By Juli Monroe
Digital Book World posted an excellent article today about the Barnes & Noble elephant in the room at DBW 2013.
The big takeaway from this article was this statistic:
?According to the most recent Codex survey, online selling accounts for 61 percent of book sales, but only 7 percent of discovery.?
That?s huge. I?m one of those 61 percent. Sure, I buy all my books online, but I find new books and authors by browsing my local Barnes & Noble. And what happens if that local Barnes & Noble goes away? It?s not looking good for them as a business right now. Well, I?m confident readers will figure out a way to find books, but there will be a gap until then.
Another good quote comes from Peter Hildick-Smith, CEO of Codex Group:
?Physical retail works if you protect it ? Movie producers do [protect movie theaters]. I would argue publishers are not doing enough to help bookstores.?
I completely agree. B&N and the publishers have a vested interest in keeping the company alive and healthy. Earlier this month, I wrote about this on our sister site, GadgeTell.
So ?. why ?doing as much as they could? (Or, as Hildick-Smith suggested, as much as they?should?)
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Source: http://www.teleread.com/ebooks/would-the-death-of-barnes-noble-also-kill-book-discovery/
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