Management consultant Joseph Esposito writes, “With bookstores collapsing everywhere, the print business collapses along with it.” As bookstores close, Esposito argues, readers have fewer places to discover print books. Instead, he says, they learn about titles online — through Twitter, Goodreads, or Amazon pages. When it comes time to order the book, they have two options: A cheaper digital version or a more expensive print version. “Why pay for print when you can get the digital edition immediately at a lower price? The advantage of the physical bookstore — the immediate availability of inventory — is not at play here.”
Read more at GigaOm