Children's Book Market Recovery Continues
By Paul A. Paterson
December 1, 2002
Harry
Potter and the Goblet Of Fire by J.K. Rowling |
After
a tough stretch in the 1990's, children's book sales have rebounded
thanks to several new trends in the publishing market. Foremost
is the explosion of interest in kids’ literature created by
the J.K. Rowling phenomenon, Harry Potter. In 2000 the launch of
Harry Potter and the Goblet Of Fire broke sales
records the world over. Amazon.com, for example, pre-sold more than
265,000 copies of Goblet of Fire, dwarfing Amazon's biggest previous
advance sale, 43,000 copies of John Grisham's The Brethren. Ironically,
this windfall for giants like Amazon was also a boon to independent
booksellers across North America.
"Harry
Potter gave a one-time cash boost but also helped push people back
to the independents," explained Hunt Landon, Executive Director
of the Northern California Independent Booksellers Association.
"It made a huge difference in stemming the tide in losing our
market share, and [we] are now gaining market share." Credited
with getting many non-readers to pick up a book, the Harry Potter
series has expanded the market for similar material, such as Brian
Jacques' Redwall series.
Nickelodeon
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The
second trend is the explosion of books involving licensed characters
from television, film and even corporate symbols. Beginning some
25 years ago with books based on Sesame Street
characters, the landscape is now dotted with "brand name books"
with Nickelodeon, Walt Disney
and others forging strategic alliances with children's book publishers.
While
branding characters has a long history, branding authors is a new
trend—with a growing list of celebrities getting the most
attention, including actors Jamie Lee Curtis and
John Lithgow and journalists Maria Shriver
and Debra Norville, crafting some very popular
children's stories.
"The reason
they have sold well in independent book stores is not because it
is written by Jamie Lee Curtis," noted Landon. "It's because
they are good books. Name alone will not do it."
Over
the last few years, independent bookstores have begun to recover
some of the market share lost during the mid-90s. "There was
a period of time when the children's literature market was huge,"
says Anne Irish, the Executive Director of the Association
of Booksellers for Children. "There was a lot more
money available to libraries and teachers to purchase books."
At the end of
the 1980s, indie bookstores held approximately 30 percent of the
book market. With the arrival of the giant book superstores and
online retailers like Amazon.com, however, that share dropped steadily
to 15 percent. But in recent years, the numbers have nosed up to
just over 16 percent.
"It has
less to do with the quality of books being published than the emergence
of super stores and Amazon," explains Landon. "Independent
bookstores were in a tough spot in competition with the superstores."
Both
Landon and Irish give some of the credit to Booksense,
a national marketing program for independent bookstores. It has
given independent booksellers their own bestseller list, access
to gift certificates, and the book-ordering power of Amazon and
the big retailers.
"We've
learned to be smarter business people over the last five years,"
notes Landon. "The one's that are still here are here because
they are good book sellers now. We have some technical advances
we didn't have before, and some marketing advantages we didn't have
before. Because of Booksense publishers are rediscovering us as
a viable source."
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