Third quarter ‘brick and mortar’ book sales have dropped by comparison to this time last year, according to BookNet Canada. Data obtained from 665 Canadian retail locations indicate an overall 6.4% drop in dollar value and a drop of 9.5% in unit sales.
Canadian Book Sales Category Statistics
- Nonfiction took the biggest hit with a drop of 12.4% in unit sales
- Fiction staggered with a 7.1% drop in unit sales
- Children’s unit book sales declined 10.1%
BookNet CEO, Noah Genner, told Publishers Weekly that the shift to online shopping and eBook purchases are to blame for a significant portion of the drop in offline book store sales. Their surveys show more Canadians purchasing eBooks and eReaders, with minor quarterly fluctuations. That number is expected to increase significantly as more Canadians find eBook readers, tablets, and eBook gift cards under the tree in the final quarter.
This is encouraging news for infopreneurs, digital publishers and those who sell books and eBooks online in Canada. Canadian readers are embracing digital media and online shopping, which presents a variety of new online opportunities.
I buy both print and ebooks, but I admit to preferring print. Do you prefer print or electronic books?
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Melody McKinnon is an internet entrepreneur with 25 years of experience in a wide range of online business models, backed by a formal business/marketing education and enhanced by training and mentorship. She has owned or managed both educational and ecommerce websites. Her book, 7 Recession Proof Online Businesses to Start From Home, is available from all major ebook retailers.
Melody has worked with many businesses in a multitude of capacities. She can often be found on CanadianDigitalMedia.com, CanadiansInternet.com, CanadianFamily.net, and AllNaturalPetCare.com, as well as other quality digital publications. Her content has earned reference links from highly-respected websites, magazines and university textbooks.
I like the idea of doing both online and offline book selling and the local angle is a great idea too. i like how you think!
I like paper books better for most things but I buy ebooks when I know I won’t read it again to save the environment. There’s also a lot of free ebooks and no free print ones.
The only competition stores ever had was maybe a library. Books are expensive and times are changing.