Quote:
Originally Posted by fjtorres
...and who is going to throw big money at a damaged brand hemorrhaging customers and market share?
While the ebook business has doubled in the last two years or so, Nook revenues have dropped 80%, their peak ebook market share of 26% is down to maybe 8%, and the promised revamp of their online storefront, due last spring, is MIA.
And, this last week word has filtered out of missed (supplier) payments to some of their indie authors. Very probably a glitch but a disquieting one. Some of the authors are responding by pulling their titles and going Amazon exclusive, at least temporarily.
So, again, who is going to buy into that track record?
B&N may not want to sell low, but who is going to pay what they think it's worth?
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Well yes that too. Can B&N survive without selling ebooks? Or are they headed the path of Borders and go extinct? Big stores may be nice, but they are not in easy reach unless you are in a big city. If I have to order paper books online, knowing I won't have a choice to get the ebook, why not let a local bookstore to order it. Or order the pbooks from Amazon if no local store is easily available. If B&N has to get rid of Nook, what signal does that send to the customer? Hard to put faith into them if they don't know how to sell ebooks and trust them they know pbooks well enough. In the end it doesn't matter if it was B&N fault or if they got pushed into non-existance by others - to the customer the result is the same.