Posts tagged: independent bookstore

On Demand Printing, Bankruptcy, and iPads – Irony and Innovation

Jeff Hayes
 Feb 16, 2011

Yesterday, Xerox announced that it is ready to ship its Espresso Book Machine which can print books on demand at retail locations like your corner book store. Today, as reported in the Wall Street Journal, Borders Group — the second largest U.S. chain of retail book stores — filed for Chapter 11 bankruptcy. Are these two items related? Probably not, but I see some irony in the timing of the announcements.

Source: The Wall Street Journal

The Espresso Book Machine is supposed to be a liberator of content, a new revenue stream for traditional brick & mortar bookstores, a solution for the busy consumer that wants a hard copy book. Just install one of these machines and watch the customers come in and print their own books on demand. Xerox proclaims, “Self-publishers can print their latest manuscripts at the corner bookstore, classical books are now available for purchase on demand at libraries, cruise-goers can leave their books at home and print reading materials on the ship.”

The reality is that the number of bookstores has been dropping steadily as buyers shift to on-line purchasing through Amazon.com and other sites.  Why? e-Commerce is a more efficient business model with a better value proposition for most consumers. Read more »

Bad News for Independent Book Stores

Jim Hamilton
 Jan 2, 2011

In December the Minneapolis Star Tribune published an article called “Local bookstores fall to ‘e-book revolution’” about how the combined impact of the economy and the Internet had resulted in the recent closing of four independent book stores in Minnesota. Probably the most depressing aspect in an overall depressing story was the following quote from a representative from one of the bookstores who said, “We’re really now a showroom for books.” What she means is that after browsing in the store, most people then either go home and buy the book on-line or avoid the print version of the book entirely and purchase the e-book. Read more »

2016 InfoTrends, Inc.

WordPress Appliance - Powered by TurnKey Linux