• Skip to main content
  • Skip to after header navigation
  • Skip to site footer

The Steve Laube Agency

Helping to Change the World…Word by Word

The Steve Laube Agency

The Steve Laube Agency

Helping to Change the World Word by Word

  • Home
  • About
    • Who We Are
    • Frequently Asked Questions
    • Interview with Steve Laube
    • Statement of Faith
    • Terms and Conditions
    • Privacy Policy
  • Guidelines
  • Authors
    • Who We Represent
    • Awards and Recognition
  • Resources
    • Recommended Reading
    • Christian Writers Market Guide Online
    • Christian Writers Institute
    • Writers Conferences
    • Freelance Editorial Services
    • Copyright Resources
    • Research Tools
    • Selling What You Write
  • Blog
  • Contact
  • Twitter
  • FaceBook
  • RSS Feed
  • Get Published
  • Book Proposals
  • Book Business
  • Writing Craft
    • Conferences
    • Copyright
    • Craft
    • Creativity
    • Grammar
  • Fun Fridays
Home » Book Business » Page 13

Book Business

Retail is Dead! Or is it?

By Steve Laubeon November 6, 2017
Share
Tweet
13

You’ve read the news. This calendar year bankruptcies or total closures were announced by Toys R Us, Gymboree, Bebe, American Apparel, Guess, Rue 21, The Limited, Gander Mountain, Vitamin World, and Family Christian Stores.

Sears and Kmart announced last Friday that they were closing another 63 stores in January, on top of the 358 they closed already this year. And the watchful vultures are proverbially placing bets on when the entity will finally die.

This is on top of dozens of other retail operations closing their operations in the past few years, shuttering thousands of locations.

Meanwhile, Amazon’s corporate sales grew by 28 billion dollars from 2015 to 2016 (see their financial statement here).

Is Retail Dead?

Shall we stick a fork in it? Is it done? Is the world of retail kaput?

Dare I be contrary and say “No, it is not dead”?

Like most people I can be guilty of grazing the headlines and the first few sentences of a news article. And then I claim to have an “informed opinion.” We can easily forget the news adage “If it bleeds it leads.” Bad news is shouted from the rooftops. Good news is left unreported.

I suggest we need to look beyond the gruesome headlines.

For example, last week the entire bookselling industry ran the story in their newsfeeds that Eerdmans Publishing was closing their in-house store. (The original article is here.) The article made this statement:

“The closing, which affects two persons, follows a retailing trend established earlier this year, when the nation’s largest chain of Christian retail stores, Family Christian Stores of Grand Rapids, closed all 240 of its stores in 36 states.”

Wait. What? Notice how many employees were affected. Two. And yet there is a jump to claim it follows the “retail trend” and compares it to the bankruptcy of the largest Christian bookstore chain.

If there are only two people running the store it could not have been a very large operation. It should not be compared to a chain of 240 stores with 3,000 employees (an average of over 12 people per store).

Yet the headline proclaimed or at least suggested more “bad news” for bookstore retail.

The State of Retail

In the November 2017 issue of “Internet Retailer” magazine, editor Zak Stambor wrote:

“Fundamentally, retail is healthy. Overall retail sales rose 4.4% in the second quarter and e-commerce sales jumped 12.1%. And stores aren’t going anywhere. In fact, there will be 1,326 net new U.S. stores opening this year across a range of categories-from supermarkets to specialty merchants to mass merchandisers-according to retail research and advisory firm IHL Group.”

You can get your own copy of the free study by the IHL Group titled “Debunking the Retail Apocalypse” by signing up at this link. (I highly recommend reading this well crafted 34 page PDF document.)

The difference however is that it is no longer “business as usual.” There are some very smart people trying different ways to appeal to the changing way people shop. There are strong efforts being made to integrate the online experience with the physical store experience. Less fear of a customer whipping out their cell phone in the store to check things out, but instead encouraging it

Isn’t it fascinating that Amazon.com is opening physical bookstores across the country and invested $13.7 billion to buy a grocery store chain…with 460 physical locations? Immediately upon taking ownership the set up in those grocery stores changed.

What About Books?

There are many questions and worries about the health, or lack of it, in book retailing. We scan the constant (breathless) headlines of the flat sales or declining sales at Barnes & Noble. We watched as Hastings closed and Family Christian Stores closed. We hear, “Everyone buys their books on Amazon. Bookstores are dead. Retail may have a heartbeat but bookstores need a post-mortem.”

Then why is the Canadian bookstore chain, Indigo, expanding into the U.S. in 2018? They will be opening their first U.S. stores next summer in New Jersey.

What about the October 27th article in Publishers Weekly? They wrote about dozens of new Christian bookstores opening in places where Family Christian Stores closed! This suggests that those communities can still support a quality Christian bookstore. The problem for Family Christian Stores was their financial debt. I wrote about this multiple times in the past. Their financial debt stressed their ability to stay viable.

What About You, the Author?

Should we say the following?

Amazon is the villain. Your favorite store or Mall are the victims. No one reads anymore. Books aren’t selling. The industry is dead. Therefore you should quit.

Emphatically, “No!”

Are things different? Yes. The shifting nature of online retail and shopping patterns and the opportunity for Indie authors have changed the landscape. The way we experienced it even 15 years ago has changed. We can resist it or we can watch and learn and adapt to it.

However, the bottom line is that content is still king. People still want, even need, content. They want to be inspired, entertained, or informed. Your job is to find a way to do that with your writing.

Think beyond the book. Consider periodical writing (both online and physical magazines). Think specialty writing (greeting cards, curriculum, drama). There are many ways to write for publication, not just the book. (Please take a look at The Christian Writers Market Guide for hundreds of places where your work can find a home.)

Leave a Comment
Category: Book Business, Book Sales, Economics, Publishing History, Publishing News, TrendsTag: Book Business, Book Sales, Publishing News

Deadlines Are Friends, Not Nemeses

By Bob Hostetleron November 1, 2017
Share
Tweet4
28

When is your next deadline? What? You don’t have one? Why not? Aren’t you a writer? I know some writers create fine prose or poetry without deadlines—I just don’t know how they do it. “But,” you may protest, “I don’t have a contract yet. How can I have a deadline?” I suggest you always have a deadline, whether a publisher imposes it or not. No one is preventing you from making—and meeting—your own …

Read moreDeadlines Are Friends, Not Nemeses
Category: Book Business, Contracts, The Writing LifeTag: Book Business, Contracts, Deadlines

Variety is the Spice in an Agent’s Inbox

By Steve Laubeon October 23, 2017
Share
Tweet
22

The other day a writer asked me, “Describe a typical work day for you.” I choked back a laugh and said, “There is no such thing as ‘typical’ in the day of a literary agent.” There are many things that repeat. Royalty statements, new deal negotiations, contract evaluations, reviewing client proposals, and the unsolicited inquiries. But within those is a constant variety. I wrote down a sample of …

Read moreVariety is the Spice in an Agent’s Inbox
Category: Agency, Agents, Book Business, The Publishing LifeTag: Agency, Agents

Be Published? or Be Read?

By Bob Hostetleron October 18, 2017
Share
Tweet
17

Is your goal “being published” or “being read?” What pieces of writing and publishing advice do professional agents and editors wish would go away…forever? I asked that question of some of my friends in the industry (yes, I have friends, and most are much smarter than me). The last two weeks I have posted (here and here) some of their responses. But I’ve saved one more for last. One savvy, …

Read moreBe Published? or Be Read?
Category: Book Business, Book Sales, Career, Marketing, Platform, The Writing LifeTag: Book Business, Book Sales, Get Published, Marketing

You Gotta Know the Territory

By Bob Hostetleron September 27, 2017
Share
Tweet
35

So you’re writing a book. In what genre? Don’t know? You must. My colleague, Dan Balow, recently wrote a valuable blog post (here) that touched on the many genre categories and sub-categories in today’s publishing world. You should read it—when you finish reading this, of course. “I don’t care about genre,” you may say. “I’m a writer, not an editor or publisher.” To which I say, “Tough.” If you’re …

Read moreYou Gotta Know the Territory
Category: Book Business, Book Proposals, Career, Genre

Vocabulary Word of the Day: Bifurcation

By Dan Balowon September 19, 2017
Share
Tweet
19

Some words are specific to a certain field of endeavor and some are flexible, used to describe something in a variety of arenas. One such word is our vocabulary word of the day: bifurcation. Simply, it involves splitting something into two distinct parts. The prefix “bi” indicates two, so it is simple to remember the number of parts involved. It is used in general science, medicine, law, …

Read moreVocabulary Word of the Day: Bifurcation
Category: Book Business, Conferences, The Writing LifeTag: Book Business, The Writing Life, Writers Conference

Confessions of a Book Club Dropout

By Tamela Hancock Murrayon September 14, 2017
Share
Tweet3
53

Lots of publishing professionals belong to book clubs. That makes perfect sense, since we read lots of books. Why not meet with a group to discuss them? Awhile ago I joined a book club of Christian women who read general market books I normally don’t read. I thought reading along with them would broaden my horizons. The first month, I couldn’t get through the book although I tried. The nonfiction …

Read moreConfessions of a Book Club Dropout
Category: Book Business, Personal, ReadingTag: Book Clubs, Reading

Publishing is a Global Business

By Steve Laubeon September 11, 2017
Share
Tweet
16

Recently a list of the world’s largest publishers was posted by “Publisher’s Weekly.” It reminded me again of how large the publishing business really is and how easy it is to forget that fact. Below is the top ten listed along with their sales revenue. Rank 2017 Publishing Group or Division Parent Company Parent Country 2016 Revenue (in $M) 1 Pearson Pearson PLC UK $5,617 2 RELX …

Read morePublishing is a Global Business
Category: Book BusinessTag: Book Business, publishing, World

We Need More Reader Segments

By Dan Balowon August 22, 2017
Share
Tweet
18

In the bookselling world, books are categorized with a coding system developed by a collaborative industry organization called the Book Industry Study Group (BISG). They own and manage the BISAC codes, an acronym for “Book Industry Standards and Communications.” No matter how you are published, you will be required to categorize your book in one of the fifty-two primary categories, then by second …

Read moreWe Need More Reader Segments
Category: Book Business, Branding, MarketingTag: Book Business, Branding, Marketing, readers

Actually, It Is About Money

By Dan Balowon July 25, 2017
Share
Tweet
17

It is well-documented, Jesus spoke about money more than any other subject, as recorded in Scripture. He knew it was part of everyone’s life and used it often to teach a myriad of lessons. Still, money can be a polarizing topic. One of my favorite sports books is Moneyball: The Art of Winning an Unfair Game by Michael Lewis. It is the story of Billy Beane, the general manager of the Oakland A’s …

Read moreActually, It Is About Money
Category: Book Business, Marketing, MoneyTag: Marketing, Money, The Writing Life
  • Previous
  • Page 1
  • Interim pages omitted …
  • Page 11
  • Page 12
  • Page 13
  • Page 14
  • Page 15
  • Interim pages omitted …
  • Page 33
  • Next
  • Home
  • About
    • Who We Are
    • Frequently Asked Questions
    • Interview with Steve Laube
    • Statement of Faith
    • Terms and Conditions
    • Privacy Policy
  • Guidelines
  • Authors
    • Who We Represent
    • Awards and Recognition
  • Resources
    • Recommended Reading
    • Christian Writers Market Guide Online
    • Christian Writers Institute
    • Writers Conferences
    • Freelance Editorial Services
    • Copyright Resources
    • Research Tools
    • Selling What You Write
  • Blog
  • Contact

Copyright © 2025 · The Steve Laube Agency · All Rights Reserved · Website by Stormhill Media