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Would the death of Barnes & Noble also kill book discovery?
Posted By Juli Monroe On January 31, 2013 @ 11:46 am In Barnes & Noble,Digital Book World,ebook | 15 Comments
Digital Book World posted an excellent article today about the Barnes & Noble elephant in the room at DBW 2013 .
The big takeaway from this article was this statistic:
“According to the most recent Codex survey , online selling accounts for 61 percent of book sales, but only 7 percent of discovery.”
That’s huge. I’m one of those 61 percent. Sure, I buy all my books online, but I find new books and authors by browsing my local Barnes & Noble. And what happens if that local Barnes & Noble goes away? It’s not looking good for them as a business right now. Well, I’m confident readers will figure out a way to find books, but there will be a gap until then.
Another good quote comes from Peter Hildick-Smith, CEO of Codex Group:
“Physical retail works if you protect it … Movie producers do [protect movie theaters]. I would argue publishers are not doing enough to help bookstores.”
I completely agree. B&N and the publishers have a vested interest in keeping the company alive and healthy. Earlier this month, I wrote about this on our sister site, GadgeTell .
So …. why doing as much as they could? (Or, as Hildick-Smith suggested, as much as they should?)
Article printed from TeleRead: News and views on e-books, libraries, publishing and related topics: http://www.teleread.com
URL to article: http://www.teleread.com/ebooks/would-the-death-of-barnes-noble-also-kill-book-discovery/
URLs in this post:
 Barnes & Noble elephant in the room at DBW 2013: http://www.digitalbookworld.com/2013/the-barnes-noble-elephant-in-the-room-at-dbw-2013/
 most recent Codex survey: http://www.digitalbookworld.com/2013/publishers-spending-more-on-tablet-and-ereader-marketing-as-book-discovery-landscape-shifts/
 GadgeTell: http://www.technologytell.com/gadgets/109690/what-can-barnes-and-noble-do-to-stay-relevant-with-nook/
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