Bookselling in 2011

    booksellingCheck out these industry prognostications for the year ahead.
    Special note to my clients–now you know why I insist that you maintain five social media presences along with your website and blog!

    Ebooks will account for one third or more of unit consumption.

    Agents will use e-book platforms to negotiate with large publishers.

    As unpublished authors bypass the slush pile, publishers lose first dibs on tomorrow’s future stars.

    The Big 6 publishers will increase ebook royalties.

    Average ebook prices will decline.

    Reader word-of-mouth, catalyzed by social media, will reign supreme as the single most important driver of book sales.

    source: Galleycat
    http://www.mediabistro.com/galleycat/publishing-predictions-for-2011-from-smashwords_b18421

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