US Book Publishers Now Make More Money from Online Sales Than Physical Stores
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rocky%20finances<%2Fa>.%20However,%20there's%20now%20some%20tangible%20evidence%20that%20the%20pendulum%20has%20swung%20in%20favor%20of%20internet-based%20sales.%20BookStats%20estimates<%2Fa>%20that%20US%20publishers%20made%20more%20money%20from%20online%20orders%20and%20e-books%20in%202013%20($7.54%20billion)%20than%20they%20did%20from%20old-fashioned%20physical%20retail%20($7.12%20billion).%20While%20the%20difference%20isn't%20huge,%20it%20suggests%20that%20a%20large%20chunk%20of%20the%20American%20population%20is%20content%20with%20buying%20books%20that%20it%20hasn't%20seen%20in%20person.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Faggregatedcontent%2Fus-book-publishers-make-more-money-online-sales-than-physical-stores%2F" target="_blank" class="email" data-post-id="12289" type="icon_link">
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Brick-and-mortar book stores have clearly been on the decline for a while -- just look at Barnes & Noble's rocky finances. However, there's now some tangible evidence that the pendulum has swung in favor of internet-based sales. BookStats estimates that US publishers made more money from online orders and e-books in 2013 ($7.54 billion) than they did from old-fashioned physical retail ($7.12 billion). While the difference isn't huge, it suggests that a large chunk of the American population is content with buying books that it hasn't seen in person.
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- Companies:
- Barnes & Noble Inc.
- Places:
- US
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