Commentary on various aspects of publishing and marketing, primarily focused on books, magazines, and social media.
Transition, transformation, disruption, disintermediation... whichever word you prefer, the publishing industry is undergoing a massive shift that's being driven by the Internet, with the news and magazine sides arguably a bit further ahead of the curve than the book side, for better or worse, though few major players among them are seeing any light at the end of the tunnel. The Atlantic is one of my favorite examples that I've cited often, and 2011 was the second great year in a row for the "legacy" brand that went all-in on a digital-first strategy in 2007 and are now reaping the…
Amazon has always understood that readers are the most relevant market and that's why they're in the position of power they're currently enjoying. Do they wield their big stick aggressively? Definitely. And so did B&N and Borders before them, and presumably whomever the boogeyman was prior to them were guilty of the same thing.
What comes with authors' shift to the business side is the reality that the water gets a lot deeper, particularly when it comes to attending conferences and registration fees. If you want to be a true self-publisher, there's a lot more to it than uploading your file to Amazon, and that includes bearing larger expenses like conference registration fees.
As anyone who's actually worked within a "vertical" knows, whether from a niche consumer or business-to-business angle (or, heaven help them, for a non-profit organization or political campaign), just because a subset of people share a common passion doesn't mean they're a single-minded group that can be engaged in one templated way. Every vertical that presents a viable business opportunity is going to have its own sub-communities and overlapping layers, with some often in direct opposition to others.
There are a number of challenges indie booksellers face—a shit economy being the biggest of them—and there are many that won't succeed, not because Amazon put them out of business but because THAT'S WHAT HAPPENS TO MOST BUSINESSES. There are many neighborhoods that simply can't (or won't) support a local bookstore, and that's perfectly normal, too.
If you're an author who has already been shook and sold your soul and firstborn to Jeff Bezos, I can see this seeming like a good short-term deal, but the potential repercussions are huge.
Much like Google didn't disintermediate big ad agencies via AdWords, nor TV networks or Hollywood studios via YouTube, but instead provided new channels for those who had no need for the Super Bowl, Amazon has done the same for authors who are better served with a scalpel than a mallet.
