Bookshops and Technology


The link below is to an article that considers bookshops and technology.

For more visit:
https://goodereader.com/blog/bookselling/is-it-time-for-bookstores-to-embrace-technology

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Bookshops in the Digital Age


The link below is to an article that considers the physical bookshop in the digital age.

For more visit:
https://groknation.com/culture/disappearing-bookstore-digital-age/

Ebook Lending & Bookshops


The link below is to an article that looks at ebook lending and bookshops – does ebook lending impact on book sales?

For more visit:
http://www.theguardian.com/books/2015/jul/06/ebook-lending-wont-put-big-dent-book-sales

World's favourite bookstores ranking shows enduring market


Paul X. McCarthy, UNSW Australia

In a business environment that has seen industries decimated by the rise of digital, one sector showing resilience is that of books.

“Books are not like recorded music,” says Shaun Symonds, general manager of Nielsen Bookscan.

If anything, the total global market for books is growing, as confirmed in research by PwC and others:

Total Market for Global Books Continues to Grow PwC
Global entertainment and media outlook 2015–2019, PwC, Ovum

If you adjust for the effects of the closure of major book chains such as Borders there is in fact only one or two years of decline in sales volume over the last decade in most major markets. Every other year including the most recent year’s figures reflect a modest year-on-year growth in total books (including eBooks) sold on the year before.

That’s not to say there’s not been significant disruption and consolidation in the industry. A large part of the highest-value highest-margin segments of the business such as hardback fiction are steadily migrating to eBook and online fulfilment. And of course the rise of online pure-play booksellers such as Amazon, Flipcart and The Book Depository has meant a new level of global competition for local independent bookstores and chains alike.

The migration to eBooks has meant the total dollar value of books sold has declined but the profitibility of some publishers has actually increased as they’ve removed a lot of their printing, wharehousing and distribution costs. A growing source of the industries profits are from eBooks at analysis by Bain shows.

Growing share of profits from eBooks
Publishing in the Digital Era, Bain 2011.

On the retail front while some bookshops have not managed to survive this last decade, many have held on. And some are thriving and flourishing – delighting their customers in ways only they know how. And being remembered for it.

The long-established Shakespeare & Company featured in Woody Allen’s film Midnight in Paris.
Tamara Craiu/Flickr, CC BY-NC-ND

In an economy increasingly governed by attention, the need for companies and retailers to have their brands recognised and remembered has never been greater. Being forgotten is one of the greatest clear and present dangers in the global, web-connected and digital economy.

Using web data it’s possible to measure the collective visibility of today’s leading bookstores from around the world.

Towards a global Top 40

Novelist & co-creator of kids TV series Hi-5 Posie Graeme-Evans recently wrote about her Top 10 Favourite Bookstores.

What if you could find out who everyone’s favourite bookstores were, around the world? And what if this list included all the legendary independent stores like Shakespeare and Company in Paris, as well as online bookstores like Amazon and bookstore chains like Waterstones, Barnes & Nobles and Dymocks. Using large scale data collections from the web, I set about doing this.

The Top 40 Bookstores list is based on how many people think about these stores and how often.

Perhaps not surprisingly online stores lead the list with Amazon.com followed by the online goliath Flipkart of India just ahead of the world’s largest bookstore chain Barnes & Noble. France’s giant cultural and electronics retailing chain Fnac is fourth with the UK’s largest bookstore chain Waterstones rounding out the top five.

What may come as a surprise is leading independent single stores or small chains including Shakespeare and Company (Paris); Powells (Portland) and City Lights (San Francisco) all feature in the top 20.

Here is the list in full:

World’s Top Bookstores 2015
 
# Bookstore Twitter HQ Country
1 Amazon.com @amazonbooks US
2     Flipkart @Flipkart India
3 Barnes & Noble @BNBuzz US
4 Fnac @Fnac France
5 Waterstones @waterstones UK
6 The Book Depository @bookdepository UK
7 AbeBooks @AbeBooks Canada
8 Shakespeare and Company @Shakespeare_Co France
9 Books-A-Million @booksamillion US
10 Hay-on-Wye @Hay_On_WyeBooks   UK
11 WHSmith @WHSmith UK
12 Infibeam @infibeam India
13 Chapters Indigo @chaptersindigo Canada
14 Powell’s Books @Powells US
15 City Lights Bookstore @CityLightsBooks US
16 Blackwell UK @blackwellbooks UK
17 National Book Store @nbsalert The Phillipines
18 Alibris @alibris US
19 Foyles @Foyles UK
20 Eslite Bookstore @eslite Taiwan
21 MPH Group @M_TWEETbyMPH Malaysia
22 Hudson Group @hudsonbooks US
23 Books Kinokuniya @Kinokuniya Japan
24 Fishpond @Fishpondcom NZ
25 Strand Bookstore @strandbookstore US
26 Hastings Entertainment @goHastings US
27 Half Price Books @halfpricebooks US
28 Popular Holdings #popularworld Singapore
29 Livraria Cultura @livcultura Brazil
30 Higginbotham’s #higginbothams India
31 Landmark Bookstores @landmarkstores India
32 Hatchards @Hatchards UK
33 Fopp @foppofficial UK
34 Dymocks Booksellers @dymocksbooks Australia
35 Harvard/MIT Cooperative Society   @harvardcoop US
36 Eason & Son @easons Ireland
37 NewsLink #newslink Australia
38 Archambault @archambaultCA Canada
39 Kyobo Book Centre @withKyoboBook Korea
40 Hodges Figgis @Hodges_Figgis Ireland
 
Ranked by Bookstore Mind Share 1.01; Paul X McCarthy, June 2015.

The methodology

To create the Top 40 I created a “Bookstore Mind Share” (BMS index) derived from web data such as global visits to each bookseller’s Wikipedia page. This approach is a proxy for popularity or notoriety. I then standardised the results to allow comparisons across categories and across the world. As the BMS is based on the English-language web it is mainly representative of English-language countries and English-language bookstores but interestingly still includes bookstores in Korea and Brazil.

By using a standard measures across global web platforms like Wikipedia traffic data, Google Books N-Gram and Google search term frequency you can create interesting and fascinating comparisons that span across time and geography.

Another example of this type of web data use is the MIT Media Lab’s Pantheon project where you can browse rankings of many people across history from ancient times to today including:

This is an experimental data project and I would encourage readers to comment or make suggestions for improvements or additions.

The Conversation

Paul X. McCarthy is Adjunct Professor at UNSW Australia.

This article was originally published on The Conversation.
Read the original article.

The 15 Coolest Bookstores From Around the World


TIME

Rumor has it J. K. Rowling was inspired by Livraria Lello while writing Harry Potter (and teaching English) in Portugal. It doesn’t take long to appreciate Lello’s potential as muse: a stained-glass atrium puts the spotlight on the bookshop’s deep-red staircase, spectacular enough to stop you in your tracks.

It’s one of the distinctive bookstores that—against industry odds—continue to thrive across the globe. For travelers, these shops go beyond well-curated selections of books: they pack in an abundance of beauty, quirky character, and local history within their walls. And they serve as community hubs, where you can tap into the creative pulse of a destination.

In Paris, the romance between Left Bank fixture Shakespeare & Co. and the city’s literary set dates back to the era of F. Scott Fitzgerald and Ernest Hemingway. And it continues to attract luminaries like Zadie Smith, who recently read to a packed house.

Brooklyn…

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Surging Rents Force Booksellers Out


The link below is to an article that looks at why booksellers are closing down in New York City and I think the article provides some perspective to the debate about bookstore closures. It is all too easy to blame Amazon, online sales, etc – but there are other forces at play. Bookstores need to have a good look at their business model before they blame the easier targets for their demise.

For more visit:
http://www.nytimes.com/2014/03/26/business/media/bookstores-forsake-manhattan-as-rents-surge.html

Beautiful Vintage Photos of Bygone Bookstores


Flavorwire

In this age of online ordering, physical bookstores aren’t getting all the love and attention they deserve. But you know that already. So before you head out to your local bookseller to pick up the latest new thing, perhaps you would like to indulge in some literary nostalgia and appease your book-beauty tooth (you know you’ve got one) with these lovely old photos of old bookstores (in some of which you could, at one time, find old books). And all right, not all are complete bygones — some, improbably, wonderfully, are still standing — but they don’t look quite like this anymore, and so the vintage-photo-ogling endures. After the jump, check out a selection of lovely vintage photos of old bookstores, and be sure to link to any of your favorites that are missing here in the comments.

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