"The Perils of Book Gifting"
John Fox makes an absolutely critical observation here:
I'm afraid to give a book.Because when you give someone a book, it's not giving someone a DVD or movie tickets, which requires two hours of time, two hours that requires virtually no mentally energy. No, you're requiring five to ten hours of their time. And especially if the book is dense or difficult, you're requiring a thick chunk of concentrating brain matter.
Now, if this is an issue just giving a book away, what does it mean to try to sell it?! (Se of you have heard me say it before...) I think I know the answer.
1. Charge almost nothing for it.
2. Charge an arm and a leg for it.
The publishers who figure out how to effectively execute 1. and 2. will be in business in 2018. The others...well, they might still be in business, but only if they've a big fat backlist. Cause it's not as if we'll stop reading Steinbeck. But who, in 2018, will license their intellectual property to a publisher who can't find readers through either of the two remaining ways. Unlike in the music business, where it was the consumer who stuck the dagger in the heart of the labels, in publishing it'll be the writers...

