PRESIDENT’S REPORT
News on Four Fronts

November 2005
by Kent Sturgis

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This month I’m touching
briefly on several subjects: used-book sales, bookstore sales figures, the
Green Press initiative, and hurricane relief.

Used-Book Sales

If you missed the hand-wringing
over the Book Industry Study Group’s findings about the growth of the used-book
market, join in now. These are some of the BISG study’s highlights:

·      In 2004, used-book sales in the
United States surpassed $2.2 billion, with more than 111 million units sold.

·      Sale of used books last year
represented 8.4 percent of total consumer spending on books.

·      The long-established used-book
market in the educational arena had sales of more than $1.6 billion last year,
up 7 percent from 2003. The market outside that arena is considerably smaller
but it is growing much faster, with sales topping $589 million in 2004—up
a whopping 25 percent in one year.

·      Online sales of used books totaled
$609 million in 2004, an increase of 33 percent over the previous year. The
leading online book vendors reported double-d

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