ReadWriteWeb

As we reported Thanksgiving Day, web searches and traffic for online retailers during the holidays were significantly down as compared to previous years, according to research from Experian Hitwise.

However, this Black Friday showed a 4 percent increase in site visits versus Thanksgiving Day traffic - a stat that usually falls between those two days. The retail site that got the lion's share of traffic this year was Amazon.com, which netted 13.55 percent of the traffic seen by the top 500 retail websites. Read on for a few surprising stats that might signal changes in the U.S. economy - and changes in how U.S. consumers will be doing their holiday shopping.

Last night we wrote about Forrester's prediction that online holiday retail sales will grow 8% this year to $44.7 billion. comScore had similar numbers about the growth of online retail - toy web sites grew 9% in October, as did the retail apparel segment. Online personal finance service Mint.com has joined the festive statistics parade, with data analyzing some of the U.S.'s leading retailers.

Mint analyzed spending data and compared it to one year ago. The data is for top performers in the third quarter this year, based on "average monthly spend per user versus recession lows."

Yesterday we reviewed the past decade in online retailing. Today we look at some forward-looking statistics about e-commerce. In particular we analyze the upcoming holiday season and how online retailers can expect to fare.

Amazon.com was founded in 1995, but it famously didn't make its first annual profit until 2003. Those days of struggle for e-commerce vendors are long gone. In its State Of Retailing Online 2009 report, Forrester Research reported that the vast majority of Web retailers were not only profitable in 2008 - in a recession - but also that their overall level of profitability grew.

In this fourth part of our investigation into the ongoing changes in the book publishing business, we look at the author's point of view. What are they getting today? What would they like to get? What can they reasonably expect to get as this drama unfolds? Authors are the creative juice of the whole eco-system. If they don't create material that people want to read, no one will make any money.

Their struggles in the old model have been well documented (of course, we should have expected them to write about their experiences): the starving writer up in the garret who uses rejection letters from publishers for wallpaper is an established literary hack. In the new world of print on demand, e-books and social media marketing, the author takes center stage. Those with an appetite for it can really take control of their work and commercial fortune.

In Part 1, we described the three big waves crashing down on the traditional book publishing business: Google Search, the Kindle and e-books, and print on demand. In Part 2, we indulged in some science fiction, envisioning the future of the major players in book publishing: readers, authors, printers, publishers, retailers, and e-book device vendors. In Part 3, we'll dig into one very specific business practice: returnability (a.k.a. "the curse of unsold inventory"). Some thinking outside the box on this 70-year-old business practice could possibly help an industry in turmoil. Unless e-books simply replace all physical books (which seems highly unlikely), some radical changes will need to be made to the physical book supply chain.

In part 1 of this series, we looked at the three big waves crashing down on the traditional book publishing business: Google Search, the Kindle and e-books, and print on demand. In this second part, we'll try to wipe the muck from our crystal ball and see how this could play out in the future, specifically for the major players of book publishing: readers, authors, printers, publishers, retailers, and e-book device vendors.

"Bits of destruction" is a phrase Fred Wilson uses to describe the destructive part of "creative destruction" brought on by digitization. We hear a lot about the destruction wrought on the newspaper business. A more interesting and nuanced wave is now hitting the book publishing business. Actually, it is three waves: the digitization of back catalogs, e-books, and print on demand. However this plays out, a lot of people will be affected, but the way in which it will play out is not at all obvious. This is too big a subject for one post, so read this as an introduction to a multi-post investigation.