Barnes & Noble 3Q results don’t paint a rosy picture for the retailer
As much as I appreciate Barnes & Noble’s efforts in the ebook space, I’m very concerned that they still haven’t found an answer for Amazon’s price aggressiveness and online-focused strategy. Will they find sustainable footing for a bright future? I’m just not seeing it at all.
Sure, they now have a new low-priced tablet device to compete with the Kindle Fire, but that news was over-shadowed by the company’s third-quarter profit dropping 14% due to higher expenses. And what does this uncertainty mean for readers, authors and publishers that benefit from working with Barnes & Noble? Although I do most of my purchasing at Amazon, Amazon needs a strong, robust competitor to keep them honest in providing fair prices for consumers and fair relationships with authors/publishers. So I hope B&N stays in the race for a while to come.
Let me know what you think–catch me on Facebook and let’s talk!
Until next time, keep publishing-
Henry Hutton
PublishandSell.com
hhutton@publishandsell.com
Friend me on Facebook
Follow me on Twitter
Phone: 919-247-1832
Connect on LinkedIn
Hi! my name is Henry Hutton, and I'd like to welcome you to my new website--PublishandSell.com. I'm one of the founding members of Lulu.com--the world's leading online publishing site, and served as their Online Community Director, Director of Operations and Customer Service, and Product Manager for their Lulu Studio online book-building tool. During my time at Lulu I helped hundreds of authors navigate the often confusing world of self-publishing. Not surprisingly, when we started Lulu in 2003 people referred to our free online publishing as a scam.