Tuesday, 1 December 2009

Making bookends meet

With the collapse of Borders another route to market for publishers closes. I reckon it won't be long before we see publishers (both big and small) either go under or cut back radically.

They are pumping out thousands of books a year (the tally you hear is between 150 thousand and 200 thousand per year). But most of them probably don't get out of the warehouses where they are stored.

If they are lucky and leave the warehouse, this is where they might end up:
  1. Waterstones with its over 300 shops. But first they have to get the attention of the bookbuyer for their category. Poor bookbuyer I say. It is an impossible and thankless task trying to fend off all the publishers vying for attention.
  2. WHSmith. I have never heard of anyone succcessfully penetrating this chain.
  3. Blackwells, more of an academic bookshop.
  4. jsmith, again a bookchain that is mainly located at university campuses.
  5. Foyles or Daunts. London based chainlets.
  6. Asda, Tesco, Sainsbury or Morrisons. Put it this way, they won't want to stock An introduction to bee keeping.
  7. Online retailers such as The Book Depository and the mighty Amazon.
  8. Friendly, local independent bookshops.
The question is - how long will it be before terrestial bookshops are purely treated as a browsing booths? Shoppers go in, they see what books they like, they sit in the comfort of the coffee shop while going online on their mobiles to order that very same title from Amazon for perhaps 20 percent less and which they don't have to bother carrying home with them?

The only people who will carry on buying full price books are ones like my dear old Italian mamma who still considers Amazon to be that place in South America. Once the older technology ignorant generation stops shuffling up to the tills, then I fear there appears to be little hope for bookshops.

Would it be possible for Waterstones to guarantee to match Amazon on price, or is that just pie in the sky thinking?

6 comments:

Harry Campbell said...

200,000 books?? You mean there are 200,000 titles in print at any one time?

And can you really undercut a bookshop by 20% by shopping online? The last time I used Amazon (which I hope will be the last time), the saving was negligeable, but the hassle and annoyance with their rubbish service considerable. It’s like those RyanAir flights advertised at 49p that actually cost £49 when you add in all the sneaky extras, not to mention the inconvenience which makes you realise why the flight is so cheap. Meanwhile certain titles are almost given away by the bookshops especially in giftable deals at this time of year.

As for using bookshops to browse rather than buy, that's exactly how I use Amazon: a handy free catalogue of information about books. Of course that costs them little or nothing, while the poor bookshops struggle under massive overheads.

Caroline said...

Yes, H, the number of books published each year is staggering. And add to those ones that stay in print for a number of years. Is it any wonder that very few titles sell more than a few hundred?

I think you can undercut a bookshop by that amount. A friend was looking for a cookbook by Tom Kitchin. She found it in Waterstone's at its full price £30. She whipped out her phone and looked for it on Amazon. There it was discounted by 40%, costing £17.97. As a prime customer delivery is currently free.

I am not trying to promote Amazon, it's just that sometimes it makes more sense to buy from them.

CMI Publishing said...

As a publisher/editor/author of two beekeeping books, in some ways it is easier to sell these. There are specialist organisations, meetings, publications and ~ believe it or not ~ specialist booksellers, and the market is well defined hence easier to reach. Don't get carried away, it's not a huge, nor hugely profitable market, just one that is reachable by means other than the high street retail outlets.

Val x

CMI Publishing said...
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CMI Publishing said...
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CMI Publishing said...

Sorry - deleted duplicates! Val