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Old 06-24-2013, 10:19 PM   #76
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And those of us that actually do own Nooks don't get the good emails. I hear people say they get coupons for money off Nooks or whatever. All I get is daily emails wanting to sell me the latest $12.99 ebook or puzzles and games.
It wasn't a good email. Just marketing junk. A link to a video tour. A link to the bestseller list. A link to accessories. Blah, blah, blah....
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Old 06-25-2013, 10:23 AM   #77
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I don't think I've ever received a good email from BN that including coupons for Nooks or Nook books. They seem to be always excluded.
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Old 06-25-2013, 10:36 AM   #78
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I have received emails from Amazon for a cheaper Kindle Paperwhite but never e-books.
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Old 06-25-2013, 11:00 AM   #79
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B&N releases year-end financial results for fiscal year 2013 and it ain't pretty.

Full press release here

Quote:
The company plans to significantly reduce losses in the NOOK segment by limiting risks associated with manufacturing. Going forward, the company intends to continue to design eReading devices and reading platforms, while creating a partnership model for manufacturing in the competitive color tablet market. Thus, the widely popular lines of Simple Touch™ and Glowlight™ products will continue to be developed in house, and the company’s tablet line will be co-branded with yet to be announced third party manufacturers of consumer electronics products. At the same time, the company intends to continue to build its digital catalog, adding thousands of eBooks every week, and launching new NOOK Apps™.

The company will continue to offer its existing inventory of its high quality NOOK® HD and NOOK® HD+ devices at amazing prices through the holiday. As always, Barnes & Noble will provide world-class pre- and post-sales support in its stores for its NOOK HD and NOOK HD+ customers, as well as ongoing software upgrades and improvements to the digital bookstore service.
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Old 06-25-2013, 11:35 AM   #80
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Ouchie

I had to have more then 5 characters
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Old 06-25-2013, 02:51 PM   #81
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Originally Posted by charmian View Post
If the Nook brand disappears, what does that look like? They stop selling the Nook hardware, stop the expensive development, and probably keep the online ebook store, which remains as an app (possibly renamed B&N).

On the other hand, will this really be that harmful to B&N? It seems more like they're getting rid of a liability, so if anything this might be improve B&N's chances of survival.
So, in a world of ebooks. Internet and online magazines, do you think that a brick and mortar BookStore will survive without any ebook market or business representation?

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Old 06-25-2013, 03:31 PM   #82
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Quote:
Originally Posted by jocampo View Post
So, in a world of ebooks. Internet and online magazines, do you think that a brick and mortar BookStore will survive without any ebook market or business representation?

Sure.
Record stores are still around.
There should be room for a couple dozen B&N superstores scattered among the top twenty metro areas, even twenty years from now.
Not sure places like Cleveland or Jacksonville would support one, but New York should be able to support 3, Boston, DC and Philly one apiece, etc.
Basically any metro area with 1M in population *and* centralized transportation should be able to support one.

They do have to survive the downsizing first, of course, and their management doesn't inspire much confidence...

They really should have spun-off/sold-off Nook right after the Microsoft investment; that was peak value and they coud've cleared a cool billion with which to weather the downsizing.

It seems to be working out fine for Indigo after selling off Kobo.
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Old 06-25-2013, 03:39 PM   #83
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An ebook store probably does help, but.... that depends how much the store costs. What's really killing B&N though, is not the store itself, but the devices (especially the tablets).

That said I am not sure if owning the ebook store is necessary, and maybe even it would be better for a brick and mortar store to have some deal with an external store, the way Kobo now has with indies. Is it really that much of a positive in the minds of consumers who buy ebooks that a brick and mortar store has an ebook store? Do people look at two bookstores, see that one has ereaders available and an online ebookstore, and the other doesn't, and decide to go to one and not the other based on that? (Maybe they do? I don't know, because it has never crossed my mind when deciding which bookstore to go to.)
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Old 06-25-2013, 03:45 PM   #84
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B&N built Nook off the back of their B&M customer loyalty.
Where they floundered was when they tried to go *beyond* the faithful.
All their hardware problems come from over-estimating their appeal beyond their long-time customers.
But all their problems aren't hardware problems; they have a ton of other fires to put out and most are due to their own management practices and policies.

Nothing would go as far towards saving Nook and B&N as a whole new management team at either or both.
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Old 06-25-2013, 09:29 PM   #85
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It seems to be working out fine for Indigo after selling off Kobo.
Indigo used the big infusion of cash from the Kobo sale to push some very big changes in the rest of their business. Between the Starbucks and the gifts it's hard to find the books these days at my local Chapters-Indigo store. As the biggest booksellers in Canada, they also were able to make some changes in how they worked with publishers, reducing their pbook costs substantially.
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Old 06-26-2013, 04:20 PM   #86
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Sure.
Record stores are still around.
There should be room for a couple dozen B&N superstores scattered among the top twenty metro areas, even twenty years from now.
Not sure places like Cleveland or Jacksonville would support one, but New York should be able to support 3, Boston, DC and Philly one apiece, etc.
Basically any metro area with 1M in population *and* centralized transportation should be able to support one.

They do have to survive the downsizing first, of course, and their management doesn't inspire much confidence...

They really should have spun-off/sold-off Nook right after the Microsoft investment; that was peak value and they coud've cleared a cool billion with which to weather the downsizing.

It seems to be working out fine for Indigo after selling off Kobo.
Time will tell ..

But people no longer buy paper books like used to. It's easier, faster and cheaper, download it from Amazon (or your favorite online source) than get in the car, drive, and find the same book for 200% more on your closest B&N store.

With few exceptions, like technical or text books, people are spending less on brick and mortar book stores like B&N. And they high prices and poor service it's not helping either.

Last edited by jocampo; 06-26-2013 at 04:28 PM.
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Old 06-26-2013, 04:40 PM   #87
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So, in a world of ebooks. Internet and online magazines, do you think that a brick and mortar BookStore will survive without any ebook market or business representation?
There are a couple business models that might work.

I have thought that a high-end boutique model might work, if you can find the right location. It would basically sell books as expensive gifts, and specialize in attractive leatherbound editions of the classics, along with collectables like first editions and a smattering of bestsellers.

I'm told that the "bookstore as curator of oddities" model doesn't work all that well. Stuff just doesn't turn over fast enough.

The "books and a lot of other things" model seems to work fairly well, and its diversified nature helps it survive crashes in one market or another. The nerdstore that carries genre fiction, boardgames, comics, wargames, and collectables, for instance.
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Old 06-26-2013, 05:00 PM   #88
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Mid-size bookstores do fine. These giant supercorporations simply have too much overhead and need unrealistic profits to survive. cmThe only advantage is better relationships with publishers, hut if that changes we have a whole new ball game.

Any word on what this means? Will the stores stop carrying tablets altogether or just start carrying the Microsoft Nook, for example?
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Old 06-26-2013, 05:16 PM   #89
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So, in a world of ebooks. Internet and online magazines, do you think that a brick and mortar BookStore will survive without any ebook market or business representation?
How does selling eBooks help their pBook business?
There is really no synergy between the two businesses.
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Old 06-26-2013, 06:15 PM   #90
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How does selling eBooks help their pBook business?
There is really no synergy between the two businesses.
B&N certainly hasn't demonstrated any effective synergy. Though their idea of synergy has long been...odd...

On the other hand Kobo's business model of partnering with local bookstores and sharing ebook revenue seems to show *some* benefits. Amazon copied it with Waterstones and they are *rumored* to be reaching out to select indie bookstores (might be aprocryphal, though; the source being an Amazon hater casts some doubt on the claims of outreach).

I suspect that if ebook readers weren't sold at near cost there might be more room for revenue sharing and synergy.
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