Showing posts with label Bookstores. Show all posts
Showing posts with label Bookstores. Show all posts

Monday, January 06, 2014

The Economics of Used Books


Some thoughts, here, care of Eureka Books.

From the piece...

The shop in question, which I’ll call Ye Olde Bookshoppe, had been open just over seven years at the time of the appraisal. There were two partners. When Peter visited, the store had 45,000 titles in stock, about evenly divided between hardcovers and paperbacks. What follows are extracts from the analysis section of the final appraisal.

Start Up
The partners had been involved in bookselling in various forms for ten years. Together, they pooled $5000 in cash, plus 15,000 books acquired at an average of $1 per and 10,000 books acquired for $2,000. “20 cents each!!!” writes Peter. So 25,000 starting books acquired for $17,000, mostly at garage and estate sales. Their average retail price was $7.

Tuesday, October 08, 2013

Things NOT To Do in a Bookstore


The list, care of Publisher's Weekly.

From said list...

If you’re in a massive hurry, please don’t take that out on us. We all do the best we can to speed you along, but sometimes staffers are busy with other customers. Calling ahead is hugely helpful. If we have time we can get your book – usually it’s a present for a party that starts NOW – wrapped and ready to be picked up fairly effortlessly. A tiny bit of planning can make shopping fun and easy.

Please don’t feel sheepish about reading a book to your kids. We love that. And we’re not listening, too much. Nothing makes me happier than hearing a lively story read aloud and a small child laughing and interacting with her parents and the book.

Thursday, March 21, 2013

The Bookseller Who Cannot Read


Her name is Mary. She works in Chennai, India.

From a piece on Hindu Business Line...

Though the shop doesn’t have an address, Mary still receives couriers. And though she doesn’t know how to read, she digs out all the books her customers need – from 5th standard texts to engineering guides, law to Chartered Accountancy, test banks to crack IIT’s entrance exam, the GMAT and GRE to comics and classics.

“I am telling you Jeffrey Archer is not there!” She snaps at a customer who doggedly tries to sift through her mountain of books. She says that it becomes difficult to find books if people keep shuffling through them. She has become distrustful of her customers because even those who ‘look decent’ have stolen many of her precious books.

“Regular patrons who used to visit and buy a few classics every day are now long dead,” says Mary. “Now the demand is for comics, novels, school books and engineering books.”

Wednesday, March 20, 2013

The Novel Resurgence of the Independent Bookstore


The Christian Science Monitor monitors the indie bookstore's rising from the dead.

From the piece...

A funny thing happened on the way to the funeral.

While beloved bookstores still close down every year, sales at independent bookstores overall are rising, established independents are expanding, and new ones are popping up from Brooklyn to Big Stone Gap, Va. Bookstore owners credit the modest increases to everything from the shuttering of Borders to the rise of the "buy local" movement to a get-'er-done outlook among the indies that would shame Larry the Cable Guy. If they have to sell cheesecake or run a summer camp to survive, add it to the to-do list.

"2012 was the year of the bookstore," says Wendy Welch, co-owner of Tales of the Lonesome Pine in Virginia and author of the 2012 memoir "The Little Bookstore of Big Stone Gap." In her memoir, she recounts how she and her husband, Jack Beck, created – sometimes despite themselves – a successful used-book store in a town that, by any business measure, is too small to support one.

"Jack and I will never be rich. But we found a place where people said there wasn't a market and we said 'yes there was,' " says Ms. Welch. "We feel like it's important for bookslingers to hang together – we'll hang together or we'll hang separately.... And we're holding the line."