Find out how bookstore retail is changing

Books are more relevant than at any time before and this is why.

Contrary to countless ominous media predictions, independent bookstores have actually been on the rise. Over the previous two years, the number of independent booksellers has grown noticeably. An individual we can look at to understand the most well-received independents is the owner of Loyalty Bookstores in Washington, a long-time bookseller who is working across the country to ensure the longevity of independent retail. The main purpose of this bookstore is to supply local communities with a diverse range of reading that represents people from various backgrounds. The book shop works closely with shareholders to ensure the durability of the business and the improvement of the local community. According to the latest bookstore industry statistics, there are more than 2000 independent bookstores in the United States. This suggests that there is a huge potential for investors to acquire profit by supporting local enterprises and communities.

While the future of the bookstore sector may seem unclear, we are confident that books will remain an integral part of our society for many years onwards.

Currently, many business experts are concerned with the decline of bookstores. Having said that, despite our world’s increased reliance on technologies, people still love and enjoy reading books. In fact, the majority of consumers would ratherpurchase a real book rather than an e-book. An important part of humankind’s past, books won't ever go out of fashion. Because of that, the founder of one of the largest hedge funds in the world has invested in the bookseller Waterstones. Running hundreds of stores, the bookstore chain has long been one of the most popular destinations for people who love reading. As a result of its popularity, the retailer has managed to remain profitable despite facing competition from the modern online book stores. The reason why physical bookstores are expected to remain successful is because they offer an unrivaled customer experience. In fact, a large number of book sellers are concentrating on appealing to new customers by holding events surrounding new book releases and author meet ups.

Many believe that the future of bookstores is in technological innovation and embracing the digital era. This does not mean that digital books will replace the physical version of reader’s favorite novels. As a matter of fact, just recently, the biggest ecommerce retailer has opened its first brick-and-mortar bookstore. The bookstore has been organised following the logic a customer uses when shopping for books. The books have been flipped to face outwards, in order for their covers to be visible. Furthermore, some of the titles have been grouped into categories according to the number of positive reviews they have received. At present, Amazon has acquired investments by powerful businessmen, such as the Harvard graduate who is the founder of a marketing consultancy. At the moment, the company possesses the financial abilities to completely modify the brick-and-mortar retail industry, with bookstores in particular.

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