lederhosen: (Default)
lederhosen ([personal profile] lederhosen) wrote2007-08-10 03:03 am

Angus & Robertson: pioneers of the book trade!

Via [livejournal.com profile] stephen_dedman: most businesses work on the assumption that money flows in one direction when goods or services flow in the other. In the book industry, Publisher might pass a book on to Bookshop, who passes it on to Customer, and meanwhile Customer passes money to Bookshop, who passes some of it back to Publisher.

The clever folk at Angus and Robertson (who are, at least nominally, a bookshop) are attempting to pioneer a brave new business model in which the publisher sends them books and money, which makes a lot of sense as it would obviously boost their profit margins no end. Sadly, the publishing end of the industry is not quite ready to embrace this new paradigm.

[identity profile] hacked2death.livejournal.com 2007-08-09 11:51 pm (UTC)(link)
I read that yesterday in Crikey's daily updates and couldn't help giggling. The balls of some of these companies, eh? They think they're the most important book group out there.. Outside of the capitals, I dont think Ive seen many A&Rs.