BOOKSTORE SALES FALL IN 2012.
Washington D.C., November, 19,2012. According to the U.S. Census Bureau, bookstores sales have fallen by 1.6% in the first nine months of 2012. The decrease was even steeper for the month of September with a decrease in sales at brick and mortar bookstores of 8.2%. Last September (2011) was the final month of the going-out-of-business sales for Borders bookstores. No doubt, on-line purchases have had its impact on bookstore sales.
KINDLE’S SHARE CONTINUES TO GROW
November 12, 2012. New York, New York. In spite of growing options in the numbers of e-readers, consumers continue to favor Amazon’s Kindle e-reader. The Kindle accounted for 55% of e-reading in the first half of 2012 according to another report from Bowker Market Research. This indicates a growing market share for Amazon. Apple’s share with the iPad accounted for 15%. Although some books are read on iPhones, this is shrinking. Barnes & Noble’s Nook readers had a 14% share of market. As more and more e-reading devices are being used, fewer and fewer books are being read on computers.
SELF PUBLISHING GROWING AT TRIPLE DIGITAL RATES
New York, NY. October 29, 2012.
Bowker has released a new report with information showing the rate of growth for self-publishing in 2011 at 287%. Total new titles 235,625 in 2011. The self-publishing new titles accounted for 43% of the year’s total traditional print output. Printed books accounted for 63% of the self-publishing titles, while e-books accounted for the balance.
Self-publishing has been considered a small “cottage” industry, but because of its growth it is gaining the attention of some large publishing firms. Many larger/traditional publishers now have self-publishing strategies. Many of the self-publishing titles are by a single author who have written one book. However, many self-publishers are those with 10 or fewer titles. They accounted for over 30,000 titles in 2011.
BOOK BUYERS – SHOPPERS vs BUYERS
September 17, 2012. New York, NY. Book buyers who shop at a brick-and-mortar book store are more likely to buy a book on impulse than they are if they shop online. Bowker’s study, “2012 U.S. Book Consumer Demographics & Buying Behaviors Annual Review” found 27% of book buyers bought a book on impulse at a retail store. This was more than double the 12% of the impulse buying rate for those who bought online. Forty-two percent of online shoppers said they bought the specific book they were looking for, which is down slightly from 44% in the previous year.
E-Book Prices Falling?
New York, New York. August 13, 2012. Even though the Department of Justice continues to pursue price collusion on e-books among publishers and Apple, prices on the electronic version of books continued to fall in 2011. That was the findings of a new Bowker report. The average price of a fiction title fell from $5.69 in 2010 to $5.24 in 2011. The Bowker report “2012 U.S. Book Consumer Demographics & Buying Behaviors Annual Review” also showed a significant shirt in who buys books. Baby Boomers, traditionally buying most books, spent less on books while Generation Y age consumers buying the more books for the first time.
BOWKER RELEASES SELF PUBLISHING STUDY.
June 22, 2012. New York, NY. Kelly Gallagher, VP of Publishing Services at Bowker, spoke at the recent BookExpo America (BEA) in New York recently and proclaimed 2012 is the “golden age of self-publishing”. In the recently released Bowker study “The How, What, Where and When of Print and EBooks” results showed just how fast the self-publishing author segment has grown in recent years. There were 211,269 self-publishing titles (based on ISBNs) in 2012. This is up from 133,036 titles in 20112, showing a nearly 60% growth in one year. The most popular subject for the self-publishing market is fiction in terms of units sold. In terms of dollars, nonfiction leads. Amazon’s CreatSpace was the largest player in the self-publishing space, with AuthorSolutions close behind.
E-books Have An Impact.
New York, New York, March 5, 2012.
The growth of e-books in 2011 continued at an aggressive pace. Sales for books on e-readers jumped 117% in 2011, according to the Association of American Publishers (AAP). Reporting members of AAP showed lower sales of 17% on printed books. The hardest hit segment was mass market paperback, where sales dropped 36%. The reporting companies included substantial publishers like: Penguin Group, Simon and Shuster, and Harlequinn.
Monday, January 30, 2012.
DIGITAL READING DEVICES DOUBLE.
New York, NY. It was announced last week at the Digital Book World conference that the growth of this market is being driven by the increasing number of digital readers in the hands of consumers. The number of dedicated e-readers or tablet doubled during the 2011 holiday season. This is from a survey conducted by the Pew Research Center’s Internet and American Life Project. The study found that 29% of adults owned an e-reader or tablet in early January 2012.
HarperCollins PLANS TO ACQUIRE THOMAS NELSON.
November 7, 2011. New York, NY.
HarperCollins has announced they are acquiring Thomas Nelson Publishers. Harper already owns Zondervan, which is Thomas Nelson’s largest competitor. Thomas Nelson and Zondervan are the two largest Christian Publishers. The acquisition is subject to government approval. Harper also has another religious based unit called HarperOne. The acquisition is expected to close by year-end.
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