Bookstore Study To Be Announced at BookExpo America
The following is a press release but still may be interesting to some. Anyone have any additional info on this study? Is more of the information on the web somewhere? Update: 06/05 22:34 GMT by B :The results of the Book Industry Study Group are in a later LISNews story, here; they were announced at BookExpo America
Within the book selling industry, strong pricing power exists for national chains and independent stores, but web-based sellers have significantly lower pricing power with consumers, according to a recent study conducted by Kanbay Research Institute (KRI). Strong ratings have allowed Independents to win a substantial share of consumers even though they make up only 9% of the market. The study, "Book Selling Demand Today," shows that although revenue growth is up in the book industry, same store sales is down, masking the need for organic growth in this industry. Article continued here.