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Book Trade – Photo Record: London Book Fair 2013

April 16, 2013 1 comment

For those in the trade unable to attend London Book Fair this week, here are some of the images of the past few days.

London Book Fair 2013

LBF 2013 at Earl's Court

Turkey was the Country in Focus for this year’s Fair.

Market Focus - Turkey

 

The Books are My Bag national promotion was launched this week.

Books are My Bag - the BA's new  Promotion

Kobo ereaders had a major and impressive presence at this year’s fair.

KOBO stand at LBF 2013

Monday was a very busy day at the Fair this year with very full aisles.

London Book Fair 2013

Book Trade – Trends in the Wider Market

April 13, 2013 1 comment

Canadian retail blogger, PaulThinkingOutLoud was upset recently by one publisher’s website and its aggressive discounting policy. Writing in his blog – which is well worth following – he saw this as

 ‘Another example of a publisher or distributor bypassing the brick and mortar stores. Although some of this might be legitimate overstock inventory, it raises the expectation of consumers for this level of discounting to be normative, which adds to the discouragement of already battered retailers’.

In another post, Paul writes movingly of competing emotions during the closure of one of his stores. He ends with an appeal to press on towards the goal of in-store ministry.

Do you feel battered by falling sales or emboldened by spiritual opportunity? Yes, Christian bookshops continue to close, footfall is in decline, competition from online is savage and at best support from churches is patchy. Yet we are not always that well informed of current trends in the wider publishing scene. In the same way as what happens in the USA often affects the UK, the same is true of events in the general market impacting the Christian trade.

Wesley Owen Birmingham

Generally speaking, our grasp of the financials on both ‘sides’ is often lacking. Retailers operate on lower margins with high fixed costs (upward only rents, rising business rates – up 2.6% again in April) whereas publishing in the main has higher margins and a far more flexible cost base. Clearly there are worries on all sides and as publishers face lower physical sales, print-runs continue to fall making the viability of mid-list titles ever more tenuous. Many publishers struggle with storing high levels of physical stock, much of which will eventually be written-down. Ironically for publishers, digitalisation represents yet more cost and a growing overhead; this, coupled with falling average cover prices (ebooks sell at half the average price of a paperback: £3.21 v. £6.31).

Our industry is a torrid place. The physical consumer book market declined by 4.6% in value in 2012, with fiction down 4.5% and non-fiction down 6.3% – only Children’s books held steady. The value of print sales slumped by £74m last year. (It could be worse – in Australia their market fell 6.3%). The marketplace churns violently in a volatile landscape; over 200 libraries were closed between 2011/12 and in another sign of turbulence, Cambridge University Press ceased print production on their Cambridge site after 400 years.

Yet 2012 saw the continued growth in digital publishing, social media marketing and self-publishing. Hive became established. Amazon’s Kindle grew faster than ever and a number of other e-readers, notably Nook, Kobo, and Nexus gathered momentum. Controversially Waterstones began to sell Amazon’s Kindle, recognising that they had neither the time nor money to develop their own platform. The Fifty Shades publishing phenomenon came out of nowhere ending the year with sales of £47.3m.

The market for ebooks was revised upwards to £300m late last year and continues to grow, albeit more slowly. Major publishers report e-sales of between 8% and 17% of overall revenue. In November, the ebook agency price probe in the USA and the EC brought a chill to the major houses as they battled against what felt like unfair external pressures. Now ebooks sell for an unsustainable 20p (a marketing idiocy pioneered by Sony) and most slots in the Kindle top 20 are populated by cheap ebooks. Nielsen data suggest that there are 7m UK ebook adopters, with heaviest use amongst ages 35-44, lowest in the under 20’s. However, the BBC reports that just as many UK adults, 7.4m or 15% of the population have yet to access the Internet.

Bookshop closures continue apace with The Booksellers Association figures documenting ongoing decline: down to 1,028 shops (2012) from 1,535 in 2005 – conversely Children’s bookshops are thriving with more opening this year. In the USA, the one surviving major bookstore chain, Barnes and Noble announced after Christmas that they expect to slim down store numbers by a third. B&N have 689 stores currently with 190-240 of these slated to close over the next decade. It’s a widely held view that the holy grail of ‘Discoverability’ is best achieved in a physical bookshop; browsing activity is their USP.

The debate over the future of our libraries is equally as fierce. The UK Government’s Sieghart ebook library lending review is yet to report but author, Terry Deary said recently: ‘Libraries have had their day. They are a Victorian idea and we are in the electronic age’. How to win friends! It’s worth noting that the PLR on printed books from library lending is more than £6m paid out to 23,000 authors. The debate remains live as people continue to ask if digital will trounce the physical book or whether in due course it will all settle down benignly?

There’s a lot of anger amongst booksellers towards the perceived lack of a level playing field. Writing in The Bookseller, Charles Tongue of the Stroud Bookshop said, ‘I believe Publishers are blindly colluding with Amazon and the result will be the destruction of High street retailing’. He was widely applauded.

I like Foyle’s of London advertising slogan; This Bookshop Will Change Your Life – no ambiguity there! Earlier this year, Sam Husain, CEO of Foyle’s sent an open letter to publishers arguing the need for better terms (an average of 60%) and increased support (promotional stock on consignment). He stated that the current bookshop model is broken, needing a complete rethink. This at a time as Foyle’s announced eight redundancies. Bravely, Foyle’s and The Bookseller have since conducted a two-day ‘Re-imagining the Future Bookshop’ workshop, held in London, allowing the trade to collaborate on what the bookshop of the future might look like. 

WH Smith continue to do a sterling job in showcasing books but even their sales fall year on year; down 7% to the end of August 2012 and down a further 6% in the 20 weeks to mid-January 2013. Another indication of the parlous state of the High Street trade is wholesaler Gardners sales results which dropped 3% to the end of February last year. Blackwell’s did improve their results last year but remain loss making.

Waterstones is far from being out of the woods with the release of poor results (admittedly pre-James Daunt) showing a £37.3m loss. I wish Waterstones well because if their 290 branches were to disappear from the High Street then it would be a very serious matter, and I might add, particularly for publishers. However, I’m encouraged for two reasons: anecdotally, people seem very warm towards the ‘W’ brand and some are switching their buying away from the mighty ‘A’. The question is, will it be enough? Waterstones iconic branding campaign last autumn was well received and this year it has plans for the refurbishment of another 60 shops.

Waterstones Guildford

My other reason is that when I visit Waterstones, they generally prove to be busy places and people are markedly buying books. It’s just a shame that Waterstones do not ‘do’ Christianity better and with more visibility. On a positive note, I welcome the announcement by Waterstones of the launch of its staff-training academy and Certificate in Bookselling (accredited by the University of Derby); surely a vote of confidence in its own future by a visionary book chain?

Maybe I’m pipe dreaming? After all, Amazon had overall sales in the UK in 2011 of £2.91 billion (on which they famously paid £416m UK tax). They reported Q4 worldwide revenue growth of 22% to £13bn last Christmas! Latest innovations include customer collection lockers in railway stations and newsagents. This is an immensely powerful online juggernaut and our small trade faces a very significant challenge indeed!

Jessops Guildford

Yet I dare to believe that localism can prevail, customer attitudes can change and that people continue to care about their local shops – you must just hope that I am right! The demise of retailers, Jessops and Blockbuster earlier this year followed by HMV going into administration shows just how tough conditions are. Incredibly, HMV was selling 27% of all CD’s and 38% of DVD’s at the time of its demise.

HMV Birmingham

I would echo Philip Downer’s (ex-Borders) comment from last year;

 ‘The old days of Borders and Ottakars will not return … Coffee, carrot cake, cards and an ebook offer are now essentials for Indies who want to stay in business and thrive for the future’

We have to give customers a reason to come to our shops. Why should they shop with you? I was recently handed a forward-dated 15% off voucher for a national (non-book) retailer. It worked. I visited the shop on the stated date, I used my voucher … and I bought far more than I had intended. In the Christian trade we must start thinking more creatively and connecting with customers in a very different way to the past.

CLC London

Church engagement is a hugely important topic that needs far greater attention and one to which we shall return in the next issue. Many shops find difficulty in communicating with ministers. An earlier church / retail compact has seemingly broken down as leaders shop around – usually online – driven by ‘best price’ owing to the Churches’ own financial constraints. Managers struggle to venture outside their own premises due to low staffing levels or sometimes, unwillingness. And yet, somehow, retailers have to get back in touch with their core customer base – the Churches.

The days of waiting for a church to contact you are long gone. It’s often a salutary task to record daily footfall and till data – but it may just serve as the severe jolt you need in order to take action?

This article was written in early March 2013 for Together Magazine (April – May 2013)

Christian Book Trade – CLC Bookshop, London: a photo update

February 13, 2013 5 comments

Today I visited the CLC Bookshop in Ave Maria Lane, London, adjacent to St Paul’s Cathedral and just off Ludgate Hill. The shop moved here from much bigger premises on Holborn Viaduct in August 2011.

CLC Bookshop, Ave Maria Lane, London

CLC Bookshop London

CLC London is now the largest Evangelical bookshop in England and is run by CLC, an interdenominational Christian charity, now operating in 58 countries with 180+ bookshops around the world. CLC began its work in Colchester in 1941 and its London presence has been in this area of the capital since the first shop opened on Ludgate Hill in 1946, just after World War 2 ended.

Interior, CLC Bookshop, London

The nearest tube station is St Paul’s (Central Line) and from there it’s literally a five minute walk through Paternoster Square across to the shop. Pater Noster (Latin) means ‘Our Father’. The Square lies near the top of Ludgate Hill, the highest part of the City of London.

Paternoster Square, London

This area – originally Paternoster Row – resonates with the history of publishing houses and booksellers as, in the 1940’s; this was the centre of the British publishing trade. In December 1940, the entire area was devastated during the London Blitz – but miraculously St Paul’s Cathedral was saved. An estimated 5 million printed books were lost in the ferocious fires caused by the bombing.

2013_02130027

Emerging from Paternoster Square into Ave Maria Lane (I love the name of this street given the theological predisposition of CLC!), the first building you see is a well-lit and well-signed modern bookshop  - but leaving no-one in any doubt that this is a ‘Christian bookshop’.

Central City of London location - CLC Bookshop

I still mourn the closure of the Scripture Union / Wesley Own shop in London’s West End at Wigmore Street. As the book market changes and the European recession continues to bite, bookselling in our towns and cities is changing markedly and the world of Christian bookselling is no different.

Interior, CLC London

I applaud the efforts of Manager Petra Nemansky and the CLC team who are doing such a sterling job in increasingly difficult times. I hope that the shop will go from strength to strength as the very last thing that London needs is the demise of yet another well located Christian bookshop.

Well stocked Children's Dept, CLC

Please pray for the important ministry of this shop, only a stone’s throw away from the buildings of the London Stock Exchange and if you’re in London, especially if you are anywhere near St Paul’s Cathedral, please do visit the shop – you will not be disappointed.

Extensive range of Bibles at CLC London

Procession to St Paul's Cathedral - directly outside CLC London

CLC Bookshop London

 

Christian Book Trade – It’s time to change the mood music

October 29, 2012 2 comments

Last week the UK came out of recession and into growth, albeit at just 1%. The naysayers feel that we may well slip back again but hey, for the moment even the media is upbeat about the economy.

For me, this underlined how important the mood music is to how we feel about our lives. For as long as I can remember, the Christian book trade has always ‘been getting worse’! We seem to believe that things are ‘not as good as last year’ or ‘sales are not what they used to be’. Now it’s possible that this could all be true but it could also be that we are creating (and believing) our own negative PR and adding to our own gloom. No-one likes to be around gloomy people – or patronise gloomy retailers. Or for that matter read gloomy blogs!

It really is time to change the mood music in this trade. Someone else said last week, ‘This is the new normal, get used to it’. Change is here to stay; trade structures and loyalties are shifting before our very eyes and the way people shop has already altered – just look at the recent Argos announcement.

I’ve toyed with the idea of starting a new Facebook group dedicated to the sharing of useful retail tips – and maybe I will do just that. Somehow we must ramp up our effectiveness for the sake of the business and the ministry. There are some things out there that we simply cannot change but we do not have to cower as victims. The Gospel demands that we live our lives with joy, optimism and hope; how much more so when we are in this particular trade.

So how to move on?  Well, we have to accept that, for starters, it’s not all bad. This has definitely become the day of the Indy bookshop, no question. Chains no longer work for all the reasons we know so well. There are many new, vibrant entrants to the trade. This is bringing in new – and hopefully younger – blood, and better ideas with different ways of doing things.

Actually, despite appearances sometimes to the contrary, publishers and suppliers still need the whole retail piece to make their own numbers work. I would hazard a guess that for most product originators, retail still represents c. 55% (maybe more) of their turnover. The balance of power within the industry has substantially altered in recent years; retailers’ are better off, suppliers less so (I know to some of you it doesn’t always feel that way). There is still way too much product out there so retailers can and should use their buying power to favour some suppliers over others – and therefore certain product lines over others. You just cannot buy or stock everything you are offered!

What action can retailers take – practically – to avoid falling sales? Let me sketch out some of the more obvious ways here. Feel free to offer your own as a comment and let’s start a conversation.

Here are my top two observations and recommendations which I believe can quickly impact your sales for the better. You may have to readjust your timetable and your shop to carry these out:

  1.  Re-engage with your local churches and church leaders – but make friends with them first. Even the best of shops can do better in this area. What prevents you from getting out there?
  2. Increase the amount of space given to Children’s books – ramp up your range – stats prove that this is the ONE area in publishing that continues to thrive despite the ongoing shift to digital.

Try these other top tips: 

  1. Become known locally for doing great deals – be flexible – match online prices if you have to. Join the fight-back against the online competition. Badger suppliers into helping with margin. Take a lower margin if you really have to as ‘less margin is better than no margin’.
  2. Stats prove that it’s wise to trade upmarket with card and gift – avoid tat, embrace quality.
  3. Make more use of staff and personal recommendations when speaking with customers.
  4. Keep stock looking fresh. Return stock wherever possible; mark-down stock, dump old stock. Take extreme care with stock levels. Buy wisely. Buy tight. Make sure stock works for YOU.
  5. Engage in positive PR – let your customers know what’s new and what’s happening.  Use social media – Twitter, Facebook and LinkedIn - and make yourself heard in your own locality. Build community. Build links. Do visits. Share ideas. Above all, realise that you are not alone in this trade. Use the Facebook CABP group and get help and advice from others online.
  6. Keep up with digital developments – sign up to KOBO, HIVE and others as yet unknown!
  7. Stay positive and avoid the ‘numbers’ game (bigger, better, more). Be proud of your own calling and work.
  8.  Pray constantly – on your own, with your trustees, with your staff and with your customers.

Maybe together – and ever so slowly – we can change the mood music? Together we should strive to build a vibrant trade sector where we feel proud to be known as Christian retailers. Eschew any perceived downward spiral and stay positive. Don’t despair. Don’t lose heart.

If you really have had enough of the trade, then perhaps you should call it a day because life is too short to be gloomy!

Christian Book Trade – I remain fully persuaded …

October 8, 2012 Leave a comment

After all these years, I remain fully persuaded of the potent impact of Christian writing and spiritual content, influencing lives for the better around the world. both in print and digitally.

The message of hope remains key. The delivery mechanism doesn’t really matter. In some parts of the world print remains dominant. In others, digital is in the ascendancy.

The outcome for the Gospel is what’s important, which is why content is key.

One of the keys to this ministry that we have not always recognised is the work of the Holy Spirit in using content to supernaturally touch people’s lives.

I am more aware than ever now of that aspect of our work. It is God who does the work, not us – although He is pleased to use us too.

‘These are written that you may believe that Jesus is the Christ, the son of God, and that by believing you may have life in His name’.  The Gospel of John 20:30

Book Trade – Christian Resources Together 2012: A Perspective

June 18, 2012 1 comment

Almost 300 delegates and over 50 suppliers met together in June at the Hayes Conference Centre, Swanwick for Christian Resources Together 2012. The conference hashtag #CRT2012 reveals a Twitter stream full of pertinent observations, not least by super-speedy-trade-tweeter, Melanie Carroll.

CRT’s latest venue (in 2011 it was held at the smaller Highleigh centre) meant that almost 100 extra people registered for this year’s extremely well-run one-night, two-day retreat, a tribute to the meticulous organising skills of Steve and Mandy Briars.

For me, the most memorable aspect of the two days was the chance to hear not one, not two, but three really engaging speakers:

Mark Stibbe, The Father’s House Trust

Charlie Cleverely, Rector, St Aldate’s, Oxford

Alister McGrath, King’s College, London

The worship for each session – full of the presence of God – was sensitively and powerfully led by Lou Fellingham (Lead singer, Phatfish). Her new refrain to the Welsh hymn, Here is love vast as the ocean, particularly affected me:

Grace takes my sin,

Calls me friend,

Pays my debt completely

Love rescued me

And seated me with my King forever.

Opening the retreat, Mark Stibbe described Borders Bookstores as ‘an icon of a bygone age’! He spoke of the Book-trade facing huge challenges and being in ‘the perfect storm requiring prayerful and careful navigation’.

These points particularly struck me as Mark Stibbe worked through his five key ideas:

Passion – He spoke movingly of his adoptive father stimulating his own great love and passion for reading and writing, by deluging him with books during his youth!

Perspective – ‘There are never enough books to contain the wisdom of God’, ‘the Christian bookshop is an outpost of heavenly wisdom in the midst of a land of barren ideas’ and ‘we are in the business of the Kingdom and not the kingdom of business’.

Partnership – ‘All parts of the trade need the other’.

Proactivity – ‘We need not to be reactive but to breakout … Christian bookshops have immense value … the Starbucks founder talked of a third place, not at work or at home but of somewhere just to hang out … Bookshops can offer that sense of the presence of God … Indy’s can thrive again … we need a creative business model’.

Pliability – Stibbe especially recommended Jim Collins, ‘From Good to Great’.

‘No man can be called friendless who has God and the companionship of good books’.  Elizabeth Barrett Browning.

On the second day, Charlie Cleverley was the guest devotional speaker and commenced with ‘God has not yet finished with the printed book’!

His latest book is about God-appearances: ‘Epiphanies of the Ordinary’ (Hodder Faith).

Charlie’s theme was ‘regaining vision’. In visions become realities. The vision of how good God is drives mission: ‘Grant unto me a vision that changes everything’.

In Revelation, John saw the heavens open. He saw the Divine. In Exodus 34, Moses boldly asked God ‘to show him His glory’ and Ezekiel wrote down the vision that he saw: colour, flashes and lightening, an awesome sight. On Patmos, John called the Church back to its first love. When we behold God’s glory, it will refresh and restore us.

Cleverley moved on to talk about stillness and discipline: Stop – Look – Listen. The discipline of living in the presence of God – not activism but contemplative prayer. He quoted Nouwen and Fenelon (Be silent and listen to God) and embarked on a tour of some of the great mystic writers of the Christian tradition.

He spoke about ‘being Charis-mystical’, of seeing the Lord and of the Prayer of Quiet. Then … of being stilled, of union and communion and of spiritual ecstasy. To be on fire with devotion. Of the patrimony, the inheritance of God.  He encouraged retailers to so strive to hold resources in our outlets that will enable people to ‘see’ God.

Alister McGrath was the final speaker. It was a privilege to finally get an opportunity of listening to such an important theologian and apologist.

McGrath is author of the best-selling The Dawkins Delusion (SPCK) and he commented first on the Diamond Jubilee of Mere Christianity (C.S. Lewis, 1952); the 60-year spiritual impact of which since publication has been ‘simply colossal’.

McGrath moved on to discuss the development of the New Atheism kicked off by Richard Dawkins and Christopher Hitchins in 2006. Ironically the public debate had rekindled interest in God and, as a result, it’s now much easier to talk about faith and spirituality. There seems less enthusiasm for the new atheism, which indeed seems to be fading, but there remains in society a lingering interest in who God is and in the ‘Big Questions’.

Finally, Alister complimented all that was being done through Christian resources. His theme for the remainder of the session was ‘Building a vision of God, the Gospel and of who we are’. He drew our attention to Isaiah 6 and the need to refresh and renew our vision of God.

McGrath concluded by stressing the absolute constancy and faithfulness of God. God is utterly trustworthy even in the midst of much change.

Click here for a comprehensive report of the #CRT2012 industry awards: the People and Products.

Next year, Christian Resources Together will again be held at The Hayes Conference Centre, Swanwick on Monday 29th and Tuesday 30th April 2013.

Book Trade: Pressing Issues facing the Trade: The PA Year Book 2011

May 8, 2012 1 comment

Last week the deputy editor of The Bookseller described the Book Trade asBystanders watching a race that began before we were ready’. Is this apt or just plain wrong? He was writing about the global growth of the e-reading market where the statistics continue to astonish and possibly frighten us in equal measure.

The Bookseller postulated in its leader that same week; 50/50 digital-print parity could be with us by 2020. It also posed the chilling question, ‘How many Indie and chain bookshops will remain’

Why such gloom? Well, the Publishers Association had released its 2011 Yearbook, containing all the sales value and unit numbers for last year. You’ll need a strong stomach to read this as for most printers, publishers and terrestrial booksellers it makes for grim consumption. On the other side of that particular coin; for self-published authors and for publishers in the eBook market, particularly in Romance or Horror, the future looks very bright indeed. In 2011, digital accounted for a sharply growing 8% of the book market.

Physical book sales declined 4.8% to £2.9bn but when you factor in the growth of the e-Market (up 55%) at £243m, the overall decline falls to 1.9% (at £3.2bn). This represents the first drop in total book sales in more than three years – not the best place for the industry to find itself. When you take inflation into account, this fall is actually much more serious. We are going backwards, not forwards. Even export sales fell, declining by 3% (£1.2bn). It’s worth noting that exports remain almost a third of all UK invoiced sales.

Sales of print fiction – the largest category of print falling victim to the e-Reader – dropped over 10% in the year, a loss of £57m. e-Fiction popularity grew strongly to £70m but by not quite enough to cover the losses in print. Non-Fiction and Reference also fell (down 4%) but these categories were not compensated at all by additional digital sales. In fact, all print categories declined apart from some growth in School and ELT sales. The value of Children’s book sales fell by 8% on the previous year (post-Twilight).

According to the commentators these are now the pressing issues facing our trade:

(1) The speed of digital migration, (2) the vexed question of ‘discoverability’ (and the related importance of browsing in a physical shop), (3) whether DRM should or should not be embraced by the industry (with strong views either way), (4) the growing dominance of Amazon and (5) the steeply falling price of eBooks online, thus devaluing books in general.

Oh, and it’s raining as well!

Note – the PA figures as published here often differ from the Nielsen BookScan figures for the UK book market. Both are correct but each takes slightly differing approaches when compiling the data – apples and pears spring to mind.

Book Trade – London Book Fair 2012: A Perspective

April 20, 2012 2 comments

I attended the London Book Fair at Earls Court this week; the first time in several years. I was left with several over-riding impressions.

The Fair remains the premier International Book Fair. It was busy – very busy – with 25,000 delegates, half from overseas, attracted by the 1,500 exhibitors from 57 countries. The Bookseller suggested that the USA DoJ ruling on the Agency Model (eBook pricing) had dampened the mood considerably for rights sales.

I am very much against this ruling as it simply hands yet more power to an already menacing monopoly. I applaud those Publishers who have decided to fight this rather simplistic ruling. Amazon has already done considerable damage to our High Streets, and not just to Bookselling. It’s quite foolish to view Amazon as a consumer champion.

China – this year’s Market Focus - with their visually stunning Fair Pavilion (designed by Yang Liu). The Market Focus logo was in the shape of a hand-fan as used by the Royal Family in China 1500 years ago. LBF reported that China had sent 1,200 people (including 50 authors) representing 180 publishers – quite a commitment! So why China? Well, English and Mandarin are the two dominant world languages and China is a vast country with a 1.3billion population speaking over 50 dialects. It’s projected to overtake the USA as the world’s largest economy within the next 20 years or so, and yet paradoxically it’s still 90th on the GDP index despite its recent spectacular economic growth.

The sheer size of the country with its many regional imbalances and huge social challenges is overseen by the pro-business centralised Government. For the Western creative industries, protection of Intellectual Property and Copyright remains the pressing issue. Good quality translation skills remain scarce.

There is the inevitable controversy over issues of censorship when judged by the ideals of liberal democracy. Indeed, the Fair’s impressive China and Europe Publishing Forum attracted a goodly number of silent placard waving protesters; ‘Free speech is not a crime’, ‘Stop literary persecution’. The London Evening Standard ran an interview this week with the Chinese author of Wild Swans in which she stated that, in her opinion, ‘Censorship in China is worse than it was 10 years ago’.

The Chinese Government oversees all media output through GAPP and it is this body which issues the requisite ISBN’s.  Since 1949, China has published around 34,000 titles of British books within China. Apparently, ¼ of all books imported into China are from the UK!  Through its 600+ Publishing Houses and with a workforce of nearly 57 thousand employees’, China has the largest publishing output in the world by volume (300,000 titles in 2009). It’s a mature and self-confident market set to generate revenues of $9.5billion in 2012. China is poised to take over from the USA in levels of scientific journal publishing.

There are 167,000 bookshops across China, with some state-of-the-art seven-story bookshops in the largest cities. The number of bricks and mortar shops is growing by almost 5% per year! The state-run chain, Xinhua (new China) has 6,483 outlets.

Why is this of any interest to us Brits? Because there are more people learning English in China than anywhere else in the world and more English speakers in China than in the rest of the English speaking world. Language learning is paramount. For publishers, this obviously represents a huge market and a pressing opportunity. There is a very attractive market for educational and English language publishers!

I was very struck by Pearson’s almost evangelical mantra, ‘Not just touching people, but transforming lives through learning’. 

Islam – I was forcibly struck by the number of large and impressive Islamic publishing stands at LBF. These were in stark contrast to the mainly small booths of the Christian publishers, aside from the usual welcome presence of Lion Hudson PLC.  Islam clearly has plenty of financial backing, is investing heavily in literature and is clearly committed to book distribution in a way that some Christians seem to have forgotten.

Print still dominates, at around 80-85% of the UK market and much smaller elsewhere in the world. We should keep the eBook ‘hype’ in perspective. The digital presence at the Fair was actually quite small, tucked away in one smallish zone. Interestingly, KOBO eReaders have said that 10% of their eBook sales are now for self-published authors. In China, authors are uploading self-published works in instalments, books which are then picked up by publishers and eventually making their way into bookshops; the reverse of our model in the West!

UK Publishers do increasingly view their role as ‘Content Providers’ delivered via various platforms but print currently continues to dominate their activity.

LBF 2012. Quite an event, and yet again, another reminder of just how quickly our world is changing. The tide of globalisation and digitalisation continues to alter the way we all do business yet the basic desire to read remains.

In his summing up, Lord Powell of Bayswater said, ‘The English language is the highway to bring the world to China’. I suspect that China is actually finding her way to the rest of the world!

Book Trade – Photo Report; London Book Fair 2012

April 17, 2012 3 comments

Christian Book Trade Meditation: Be encouraged today

March 9, 2012 3 comments

Be encouraged – even when it seems tough.

Christian Bookshops can sometimes be lonely places in which to work. Lots to be cheerful about but occasionally we can get disheartened. I’d like to encourage you in your work today. That book or card or piece of music you’ve just sold has the most amazing potential – with the power of the Holy Spirit – to change someone’s life. You have no idea!

Be encouraged.

Recently, I’ve been amazed – and myself encouraged – to read and hear so many accounts of people being helped, turned around, challenged and faced with the truth of the Gospel by a particular Christian book or Daily Reading booklet. Sometimes its surprising which title is involved but this only goes to remind me that this is God’s work, not ours.

Multiplied many times over – all around the world today – the same is happening with so many items of Christian material. You are part of an incredible and powerful worldwide ministry. None of us can ever know this side of eternity the eternal impact our work will have for the Kingdom of God.

Be encouraged.

As you read this, let me pray for you right now:

‘May God through His Holy Spirit anoint your work today and bless you in all that you do for Him’.

The Bible provides this compelling perspective of the purpose of our work:

‘But these are written that you may believe that Jesus is the Christ, the Son of God, and that by believing you may have life in His name’. John 20:31.

Be encouraged in God today.

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