Book
publishers have long been criticized for the following:
·
Being
elitist gatekeepers as to what gets published
·
Failing
to put publicity or marketing muscle behind most of their titles
·
Being
late in meeting publishing deadlines
·
Failing
to brand the name of the imprint or house
·
Underpaying
and overworking its employees
·
Giving
out advances to books that will never earn out
·
Not
giving big advances to more deserving authors
·
Being
slow to change and respond to the new marketplace
·
Not
printing enough copies of a book and then being too slow to reprint
·
Seizing
editorial control of the cover, title, and content and then not listening to
the input of authors
The
list goes on, most of it true, with of course exceptions to all of them. But the big issue facing publishers is now
about how they will sell directly to consumers.
On
one hand, selling to consumers directly gives them a chance to cut out the
middleman – wholesalers – and offers a chance to build a brand and customer
base by skipping the retailer.
On
the other hand, bookstores will get pissed off and struggle to survive.
Amazon’s
ebooks won’t be impacted because only Amazon can sell the kindle version and
the vast majority of ebook readers are Kindles.
Publishers
should sell directly to consumers, but hopefully it is in a way that doesn’t
hurt bookstores. For instance, Random
House sells physical books directly to consumers but offers no discounts. Obviously, they won’t sell many books this
way, but if they do, it won’t injure stores that offer discounts. Penguin offers its website shoppers to buy
books, but it provides options to use six traditional retailers.
Hachette,
in a battle royale with Amazon, is the only big publisher not to sell directly
to consumers.
Simon
& Schuster, for the most part, sells to consumers without discounts but
does offer free shipping for orders of $25 or more.
Harper
Collins just relaunched its website, featuring a bigger emphasis on direct
sales to customers.
What
would make sense is to see bookstores owned by publishers. Why not go to Times Square and enter the
flagship store for Penguin Random House?
The store would only feature titles published by PRH. Of course, the danger is that consumers aren’t
being exposed to a diverse selection of titles.
Bookstores like B&N sell titles of all publishers – big and small –
even self-published ones. Perhaps there
should be a new chain of bookstores that have investments from publishers, but
still, would such stores give a disproportionate share of shelf space to its
investing companies?
What
we need are reading centers – places where we can have a sense of community for
those who congregate. We think of
bookstores this way but should the retail market continue to erode, we would
encourage governments, charities, publishers, and schools to form an alliance
to encourage the creation of reading centers that combine the lending of a
library, the learning environment of a college campus, the retail of a
bookstore, the recommendations and reviews of a newspaper/magazine, and a place
where authors can speak, readers can interact, and anyone can just come and
feel welcomed.
I’m
getting ahead of myself. Before stores
go under and publishers die out, we must determine how publishers should sell
to consumers and ensure the book ecosystem remains balanced, fair, and
supportive of all the key parties and their interests.
Brian Feinblum’s views, opinions, and ideas expressed in this
blog are his alone and not that of his employer, Media Connect, the nation’s
largest book promoter. You can follow him on Twitter @theprexpert and email him
at brianfeinblum@gmail.com. He feels more important when discussed in the
third-person. This is copyrighted by BookMarketingBuzzBlog © 2014
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