Whatever is Digital Text Platform?

Amazon Launched the Kindle a while back (about 8 months ago), and with that started a converation about the future of publishing industry. A lot of people commended Amazon for its innovative eBook reader, while a lot of people claimed Kindle was a big “gamble” that would surely backfire on Amazon.

But what Amazon did with the Digital Text Platform not only will revitalize the eBook industry, it will allow more people to enjoy electronic books on their Kindles. The Digital Text Platform which is still in Beta allows you to publish your books to the Kindle platform. In essence, now you can pull out the old articles that you have written, staple them together, and put them on DTP, and you are set to start selling your product in Kindle Store.

Amazon is going to make a lot of money out of their platform too. They essentially take 65% of what you sell. So if you sell a book for $100, Amazon will keep $65 and pay you only $35.  But the fact that the platform is there will allow more people to come out with their publishable content. I don’t really mind having more options available for my Kindle. The question is, will we ever get the price down to $4.99 per book in order to make it more affordable for more Kindle users?