Bookstores and other book retailers are threatened as the public increasingly looks for lower-priced reading matter and digital material. The 2011 Spring Book Show March 25-27 at the Cobb Galleria Centre in north Atlanta offers retailers a chance to buy inventory at $2 a copy and less.
Knoxville, TN, February 28, 2011 — The Spring Book Show, the largest remainder show in the Southeast, is set for a three-day run at the Cobb Galleria Centre in north Atlanta March 25-27.
The show comes at an opportune time. Bookstores are still suffering from the troubled economy, but even more so, from the revolutionary changes affecting bookselling. The public has become accustomed to lower book prices as a result of e-book marketing (most titles are priced at $9.99 or less), and free or discounted material on the Internet.
One of the few burgeoning areas of the book business other than the digital domain is the remainders and hurts market. At a time when the public has fewer dollars to spend on books, and has grown used to cut-rate prices for reading material, remainders are a viable product for book marketers.
In the neighborhood of 50,000 titles will be offered at the Spring Book Show to retailers, many at prices as low as $1 to $2 per hardback copy or trade paperback.
“For a long time the remainder market wasn’t considered a legitimate part of the book trade,” says Larry May, who with his wife Val owns the Spring Book Show and the Great American Bargain Book Show, remainder book trade fairs held in Atlanta and Boston respectively. The two book shows are in the process of being branded under the “Great American” umbrella.
May believes that the mistaken market perception has finally turned around. “Maybe it’s the economy, but retailers have finally realized just how much money they can make in remainders and hurts,” he said.
Bookstore owners have been quick to respond to the changing market for books. While no overall statistics are tracked for the remainders and hurts segment of the book market – publishers are often reluctant to release details about what they are sending out to be sold on the cheap – anecdotal evidence suggests that the slow holiday sales of the most recent Christmas have pushed larger and larger quantities of higher quality books into this secondary market.
May says that in recent years, international participation at his two shows has grown dramatically.
As at the 2010 Spring Book Show, a number of international vendors will be selling remainders at the 2011 show in Atlanta, including Caxton and PR Books, as well as Columbia Marketing from the UK and Fairmount Books and Book Depot from Canada. But it’s the overseas buyers that outnumber the sellers. European buyers are already familiar with the market and have been showing up in greater numbers each successive year, says May.
“Oddly, the Spanish and Hispanic markets have been relatively weak,” he added, “The real growth is in Asia: the Korean, Japanese, Indian and Chinese markets have been pretty strong in the past five years. There’s demand in their countries for English-language books, but to buy them new and import them can be extremely expensive. So remainders are a good option.”
About the Spring Book Show: The Spring Book Show is by most measures the largest of three bargain book shows held in the United States. It is staged annually in the spring to permit retailers to buy inexpensive stock for marketing during the summer “beach read” season. The show is organized by L.B. May & Associates of Knoxville, Tenn. Further information at www.springbookshow.com
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Contact:
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Anvil Publishers, Inc.
3852 Allsborough Drive
Tucker, GA 30084
770-938-0289
[email protected]
http://www.anvilpub.net
