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Home > Business/Finance > Training and Education > Publishing
UK Book Retailing 2007
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Introduction
UK book retailing is in a state of flux. Until recently the books market was highly fragmented with demand split between numerous specialist retailers. But over the last 10 years this situation has changed fundamentally, culminating in the landmark merger between the two largest UK based books specialists in July 2006.
Scope
10 year historic data and five year forecast for consumer spending on books, with year on-year growth segmented into inflation and volume. Comprehensive profiles of the UK's major book retailers: Borders, Waterstone's (including Ottakar's) and WH Smith. Consumer research providing analysis of online book shoppers, including their socio-economic profile, reasons for buying online and retailers used. Strategic analysis of grocers' expansion into book retailing, with particular focus on Asda and Tesco.
Highlights
Despite the initiatives of specialists to promote book reading and book buying, their market share will continue to fall as grocers and online specialists expand their book businesses. Over 2006-11, specialists will increase their sales by 8.7%, but their share of the books market will fall from 43.8% to 40.0%. Specialists will at least defend their market share more successfully than either book clubs or non-specialists. The book club model is set to lose more market share than any other channel as like other types of mail order retailer, it failed to seize advantage of the Internet. In 2006, consumer spending on books amounted to £3.4bn, giving books a 1.3% share of total retail expenditure. In broad terms demand for books has experienced fairly healthy growth over the past decade spending on the category has increased by 77.9%, well in advance of the 49.4% increase in retail spending.
Reasons to Purchase
Analyse the growth in demand and pricing pressures in the UK books market. Measure the migration of sales from physical stores to online retailers and grocers. Formulate plans to keep up with competitors and support internal planning and targets.
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