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#1 | |
Gadget Geek
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Join Date: Aug 2007
Device: Paperwhite, Kindle 3 (retired), Skindle 1.2 (retired)
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Kindle mention on Marketplace
Today, Jill Barshay of American Public Media's radio show Marketplace opined that ebook readers may be the death of the publishing business. She mentions the Kindle specifically. A full transcript can be found here.
Most of the segment talks about the issues the publishers have with bookstores ordering massive numbers of books and returning them. Bookstores are trying to compete with internet retailers so they don't want to lose sales by being out of a given title and it costs them nothing to over-order. However, they conclude with this from John Rose who advises publishers at the Boston Consulting Group: Quote:
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#2 |
Wizard
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Join Date: Dec 2007
Location: Iowa, USA
Device: Nook Simple Touch
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Nothing is forever, if a business isn't diversified they become vulnerable over time
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#3 | |
Kindlephilia
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Location: Snowpacolypse 2010
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Quote:
Maybe this is the practice that needs to change. Not allowing returns from bookstores would cut down on publisher's warehouse costs and would reduce the cost of the product to the booksellers which should ultimately reduce the cost to the consumer. |
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#4 |
Connoisseur
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Join Date: May 2008
Location: Brisbane, AU
Device: Kindle 2 GSM
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If you like Marketplace, check out On The Media as well. Just last week they re-ran a segment that came out when the Kindle was first released. They interview the CEO (I think) of eInk and talk about the Kindle in great detail. The segment before the Kindle / eInk one is about the publishing industry, and is interesting as well.
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#5 |
I'm Super Kindle-icious
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#6 |
Has got to the black veil
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Join Date: Aug 2007
Location: Southeastern Pennsylvania
Device: Kobo Aura One, Kindle Paperwhite 2
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Bookstores, especially small independent bookstores, need to be able to return books to offer customers an attractively large selection. This is established wisdom.
However, I believe the abuse of the policy as described in the article (returning the books before 90 days is up so they don't have to pay, and then reordering the books a few days later; in other words, gaming the system to keep the books for free until they sell) started with the big chains, which is why they can maintain selections that are not merely attractively but astonishingly large, putting smaller bookstores out of business and making the practice even more widespread. Publishers and booksellers need to take a long, hard look at their retail model and make changes. That includes provisions for selling ebooks. |
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