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Amazon has '80% online share', claims new survey

09.03.11 | Lisa Campbell

Ten times as many people shop at Amazon than online at Waterstone's, a survey has revealed, while more than half of respondents bought books online.

The research, carried out by the Institute of Direct Marketing, www.theidm.com, showed that 80% of some 2,000 readers surveyed bought books from Amazon, in comparison to just 8% of people who shopped at the high street book retailer’s website.

The IDM said the results supported the importance of digital marketing in boosting sales.

"With around 56% of respondents going online for books, it stands to reason that businesses use digital marketing to push their own sales," digital marketing company Econsultancy added in response to the findings.

The figures also revealed that the proportion of those who shopped at Waterstone's stores, 23%, was equal to the number of people who bought books from supermarkets, also at 23%. Slightly fewer consumers, 21%, said they bought titles from WH Smith.

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By HIS LORDSHIP

Amazon are always cheaper than Waterstones; so it's not surprising.

Wed, 09/03/2011 - 10:48
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By Richard Lyle

I'd like to know more about the methodology of the survey before I comment properly.

Wed, 09/03/2011 - 11:03
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By Anonymous

people shopping online are doing it mainly for price reasons, and so will always then buy at the cheapeast place.. maybe with a little bit of loyalty thrown in.

Wed, 09/03/2011 - 11:04
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By Anonymous2

Anonymous - price and convenience for me. As a person with the only bookshop within a 5-mile radius being a WH Smith, I ALWAYS go online rather than try to make my way through that labyrinth. Amazon or The Book Depository all the way...

Wed, 09/03/2011 - 11:10
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By Diana

Amazon has brand dominance online, despite the affection for Waterstones as a high street brand. The perception is, that Amazon is faster, cheaper, and has more books of all kinds, including ebooks. Pricing is a big barrier for me, on Waterstones website. Example: The Payback by Simon Kernick, ebook is £9.49 (!) on Waterstones,and £5.84 on Amazon.

Wed, 09/03/2011 - 11:18
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By andrea

It doesn't help that the bigger Amazon gets, the cheaper they can sell their books for.

noone can compete with that :(

Wed, 09/03/2011 - 11:32
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By iucounu

Over at Futurebook today you can see the latest ebook bestseller chart and the prices at various online retailers.

Of the top ten, Waterstones only carry seven titles, while Amazon carry them all. Furthemore, only two of the top ten are the same price in both stores; the remaining five titles carried by Waterstones are being sold by Amazon for less than half Waterstones' price.

So in fact for 80% of the top ten ebooks, you would have to be crazy to shop at Waterstones instead of Amazon. WHSmith is marginally better; Amazon is only 40% cheaper instead of more than 50%.

It's amusing that the digital marketing guys are saying this is all about digital marketing. It's about price.

Wed, 09/03/2011 - 11:33
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By Mid-sized Publisher

Our recent experience is that direct sales with Amazon are falling (after years and years of growth). The rise of other competitive sites, especially The Book Depository, are all in the ascendant. This small snapshot would suggest the on-line market is broadening and Amazon are not having it all their own way!

Wed, 09/03/2011 - 14:53
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By COMMENTATOR

THEY ARE BUYING MORE FROM WHOLESALERS MID SIZED

Wed, 09/03/2011 - 15:53
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By Gareth P

My question is always the same: how many copies of each title do Amazon sell? In my experience, not very many. It's important for breadth of range, but for the majority of writers and publishers it's more complicated than that.

Wed, 09/03/2011 - 16:19
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By jimowin

I buy thousands of books from around the world. I only use Amazon as a last resort. ABEbooks.com is my favorite closely followed by BookFinder.com.
But lately I find myself buying more books from Book Depository even in Australia booksellers cannot compete against Book Depository we have no hope when you look at the costs of postage that we have to pay.

Thu, 10/03/2011 - 02:40
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By Anonymous

They couldn't- think of the authors and publishers- the game of pile it high, sell it cheap would happen again, online would win the fight then bye bye bookstores- and not just Waterstone's.

Thu, 10/03/2011 - 14:21
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By Fudge

3 for 2 doesn't work in all situations. If your dealing with publishers who don't give the best discounts, you end up in the negative each sale. It certainly drives sales though, and with the big publishers, the scenario works well. But overall if your giving away a third of all your stock per day, the profits that Waterstones needs so badly, would be far far slower to gain. Cutting back on useless costs, like the much talked about POS insanity, and the leaflets etc etc produced en-mass, could be the better solution. It's like many things in the small w. So many wasted costs, that staff are the first to spot, yet HQ are always on the war path with the next attack wave of money wasted. Publishers and fairer cost cuts, penny pinching a bit more, and maybe the tides would turn, and book cost could be discounted further. But Amazon for all the corporate evils, are I've found a good company to buy from. Many more obscure titles, or foreign imports are usually got at far quicker than from Watersones stores, or the website. It's a shame, because like many, I do want to support my local book shop, but if I can get my books far quicker, and cheaper online, then why would I shop out of poket, just to be loyal?

Thu, 10/03/2011 - 15:22
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By Chris Nicholl

Jimowin - amazon own abebooks.com and by extension bookfinder.com. so like it or not you're buying from them more often than you might think.

Thu, 10/03/2011 - 16:03
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By Steven Tyler

I think the majority of books can be ordered into Waterstone's stores within 48 hours but, obviously, that means a customer has to go to the shop to place the order and then return a day or two later to pick it up... I can see why, when faced with this choice, most choose to order online.
As for 3-4-2 and other promotions, I think you're right; it works for big publishers but smaller titles and lesser-known authors may lose out in the long run.

Thu, 10/03/2011 - 18:42
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By Anonymous

It's ok, they sell chocolate now- everyone loves chocolate- forget about books- buy chocolate, that's why I go shopping at Waterstone's- not because I enjoy reading- that would be silly. Chocolate provides a high profit for no effort- all in all easier than selling poor old books.

Fri, 11/03/2011 - 09:32
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By Geoff

Choclit, anyone?
No?
I'll get me coat...

Fri, 11/03/2011 - 11:25
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By Anonymous 2

48 hours for an order is not the case in my local shop, they quote me a week when it's coming from their hub warehouse. Amazon is much faster. I have tried to stop ordering from them and buy from my local out of loyalty, yes paying more to do it. It's a nice idea but after a few steeper and slower transactions I went back to Amazon. They almost always have what I want in stock, unlike the shop which has less variety than I've ever noticed. No, I cannot get chocolate with my books but I can get the books and more of them for the same amount I'd spend in Waterstones!

Fri, 11/03/2011 - 11:32
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By Anonymous

even indie bookstores use amazon and book depository for supply, the publishers and Wholesalers offer such poor discounts on so many products (anything currently in a promo, like WBN or R & J book club then 50% at amazon most times), book depository delivery is a lot slower than amazon, but often quicker than a purchase direct from a publisher. And publishers want to deal more and more direct with schools, offering extra % and promotions, so indies are being cut out of that supply to. gardners and Bertrams offer Guiness world records at 45% if u buy 10 @ firm sale when it comes out. Asda / amazon offer the same firm sale - from 1+ copies @ £9 55% off. Gardners offered them again the other week for £10. they were £7 on amazon - yet their reps want to know why your not buying as much...... ermmmm no customers and not enough discount. never ending circle, till theres nothing left.

Fri, 11/03/2011 - 11:43
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By Will Duffay

I'm possibly surprised that it's only 80%. Not because Amazon are necessarily the best, but they're certainly the higest-profile and biggest.

I'd like to recommend bookdepository except that their customer service, in my experience and opinion, needs a shake up. I emailed them about specific problems - slow delivery, damage, books from a single order sent at the same time in separate envelopes - and never received a reply. Amazon, on the other hand, have good customer service. So this book buyer will reluctantly return to the company which engages rather better, even if their dominance is something of a problem.

Mon, 14/03/2011 - 15:36
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