The Hub: business model of the future for books and libraries?
I am a huge fan of the book store, the library and all things book-related. The library has narrowly edged out the bookstore as my favourite air-conditioned hang-out (I do not have air conditioning) because of the free wifi. But is that enough? Can the bookstores and libraries of this world stay viable and relevant in this age of e-downloads?
I think they can. But they need to expand their definition of business a little if they’re going to do so. One clue as to how this may evolve can be found in the way other businesses are updating themselves these days. And in my news feed these days, the big buzzword has been the ‘hub.’