Tag: Amazon Kindle

  • With 7-inch Display, Amazon Releases Kindle Paperwhite in India for INR 16,999

    The Kindle Paperwhite, which has the largest screen in the range, was introduced by Amazon in India on April 30. The updated model features a lighter, thinner design and a 7-inch glare-free e-ink display with narrow bezels on either side.

    Additionally, it is the first Paperwhite to receive an improved dual-core processor, which, according to Amazon, increases responsiveness and speeds up page turns by 25%.

    The Kindle Paperwhite comes in a black hue and costs INR 16,999. For INR 1,999, customers can get individual covers in the colours black, marine green, and tulip pink.

    Features of Kindle Paperwhite

    The new Paperwhite’s 7-inch glare-free E Ink display, which now has oxide thin-film transistors for better contrast, is its main attraction. Both readability and mobility should be enhanced by the larger screen and smaller mass, even though the resolution stays at 300 ppi.

     In low-light conditions, readers can also activate the dark mode and change the display’s warm glow. According to Amazon, the new Kindle Paperwhite’s battery lasts 12 weeks between charges, thanks to USB-C integration. With 16GB of inbuilt space, storage is also increased.

     In terms of software, Amazon claims that the Kindle app for iOS and Android now makes the setup process easier. Another feature on the Kindle is X-Ray, which offers more background information on characters or settings in a book.

     Integrated dictionary for fast translations and word searches. Word Wise, which aids in reading flow by placing brief definitions over challenging words. Like its predecessors, the new Kindle Paperwhite is tightly integrated with Amazon’s e-book ecosystem, offering access to more than 1.5 crore volumes in Hindi, Tamil, and Marathi, among other languages.

    Over 20 lakh eBooks are available to Kindle Unlimited users, while Prime members receive a free rotating selection of books.

    Factors that Attract Readers to Kindle

    For anyone who enjoys reading on a screen or while on the road, the Kindle has been the standard e-reader. Since Kindles use e-ink displays, their panels are glare-free in contrast to those of smartphones, laptops, and tablets.

    Although it still can’t match the visual experience of paper and printed text, it is the next best thing for readers. The e-ink display’s refresh rate is a drawback because it is much slower than that of conventional screens.

    However, Amazon has made substantial improvements to the speed of its Kindles in recent years. The new Kindle Paperwhite, which has a 25% faster page turn speed, may do even better in this area.

    According to Dilip R.S., Director and Country Manager, Amazon Devices India, “Its lightweight design makes it convenient to carry and read on the go, and its largest-ever display adds reading comfort. We are excited for our customers to use this new Kindle to unlock stories from a wide variety of Indian and international titles available on Amazon.”

  • The Ultimate List of Amazon Failed Products and Services

    Naturally, one of the world’s largest and most influential firms would prefer to sweep any rare mistakes and misfires under the rug and claim they never occurred.

    Amazon originally started when founder Jeff Bezos began selling ebooks from his basement in Washington. It is presently the world’s largest online marketplace. So, you can understand Jeff’s desire to focus on his company’s incredible triumph rather than explaining the occasional failure.

    Jeff’s failings are treated with refreshing candor. He’s more than willing to discuss how he lost billions on failed business projects. It’s all part of his vast master plan, and he doesn’t think it’s a big deal to take large chances that sometimes backfire. And, as the firm expands, everything has to double, including the magnitude of your unsuccessful trials, according to him. You won’t be created at a scale that will genuinely shift the dial if the size of your flops doesn’t expand.

    That’s great news since Amazon has had its fine dose of flops, turkeys, and wrecks over the years. But it’s nice to know that none of them is causing Jeff any sleepless nights. So, let’s look at Amazon failures with a list of failed products:

    1. Amazon Fire Phone
    2. Pets.com
    3. Kozmo.com
    4. Askville
    5. Amazon Kindle on iPhone
    6. Amazon Destinations
    7. Amazon Local
    8. Amazon Wallet
    9. Amazon Local Register
    10. Amazon TestDrive
    11. Amazon Music Importer
    12. Crucible
    13. Amazon Spark
    14. Amazon Restaurants
    15. Amazon WebPay
    16. Amazon Dash Button
    17. Amazon Tap
    18. Amazon Cloud Player

    Amazon Fire Phone

    Amazon Failed Products - Amazon Fire Phone
    Amazon Failed Products – Amazon Fire Phone

    With the launching of a new smartphone, you’d expect that a firm like Amazon would be on relatively safe ground, given its popularity with Kindle gadgets, tablets, and streaming devices. This Fire phone seems to be the natural next step amid a flurry of marketing hoopla in 2014.

    The new device is described by Jeff as “beautiful, elegant, and sophisticated.” The device’s four front cameras worked in tandem to offer a broader view, which was one of the phone’s best features. This effectively meant that the parallax effect was applied to your pics, giving them depth and a wonderful 3d feel.

    So you could flaunt your plate of spaghetti bolognese at that hip new eatery. A similar approach might be used for Amazon products, enabling you to simulate that dazzling green mankini in spectacular 3d before making a purchase. Initially offered for $200 with a two-year contract. Sadly, it took several months for the rate to drop drastically to $0.99 cents, and Amazon still could transfer them.

    Despite this, Amazon did not discreetly halt production, given the fact that the fire phone had shed 170 million dollars. So, what’s the issue? Well, Amazon stunned the industry by charging top-tier pricing for Kindle tablets and Fire TV. Amazon had built an image for offering top quality at cheap rates. Not only was it good, but it was also cost-effective.

    The Fire phone’s upscale costs implied something was spectacular about Amazon’s new device, but there wasn’t; it looks tacky and a little unpleasant. Technically, the 3D stuff was great, but it was essentially a ploy. Amazon had arrived far too late to the game with an overpriced item that didn’t offer anything novel or beneficial, making Amazon Fire Phone one of the biggest failures of the company.

    This time, there wasn’t such a blazing fire. It’s more of a smoldering ember.

    Pets.com

    Amazon Failed Products - Pets.com
    Amazon Failed Products – Pets.com

    Over the course of the year, Amazon has made several really smart investments, as well as a few bad ones. They poured money into the disastrous pets.com’s initial round of fundraising in 1999, yet only own 54% of the company. Simultaneously, the CEO of pets.com, Julie Wainwright, defined the corporate partnership as “a match made in heaven.” When the dot com bubble burst a year later in 2000, pets.com became the most well-known victim.


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    Kozmo.com

    In the same year, Amazon put nearly $60 million into kozmo.com, a promising internet endeavor. Free one-hour shipping of DVDs, games, and books was made available via bicycle, van, and, most likely, skateboard.

    Business insiders cautioned from the outset that the free shipping model would never be economically feasible for the firm, and it appears that they were true, as Kozmo did ultimately try to charge shipping costs, but it was too late to cancel the firm from going bankrupt, taking Amazon’s $60 million worth with it.

    Askville

    Amazon Failed Products - askville by Amazon
    Amazon Failed Products – Askville by Amazon

    In 2006, Amazon released Askville.com, which was one of the oddest Amazon products. Perhaps the loss of the Kozmo hasn’t been thoroughly learned. This was a fresh collaboration with Kozmo co-founder Joseph Park, who had come up with a novel plan for a user-driven Q&A portal where users could pose and reply to pressing topics of the day.

    The notion wasn’t entirely awful, and it’s a model that later evolved into flourishing groups on sites like Quora. However, the Askville method was a little cringe-worthy, as it assumed that the portal needed to be more than just faqs to retain users. They devised a fun gamification concept in which players win or lose XP points based on the merit of their responses. Players were also urged to acquire quest gold, which could be traded for Gift vouchers or Askville shop items.

    Finally, the overly convoluted concept fizzled out, leaving the comment sections essentially blank and meaningless. “Why does Amazon continue sponsoring askville.com?” was one of the last comments made on the site before the forums were permanently shut.


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    Amazon Kindle on iPhone

    Say you’re using the Kindle app on your Android, and you’re in the middle of an Amazon-Apple verbal battle. You peruse a list of intriguing books. You finally make up your mind about which book you’ll read soon. You press the large, cheery buy now button, and the book is quickly installed on your phone. It’s that easy. That’s how apps were designed to work.

    Now, imagine you’re on your iPhone, surfing the Kindle app. You peruse a list of enticing books. You finally decide which book to read next. You press the huge cheery buy now button and are forced to halt since you are unable to proceed. There’s no button because, in a bizarre twist of fate, you can’t buy books inside the iPhone version of the Kindle app.

    The issue began when Apple demanded a 30% cut of all orders placed through its apps. Amazon was not pleased with this because they also required a part in writer earnings from each eBook sale, and paying Apple a 30% cut wasn’t gonna work. Sadly, the two business behemoths were unable to strike a deal.

    Amazon attempted to avoid the app toll by embedding URLs to the Kindle app in their web-based Kindle store, ensuring that eBook purchases were not made inside the app.

    When Apple tightened the regulations even more and disallowed external buy URLs, iPhone owners were put in the perplexing scenario of having to navigate and leave the app, seek the web edition of the shop, buy books, and then return to the app. On your iPhone, you can use the Amazon Kindle, which is insanely difficult and completely ludicrous.

    However, given that the Kindle app was created to be a medium for acquiring and reading, the iPhone edition is among Amazon’s lengthiest flops, failing to meet half of its purpose.


    Apple Books vs Amazon Kindle | How Amazon Won the Ebook War?
    Ebooks are already a multi-billion dollar market. Read along to know more about the battle between the two biggest players Amazon Kindle and Apple Books.


    Amazon Destinations

    Amazon Failed Products - Amazon Destinations
    Amazon Failed Products – Amazon Destinations

    Well, here is a brief live experience on Amazon. There was a high chance of victory, but he was yanked so swiftly that they’d just lost out if he blinked. Amazon Destination was the firm’s foray into the hotel reservation business, enabling weekend breaks and utopian escapes at regularly quoted costs.

    Their hotel partners were ecstatic with the latest arrangement, noting a spike in traffic and reservations after using Amazon’s novel tool. The pricing wasn’t precisely bargained, but the notion was that Amazon’s massive internet persona might help place regular hotel ads in front of a far wider public than ever.

    Widely expected to be a big leader in the OTA business, Amazon appeared to be on the correct path with this latest product but then abruptly disappeared from the web a few months later, like it took a tragic trip into the Bermuda Triangle.

    Nobody knows why Amazon has been unusually quiet on the topic. We can surmise that Amazon’s new business was harmed by the rising presence of other key OTAs like Expedia. Some corporate analysts claim that a highly effective operator must devote their entire attention to the offering rather than being one of several other goods offered by the firm.

    We’ll never know why Amazon destinations tend to drop so soon because Amazon hasn’t disclosed the numbers from this failed idea. One should probably post a query on Askville.com.

    Is Amazon Prime Video Failing?

    Amazon Local

    Amazon Failed Products - Amazon Local
    Amazon Failed Products – Amazon Local

    In 2011, Amazon developed a portal for localized discounts. The design was identical to Groupon and LivingSocial, both of which have struggled. Amazon stated in October that Amazon Local would close down on December 18th, 2015. It is one of the most disastrous failed Amazon products, highlighting the challenges companies may face when introducing new innovations to the market.

    Amazon Wallet

    Amazon shut down its digital wallet just six months after it was released in the spring of 2015. Users could save vouchers and loyalty cards on their phones to pay for in-store and e-shopping, but credit/ debit cards were not supported. Amazon still accepts electronic purchases through Pay with Amazon, but unlike Apple and Google, it doesn’t offer a user-facing wallet. This closure marked one of the notable failed Amazon products in the company’s history.

    Amazon Local Register

    Amazon Failed Products - Amazon Local Register
    Amazon Failed Products – Amazon Local Register

    Local Register was a new effort to assist local shops in accepting payments via a smart card processing system. It was similar to Square’s and PayPal‘s, but it never gained traction, and Amazon announced in February 2016 that it would be discontinued.

    TestDrive

    Amazon Failed Products - Amazon Test Drive
    Amazon Failed Products – Amazon Test Drive

    This service was launched in 2011 and allows customers to try new apps before acquiring them from the Amazon App. The initiative was shuttered by Amazon in April, claiming a drop in demand and the recent surge of the “free to play” biz paradigm. This move marked one of the instances where Amazon fails to sustain a service due to shifting market trends and customer preferences.

    Music Importer

    Amazon Failed Products - Amazon Music Importer
    Amazon Failed Products – Amazon Music Importer

    In 2012, Amazon introduced the Music Importer, which allowed customers to import any tracks they’ve saved to their PC and build an online collection. However, Amazon then developed Prime Music, a similar-to-Spotify-and-Pandora-style streaming site that rendered Music Importer outdated. In October, Amazon notified the end of Music Importer.

    Crucible

    Amazon Failed Products - Crucible
    Amazon Failed Products – Crucible

    Crucible was a free-to-play team-based shooter game developed and published by Amazon Game Studios. It was officially launched on May 20, 2020. It was Amazon’s first major original title published by their gaming division, which had previously focused on tablet games.

    Several factors contributed to the failure of Crucible. Firstly, the game faced criticism for its lack of originality and failure to stand out in the competitive online gaming market. The gameplay mechanics were not well-received, and the game struggled to find its target audience. Additionally, technical issues and a lack of polish further hindered the player experience. The decision to revert the game to closed beta shortly after its initial release and ultimately discontinue it in November 2020 indicated that Amazon acknowledged the challenges and limitations of Crucible and chose to shift its focus elsewhere in the gaming industry.

    Amazon Spark

    Amazon Failed Products - Amazon Spark
    Amazon Failed Products – Amazon Spark

    Amazon Spark was a feature within the Amazon mobile app that allowed users to discover and shop for products through photos shared by other users. It was essentially a social shopping platform where customers could post pictures, write reviews, and engage with others in a social feed. It was launched in 2017 to replicate the influencer-driven social commerce experience of platforms like Instagram and Pinterest.

    Spark failed to gain significant traction and was eventually shut down in 2019 due to a combination of factors: lack of authenticity, poor integration, limited reach, inadequate moderation, and a changing social media landscape. Amazon’s attempt to create a social media platform specifically for Prime members fell short due to its inauthenticity, poor integration with the overall Amazon shopping experience, limited reach to non-Prime members, ineffective moderation, and the rise of short-form video platforms that shifted user attention away from static image-based social commerce.

    Amazon Restaurants

    Amazon Failed Products - Amazon Restaurants
    Amazon Failed Products – Amazon Restaurants

    Amazon Restaurants was a food delivery service offered by Amazon. It allowed customers to order food from local restaurants through the Amazon website or mobile app, and the service would facilitate the delivery. It was launched in 2015 in Seattle and gradually expanded to other cities in the United States and internationally. The service aimed to leverage Amazon’s vast logistics network and customer base to compete with other popular food delivery platforms.

    Amazon Restaurants ceased operations in the United States in June 2019. The decision to shut down the service was attributed to intense competition in the food delivery industry, where other established players like Uber Eats, DoorDash, and Grubhub dominated the market with a 75% share of the US online delivery market. Amazon did offer free delivery to Prime members and a selection of 200 dining establishments, but this was not enough of a competitive advantage. Amazon likely found it challenging to capture a significant market share and achieve sustainable profitability in the face of such competition.

    Amazon WebPay

    Amazon WebPay was a free-to-use online payment service launched by Amazon in 2007. It allowed users to send and receive money from friends and family, pay bills, and make online purchases. WebPay was designed to compete with other online payment services such as PayPal and Google Checkout. Amazon invested an estimated $10 million in WebPay in its first year of operation. The company hoped the service would attract new customers to its website and increase its share of the online payment market.

    Despite Amazon’s backing, Amazon WebPay failed to gain traction in the competitive online payment market. The service’s high fees, limited features, poor marketing, and inability to keep up with the evolving industry landscape all contributed to its downfall. It failed to address customers’ requirements better than other services. In 2014, Amazon announced the closure of WebPay, acknowledging the challenges of competing in a crowded market and the importance of differentiation.

    Amazon Dash Button

    Amazon Failed Products - Amazon Dash Button
    Amazon Failed Products – Amazon Dash Button

    Amazon Dash Button was a physical, Wi-Fi-enabled device launched in March 2015 that allowed users to reorder specific products with the push of a button. Each button was associated with a particular product, such as laundry detergent or pet food. When pressed, the Dash Button would order that specific item through the user’s Amazon account.

    Numerous issues resulted in the discontinuance of the Amazon Dash Buttons. Vice President of Amazon Daniel Rausch agreed that the idea of physical buttons for reordering was a terrific first step toward the linked home but that having more than 500 buttons for different things created an enormous obstacle. The physical buttons became redundant when the Amazon Prime app introduced Virtual Dash buttons as a more convenient option. Appliance manufacturers incorporated automated replenishment systems through the Dash Replenishment Service, which removed the requirement for manual ordering. The final factor contributing to Dash Buttons’ demise was Amazon’s Subscribe and Save program, which offered discounted recurring monthly deliveries. Consequently, in February 2019, Amazon formally terminated the Dash Button program.

    Amazon Tap

    Amazon Failed Products - Amazon Tap
    Amazon Failed Products – Amazon Tap

    Amazon Tap, launched in 2016, was a portable Bluetooth speaker with Alexa, requiring a tap to activate. Despite standard features like Wi-Fi and USB charging, it failed to gain popularity due to the lack of hands-free voice activation. Competing in a tough Bluetooth speaker market, users preferred other options for better sound quality. By 2018, Amazon discontinued the Tap, focusing instead on its successful “Alexa Everywhere” strategy, expanding Alexa beyond speakers. Meanwhile, the Echo Dot thrived, becoming Amazon’s best-selling product in 2019, while the Tap never saw a second generation.

    Amazon Cloud Player

    Amazon Failed Products - Amazon Cloud Player
    Amazon Failed Products – Amazon Cloud Player

    Amazon Music Importer, launched in 2012, let users upload and stream music from the Amazon Cloud Player with 5GB of free storage. However, by 2015, streaming services like Spotify and Apple Music had taken over, reducing the need for MP3 collections. Amazon shut down Music Importer as users shifted to streaming, and its features were already integrated into the Amazon Music app, making it redundant.

    Conclusion

    The real kicker is that Amazon is indeed bracing for more setbacks ahead. Jeff seemed to like the prospect of losing large sums. “If you feel that’s a significant failure, we’re planning on even greater setbacks presently, and I’m not joking,” he said when questioned about the Fire phone screwup.

    In the latest shareholder letter, Jeff mentioned that if Amazon periodically experiences mega-dollar fails, the company will explore the ideal scale for a firm of its size, emphasizing the need to learn from and navigate through any Amazon fails. Of course, such tests will not be undertaken lightly. We’ll try to place smart bets, but not all will pay off. Amazon product failures highlight how even major companies can struggle with innovation, as some products fail to meet user expectations or adapt to market changes.

    I’m excited to see what incredibly amazing Amazon failures the company encounters in the next few years, as it will provide me with more content to blog about and analyze.

    That’s all, folks, for today.

    FAQs

    What failures did Amazon endure?

    Amazon Fire Phone, Pets.com, Askville, and Amazon Destinations are some of the biggest product failures of Amazon.

    What year was Amazon founded?

    Jeff Bezos founded Amazon in 1994.

    Who is the owner of Amazon?

    Jeff Bezos is the founder and former CEO of Amazon; he founded Amazon in 1994.

    What is Jeff Bezos’s response to the failure of products?

    Jeff Bezos responded that they are bracing for more setbacks ahead when questioned about the Fire phone screwup.

    What are Amazon CEO notable failures?

    Amazon CEOs have faced notable failures, including the Fire Phone, which failed due to poor sales, and the Amazon Tap, which lacked hands-free voice activation. Other missteps include the shutdown of Amazon Restaurants and the discontinuation of Dash Buttons, showing that even tech giants face challenges in innovation.

    Why did Amazon Fire Phone fail?

    One of the reasons Amazon Fire Phone failed is Amazon arrived far too late to the game with an overpriced item that didn’t offer anything novel or beneficial.

  • Apple Books vs Amazon Kindle | How Amazon Won the Ebook War?

    Most of us are into books. After all, books provide companionship like no other. However, the way most of us consume book content is different. While most people in India are still into paperbacks, the ebook market has been swiftly growing in India thanks to Amazon Kindle and the emergence of iPads. When we look at the global picture, eBooks are already a multi-billion dollar market that just continues to grow with each passing day. Today, we shall look at a very interesting case study — the much-coveted battle of the titans in the ebook arena. Read along to know more!

    How to Sell eBooks on Amazon?

    Kindle – The First Mover and the Emergence of the Fiercest Competitor to the Ebook Monopoly
    Apple and the Subtle Art of Getting Things Right!
    Steve Jobs – The Magician in Action
    Negotiations – The Stuff of the Legends
    The Struggle for Power – The Amazon Advantage

    Kindle – The First Mover and the Emergence of the Fiercest Competitor to the Ebook Monopoly

    Global eBook Market Revenue (2017 to 2027)
    Global eBook Market Revenue (2017 to 2027)

    Amazon’s Kindle is the device that Amazon wants you to buy to replicate a book-reading experience similar to the paperbacks. The ebook reader which also comes in a monochrome mode has been the talk of the town for more than a decade now. With a discounted price tag compared to their Paperback versions, Kindle is becoming the standard medium to read books across the internet.

    But…

    There’s a catch! They ain’t the only big player in this. Amazon’s dream run with Kindle was dented by the introduction of iPad, the undisputed tablet killer that has built a reputation around itself to outclass any screen experience that is more than 7+ inches, so much so that they are seen as a potential replacement to the standard computer and laptop.

    Apple and the Subtle Art of Getting Things Right!

    Apple’s reputation knows no bounds, whatsoever. The company’s consistent ability to innovate and introduce new solutions to existing alternatives made the company what it is today! Right from the iPhone to the iPod and now the iPad, Apple was doing exactly what an Apple loyalist or a branding enthusiast would expect a brand of their pedigree to do in the first place i.e. innovate better.

    It seemed like a path of thorns for anyone entering the tablet and reader segment due to the failures in the past and the increasing dominance of Kindle in the eBook genre. Apple’s announcement of the Apple Books was already deemed by a few industry experts as a potential failure. However, as they say, you can’t just rule the biggest company on the planet out of the picture, in no way whatsoever. The iPad arrived and took the standards for a tablet to a whole new level, with the iOS experience being the cherry on top. The iPads weren’t just better in terms of design and built, but also the superior software optimisation and the quality of apps were also several notches higher, something that was synonymous with the Apple experience over the years.

    Apple introduced the Apple Books or the iBooks — whatever you say and gave it a shot against the established Kindle. But, on what grounds? Read further to know!

    Steve Jobs – The Magician in Action

    Let’s face it. One cannot resist and admire in awe when a magician casts a spell. All of us have been in that zone as children when the magic led us to see things that we never knew could happen. It was the work of an expert magician who understood his skill set better than anyone else and backed it up with supporting material. Isn’t it?

    Well. That is exactly what Steve Jobs did with his positioning skills in the first place. Jobs understood the threat posed by Amazon in the vastly lucrative eBooks market. He knew that Amazon would be playing on the pricing, a move that was inspired by the Palo Alto-based iPhone manufacturer itself, as Amazon cloned what Apple did with iTunes to dominate the music industry. Amazon was selling the eBooks at a uniform discounted price of $9.99 storewide, a step that was vastly criticized by publishers, for the impending impacts it would have on their already nurtured offline markets, as the prices were considerably low when compared to what they were selling offline.

    Apple had to do something, and they did it in style. Steve jobs, the undisputed genius and the then-CEO of Apple reached out to the leading publishing houses that were already selling on Amazon. Jobs considered Amazon’s loss-leading pricing strategy a suicidal move in the long run and wasn’t willing to replicate the same and compete with the e-commerce giant on the pricing front. Instead, Jobs eliminated the only entry barrier that Kindle had over its competitors i.e. pricing.


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    Negotiations – The Stuff of the Legends

    When you can get an exclusive agreement with the leading publishers on the planet, namely Macmillan, Penguin, Simon & Schuster, HarperCollins and Hachette, being the early adopters even before the launch of the iPad, not many would doubt your abilities to negotiate. Steve Jobs wanted to get a substantial market in the eBook category, and with the iPad alongside a widespread distribution of 120 million paying customers at iTunes, Jobs knew he had a golden chance to capitalize on the monumental reach of iTunes and the Apple ecosystem.

    But then, he had to first grab market share and do something about the seemingly low $9.99 price tag by Amazon. He devised a strategy and offered publishers to sell with iBooks and make the best use of 120 million paying customers.

    However, there was a simple T&C, that the publishers had to comply with i.e. the books can’t be sold below the $12.99 to $14.99 price tag on Apple’s iBooks and any other platforms of such kind. If any other platform, including Amazon, doesn’t comply with the same, they would lose access to the publishers and their IPs. It was simple, yet a masterstroke by an undisputed genius. Publishers pulling off and forcing Amazon to price their eBooks at $12.99 to $14.99 came out as a bolt from the blue for Amazon who wasn’t prepared for such a situation. An ‘Uno Reverse’ of the highest standards!

    The Struggle for Power – The Amazon Advantage

    It took the genius in Jobs, just two emails to convince HarperCollins to sell with iBooks and that too at a Premium price tag when compared to Amazon. Jobs was able to convince four of the six leading publishers globally of the need to price eBooks at a premium to generate sustainable profits, something that was crucial for the expenditures and investment in marketing and infrastructure.

    The internal settlements, however, led Amazon to turn up against Apple in court, with Apple and the publishers fined $450 million as alimony to the customers in 2016. Apple’s urge to the publishers to rake in moolah with premium pricing received criticism from the customers and even the court accused them of unfair practices. Finally, it seemed like a Dawn for Amazon which had been going through a tough time, competing as the loss leader across important categories. However, the battle is still far from over with Apple having a considerable marketing and distribution advantage, and a pool of premium customers.

    Conclusion

    The tale of two contrasting ideologies, and two of the biggest corporate giants on the planet comes across as a goldmine for young entrepreneurs to understand how big shots ideate and execute their plans, and cut their competition short. Apple won a few battles with their sheer distribution network, the hardware and software quality, and the marketing genius of Steve Jobs. Whereas, Amazon had a competitive advantage with the way they had already won consumers’ trust with their loss leader strategy, as consumers always prefer quality products at a cheaper price, something that Amazon was rightly aware of. The battle continues to evolve, with both companies having deep pockets to dominate the market. However, only time will tell who ‘wins’ in the long run—one deal at a time!

    FAQs

    How much is an Amazon eBook subscription?

    You can get a Kindle Unlimited subscription for $9.99 a month, which you can cancel anytime.

    What is Apple books?

    Apple Books (formerly known as iBooks) is an e-book reading and store application by Apple that you can download to an Apple device.

    Is it better to buy a Kindle or books?

    If you are a frequent reader who enjoys discovering new books, the Kindle may be a better option for you. Reading on Kindle can save you money, as a Kindle edition of a book is cheaper than the paperback or hardcover version of the book.