Advanced Search





Article Archives Search

Archives

  • April, 2013
  • March, 2013
  • February, 2013
  • January, 2013
  • December, 2012
  • November, 2012
  • select

AE Monthly

AE Articles

 
Where have the Collectors Gone? Gone to the Internet Everyone!

- By Bruce McKinney

Selling books! What a predicament this is!


By Bruce McKinney

For those who rely on book fairs to sell books the line that comes to mind is William Bendix's "What a revoltin' development this is." New collecting opportunities every day are undermining the old, changing what buyers buy, who they buy from and what they pay. For both dealers and collectors it's the brave new world whether you want it or not. To many dealers it seems as if the traditional book collector is disappearing. They are right to some extent but this is only half the story. The other half of course is that many collectors are simply collecting in other places and are less visible. Collecting opportunities in fact have never been better. They have also never been so different. Think of the old market as a single pane and the new market as shattered glass. These days the pane is larger but the pieces are scattered. For dealers who rely on book shows to meet new customers this is a particularly difficult problem. Shows, never more than a fraction of a collector's options, are further marginalized by the growth of other market segments. As a result new customers aren't showing up as often as they once did. They are out there but they are looking in other places.

If everyone was going in one direction it would be easier to see where they are going. In fact they seem to be heading into a Grand Central Station of possibilities, often careening in unpredictable directions. Collectors, as the story goes, simply used to buy from dealers at their shops, via their catalogues and occasionally at auction. It was probably never quite so simple. Book collectors have always sought bargains. What's different is that collectors today have so many places to find them.

There are, for starters, the listing sites. They list millions of items and have the feel of giant department stores. There are also traditional auctions now too numerous to count and of course there is eBay. There are thousands of individual dealer sites. Many collectors also visit Good Will, the Salvation Army, scan the garage sale listings and attend the occasional local auction. By whatever route they take, in time, collectors find a collecting subject and markets to suit their style and budget. Book Fairs then emerge periodically as events that become visible only because the fair and its participants publicize them, lightning bugs that shine for a few seconds and then are gone.

In the not-so-distant past booksellers were more collegial and participating dealers more willing to contribute their client lists for event mailings. In this way ten thousand people might learn about a fair. But with booksellers finding it harder to sell they are also less willing to shares names. Where show promoters have devised effective sign-up strategies they at least capture the names of attendees, if not buyers, and can send them postcards and emails the next year.

Through it all collectors never lose interest in seeing material in person and so book fairs continue even as their percentage of the audience declines.

Where have the Collectors Gone? Gone to the Internet Everyone!

- By Bruce McKinney

Progress takes no prisoners.


This then leaves the fate of many fairs, as they are run today, to local advertising and it's both expensive and inconsistent to the point that some fairs don't even try. How then to find the book buyers whose piece of glass grows ever more distant? Many fair promoters have yet to devise effective strategies. It's important they do so because people attending book fairs say they like them very much.

Left unchanged, shows by degree, will fail. They fail by raising the cost of admission. The upcoming Boston Antiquarian Book Fair will cost you $15 to attend the first night. It's bound to be a very good fair but the price is a barrier to the new collector who may decide to wait until Saturday when the price drops to $8 or possibly not attend at all. Such events should be free as the goal is to sell books, not tickets.

Change is needed and inevitable and in time the very nature of these events will transform. To bring the typical online collector to a show they'll expect to know that material of personal interest will be there. Dealers undoubtedly have it but in packing for a show bring perhaps 300 of their 10,000 items. Collectors, who are transformed by the internet, collect intensively but within a narrow range. To be induced to attend they will first evaluate the inventories of participating dealers, identify and confirm specific material will be available for consideration at the show. The dealer, for his part, needs to encourage this. It will motivate the collector to attend, increase the likelihood of sales and build the client relationships that are the life blood of collecting books, manuscripts, maps and ephemera. It will be different and it will be effective.

In time show promoters will provide access to online show inventories with print-outs of booth numbers, titles and descriptions for those who want a plan. They will also provide direct comparisons with what is available online on all the listing sites. They will not pretend it doesn't exist. When this occurs, assuming that the examples provided and prices offered at shows are comparable, sales will take off. The collector won't have to go home to do his homework. He'll do it right there and then, if the price makes sense, close the deal.

The serious collector hasn't disappeared. He's simply gone to greener pastures. He'll return as shows make it attractive to do so.