Today, I want to go over some things that Deb Porter informed us about in her session, "The Times they are A'Changing." I love facts, and Deb did a wonderful job of explaining where things are going in the book publishing industy. So sit back and take these facts in. This is interesting stuff! Exciting stuff! Stuff that makes you go, Hmmmm....
I won't go into a huge dialogue, but will simply list some facts for you to ponder.
- Number of books published in the United States in the year 2008: 550,000
- Number of publishers in the U.S. 190,000 (a large % of these are independent)
- Approximate nummber of book titles carried by the average Borders store: 200,000
- People DO judge a book by its cover- make yours stand out!
- Hard cover and travel books declining
- Childrens and YA book sales are growing
- Online book sales are great!
- e-books on the rise and are experiencing the fastest growth of all books(no surprise there)
- Largest e-book buying age-group: 50-60+ (Didn't see that coming, did you?)
- Adult non-fiction declining because of online content availability
- On the other hand, self-help, biography, and finance book sales are up
- Leadership and management book sales have dropped
- Inspirational & motivational books on the rise (YAY for us!)
- However, spiritual books declining
- Adult fiction is strong! (Another YAY)
- Mystery has dropped (bad for me, as I am writing a mystery at the moment)
- Political books have increased
- Espionage down
- Superheroes are strong (no pun intended)
- Juvenile sales are very strong
- Graphic novels are up
Some things to look for in the very near future:
Amazon Kindle - already available and getting excellent reviews. Even if you are resistant to this, chances are, you'll change your mind soon. Here are some facts about Kindles:
- Holds up to 1,500 books!
- About $250-$300 to buy
- Long battery life
- Visually appealing
- Holds and reads like a real book
- Amazon cataglogs titles for instant wireless delivery
- Books are inexpensive (average $10)
- Text to Speech translation (great for when you leave the house and don't want to put that book down!)
Something else to look for: Expresso Book Machines. It may seem far-fetched and far-off, but don't be surprised if these machines start popping up in the next couple years. Apparently, they look like ATM machines and you are able to purchase a complete book print-out of thousands and thousands of selections, including classics that are hard to find. A 300-page book can be printed in 4 minutes. WOW!
Told you this stuff was interesting. What will be more interesting is how these facts change in the next year and which numbers will rise and decline.
If you have any insight into things not covered here, I'd love to know!