From The Bookseller:
Booksellers Association president Patrick Neale has said “more needs to be done” by publishers to bring the core financial model of the bookselling supply chain up to date.
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He said: “The book value chain has undergone a revolution during the last 20 years and publishers, exploring new routes to market through new channels, have embraced new models. And yet, in the main, the core financial model of supply to bookshops remains unaltered.” He added that although “work is taking place” to amend this, it wasn’t happening quickly enough.
Neale also told the conference he could detect a “shift in the narrative” of the media and public perception of bookshops as “places solely for retired colonels and the technically inept”. He praised the BA, working through Midas PR, for the change in perception. “They have campaigned to communicate the value of bookshops and the vibrancy of the sector, while at the same time getting across the complexity of the issues faced,” Neale said. “It’s an incredibly fine balance to strike. Go too far in accentuating the positive and you begin to look like Pollyanna . . . Go the other way and you help confirm another lazy assumption that bookshops are moribund. And it positions us as a charity case—which we don’t want either.”
Link to the rest at The Bookseller
PG suspects that anyone from outside of the book business who looked at the financial model of the bookselling supply chain with fresh eyes would immediately end the practice of allowing bookstores to return unsold books to publishers.