Strength Comes with Setbacks

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The beautiful thing about setbacks is they introduce us to our strengths.” ~ Robin Sharma

A large population of the  American people were thrown into an unexpected financial “dither” when the economy came to a nearly screeching halt some eight years ago or so. “The crash” forced the American people to look at sustainability in different industries. Economists and “the think tank” has been studying how to creatively deal with a whole new economy and how best to survive it ever since.

The publishing industry looked long and hard at environmental issues associated with books in print. More sustainable ways of publishing, such as e-books and print-on-demand have been developed. The way music and audio books is now distributed is also more sustainable. Downloading digital files rather than shipping product has brought new ways of doing business to the industry.

Thankfully hardback and paperback books have not completely disappeared from the planet. I like reading from a paperback book as much as my neighbor. But with print-on-demand, huge warehouses full of large inventories of  books have been reduced, as have the numbers of books being discarded in landfills. Thats good news!

Living Well, Spending Less: 12 Secrets of the Good Life is a great read for those who doubt that living with less is the key to happiness. The book may help you to adjust your thinking and put balance back in your life.

balance

As the economy rebounds, it will be interesting to see whether the American citizens will return to their old ways of being or whether a true “renaissance” has taken place. Have people fully realized that in order to live a fulfilling life, we can do it with less stuff? Will we continue to put our energies into finding sustainable ways of doing business? If so, there were great gifts in the downturn of the economy.

This blog is brought to you by the award-winning author of Gift of a Lifetime: Finding Fulfilling Things in the Unexpected and Short Stories: Lessons of Heart & Soul.

 

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Tracking Consumer Book Buying Trends

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In October 2011, Bowker (the storehouse of all publishing statistics) announced they would be doing a major study on book buying trends, specifically on e-books.  The objective of the study is to obtain information about publishing industry growth patterns as well as for tracking quantities (traditional vs non-traditional/ independent book sales). The study takes into consideration the quantity of books in print vs. digital publications (e-books).  To read the August 6, 2013 report, please follow this link. http://www.bowker.com/en-S/aboutus/press_room/2013/pr_08062013.shtml.

Technology-quote-Northrop-FryeIn my opinion, this data is much needed since the publishing industry is so rapidly changing and growing.  The study will be useful to more than just the publishing industry. The technology industry, libraries, and bookstore owners will benefit from this data. Many brick and mortar stores are trying to evaluate out how they can best serve communities with the changes that are underway in publishing.

Knowing the latest book buying trends is also helpful to independent publishers like myself. It helps us to know what platform readers are using most frequently and whether to publish a paper version, digital (e-book) or audio book and how to price them.

Have your book buying habits changed or are they likely to?  Has your reading platform changed from paper to electronic? Are you observing any trends in the kinds of books that are available for sale over the internet? We would like to hear from you.

This blog brought to you by www.CornerstoneFulfillmentService.com.