Editor’s Note: We’ve been following the adventures of Adamo Books, Hungary’s first ebook reseller, for a while. The last post was here. In that update he mentioned he would be selling, on Amazon, a report on the Hungarian ebook market. Now, Atilla Lukacs updates us on his current status in an email I received today. PB
Hi Paul,
It’s high time I informed you about latest developments at Adamo Books.
This current material has three parts.
1. Adamo Books looking for outside investor
2. Latest developments at our webstore
3. Our Kindle experiement with my report „Slow But Growing – The Hungarian Ebook Market
Adamo Books Looking for Outside Investor
Peter and I have decided to look for an outside investor for our webstore. We have to increase selection significantly and upgrade our website (in fact, we will launch another webstore at a diffirent URL) so we need more financial resources. We are looking for an outside investor who wish to enter the currently small, but continuously growing Hungarian ebook market.
If anyone is interested in purchasing stake in our business, please ask more info at lukacsa@adamobooks.info
Latest Developments at Adamo Books
In the past months we started to sell our ebooks in three different file formats: PDF, ePub, PRC. We plan to sell all titles in these formats in the future. There are signs that we have to take PRC and ePub into consideration more than before: for example, one of our free ebooks, A végtelen vándora (Wanderer of Infinity) by Harl Vincent has been downloaded in ePub and PRC formats more often than in PDF in the past couple of weeks. However, PDF is still the leading format in paid downloads.
This year has brought a pleasant surprise: we have had the first purchases from the US – made by Hungarians living int he New World. We have always wanted to reach Hungarians living in North America – and now it has happened. The countries from which we have had customers so far include Slovakia, Romania (ethnic Hungarians living there), France, Germany, Denmark and the US.
Our bestselling author has been Istvan Nemere. Our bestselling title has been Szobafestes hazilag (Home painting) by Istvan Feher B.
Our top-downloaded free ebook has been A végtelen vándora (Wanderer of Infinity) by Harl Vincent.
Our Kindle Experiment with „Slow But Growing – The Hungarian Ebook Market
If you look at my stats below, you have to agree that our kindle ebook experiment has been a failure so far. I have had 3 sales so far. (Please, don’t laugh…) So far, so no good… But I don’t think this is so bad, it’s just an experiment, you know…
Amazon.com
Last Sale: 20 days,
11 hours
February Sales: 0
January Sales: 2
Current Rank: 295,433
Reviews
Sales Rank Stats Average Sales Rank Best Rank: 38,886
Worst Rank: 309,816
Std Deviation: 66,291
There might be a lot reasons for this poor performance. First of all: price. Amazon set the price of my report at $ 8.05 which is too high for a ten-page report. Another reason might be that mainly Hungarian readers could be interested in what’s going on in the local ebook market – but even so, I expected much better results…
Funnily enough, the second downloader has sent me a e-mail. It turned out that the second purchase was made by Pal Kerekes who had previously written a book about ebooks – and my business partner, Peter has purchased and downloaded his book as an ebook from the site Multimediaplaza.hu. How small the Hungarian ebook industry is…
