Bargain books are worth the wait

[ad name=”Google Adsense 728×90″] Bargain books are like movies in second run theaters. You saw all the reviews when it first came out. Your heard your friends talk about it. You knew you wanted to see it, but you waited. When you finally saw it, you saw the same movie. You sat in the same kind of room. You had the same choices at the snack bar. You had all the same amenities and experiences you would have had when theĀ  movie first came out, but the ticket was half price. The best bargain books are like that. They come … Continue reading

The Bargain Book Business: An Overview of Recent History

Illustration by brewbooks via Flickr. Creative Commons license. Until the 1970s, the book industry comprised dozens of independent companies, some small and some large, whose only business was book publishing.  Bookstores were likewise independent and locally owned. I worked in two bookstores during the late 1960s and early 1970s. At that time, the publishers set the retail price for each title and sold them to bookstores at a 40% discount. Bookstores, therefore, could not compete on price.  Publishers also determined how many copies of each title to print, based on their assessment of how well it would sell. To this … Continue reading