I've been getting a lot of questions about my free report, 90 Days to $400 Profit a Week on Amazon. There is some concern that going into the book business is not a good idea with the invention of electronic book readers like the Kindle. This is an area of heated debate out in the blogosphere.
The Kindle and electronic readers are amazing gadgets, and this article certainly isn’t Kindle-bashing. But, as amazing as the Kindle is, it will never completely replace printed books. Much of the speculation of the demise of the book industry stems from the comparison of what MP3 and digital music did to the music industry, which is completely different than the book and print industry. Think about it this way – did instant coffee put an end to regular coffee? Absolutely not!
Ultimately the Kindle is a gadget - and all gadgets are eventually replaced with something new. Although
Reading a book is about more than just the words and story - it is a
Printed books are more versatile - you can lend a book to a friend, make notes in it, underline your favorite passages, and fold down pages. It’s easy to take with you anywhere, and once you’ve finished with it can be sold or passed on to someone else. Books can be traded between people or donated to libraries for others to read.
A lot of readers enjoy saving books and developing a physical library of books that they’ve loved for years. Books can represent periods of time in our lives and remind us of strong emotions. Don’t you still have books in your collection that you read in high school?
Not all books are easily compatible with a Kindle. Art books, children’s books, coffee table books, repair manuals, sheet music, and cookbooks are not going to translate easily to a Kindle. Books can also be seen as art. They fill up shelves, provide visual stimuli, and texture to home and office décor. Books can be the focal point of a room.
You also run the risk of losing your entire library if you lose your Kindle. (The price of a Kindle ready book is sometimes more than a brand new paperback.) Books are more forgiving - if one falls into the pool or gets left in a hotel room you don’t lose nearly as much.
I am still seeing success with my Amazon business. I purchase about 50 books a week for resale and am selling about that many each week.