![]() ![]() than in Europe, where many countries have fixed pricing, he noted.) Downer called the recession and the digital revolution "two different things" that combined have had a dramatic effect on the book business. (Discounting has made online book buying more popular in the U.K. ![]() And "the higher profile the book, the more absurd the discounting," which in some cases is as high as 70% or 80%. ![]() The lack of fixed prices on books has made the books "a commodity and loss leader," he continued. had gone from having several bookstore chains to one, and independent bookshops are closing at an accelerating rate ( Shelf Awareness, October 5, 2011). He noted that in the space of a few years, the U.K. ![]() Already Amazon sells an estimated 30% of print books and 80% of e-book sales in the U.K., and as a result wields "enormous power," Downer said. and now head of consultants Front of Store, speaking at the O'Reilly Tools of Change conference at the Frankfurt Book Fair on Tuesday. continue, Amazon could account for half of all book sales in the country or more in the near future, said Philip Downer, the former head of Borders U.K. If current book and e-book retailing trends in the U.K. ![]()
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