Bookstores
topic on 7 shows · 8 statements across 7 episodes
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8 statements about Bookstores, every show
Daunt: Centralized data kills bookstores despite working elsewhere in retail
“And then we use the data to inf to impose uniformity on the stores. And that really is the death knell for us. It works in almost every other branch of retail. It doesn't work in books.”
Daunt: Physical bookstores offer a superior discovery experience to Amazon
“A book's, Bought in a bookstore, discovered in a bookstore is a better book. Same book, but it's a better book. And also it's just nice and enjoyable. These are places in which people will want to continue to come.”
Shivakumar: India has 5,200 bookstores for 10,000 live authors
“We have more authors in India than bookstores. There are 5200 bookstores. Live authors, we have at least Thousands, 10,000, all languages put together.”
Physical bookstores succeed on discovery and curation rather than logistics
“A very large part of buying a book is you don't know what book you want. And so the job of the retailer is not to be, can some retailers at the end point to a logistics chain? Other retailers, they are providing something else, which might be service or experi…”
Holiday: Retail is the least important revenue stream for his bookstore property
“So opening the bookstore that like, that making money from selling books might be the third or fourth, like least important revenue stream or use of the property, like the office being number one The space to film and make stuff like content being number two, …”
Howey: Traditional publishers give a new novel only a three-to-six-month window
“Usually we would leave a book on the shelf for three to six months before we would take it off, send it back and put something else on the shelf. So if you spend years writing a novel and you think like, this is my one shot and you go to the publisher, you're …”
Traditional Publishers' Sole Advantage Is Physical Bookstore Distribution
“The only reason I did it for my second book is because I wanted to get my book into bookstores and cross that off my list, if you will. So that, that is one of the things that publishers have. They can get your book into bookstores”