As the price war between Amazon, Wal-Mart, and Target continues, publishers see more clearly every day how it could spell their demise: As this story from the Milwaukee Journal Sentinel notes, many indie booksellers are buying books from the warring parties because they are taking losses on the books — i.e., selling books for discounts greater than the publishers can sell them at.
Of course, one would think the booksellers would recognize how this will kill not only publishers, but not long after, themselves as well. Nonetheless the JS story opens with a Wisconsin bookseller doing exactly that — loading her Amazon shopping cart with books she can’t get as cheaply at her normal suppliers.
There is, at least, one more factor helping the local book business from not only the predatory practices of the big boys, but the indies helping them out: In Wisconsin, “Wal-Mart and Target won’t ship the below-cost books to customers here because of the state’s law banning retailers from selling merchandise below their cost.”
The article also notes, however, that Amazon was apparently willing to ignore the law: Amazon.com, it reports “was accepting orders from Wisconsin.”
Dennis Johnson is the founder of MobyLives, and the co-founder and co-publisher of Melville House.