Really nice post this by Kassia over at Booksquare. I totally agree with her on the trajectory and have some slight quibbles (which I’ll blog about soon) on the outcome, but nothing terribly major.
As readers shift to digital, the economics of book shops will become skewed, favouring online emporia. Booksellers can react by hand-selling to customers and making themselves relevant, in the way that Raven Books in Blackrock, Co Dublin, has. (I am increasingly sure of finding a pile of relevant books there every time I walk in). No doubt this will mean concentrating on older, out-of-print, and second-hand books, titles that appeal directly to the customer, and print-on-demand works (though I am less convinced of the economic case for this).
Whatever way you look at it, as a big book-buyer I should be a chain store’s best customer. Instead, like many avid readers, I’m what’s killing them.
Then today I read an interview with Luke Johnson who ran Borders for a time. this is what he said:
I bought Borders thinking we could turn it around. I believed wrongly we could reverse the downturn in high street book sales. It’s a great sadness that we couldn’t. In my opinion, the high street book store is doomed.
He did say, that there was hope for stores like Watersones and that:
Publishers I’ve spoken to agree that the one-size-fits-all bookstore doesn’t have a future. But there is still room for independents that know their customers.
I agree the local independent have a chance. But the utterly depressing reality is that at least in the UK and Ireland, big high street stores are in trouble. Eason remains dominant here and may well gain some advantage from that, especially as supermarkets have been slower to take big steps into books (though Tesco is having an impact) but the slide is inevitable.
It contrasts fairly remarkably with the confidence of Barnes & Noble as pointed to in the last post.
One point that struck me yesterday was Waterstone’s belief in the power of ebook sales to drive their growth in their press release they said they had and ‘Excellent start for e-books at waterstones.com, approaching one million downloads.’
That makes two major booksellers on different sides of the water with hope of decent sales of ebooks. Interesting news I think anyway. perhaps if they can peel some of the sales away from Amazon in print, drive for sales in ebooks and slowly but surely wind down their bricks and mortar stores, they can avoid the downfall scenario I had originally envision and emerge as slimmer chains selling mostly virtually.
Declan Burke has asked for reader feedback on whether he should self-publish his book:
The basic idea is that I set up a project with a total amount that needs to be raised (€2,570). I let people know where and how they can pledge their €7, and hopefully 367 people buy into the idea. If the amount is raised within a specific time period (three months, say), then your pledge is accepted and transferred to my bank account, and shortly afterwards you receive your copy of A GONZO NOIR; if the total amount isn’t reached in a specified period, all pledges are cancelled and it costs nobody anything, except possibly yours truly’s pride. For more information on the Kickstarter project, clickety-click here.
So there you have it. Any takers?
I’ve read Declan for some time now and love his style and think he has been unfortunate not to a much bigger star. Please go tell him to try this out and when he does, please pledge him some cash!
I’ve posted a short essay on where we are and where we are going, publishing wise, over at EoinPurcell.com:
The means of publication and distribution have been opened up to many, many millions. Digital printing has been slowly but surely reducing the barriers to print publishing and the impact of that has been felt mostly at the bottom of the publishing ladder as self publishers flourish and wither, succeed and fail not always because of merit or flaws but with impressive determination and in large numbers. But digital PUBLISHING, using the Internet as the platform, this is quite a revolutionary thing.