Book readers have always consisted of a few
types, including those who buy new books, those who buy used ones, those who go
to the library or are loaned one through a friend. Some readers may have
participated in one or more such behaviors. But the results of a new
survey from the Authors Guild reveals a troubling trend.
Of those who read a book or listened to an
audiobook in the last month, only 36% bought a new copy or obtained one through
a subscription service.
I don’t know what the historical comparison would
be, however. I mean, it was never 100% because people have always regifted
books, shared with friends, and gone to the library. There is a growing online
library now, as well.
So, though book sales have not taken any dramatic
drops, growth is small and slow. Prices have not really risen as fast as the
rest of inflation. Low-cost e-books and heavily discounted books coupled with
cover prices that have not shot up mean that publisher profits and author
royalties are nothing to write home about.
We do have to wonder if the free-book mania that
has gripped book publishing for several decades, needs to be reined in.
Individual authors are willing to part with free books if it helps get them
reviews, create word-of-mouth, and grow their brand, but overall, big-picture
for the book economy, this flood of freebies is really starting to impact the
industry’s ability to sell books.
Some of what the Author’s Guild survey shows may
also be a reflection of the new economic realities that Americans are
confronting. Inflation is up. Everyone has to make consumer choices or budget
cuts that reflect their needs and concerns. Book purchases, at least for the
moment, are being tempered.
Do You Need Book
Marketing Help?
Brian
Feinblum can be reached at brianfeinblum@gmail.com He is available to help authors like you to promote
your story, sell your book, and grow your brand. He has over 30 years of
experience in successfully helping thousands of authors in all genres. Let him
be your advocate, teacher, and motivator!
About Brian Feinblum
This award-winning blog has generated over
6,650,000 page views. With 5,600+ posts over the past 15 years, it was named
one of the best book marketing blogs by BookBaby http://blog.bookbaby.com/2013/09/the-best-book-marketing-blogs and recognized by Feedspot in 2026, 2021
and 2018 as one of the top book marketing blogs. It was also named by www.WinningWriters.com as a "best resource.” Copyright 2026.
For
the past three decades, Brian Feinblum has helped thousands of authors. He
formed his own book publicity firm in 2020. Prior to that, for 21 years as the
head of marketing for the nation’s largest book publicity firm, and as the
director of publicity at two independent presses, Brian has worked with many
first-time, self-published, authors of all genres, right along with
best-selling authors and celebrities such as: Dr. Ruth, Mark Victor Hansen,
Joseph Finder, Katherine Spurway, Neil Rackham, Harvey Mackay, Ken Blanchard,
Stephen Covey, Warren Adler, Cindy Adams, Todd Duncan, Susan RoAne, John C.
Maxwell, Jeff Foxworthy, Seth Godin, and Henry Winkler.
His
writings are often featured in The Writer and IBPA’s
The Independent (https://pubspot.ibpa-online.org/article/whats-needed-to-promote-a-book-successfully) and (https://pubspot.ibpa-online.org/article/10-things-my-dog-taught-me-about-marketing-books). He was recently interviewed by the IBPA: https://www.youtube.com/watch?v=F0BhO9m8jbs
He
hosted a panel on book publicity for Book Expo America several years ago, and
has spoken at ASJA, three times at BookCAMP, Independent Book Publishers
Association, Sarah Lawrence College, Nonfiction Writers Association, Cape Cod
Writers Association, Willamette (Portland) Writers Association, APEX, five
times at Morgan James Publishing Red Carpet, and Connecticut Authors and
Publishers Association. He served as a judge for the 2024 IBPA Book Awards.
His
letters-to-the-editor have been published in The Wall Street Journal,
USA Today, New York Post, NY Daily News, Newsday, The Journal News (Westchester)
and The Washington Post. His first published book was The
Florida Homeowner, Condo, & Co-Op Association Handbook. It
was featured in The Sun Sentinel and Miami Herald.
Born
and raised in Brooklyn, he now resides in Westchester with his wife, two kids,
and Ferris, a black lab rescue dog, and El Chapo, a pug rescue dog.
You
can connect with him at: https://www.linkedin.com/in/brianfeinblum/ or https://www.facebook.com/brian.feinblum
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