Applying Social Science Concepts to Business: E-Book Edition

Sunday’s Wall Street Journal reported that Amazon has stopped selling Kindle versions of all Macmillan titles.  John Sargent, Macmillian’s CEO, recently went to Amazon’s headquarters to try and negotiate new terms for the sale of e-books published by his company.  In general, the publishing industry has been unhappy with Amazon’s insistence that most books be [...]

The Apple-Amazon War Begins 1/27

My very first post back in August of last year examined Amazon’s attempt to disrupt the publishing industry through the release of their Kindle reading device.  The irony, of course, was that while Amazon was looking to Apple and the iPod and iTunes as inspiration their plans were most likely to be thwarted (or, at [...]

When is a price war not a price war? When it’s a loss-leader

James Surowiecki from The New Yorker (and Wisdom of Crowds fame) discusses the recent ‘price war’ that broke out between Wal-Mart and Amazon: [L]ike other price wars: all the companies involved got hurt. So you might wonder why Wal-Mart recently decided to start its own price war, taking on Amazon in the online book market. [...]

Innovation and Books

Scott Berkun discusses what he sees as the highest impact innovation in terms of books prior to the Kindle: The invention of cheap paperback books, Penguin makes books cheap enough for the average citizen (1935). This was a revolution in the U.S. as it made books cheap, portable and part of middle and lower class [...]

A lukewarm review of Barnes & Noble’s e-book launch

New Entry in E-Books Is a Paper Tiger Not exactly the kind of glowing review they were hoping for. But as the article notes, this is version 1.0. We’ll see if they work out the bugs.

Daily Linkage

Links of note for today: Roseabeth Moss Kanter tells us we must first dread change before we can master it.  I don’t know if we have to dread it.  A best practice for strategy professionals is a recurring evaluation of the market they operate in–both current and future states.  You don’t need to be scared [...]

An Innovator’s Dilemma: Amazon and Apple edition

The cover story in this month’s issue of Fast Company profiles Amazon.com and discussing the long-term strategy behind the Kindle and their push into the e-book market.  The article is a great read, especially as it provides insight into Amazon’s larger strategic goal. Not only is Amazon looking to pull an Apple by disrupting and [...]