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Showing posts with the label monopoly

136. The new retail

There is a bookshop in my hometown of Santiago called ‘Follas Novas’ (New Pages). It has a huge amount of books, every conceivable space is full of them. They keep inventory in the store computer, and also in Jose Antonio’s, the owner, head. He can pinpoint the location of any of the many thousand books immediately and with unfailing precision. It is like a tiny local Amazon, with less stock and slightly faster fulfilment. The latter may be an advantage, but small and likely to reduce further once drones can be used for deliveries. And this is a problem. ‘Follas Novas’ will probably disappear, because it becomes irrelevant as a retail option or because Jose Antonio, its soul, retires, whichever comes first. This will leave a void in the town, but only a few will notice. It makes me think that these local bookshops must mutate to survive, as Darwin or Dawkins would tell you. They must become a space which offers what Amazon cannot, combining shopping with experience in a new way. Ideas?...

128. Fighting monopoly, a tough ask for all of us

After a digital Hay Festival this year, I ordered my books from Waterstones, the partner selling the books of the authors participating in the literary festival. I could have bought them from Amazon, but I decided to support Waterstones, as I feel Amazon’s power in the bookselling market is too great. This, however, is not an easy decision to make. Amazon’s economies of scale and purchasing power means that, on my first order alone (4 books), I could have saved £20.67. On my total ordering for this year’s festival, close on £100. Choosing to pay over the odds is a similar decision to buying organic foods, but with less health benefits, as the book is exactly the same. I am paying a premium for the sustainability of high street bookshops and for a strong independent book market. Other, non festival books, I buy at single book stores, at even higher prices. But many others who may care as much as me about these issues may not be able to afford to make these choices. Those who can, should...