Publishers saw increased revenues in October, up $251 million (+27.6%) for October 2017 vs October 2016. The strong month brings revenues for Jan. – Oct. 2017 to $12.44 billion, up +1.7% for the year-to-date. Every category saw an increase in revenues for Oct. 2017, which include sales to bookstores, wholesalers, direct to consumer, online retailers, etc.) Trade books are up +16.5% for Oct. 2017 vs Oct. 2016 and 1.6% year-to-date. The greatest growth in the trade category was adult books, which saw $123.5 million (+25.8%) revenue growth. Publishers report that the significant increase is due to several factors including the book debuts from well-known authors. Click Read More below for additional information.
By Hamilton Davison & Paul Miller
Had enough snow-sleet-rain-wind-fire this past winter? Spring and summer could see even far worse storms in Washington, DC, that will affect all remote sellers — catalogers, publishers and e-commerce companies — for decades. Unless a strong industry push back is made, the resulting consequences will undermine your company’s profitability and add new complexity for both you and your customers.
These two major industry issues should have everyone’s attention:
1.A potentially significant change (not for the better) in how future postal rates are to be set;
2.The ramifications of a forthcoming Supreme Court ruling on the future of remote/internet sales taxes that could overturn over 50 years of precedent businesses nationwide have relied upon.
Our industry must mobilize to take action to respond to these industry-wide threats! The time to do so is right now. Inattention will be costly. Without a concerted, coordinated response, the outcome for both will be dire.
In each matter, it will remain with Congress to provide a solution. Moving bills through Congress is a challenge even in the best of times, but at this point in our political history, with charges and counter charges, with facts and fiction being obscured, even more effort is necessary. There are 535 different members of the federal legislature. Members of Congress respond best to the people that vote for them. So we need immediate constituent pressure on every member of Congress to let them know an important sector of the economy in their home jurisdiction is at risk.
ACMA is calling on every company with interests in remote selling, including all industry suppliers and other service providers, trade media to get engaged and help mitigate these very real threats facing our industry today. Whether with ACMA or some other trade group, history shows that professional associations are the best means to coordinate an industry response. Moreover, whether you are an AMCA member or not, ACMA will help you get connected to Congress. It is that important!
more at: http://www.piworld.com/post/postal-rates-and-internet-sales-tax-present-perfect-storm-of-marketing-woes/#ne=d7f0e6e16b0d037f71fc050491da5623&utm_source=today-on-piworld&utm_medium=newsletter&utm_campaign=2018-05-09