Sharing Your Book Reading Habits

20140112-010028.jpg

20140112-010038.jpg

Book authors rejoice. There are several new digital publishing startups that will be feeding you the information you desperately need to write best sellers: the habits of readers.

For the first time ever, authors will be able to find out:

1) How long did it take most people to read your book?

2) What percentage of people actually read an entire book?

3) Did people read some chapters quicker than others?

4) How many folks skipped to the back of the book to find out whodunit?

Two of the most active new digital publishers are Scribd and Oyster. Spokesmen from both companies claim that all of their subscribers know that their data is going to be shared. Not their names, just the data.

Scribd and Oyster charge readers about $10 a month for a library of approximately 100,000 books. Fans can read as many books as they want.

Now that authors have more ammunition, they are more able to easily interact with their fans on Facebook, Pinterest, Twitter, etc. The digital experience is taking market research to a whole new level.

Scribd just revealed some interesting analysis:

“The longer a mystery novel is, the more likely readers are to jump to the end to see who done it. People are more likely to finish biographies than business titles, but a chapter of a yoga book is all they need. They speed through romances faster than religious titles, and erotica fastest of all.”

Oyster claims its top book, “What Women Want,” is read cover to cover. “Everyone who starts it finishes it. On the other hand, Arthur M. Schlesinger Jr.’s “The Cycles of American History” blows no minds: fewer than 1 percent of the readers who start it get to the end.”

All The Books You Can Read in a Month

20130908-204300.jpg

Eric Schneider and I met 47 years ago at Fairchild Publications where I worked for many years. September 9th is my work anniversary. Today, Eric and his wife Gail live a few blocks away from us in South Beach. He is a successful publisher. We continue pursuing our passions. Now for today’s post.
20130908-202519.jpg

20130908-202533.jpg

It was just a matter of time before someone created the same kind of service for books as we have for movies. A new startup called Oyster Books, located steps away from the Ace Hotel in Manhattan, a huge gathering place for the digital community, has been created to offer owners of mobile devices the ability to access countless books on a monthly subscription basis.

As soon as you join the Oyster club, you have unlimited access to a library of 100,000 titles for $9.95 a month. Every genre is available, and the list of titles is growing rapidly. Most of the big name publishers have joined forces with Oyster: Harper Collins, Houghton Mifflin, Worman, Melville House, Rodale, Open Road Media, Rosetta Books, and F+W Media.

Oyster is being smart about its rollout. Instead of letting the company’s servers get overwhelmed with orders, Oyster is pacing itself. I signed up a few days ago and I am still waiting for my official acceptance.

Once I am in, I will be able to see what my friends are reading, unless they activate a privacy option. I look forward to having Oyster learn my likes and dislikes so I can receive recommendations on other books I might appreciate. It’s always rewarding to learn about a new book. I like that I’ll be in the know about certain titles and able to put them on my “to read” list. It ensures many hours of satisfying entertainment.

Oyster was co-founded by three self-proclaimed technologists and bookworms, Eric Stromberg, Andrew Brown, and Willem Van Lancker. Learn more about their passion for books here.

It looks like we all better get used to the idea of “access versus ownership” when it comes to music, reading, housing, and transportation. As successful business models like Spotify, Über, Airbnb, and Netflix have demonstrated, this is the wave of the future.