Before the Internet deconstructed the publishing value chain and enabled new models, both publishers and booksellers benefited from a lot of what I’d call “secondary business”. Secondary business was not what they were set up or primarily intending to do, but which they easily could accommodate to earn easy margin that supported their primary operations. […]
Ruminations on returns
I contributed to a long-standing industry argument I usually try to avoid when I speculated that ebook growth could lead to a situation which threatened the returnability model for book inventory shipped to retailers and wholesalers. I should have been more emphatic that what I was actually suggesting was that the model of using speculatively-printed inventory to […]
What I Would Have Said in London, Part 1
I have gotten some requests, in comments and off-the-blog, to write what I was going to say to the AGM of the PA in an appearance I was supposed to make there on Wednesday, April 28. I felt terrible about having to cancel an engagement that was booked many months ago but it was tied into a […]
Returns may be going, but some book sales will go along with them
Sometimes expressing your opinion can have unintended consequences. In a post last week, I observed that the explosive growth of ebooks made it likely, in my opinion (shared by others, some of whom are in high places), that as many as half the book purchases could be online purchases by the end of 2012. I see […]
My advice is not always easy to follow, but sometimes it proves right anyway
I was interviewed a couple of weeks ago by a journalist who was working on a story about publishers and digital change. He was building something around my “Stay Ahead of the Shift” speech from last year’s Book Expo. “I was impressed by that speech,” he said. “You were very prescriptive about what publishers should do. So […]
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