Price wars

  • Posted on: 6 November 2009
  • By: mysterylovescompany

Dear ones,
As you know, if you are not an ostrich, there is a price war going on for best-selling books.
John Grisham was on the Today Show and his interview with Matt Lauer is an interesting take on The War.
http://today.msnbc.msn.com/id/33603693/ns/today-today_books/

All of us suffer in the long run from these policies of 60% -70% discounts by the box stores and big online retailers (You know who they are). The printed word is cheapened and the royalties to authors and profits of publishers and booksellers will plummet. This is not good news for the book business in this economy.

The three retailers have limited the public to 2 or 3 copies, so bookstores can't even purchase the books from them instead of from publishers where they only receive 40- 45% wholesale.

If you don't think you make a difference, you are wrong.

Mr. Grisham believes that eventually publishers will stop publishing new authors, I believe this "censorship" resulting from this policy would be deadly.

Many purchases online are not charged sales tax. That is a loss to the local economy.

Think before you buy.

You can make a difference.

MYSTERY LOVES COMPANY WANTS TO THANK YOU FOR SUPPORTING OUR LOCAL AND INDEPENDENT BOOKSTORE. WHEN YOU BUY LOCAL AND INDEPENDENT, YOUR MONEY STAYS RIGHT HERE IN THE ECONOMY AND WE ALL BENEFIT. 

I welcome your comments.

Best,
Kathy
Mystery Loves Company Bookstore
202 S. Morris St
Oxford Md 21654
1-800-538-0042