Posted by klerosier on 09/13/2011
Many blaming fingers have been pointing at eBooks for driving Borders into bankruptcy. I think eBooks are falsely accused. eBook’s did not really take off in popularity until late 2010-early 2011 but Borders has been struggling for years.
I found a credible answer from retail expert Howard Davidowitz of Davidowitz & Associates in an interviewed by Aaron Task of The Daily Ticker. (Link to interview.)
According to Davidowitz, “There were many missteps that caused [Borders] to fail, from holding too much debt, opening too many stores as well as jumping into the e-reader business too late. I think the biggest thing Borders did wrong [is when]”
“[Borders] turned over their online business to Amazon. That move finished them off because they gave away the future.”
That move happened in 2001 when it was about all about printed books sales–Nobody was taking eBooks seriously back then. Kindle did not even launch until 2007.
Bad Business Decisions Killed Borders Not My Kindle or eBooks.
When asked about the fate of Barnes & Noble, Davidowitz said B&N faces an uphill battle but, “I don’t believe in inevitable things because I have seen a lot of great changes done in the retail business.” He said to survive B&N and other business have to “be paranoid enough to embrace change” and “listen to the customer.” He believes physical bookstores are not going away but there will me much less of them.
Posted by klerosier on 07/25/2011
Amazon compiled a list of 20 cities based on their sales of printed and Kindle format book, magazine, and newspaper sales for the first 5 months of 2011. Only cities with populations over 100,000 were used.
Amazon’s rather arrogant assumption is that their sales data reflects the reading habits of all American readers, including library users and others who do not buy reading material from Amazon but do indeed read regularly. Perhaps their data does represent a liable random sample similar to the Nelson ratings, perhaps not. The problem is better data is not available since,
Book Publishers and Bookstores are notoriously
stingy with statistical data for the buying habits
and demographics of their consumers.
If Amazon is the only one compiling and sharing data, then their statistics are all we have to use. (Just another nail in the coffin for traditional publishing practices.)
So on with my Top Ten Tuesday List:
1. Cambridge, Massachusetts
2. Alexandria, Virginia
3. Berkeley, California
4. Ann Arbor, Michigan
5. Boulder, Colorado
6. Miami, Florida
7. Salt Lake City, Utah
8. Gainesville, Florida
9. Seattle, Washington
Cities 11 through 20 on Amazons list; Knoxville, TN; Orlando, FL; Pittsburgh, PE; Washington DC; Bellevue, WA; Columbia, SC; St. Louis, MO; Cincinnati, OH; Portland, OR.
Posted by klerosier on 07/12/2011