Showing 144 posts tagged retail

By 2020, Sandler reckons Amazon could have 100 million Prime subscribers, one of the biggest membership clubs of any industry, and worth a cumulative $70 billion. In this light, Amazon’s market cap of about $165 billion (which looks ridiculous when compared to last year’s profit of just $274 million) starts to look justifiable.

Amazon is building the retail world’s most unbreachable “moat”—and it’s called Prime - Quartz

Driving the prices lower isn’t likely to expand the market of readers, since book prices don’t seem to be the deciding factor on whether someone reads a book (time is). But those lower prices directly shrink the incomes of authors, who lack any other means of translating their sales into additional revenue.

Amazon Isn’t Killing Writing, The Market Is | TechCrunch

Total album sales, combining physical and digital numbers, were down 15 percent to 121 million, and while Nielsen didn’t confirm how the album numbers split, the announcement of a 13 percent drop in digital singles sales was indicative that MP3s weren’t picking up the sales slack. The digital-single drop of nearly 90 million sales, down to 593.6 million, also didn’t see an equivalent boost in streaming numbers on services such as Spotify; those rose 42 percent to 70.3 million streams, but that was only a jump of 20 million. The numbers didn’t clarify whether streaming services saw any major jumps in subscription purchases this year, as well.

Nielsen: 2014 digital music sales plummet compared to 2013’s first half | Ars Technica

For 2013, publisher revenue from Online Retail now eclipses publisher revenue from all brick-and-mortar channels combined. Online Retail now represents 35.4% of all Trade publisher revenue.

BookStats Volume 4 Now Available: AAP Press Release | BISG

New contracts are also said to include MFN clauses, whereby effectively books cannot be sold for a lower price than Amazon’s anywhere, including on a publisher’s own website. Amazon is also understood to want matching terms where a publisher enters into a new business arrangement, for example with a subscription service. Publishers told The Bookseller that MFN clauses had disappeared from contracts, but were now making a reappearance. Another clause of particular note requires publishers to guarantee they have books in stock, allowing Amazon to do print-on-demand editions to customers – with extra terms benefits – should books be out of supply. The clause has echoes of a demand made in 2008 that small publishers use its POD service, with Amazon arguing at that time that it could “provide a better, more timely customer experience if the p.o.d. titles are printed inside our own fulfilment centres”. Publishers are worried that the clause would allow Amazon to effectively take over their stock-control.

Amazon pressing for new terms in UK | The Bookseller

It feels like the company is essentially deciding that it’s no longer really part of the digital revolution,” said James L. McQuivey, an analyst at Forrester Research. Speaking of the physical retail stores, he said, “You’re only managing how quickly it will continue to decline.

Barnes & Noble to Spin Off Nook Unit as Sales Continue to Fall - NYTimes.com

Public libraries now outnumber retail bookstores by two to one in the United States, and are fast becoming the only in-person book browsing option for the residents of many communities.

Library Vendors Make Business Case to Publishers | BEA 2014 - The Digital Shift (via kishizuka)

(via libralthinking)

In a note in its forums, the company compares itself to a bookstore, saying that while it wouldn’t cease sales of Hachette books, it has every right to essentially deter them. “A retailer can feature a supplier’s items in its advertising and promotional circulars, “stack it high” in the front of the store, keep small quantities on hand in the back aisle, or not carry the item at all, and bookstores and other retailers do these every day.” The note goes so far as to recommend that buyers look for Hachette books among its third-party sellers, or even buy from one of Amazon’s competitors.

Amazon confirms its fight with publishing giant Hachette is real, and it’s far from over | The Verge

We have been asked legitimate questions about why many of our books are at present marked out of stock with relatively long estimated shipping times on the Amazon website, in contrast to immediate availability on other websites and in stores,” said Sophie Cottrell, a Hachette spokeswoman. “We are satisfying all Amazon’s orders promptly.” But, she added, “Amazon is holding minimal stock” and restocking some of Hachette’s books “slowly, causing ‘available 2-4 weeks’ messages.

Hachette Says Amazon Is Delaying Delivery of Some Books - NYTimes.com

Technically, consumers are supposed to pay taxes on things they buy online. In fact, few do. Congress is considering a bill called the Marketplace Fairness Act that would force many online sellers to collect sales taxes for the first time.

Online Sales Taxes Shift Consumer Behavior, Study Shows : All Tech Considered : NPR