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24 Mar

Lloyd Lofthouse

In the United States, Digital Book World.com reported, “In 2012, for the first time ever, online channels accounted for more book purchases than bricks-and-mortar retail in the U.S., according to new data from Bowker Market Research.

“In 2012 (through Nov.), 43.8% of books bought by consumers were sold online versus 31.6% sold in large retail chains, independent bookstores, other mass merchandisers and supermarkets. This is nearly a direct reversal of the situation in 2011, when 35.1% of books were sold online and 41.7% were sold in stores.”

In addition, Jeff Bezos said in the company’s fourth-quarter earnings report, “After five years, e-books [are] a multibillion-dollar category for us and growing fast—up approximately 70 percent last year. In contrast, our physical book sales experienced the lowest December growth rate in our 17 years as a book seller, up just five percent.” Source: Business Week.com (January 31, 2013)

Let’s look at…

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Posted by on March 24, 2013 in Uncategorized

 

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