One of the few sources we’ve
seen that has information about actual dollar sales of
self-help/self-improvement books is Simba Information Inc. Simba reported,
in its publication entitled: Trade Book Publishing: Analysis By Category,
that sales of self-help books for 2003 were estimated at $640 million, up from
$621 million in 2002 and versus $611 million in 2000.
Simba further reported that in
2003 there were 2,310 self-help titles published through November 10, 2003. This
does NOT include “health” titles such as Dr. Phil’s book or the South Beach
Diet. The 2003 total, based on that pace, will come in slightly higher than the
2,363 titles published in 2002. By comparison, in 1997 there were 1,818
self-help/inspiration titles published, generating $538 million in sales.
Thus, the category grew 30% from 1997 to 2003, or about 5.0% annually. When
adding in the books Marketdata considers under the scope of self-improvement
(i.e. diet books), not just “self-help”, this rate of growth is undoubtedly
significantly higher.
The biggest SI/motivational
sellers still are authored by the celebrity names (Deepak Chopra, John Gray, Dr.
Robert Atkins, etc.), but some new authors have been creeping onto the list in
recent years. Publishers Weekly goes on to say that: “Self-help, a
popular category of the ‘90s (not to mention the ‘80s) is represented by Body
For Life, Relationship Rescue, and Eating Well For Optimum Health (by
Andrew Weil, who had many bestsellers in the 1990s).”
Where People Buy Self-Improvement Books
Readers are increasingly buying
books by mail, in places such as Wal-Mart stores, and online (via Amazon.com,
Barnes & Nobles.com, and Bookwire.com). Publishers also attribute the sales
surge to the growth of the superstore, with its environment that fosters
browsing and staying in the store longer. Barnes & Noble and the Borders retail
chains have expanded the number of superstores they operate, and have posted
strong sales there.
Below are the major
book selling outlets, by market share...
| |
Estim Share (%) |
|
Chain bookstores |
22 |
|
Independent bookstores |
16 |
|
Book clubs |
17 |
|
Discount stores |
8 |
|
Internet |
8 |
|
Price clubs |
6 |
|
Mail order
|
5 |
|
Used bookstores |
5 |
|
Drug/food stores
|
4 |
|
Other * |
9 |
Source: American Booksellers
Assn.
* card, gift, hobby, dept. stores
Topics Covered
Today there is real growth in
spirituality oriented books, and a transition from addiction recovery
to spirituality. A major part of the recovery boom was a huge latent demand for
books addressing issues of spirituality and personal growth. Today, we’re
seeing a blending of recovery titles with self-help. Publishers are trying to
hold onto the recovery audience while capitalizing on the growing mainstream
popularity of spiritual books.
Life-probing inquiries are
fueling the industry to produce more products that promise to provide some
answers. People are realizing that they can get information and change their
perspectives on their own rather than go to a therapist There’s a general
movement toward ‘let’s learn to do this for ourselves’. People no longer have
time to follow strict regimens or a guru’s lifelong path. People want the
“nitty-gritty” of a subject so that they can work on themselves and their bodies
now.
Several physicians, including
Herbert Benson, Bernie Sigel, and Christiane Northrup, have also been at the
forefront of complementary medicine. Books by Andrew Weil and Deepak Chopra
have made The New York Times bestseller list.
Not surprisingly, the celebrity
circuit has had a strong influence on mainstream interest in alternative health
books. Sales of Deepak Chopra’s books were fueled by endorsements from
celebrities like Demi Moore. And, people like Oprah Winfrey are playing a huge
role in introducing people to alternative ways to help and heal themselves.
New Age Bookstores
There are now approximately
5,000 new age bookstores/gift shops now operating in the United States, up from
about 4,000 in 2001 but still down substantially from an estimated 7,000 in
1997.
Several trends are apparent
when one makes a few phone calls to the industry’s leading trade journals and
organizations. For example, the New Age Journal no longer goes by that
name and has changed its focus to an affluent women’s magazine. It is now
called: Body & Soul Magazine.
In addition, most “new age”
bookstores can’t survive by just selling books. Stores are carrying less books
and more gifts (which are more profitable). There has been a major increase in
sales of pagan, earth lore, wicca (witchcraft)-related items. Self-help is a
tough sell today. Retailers and book publishers have cut back in this area.
Self-help has been over-sold and is old news now. Spiritual self-help is the
more up-to-date term.
Most of these “new age
bookstores” are small operations serving very local areas. Frequently, they are
the center of new age activity in that area. In addition to selling
self-improvement books and cassettes, they also sell such things as jewelry,
incense, periodicals, videos, and healthy foods. SI books focusing on more
practical topics are selling well, as are nutritional supplements and herbs. The
number of new age “products” continues to rise, in tandem with the increasing
number of distribution channels. Another trend is that more and more bookstores
are setting up their own websites, but few are interactive. Most are simply
advertising vehicles.
There are very few new age
bookstore chains with multiple stores. Evolutionary Products finds that the
Psychic Eye Bookshops has 11 stores (in California, Nevada and other states).