Considered by some to be Netflix for readers, the Oyster app is a subscription service that lets users read an unlimited amount of e-books for a small monthly fee.
For $10 a month, users will gain unlimited access to Oyster's library of over 500,000 e-books. The Oyster library includes Pulitzer Prize winning novels, New York Times best sellers and even Oprah's picks. In addition to getting access to all of these books, the Oyster app offers recommendations from the editorial team, and recommendations based on books you've enjoyed in the past. Oyster is continuously adding books to their library on a weekly basis, and you can even message Oyster to ask them to get a specific book you might be interested in.
The Oyster app is available for Android devices, Apple devices and the Kindle Fire.
E-Book Subscription Services
The Oyster App is Netflix for Books
Trend Themes
1. E-book Subscription Services - Disruptive Innovation Opportunity: Develop a customizable e-book subscription service that allows users to curate their own libraries and share recommendations with others.
2. Netflix for Books - Disruptive Innovation Opportunity: Create a platform that offers a wide selection of e-books and provides personalized recommendations based on user preferences and reading habits.
3. Unlimited Access to E-books - Disruptive Innovation Opportunity: Develop a subscription-based model that allows users to access a vast library of e-books for a fixed monthly fee, expanding the reading experience for avid readers.
Industry Implications
1. Digital Publishing - Disruptive Innovation Opportunity: Develop a platform that revolutionizes the way e-books are published, distributed, and accessed, making it more accessible and affordable for readers.
2. Digital Entertainment - Disruptive Innovation Opportunity: Create a comprehensive digital entertainment platform that offers a variety of media content, including e-books, audiobooks, movies, and music, providing users with a one-stop entertainment experience.
3. Online Retail - Disruptive Innovation Opportunity: Partner with e-book subscription services to offer exclusive discounts and promotions for e-books, creating a new avenue for online retailers to engage with customers.