Kindle make it easy to do just that!

Barnes & Noble

Since closing its doors at the end of 2018, Amazon has been making waves by offering more ways to access your favorite books. With every purchase you make through their platform, they offer either an ebook or audiobook as a gift!

This is great for two reasons. First, it gives someone else’s own copy of the book that thing needed to read it. Second, it helps them get into reading!

By giving away both pieces of content free of cost, Amazon removes one of the barriers towards literacy. It also creates a sense of community where people can share their love of literature with each other.

With over 70 million active members (and growing) across all of their services, this company has never stopped reaching out to others. They are always looking to connect with new readers and writers.

Their influence will only grow wider as time passes, so why not join the party and give back?