In 2013
we shipped our entire stock from our warehouse to various Amazon
warehouses around the UK and since then they have undertaken our
fulfilment.
This has worked very well for us, and we have no complaints.
Recently,
Amazon have decided to charge storage fees for slow moving stock. Some
of our stock is very slow moving - that is the very nature of "the long
tail" and I cannot really complain.
However, this does
give us a slight problem: we want to avoid these charges which come into
effect in August, so we are going to have to accept the books back to
our premises. However, we no longer have a warehouse, just a house, and
my wife is not overjoyed at the prospect of having several hundred books
arrive next month.
So to mitigate the problem, and
keep the wife happy, we have put all the stock currently held at Amazon
on sale at half price and free carriage in the UK.
All the books that are not sold in the sale will revert to full price on 14th August.
Tuesday, 25 July 2017
Sunday, 22 January 2017
Pearson to sell their 47% stake in Penguin Random House
When I worked for Pearson in the 1970s and 1980s it was
successful and confident and a really great place to work. Its great strength
was its diversification: in fact it was criticised for being, in effect, Lord
Cowdray’s personal diversified portfolio, comprising amongst many other things:
Chateau Latour, Royal Doulton, Madame Tussauds, Warwick Castle, the Financial Times, Westmister Press, half
of The Economist and three iconic publishing imprints: Ladybird, Longman
and Penguin.
Longman was at the time the largest and most profitable UK imprint. Amongst their many successful operations were English as a Foreign Language publishing, medical publishing (Churchill Livingstone), and very successful publishing operations throughout Africa and the Middle East. When there were shocks to the system, as there were when, for instance, government failure in Nigeria caused them to default on a £6 million debt, the company could weather the storm because of diversification.
I fear for the modern Pearson which has put almost all its eggs in the US education market. It has sold off the family silver: Royal Doulton, Chessington Zoo and Chateau Latour went long ago, but more recently they have sold the Financial Times, and their share of The Economist. Now they are to sell their 47% stake in the enormous Penguin Random House. Perhaps it will be in safer hands with Bertelsmann.
Longman was at the time the largest and most profitable UK imprint. Amongst their many successful operations were English as a Foreign Language publishing, medical publishing (Churchill Livingstone), and very successful publishing operations throughout Africa and the Middle East. When there were shocks to the system, as there were when, for instance, government failure in Nigeria caused them to default on a £6 million debt, the company could weather the storm because of diversification.
I fear for the modern Pearson which has put almost all its eggs in the US education market. It has sold off the family silver: Royal Doulton, Chessington Zoo and Chateau Latour went long ago, but more recently they have sold the Financial Times, and their share of The Economist. Now they are to sell their 47% stake in the enormous Penguin Random House. Perhaps it will be in safer hands with Bertelsmann.
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