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Jun. 27th, 2006 10:12 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
teddogAs we continue the endless mindnumbing battle that is the price of books in Canada in connection with the exchange rate, here's an article on the topic from the Globe and Mail:
http://www.theglobeandmail.com/servlet/story/RTGAM.20060627.wxrbooks27/BNStory/Business/
Highlights
- "Most publishers have already made pricing changes with new books, or reprints, that have been printed recently, reducing the difference between the U.S. and Canadian price to about 20 per cent. Book sellers say that markup is reasonable because of the higher costs of distributing books in Canada." Wait. WHA? I understand there's problems transporting books to rural areas, especially in the north, but we PRINT a lot of comics alone, never mind novels. The product is in the country already. ::grumbles::
- "Random House of Canada, for example, which distributes U.S. books in Canada, will give book stores an extra discount on its backlist U.S. books that are older than 12 months, allowing the retailer to reduce the selling cost to consumers" ... "Mr. McNally said the new policy means most Random House books on his stores' shelves -- about 10 per cent of his inventory -- will fall in price by about 20 per cent as of July 1. He'll put new stickers on each book to reflect the new price." How's this going to effect the profits the seller sees? It sounds like they're going to get burned if they lower the price and this one is up to the store.
-"Other publishers are making similar price-cutting moves. John Wiley & Sons Canada will move its Canadian pricing to a 20-per-cent premium over the U.S. dollar price on new U.S. books, reprints and the backlist, said Robert Harris, head of the company's trade division. Unlike Random House, Wiley will put price-change stickers on the backlist books in its warehouse, before they are shipped to stores." This sounds like a better idea.
The article also briefly discusses the effects of the higher doller on magazines.
DVD burner is going to have to wait until next month, for I am a cheap ass and I'm waiting for that GST Cut to go through. :P
http://www.theglobeandmail.com/servlet/story/RTGAM.20060627.wxrbooks27/BNStory/Business/
Highlights
- "Most publishers have already made pricing changes with new books, or reprints, that have been printed recently, reducing the difference between the U.S. and Canadian price to about 20 per cent. Book sellers say that markup is reasonable because of the higher costs of distributing books in Canada." Wait. WHA? I understand there's problems transporting books to rural areas, especially in the north, but we PRINT a lot of comics alone, never mind novels. The product is in the country already. ::grumbles::
- "Random House of Canada, for example, which distributes U.S. books in Canada, will give book stores an extra discount on its backlist U.S. books that are older than 12 months, allowing the retailer to reduce the selling cost to consumers" ... "Mr. McNally said the new policy means most Random House books on his stores' shelves -- about 10 per cent of his inventory -- will fall in price by about 20 per cent as of July 1. He'll put new stickers on each book to reflect the new price." How's this going to effect the profits the seller sees? It sounds like they're going to get burned if they lower the price and this one is up to the store.
-"Other publishers are making similar price-cutting moves. John Wiley & Sons Canada will move its Canadian pricing to a 20-per-cent premium over the U.S. dollar price on new U.S. books, reprints and the backlist, said Robert Harris, head of the company's trade division. Unlike Random House, Wiley will put price-change stickers on the backlist books in its warehouse, before they are shipped to stores." This sounds like a better idea.
The article also briefly discusses the effects of the higher doller on magazines.
DVD burner is going to have to wait until next month, for I am a cheap ass and I'm waiting for that GST Cut to go through. :P
