Last month internet retail sales fell. That is unheard of. Now we see that sales of electronic books have ground to a halt. It seems e-commerce has become e-stagnant. You can thank the government, with a little help from the mega-bricks and mortar retailers, who jammed through new sales taxes on internet sales. They couldn’t allow the American people to get a break by ordering on-line. They need those sales taxes to sustain the gold plated pensions of government drone workers. Well they’ve succeeded in putting a halt to the e-commerce revolution. One problem. It didn’t revive the sales of bricks and mortar retailers. Everyone is now in decline. That’s called leveling the playing field. Consumers have less to spend, the government got bigger, and more small businesses closed. That’s called e-success in Emerica.
You will find more statistics at Statista
Even though the global e-book industry is worth $8.5 billion, this still pales in comparison with print’s $53.9 billion. The pace of the digital reading revolution has slackened considerably with growth plumetting to just 5 percent in 2013. Meanwhile revenue stagnated between 2012 and 2013 at just over $3 billion.
Could it be that people prefer their dusty paperbacks to the influx of electronic devices? 46 percent of American internet users only read printed books while just 6 percent read e-books exclusively. It looks like the death knell for brick and mortar book stores is still a long way off.
