Libraries have always played an important role in introducing patrons to new authors and new genres;
as bookstores decline, this role is becoming more prominent for many readers.
Not exact matches
A decade ago, independent
bookstores were viewed
as an industry on the
decline.
The
decline of brick and mortar
bookstores — independent stores
as well
as major
bookstore chains — leaves publishers wondering how emerging authors and their books will be discovered by new readers.
With Barnes & Noble posting its seventh
decline in
as many quarters and having almost all sales
declines every year since 2013, it seems surprising that the only major Canadian
bookstore chain would want to enter the U.S. market.
As bookstore sales
decline, Internet sales rise.
Barnes & Noble reporting slight gains in comparable sales in its core book selling business after years of
declines that had led many to wonder whether the largest remaining
bookstore chain might suffer the same fate
as Borders, which went out of business four years ago.
Griepp suggested that there was a significant
decline in graphic novel sales in 2009
as well, but that was masked by what he called «the Watchmen effect,» thanks to the enormous sales of the «Watchmen» graphic novel following the movie that accounting for 50 % of
bookstore sales in the first half of 2009.
The company has just announced they are closing their Taipei 101 outlet, the largest
bookstore in Taiwan which opened in 2004,
as it has suffered from a continuous
decline in sales in recent years.
And reading — though on the
decline — is still valued, something that was confirmed by Denis Kotov, CEO of St. Petersburg - based Bookvoed («Alphabet Eater»), one of the country's largest
bookstore chains: «People like to read in Russia very much, but
as booksellers we are competing with television, the Internet, and alcohol.»
Online
bookstores saw a significant
decline of 3.1 % in terms of market share (1.51 billion euros),
as did stationary stores.
As you mention, I wonder how publishers will adapt to the changing landscape — the
decline of physical
bookstores.
But
as the number of brick and mortar
bookstores decline (and
as many of the remaining ones cut author appearances), actually going out to speak at
bookstores is just a small part of what you
as an author can do to promote your book.
Workshop attendants will share their thoughts on any and all issues currently facing traditional
bookstores, including ever -
declining physical book sales, the importance of the
bookstore as an institution and how
bookstores can provide customers with books regardless of format.
Sales at
bookstores are expected to continue
declining as more consumers shop over the Web and shift to e-books, Gotaas said in a March research note.
As Stefanie Guzikowski recently wrote, because of the increasing number of new books appearing each year, plus the recent
decline in
bookstore sales, book publishing has become increasingly competitive.
And despite the recent fuss about the new partnership for ebook sales between Google and the American Booksellers Association, it is inevitable that
as ebook sales rise, brick - and - mortar stores will
decline and publishers will gradually lessen their investment both in the
bookstore - based physical distribution network and in print editions.
While there is nothing wrong with this, the length of time it takes to break in this way is a negative,
as is the
declining number of
bookstores.
And despite the recent fuss about the new partnership for ebook sales between Google (GOOG) and the American Booksellers Association, it is inevitable that
as ebook sales rise, brick - and - mortar stores will
decline and publishers will gradually lessen their investment both in the
bookstore - based physical distribution network and in print editions.
Serendipitous discovery is often mentioned
as one of the most vital things passing from the scene
as bricks - and - mortar
bookstores continue their inexorable
decline.
In the intro, I go into some pertinent publishing news: Kobo has become Tolino's tech partner, which makes it a much bigger player in the growing German ebook market; Amazon is opening a
bookstore in New York City; while Barnes & Noble reported a 9 %
decline in sales over the holiday period, there's discussion on the impact of the All Romance Ebooks closure, and once again, I talk about the importance of multiple streams of income,
as well
as multi - currency / multi-country income in order to weather the changes undoubtedly ahead and hedge against potential economic changes.
If ebook sales continue to increase
as a percentage of overall book sales, and if print continues to
decline as a format, and especially if brick - and - mortar
bookstore closers continue or accelerate, it'll become increasingly difficult for publishers to hold on to their best authors.