AAP: Religious book sales improve, despite industry decline |
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Written by Taylor Berglund |
Thursday, 03 March 2016 10:48 AM America/New_York |
The increase is a very good sign for Christian retailers. The strong October improvement means that overall year-to-date religious sales have broken even with last year, after lagging behind for the first nine months. Religious presses have accrued $449.9 million in revenue to date in 2015. This trend defies the overall industry, which has declined by 2.8 percent in year-to-date statistics. The religious press sales increase for October 2015 can be attributed to strong hardcover sales (up 16.8 percent) and paperback sales (up 8.4 percent). Religious e-books continued the slump that began in July, with sales that declined 11.2 percent in October 2015 relative to October 2014. Religious publishers' e-books have fared poorly for most of 2015 and declined even further this month, down 10.1 percent in year-to-date sales. Paperback sales continued to see positive year-to-date growth (up 2.9 percent), but for the first time in months hardback sales also improved over 2014 sales (up 1.9 percent). |