From Publishing Perspectives:
Just to clarify the importance of the decorative season we’re entering, the NPD Books‘ Kristen McLean is clarifying today (November 23) that the United States’ book market is dependent on the winter holiday season for 25 percent of its annual print sales.
Almost 173 million books were sold in November and December last year, the company’s data shows.
McLean, who’s the lead books industry analyst for NPD, is bullish on the chances for the American industry to end this strange year strongly, telling the news media, “Book sales have been stronger than normal throughout the coronavirus COVID-19 pandemic, so publishers have reason to be hopeful for good holiday tidings, and a strong finish to 2020.
“Historically,” she says, “the uptick in sales begins in the first week of November, but as the country continues to deal with the COVID-19 pandemic, we are watching closely to see if we see the same book shopping patterns as in previous years.”
. . . .
“With volume 20 percent higher than the same week in 2019, this week marks the highest week of unit sales for the print market so far this year. The volume of 15.5 million units signals the start of the seasonal climb.”
Link to the rest at Publishing Perspectives