Credit: visitlondon.com – Best Bookshops in London
You may have read that online-bookstores are driving bricks-&-mortar establishments to the wall. Borders seemed to support that view.
The article linked below argues that some trends are working for bookstores. For example, retiring baby boomers, looking to downsize, sell many of their books to bookstores for 10% of their original price. Bookstores are able to resell them at 50% of original price. That's 400% markup!
More:
https://www.washingtonpost.com/local/in-the-age-of-amazon-used-bookstores-are-making-an-unlikely-comeback/2015/12/26/06b20e48-abea-11e5-bff5-905b92f5f94b_story.html / opening used bookstore digital age experience books reading book lovers read articles slowing e-book sales independent bookstores thrive catering to readers value bookish places cultural hubs best reading device is paper digital natives prefer reading in print used bookstores quintessential quirkiness eclectic inventory cheap prices back toward print the only book outlets left industry statistics used book sales stores survived initial digital carnage sales are rising better and better every year Susan Burwell co-owner of Reston’s Used Book Shop used bookstore intellectually diverse Northern Virginia city Riverby Books D.C. used-bookstore Capitol Hill closed last year owner reopened the store business side better business business with good economics used bookstores beat Amazon other online booksellers on price offering shoppers browsing experience money saving profit margins used books better than new ones adding used sections good deal entrepreneurs are jumping in experience in government contracting new store small strip mall Georgia Avenue NW Walls of Books chain Gottwals Books in Georgia opened eight locations New Orleans training program for owners investment is significant start-up costs chain’s co-founder some franchisees sell books solely for the money unmet demand bookstore down the road closed buy books museum theater cultural center place people want to go good investment used-book retailers bad management bad locations digital Amazon just a few clicks away used-bookstore owners shrewd move widening their customer base listing their inventories on Amazon’s third-party marketplace new-book retailers despise Amazon founder Jeffrey P. Bezos Wonder Book & Video three retail locations Maryland sells its used books online through Amazon online retailers sales strong distribution center used books shelves sells books inventory used bookstores books buy location locating culturally diverse book-friendly neighborhoods Riverby Books store neighborhoods Baby boomers downsizing divorce departure death best books sold readings events host bilingual events browsing getting lost in the stacks serendipitous finds used bookstores offer thrill of the hunt Reston’s Used Book Shop old wooden card catalogue book stacks I like books historical fiction find these books online paperbacks half the cover price 400 percent markup profit margins new books pages endurance of print /
