The advent of the eBook era has given a lot of power to the independent authors and has also taken away a lot from conventional publishers of printed books.
Now anyone who feels like sharing thoughts, philosophy or experiences with the world can self-publish an eBook and release it over popular platforms such as Amazon Book Store. So the competition has been taken out in the open ground, with no restrictions.
Previously, it was very hard for a new writer to get his or her work published from a conventional publisher, given the state of strict editing and standards. But with digital books, these restrictions have pretty much been resolved.
This has also created problems for the writers that used to get their work published form conventional publishers.
Of course, the well known and reputed writers would continue to earn under royalties, but the less known writers would face strict competition from the emerging writers.
At present, several thousands books are being published per week and now that the cost and process of book publishing has been reduced to a considerable extent, this number is sure to increase with time.
Most of the eBooks that are published are fiction books and are available at a price of just 99 cents.
There is not any definitive standard of failure or success for an eBook writer, and as it generally happens in the cyberspace, the standards also keep shifting quite abruptly.
With the number of writers growing to a huge extent, it is also possible that best seller writers become relatively unknown after some time while those who have no readership today become the best sellers tomorrow.
Conventional publishers, on the other hand, are yet to form an effective strategy to cope with this storm of eBook publishing.
With the increasing onslaught of the eBooks, it is critical that traditional publishers form some kind of effective strategy for survival, in the absence of which the future seems quite bleak.