Book Sales Show Continued Growth
New York, NY, August 25, 2010 – The Association of American Publishers is reporting continued growth for book sales. June sales increased 10.6%, which converts to 11.4% year-to-date. The most aggressive growth in June came from Hardcover Children’s/YA category up 19.6% for the month and 16.7% y-t-d. Higher Education publishing sales was another good growth area in June with a 35.2% increase over last year, and 27.4% growth for the year. E-books continue to grow with a sales increase in June of 118.9% and 204.2% y-t-d. Religious Books were down 8% for the month, although volume was up 1.4% for the year. Adult Hardcover segment was also down 13.9% for the month, while this category still has year-to-date growth of 13.1%.
BOOK STORE CHAINS SOLD THE MOST BOOKS LAST YEAR (09)
New York, NY. August 16, 2010. In the release of its annual study, industry source Bouwker found that last year most books were purchased in large book store chains like Barnes & Noble. Bowker has just released the “2009 Book Consumer Annual Review: U.S. Demographics and Buying Behaviors.” Book store chains accounted for 27% of all book purchases in 2009. This category was followed by the e-commerce segment, which sold 21% of all books. Barnes & Noble was the largest seller with 15% share of units sold. Amazon was the largest seller in the e-commerce segment with 13% of all book sales. Other segments noted were book clubs with 11% of the market, and religious bookstores at 2%. Other large retail sellers were Borders at 10% and Walmart at 6%.
"THREE-WAY ALLIANCE OFFERS SAME DAY BOOK MAKING"
Elizabethton, Tennessee, August 6, 2010 - STL Distribution, Dickinson Press Inc. (DPI), and Snowfall Press today announced an alliance that places an on-demand book-making facility within the world's largest Christian book distribution center. Thousands of titles will now be digitally stored, virtually always in stock, and continuously ready immediately - one at a time if desired. The alliance combines DPI's book-making expertise with Snowfall Press's next generation integrated production solution housed within STL's distribution facility.
STL will build a dedicated production facility inside their distrubution warehouse in Elizabethton, Tennessee, expected to be operational early in the first quarter of 2011. DPI will purchase and manage the fully-automated digital book-making and binding solution provided by Snowfall Press. Snowfall Press will oversee the build out and integration of the system.
The alliance will provide significant benefits to publishers and retailers alike. STL's ability to virtually carry all inventory (not just better selling titles) will open up the opportunity for incremental revenue, end "out of stock" books by immediately making whatever is ordered, allow niche titles and out of print books to be readily available and enable same day turn-around of orders.
TWO STUDIES-TWO DIFFERENT RESULTS
July 23, 2001. Two different studies were reported on in the July/August 2010 issue of Book Business.
The first study by mediaIDEAS forecasts that e-reader user base will be 8 million in 2010. By 2014, they forecast there will be 40 million users of e-reading devices.
In another report by Computerworld.com, it was reported that while sales of e-readers are growing quickly now, they will hit a wall in 2014. The report quoted Informa Telecoms & Media as saying e-reader sales, “are expected to soar to 12.2 million in 2010, up from nearly 5 million in 2009. Sales will continue to grow to a high of 14 million in 2013, but they will drop off 7% to 13 million the following year.”
Another prediction of this market comes from an article in BusinessWeek.com. Last fall (2009) Amazon launched a pilot program with major universities on the use of e-readers. Selected students tested the Kindle for text books. Results have not been strong. In general students were not happy with the e-readers as a classroom tool. Most moved away from the Kindle just weeks into the program. Many students said they would not recommend the device to friends for classroom use.
MAY BOOK SALES SHOW CONTINUED GROWTH.
New York, NY, July 20, 2010. Book sales in May increased 9.8% when compared to May of 2009, according the Association of American Publishers. Year-to-date growth for 2010 now stands at 11.6%. Adult Hardcover continues to lead with a 43.2% increase, and 21.7% growth for the year. University Press Hardcover also experienced excellent growth of 13.9% for May, and this segment is up 1% for 2010. Higher Education publishing increased 6.3% and is up 21.4% for the year. E-books continued to see very high growth numbers of 162.8% for the month and 207.4% year-to-date. E-books now make up 8.5% of the book market compared to 2.9% at this time last year. The religious segment grew 8.2% for the month, and is up 2.6% for the year.
Some segments did not fair so well. Adult Paperback, Adult Mass Market, Children’s/YA, and Higher Education publishing all saw decreases for the month, and most are down for their year-to-date totals.
Book Sales Show Aggressive Growth
New York, NY, June 16, 2010 – Book sales in April, as tracked by the Association of American Publishers (AAP), grew by 24.8% for the month. Year-to-date book sales have increased 11.8% versus 2009. This is great news for our industry. The growth was helped most by the Adult Hardcover and Paperback sales. Audio books and e-books also had strong growth as did Higher Education. Areas that were down were Adult Mass Market and Hardcover Children/YA. Religious books had their best month with growth of 19.3% in April. Year-to-date, the religious segment is now in the positive with growth of 1.3% compared to last year.
May 14, 2010. New York, NY. – A new study shows the use of e-reading devices will continue to grow. Boston Consulting Group (BSG) has released the findings of a new study on e-readers such as the Kindle and iPad. The study, which surveyed 13,000 consumers in 14 countries, says 50% of those surveyed plan to purchase an e-reader within three years. If this happens, it would indicate the devices have moved more main-stream. According to the survey, consumers clearly want to do more than just read with these devices. Most would prefer to buy a multipurpose device. The survey suggest that Apple’s strategy of offering a wide degree of functionality makes sense. However, mass acceptance of e-readers is not guaranteed unless the price drops to around $200. This is far below the $499 entry price of the iPad.
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