
by Brian Hibbs
#130 – February
2005 – “Looking at BookScan, 2004"
Welcome to the second
annual review of the bookstore market.
“Direct Market”
stores (also known as “your Local Comics
Shop”) buy much of their material for resale from Diamond Comics Distributors
(though, not, by any means, all – and many DM stores are also buying
from book distributors). DM stores seldom have Point-of-Sales (POS)
systems, and, because we buy non-returnable, what we track is what
sells-in to the store, not what sells-through to the
eventual consumer.
The bookstore market, however, buys their material returnable, where they
can send back titles that don’t sell. Because of this, sell-through
is the data that is tracked and trended. Bookstores that have POS
systems are able to report their sales to BookScan,
a subsidiary of Nielsen.
Each week, BookScan generates a series of reports detailing the specific
sales to consumers through its client stores. The category we are
most interested in is “adult fiction overall graphic novels”. Provided
here is the BookScan report from the last
week of 2004.
For point of comparison,
the 2003
BookScan report can be found here, with
my analysis from last year here.
It is important
to remember a few things here. First and foremost, this isn’t directly
a list of the “year’s best-sellers” – this is a report of what sold
best in the last reporting week of 2004. In order to make this list,
a book had to sell 98 copies in the last week of 2004. If a
book sold 97 copies this week, and otherwise sold 10,000 copies throughout
the year, it will not appear on this report.
This is also not a list of every book that sold through every book store
– the report is limited to those stores that report through BookScan.
According to BookScan, more than 7500 venues
are now reporting to them, but this still leaves many venues that
don’t. Like I said in last year’s analysis:
But who are the retailers who report to BookScan?
According to the list that I have, there are over 7400 potential BookScan venues. This list includes almost 300 independent
bookstores, as well as chain retailers, B. Dalton / Barnes and Noble,
Borders / Waldenbooks, Tower Music and Books, Musicland,
Deseret Book Company (Mormon bookstores), Follett Stores (University
bookstores), Hastings, Costco, K-Mart, and Target. BookScan also tracks online sales from Amazon.com, B&N.com,
Borders.com, Buy.com, Fatbrain.com, and Powells.com.
That’s still a fair number of places that sell our product
that aren’t represented – beyond traditional book retailers who don’t
report to BookScan (Say, Baker & Taylor, or the rest of the indie bookstores), and mass market retailers like Wal-Mart,
this is probably missing a big chunk of library sales, university
sales, airport sales, etc. This
Publisher’s Weekly article [from 2003] (you’ll have to subscribe
to read it, sorry) says the following:
BookScan generally claims to represent between
70% and 75% of sales in the industry (Wal-Mart and some of the supermarket
chains are among those who decline to report.) But a comparison with
in-print figures supplied by publishers reveals that the numbers are
more likely to represent about 65%, even after deducting for unsold
books and returns.
For BookScan's top ten nonfiction
titles published last year - a list that include mass-market favorites
like Phil McGraw's diet books as well as indie
hits like Benjamin Franklin: An American Life - no title had
BookScan sales comprise more than 75% of
total sales. For some of the books that had strong special-sales,
they ran as low as 25%.
I really couldn’t
tell you how much, if any, things have changed in 2004, but I’ll assume
that things are about the same – these numbers are unreported by some
potentially significant degree, and don’t, in any way, represent all
“book stores” selling comic book material.
Further, there are
indications that books occasionally get miscategorized
– this ICv2
report says that the number one comic title for the first week
of 2005 was mistakenly listed in the “Children’s Book” section, rather
than with the graphic novels.
The scope of under-
or mis-reporting is unknown to me, but it
probably would dramatically change some specific rankings. So, be
certain to understand what this
2004 BookScan report actually is
– last-week-of-the-year sales only to that subset of non-DM stores
that report to BookScan.
I definitely think
you should not only look at the chart, as presented, but also save
it to your own computer and sort it out in various ways: especially
the year-to-date (YTD) column, and the “publisher” column (which is
often the distributor, not the publisher).
We’ll talk some
more about the DM and how it compares a bit further down in the column.
As always, I strongly
encourage you to look at the BookScan numbers
on your own and make your own conclusions – I’m trying to be balanced
and fair, but, of course, I have huge bookshelves worth of biases
I’m dragging around with me, and your analysis might be more
correct than my own.
*
* *
So, preamble out
of the way, let’s look at the most basic of information about the
bookstore market. In 2003, the last-week-of-the-year report has 5,495,584
books being sold for a total gross dollar sales
of $66,729,053. Again, it is very important to remember that this
is not an “end of the year” report per se – it is entirely
possible that there are books that sold, say, 10k copies over the
course of the year, but didn’t sell enough copies the last week of
the year to chart. There’s really no way to determine how much of
the book market isn’t being reported in this format, but it’s probably
safe to say that it is significant (I’d take a wild, stabbing guess
at between 20 and 50%)
In 2004, the BookScan
report totals out to 6,071,123 pieces sold for total gross dollar
sales of $67,783,487. That is a growth of 10.5% in pieces, but only
1.6% in dollars.
That’s a phenomenal
growth in pieces, really – some 600k more books being sold overall,
and the growth is almost solely due to manga. 1.6% growth in dollars
is also the manga effect – most manga is among the cheapest material
available as a book, driving the disconnect
between the two figures.
Another interesting
place to look at the relative health of comics in book stores is the
cut off threshold for appearing on the chart. The chart is ranked
by that week’s sales. That’s really key because the year’s data is limited to the 751 items actually
listed on the charts. In 2003, a book had to sell 68 copies during
the last week of the month in order to place on the chart. A book
that sold 67 copies that week, but had sold 25k the rest of the year
would not appear on the chart.
In 2004 a book had
to sell 98 copies, in the last week, to make it on to the chart. Looking
at it that way, that’s a 44% growth in the cut-off “threshold” from
2003. That’s pretty significant, I think, because it shows comics
material in general is selling stronger.
I’ve also arbitrarily
divvied the list into one of five categories: Humor, Manga, DC, Marvel, and the ever-wonderful Everything
Else. While such categorization is horrifically subjective (Is Asterix “humor”? Is The Simpsons? And that’s
why I’m not showing that part of my work, to avoid such debates),
I did it so to try and track the distinctions between “traditional”
bookstore material (e.g., humor books like Garfield, or Far
Side), and Direct Market-driven material (i.e., Marvel, DC, and
most of the “Everything Else” group) and Manga.
So, here’s the year-to-year
comparison between my categories:
For Humor, 2003 had 125 of the 751 spots, and
sold 1,246,141 units for a total retail of $16,095,800. The average
humor title on the list sold 9,969 units.
In 2004, the category
took 108 spots, for 829,279 units and $11,460,533. The average humor
title on the list sold 7,678 units.
Humor is the traditional
bookstore sales for the “comics” category, and, on paper at least,
it took a real beating. My guess, however, is that more than any of
our other groups, it’s not as bad as it looks,
we’re just getting fewer books passing the “threshold test” of 98-copies-sold-in-the-last-week.
Given that we can still show Calvin & Hobbes and Far
Side books selling 20k-30k this year, the “threshold test” seems
like the reasonable expectation – though, certainly, there’s some
significant weakening even looking at book vs. book (Far Side Gallery
v1, for example, sold 26,966 in 2003 versus 18,371 in 2004.)
Also of note, 2003’s
big winner (Darby Conley’s Get Fuzzy) seems to have disappeared
from BookScan. “Get Fuzzy Experience” sold
an astonishing 76,672 copies in 2003, making it, hands down the #1
book of 2003, while “Blueprint for Disaster” moved 68,772, and “I
Would Have Brought you a Cat” moved 29,635. In 2004, only the last
one appears, and only sold 8624 copies. That’s a pretty implausible
drop, and I frankly don’t know if this is explained by something prosaic
like switching publishers and the books being OP, rather than being
a decline in popularity. Still, just with those three titles, there’s
a net loss of 166,455 books sold for the humor category – approaching
half of the entire loss!
For Manga, 2003 had 447 spots, for 3,361,966
units and $34,368,409. The average manga title on the list sold 7,521
units.
In 2004, the category
took 518 spots, for 4,603,558 units and $45,069,684. The average manga
title on the list sold 8,887 units.
Manga is clearly
the category killer. So much so that, were I a publisher, I’d be screaming
that BookScan devised a way to separate
Manga out from the rest. Nearly 70% of the titles making the BookScan
list are Manga! Manga sold (at least, remember all of the
caveats) 1.3 million more books in 2004 than 2003.
Last year I opined
that my experience was that Manga sold more akin to a periodical than
a perennial – that is to say that sales were front loaded in the first
few weeks of release, then drastically dropped
off from there. This does not appear to be case when comparing BookScan
2003 to 2004. In fact, if I counted right, there are 123 Manga titles
(of 751 total) which appeared on both year’s lists. That means nearly
20% of the total manga titles appear to be perennials.
In many cases sales
are substantially lower (c.f. Chobits
v1 going from 38,951 to 24,956 or Love Hina
v1 going from 31,290 to 20,830) – but the drops are nothing like
I would have assumed from my own sales patterns. One possible explanation
is that the charts are still reflecting stores bringing Manga in for
the very first time, leading with the known commodities. It will likely
take until 2005 to see if this is, in fact, the case. Possibly
’06.
In the Manga category,
Tokyopop has 265 of the 518 slots, while
Viz has 174 slots, with the rear being taken
up by Dark Horse at 22 and Random House at 14. Diamond has 38 spots,
some of those ADV, some of those CPM, but
that’s more research than I want to make the time to break down. DC’s
CMX line has only 1 placer, but more on that in a bit.
Some interesting
things to consider – although Tokyopop has the bulk of sales, they’ve
actually got the lowest performance if you take simple averages. For
example, the 265 Tokyopop titles sum to 2,099,645 units sold, That is an average of 7923 per book. Viz
on the other hand has only 174 spots and 1,850,877 units sold, but
as an average, that’s 10,637 per book. Random House averages 12,488
per book, and Dark Horse hits 12,012. Less does appear, in fact, to
be more.
Now, drawing conclusions
through averages is probably bad math – I’m not doing anything to
weigh the number of months on sale, for example, and perhaps someone
who has statistician training wants to take a stab there – but it
is one more way to see where general trends are. Certainly one of
the biggest concerns for the category is a “glut” of product, and
with new manga TP releases probably being around 1000 volumes a year
right now, it does appear that a smaller, more focused line is the
wiser proposition.
It’s also probably
worth noting that despite last year’s monster success with “cine-manga”
(Lizzie McGuire v1 was actually Tokyopop’s
highest BookScan item in 2003 with 49,694
units sold), virtually none of it appears on the 2004 chart. There
are 2 volumes of Lizzie (v6 and v8) listed, but even those
sales look slightly blah at 7155 and 1737 respectively. No other “cine-manga”
(fumetti-style movie stills with comic balloons
on top) ranks at all. I’m going to assume that “cine-manga” is more
expensive to produce, as well, given the supposition of having to
pay someone to actually assemble the book (virtually all manga only
needs to be lettered when published here), as well as licensing fees
that would have to be paid. Last year’s Lizzie success seems
to be a fluke, unless there was some kind of categorization mix up
(Maybe they’re all under “children’s books” now?)
Wait, missed one.
Upon further examination I spot The Family Guy in with 1324
copies. Not very good either.
I truly don’t understand
why we’re seeing such drastically different results in the DM than
in the bookstores with manga. The other places on the list where BookScan shows great sales, I’m doing well with that work
– but not manga. I can barely give manga away. Sales are compressed
in the first weeks, then I never sell another
copy again. I’m stuck with a disproportionate amount of unsalable
stock, and more product is being released
than I could possibly rack, even if the sales were there. This perplexes
me.
For DC, 2003 had 74 spots, for 336,569 units
and $6,151,258. The average DC book on the list sold 4,548 units.
In 2004, the company
took 39 spots, for 179,440 units and $3,135,983. The average DC book
on the list sold 4,601 units.
There’s no easy way to put this: DC got its ass kicked in the book market.
DC has lost something close to 50% of its dollars on the Top-750. Now, of course, there may well
be things we’re not seeing because of the “threshold”, but even in
what we can see, DC isn’t doing very well. Even the most “civilian
friendly” titles like Sandman took a beating – Preludes
and Nocturnes sold 15,091 copies through BookScan
in 2003, but in 2004 that number drops to 8662. Perhaps even worse,
the SC of Endless Nights sold a mere 4921 in the book stores
from release, but the Direct Market had initial
orders in August alone of 6643. Yeowch!
On the other hand,
the average sales per title went up a small bit, go figure.
CMX, 2000AD, and
Humanoids are all putatively “book store imprints”, yet of all of
the 2004 releases, only one makes the chart – volume 1 of Land
of the Blindfolded with a, frankly, pathetic 1270 copies sold.
These non-existent showings for these
imprints is
nearly worse than embarrassing – it’s nearly criminal. One imagines
this is one of the reasons new Senior
Vice President Stephanie Fierman was
just brought in. The Direct Market bought
2602 copies of Land of the Blindfolded v1 – more than twice as many, and that number
reflects no reorders. Clearly, DC is doing poorly with new publishing
initiatives in front of the customers these initiatives were aimed
at, and that should be a very scary thing for them.
DC’s top seller
is, somewhat surprisingly, Kingdom Come at 12,103 copies. We
often talk about the insularity of super-hero comics, and Kingdom
Come is about as insular of a comic as there is – set in the future,
thick with in-crowd-only references – and yet it outsold everything
else, by at least 20%. In point of fact, it even outsold 404 of the
518 Manga titles on the list. That’s kind of shockingly good for a
book that I would never hand to a civilian as their first comic.
Another 11k+ copies
of Watchmen sold, another 10k+ of League of Extra-ordinary
Gentlemen, solid perennial performance, but down from 2003’s 14k+
for Watchmen and, *gulp* 38,714 for LEOG.
It seems clear to
me that Manga’s growth is at the expense
of rack presence for what we usually think of as traditionally Direct
Market comics.
For Marvel, 2003 had 73 spots, for 455,553 units
and $8,428,962. The average Marvel title on the list sold 6,240 units.
In 2004, the company
took 50 spots, for 227,985 units and $3,756,764. The average Marvel
title on the list sold 4,560 units.
What I said for
DC goes just the same for Marvel: this is an ass-beating – plus, their
line average plummeted as well. Half the units gone, more than half
the dollars, and, hello, there was a little film some people might
have heard about: Spider-Man 2? $373 million
in domestic gross, and the sum of all
Marvel comics appearing on BookScan are
just 1% of that? Or, to perhaps put it more concretely, Marvel had
its biggest amount of free advertising it has ever garnered in a year,
and year-to-year sales declined.
Ultimate Spider-Man v1 in 2003 sold 11,460 copies, while
in 2004 it did 10,149. No, that’s not a huge drop – but it is
downwards. Only one volume of J. Michael Straczynski’s
Amazing Spider-Man charts in 2004 – and that at a meager 1463
copies – but how can that be? JMS is a well known creator, and that
little movie was out. Where did that ball get dropped?
One possible answer
may be that Marvel switched their bookstore distribution from CDS
to Diamond beginning
on October 1st. The period of transition between distributors could be responsible
for some measure of lost sales. There’s really no way to know with the data at hand.
By a hair, Marvel’s
best-selling comic is Gaiman’s 1602,
at 10,183 copies – and it’s probably worth noting that’s higher than
any DC Gaiman book, though I don’t think
that will be a sustainable number for Marvel. Given the high performance
at DC of Kingdom Come, one might expect that Marvels
would be Marvel’s best seller, but it limps on the list with 2,564
copies sold. Same artist, twice as accessible, name of the company
in the very title, and it only sells a quarter of Kingdom Come.
Marvel might also want to look at their bookstore marketing.
There’s been a certain
amount of talk that the wretched Direct Market sales of the “Marvel
Age” periodicals are being “made up” by collection sales in the bookstores.
Doesn’t seem like it, however – volume 1 of Spider-Man did
respectably at 7613, but v3 is down to 1397, and Mary Jane
only comes in at 1309. The FF volumes aren’t to be seen, nor are titles
like Runaways or Emma Frost.
Other than that,
there’s the usual “books about comics sell better than the comics
themselves” – such a book, DK publishing’s Ultimate Spider-Man
sold better, at 13,134, than any title published by Marvel itself.
For Everything Else, 2003 had 32 spots, for 95,355 and
$1,684,624. The average works out to 2,980 units.
In 2004, Everything
Else was 36 spots, for 230,831 units and $4,360,522. The average works
out to 6,412 units.
You can put this
mostly on the backs of three books: Art Spiegelman’s
In the Shadow of No Towers, Marjane
Satrapi’s Persepolis, and the late Charles Schultz’s Complete
Peanuts v1. At sales of 43,333, 26,126, and 25,224 respectively, that’s 94,683 copies sold
between those three, or 41% of the total for the category. Astonishingly
good performance on each, and given my own very strong sales on them,
it seems likely that the DM didn’t do enough to sell at least the
first two books. (Peanuts came in at #97 on the Diamond
chart -- #28 for dollars) I’ve sold scores of both, but most of
my copies, at least, were bought from Cold Cut and Last Gasp, neither
of which issue annual sales reports. It is possible the DM did a better
job than the reports would show in selling those books, but “mainstream”
book publishers seem to be disinclined to work substantively with
the direct market, which is a crying shame.
No Towers was the #5 book of the BookScan chart in units, and Peanuts was #37, but if
you sort things out by dollars instead, they’re the #1 and #2 books,
bringing in nearly $1.6 million between the two of them.
Dark Horse has 15
books in here (and with 22 in Manga, that actually puts them on par
with DC – 37 to 39 in total charted titles), doing what looks to be
very mediocre business with the probably very expensive Star Wars
license. That theoretically should explode with Episode III
being released, but in ‘04 it doesn’t look like it is that great of
a deal. Hellboy does well with 16,355 of volume 1 sold, but
v2 comes in miles lower at 8,702. Someone finally figured out that
Joss Whedon did it, and Fray hits
with 4,254 copies this year (it only sold 682 copies in ’03!), and
Michael Chabon’s The Escapist comic
TP did 5,884 – considerably lower than I would have thought. Frank
Miller’s first volume of Sin City sold 2,655, but that will
be much higher in 2005 with the relaunch and reformat and the film.
Slave Labor has
three books on the list (Johnny, Squee, and Everything Can Be Beaten),
and, most impressive, the first two showed healthy sales gains year-to-year.
Up 55% (from 5063 to 7864) on Johnny, and 54% on Squee
(from 3844 to 5924) – only a tiny number of titles showed growth,
and SLG should be proud they’re in that club. I’m also pretty shocked
by the 1979 copies of Everything Can Be Beaten, given Jhonen
Vasquez’ name doesn’t appear on the cover, and that it’s in a tiny
easy-to-steal format. It’s also a little surprising to see it on the
list considering it is saddle-stitched (that is: stapled), and doesn’t
have a standard book binding. It is the only “comic” on the list.
Fantagraphics has
4 books on the list. We’ve already discussed Peanuts, and there’s
also Ghost World (4676), Jimmy Corrigan (4929), and
Locas (only 889 copies here – however,
I, as a single comic book store, sold better than 1% of that national
number all by my lonesome). Jimmy is up a smidge from last
year (4576 in 2003), which is a good sign, while Ghost World
is down considerably (from 5899)
Jeff Smith’s Bone
shows 4225 of the One Edition, which I would have thought would
have been higher – the 2005 numbers on Scholastic’s version are going
to be fascinating, I think – again, as a single comic shop, I’ve sold
nearly 1.5% of that number on my own, and Diamond’s numbers show it
as the #24 book of the year, #2 in dollars for the Direct Market.
I believe that Cartoon had shipped it to the DM in priority over the
bookstores, and, if that’s true, good for them it seems to have paid
off.
Two last surprises
for me in the “everything else” patch – a) 4120 copies of The Crow
sold. Why is that a surprise? Because I haven’t been able to buy copies
from any DM distributor in what feels like 6 months. Surprise b) is
that only one Image title shows on the list – Walking Dead v2,
and that at 402 copies sold in the 3 or so weeks of its release. That
initialed more than three times higher in the DM with 1449 copies
in December.
Overall, very little
that’s not Manga, Humor, or from the “Big Two” shows on the BookScan chart, again leading me to the conclusion that, for
the most part, the Direct Market is the name of the game for the bulk
of “art comics”… or even “non traditional” sales. That’s not to say
that a much much better job can’t be done in the DM, because it can –
but specialists appear to do a better job selling specialist material
than the generalist book store market does.
I really wonder
if Persepolis or In the Shadow of No Towers
had been “properly” marketed via Diamond, or if they’d been listed
with the comics, instead of back in the “books” section of Previews,
if the DM might not have done much better with them. By and large
it looks like the mainstream book publishers don’t give a flying fuck
about the DM, writing us off without trying to see where our ceiling
might be. I don’t know if this is a problem with the publishers or
with Diamond, but I’d be curious to see results of a dedicated marketing
push into the specialist’s channel. I know that Comix
Experience did great with both of those titles, and I imagine
at least some portion of that success could be leveraged into other
stores.
A few other general
notes on the BookScan numbers: As far as
I can remember, there were four Comic Book movies in 2004: Punisher,
Spider-Man 2, Catwoman, and Hellboy.
It’s hard to say if the presence of the films did anything significant
whatsoever to shift any comics. Looking at Spider-Man 2, sales
went down on Spider-Man comics, although, as noted above, this
could be a function of distribution, rather than failure. Hellboy certainly seemed to get a bump from the film,
and I’m going to be curious to see if it becomes a long-term perennial
in the book channel.
Punisher and Catwoman appear to have
done nothing for comics sales – there’s no
Catwoman collections whatsoever in the year-end, and Punisher charts
three times with Essential Punisher at 4346, and Max
v1 at 1463 and v2 at 379. That’s not substantial better totals than
2003 which had 3 volumes of the previous Punisher comics
series chart at 2472, 1403 and 204 copies. It looks to me that a comics
movie, barring exceptional quality on either the film or comics end
is really only good for a few thousand extra copies sold. Maybe.
What would help
would be if I had data for whatever chart “movie tie ins” landed on
– the novelizations, the “Making Of…” books – then would
could at least see the relative weight of comics to a similar
product. But I don’t have those charts, so blah.
Another observation:
People who want Manga seem to only want real Manga – taking American
comics and putting them in Manga format does not seem to adding sales.
There are 5 manga-format American comics on the list, if I’m remembering
everything right: the four Spider-Man related “Marvel Age” books and
Michael Chabon’s Escapist v1. All
of which, I think, would have appeared on the charts anyway, if they’d
been in a more traditional format. Can’t prove it,
however.
I do know that manga
formatting hurts sales in at least my corner of the Direct Market.
For example, I’ve yet to sell a single copy of any of the reformatted
Elfquest books since they were released – despite having 2-3
people a month coming and asking for Elfquest.
They simply don’t like the format. We’ve also seen underwhelming results
of things ranging from My Faith in Frankie to Emma Frost
and it’s my strong belief that “non standard” formatting isn’t a trick
the public seems interested in falling for. It doesn’t track on BookScan
either.
And I’m surprised
that none of DC’s Cartoon Network books showed on the chart at all,
given they had at least token placement last year, and should be among
the most “civilian-friendly” material they publish.
What else did I
have to talk about? Oh, yeah: Some of you with longer memories may
remember that Tokyopop began
a television advertising campaign in May of 2004. I don’t know
if the program ran its full course (the ads were to run from May to
September), but it definitely ran at least one
spot featuring Sgt. Frog Volume 3, Psychic Academy
Volume 3, and Saiyuki Volume 3.
The problem, for
me, is figuring out the right way in which too judge whether the television
advertising did any specific good. While 5 volumes each of Sgt.
Frog and Psychic Academy, and 6 volumes of Saiyuki
charted, they also appear to be all 2004 releases except for v1 of
Saiyuki which came out in May of
2003. Basically, we don’t have any reference point against which judge.
Still, the fact that every volume of each title charted might possibly
be an indication that the commercial worked.
The only thing I
could think to see was if they averages would change without those
specific titles – as I said before, Tokyopop’s
average book appearing on the chart sold 7923 copies by simple non-weighted
division. When you remove Sgt. Frog, Psychic Academy and Saiyuki from Tokyopop,
the average sale changes to… drat! 7907. These are apparently “average”
selling books. Which would seem to be an indication
that the commercial didn’t work.
Looking at the general
series numbers, it also doesn’t seem to appear that those three titles
had a substantially different sales pattern in volume 3 (the “advertised
volume”) when looking at other Tokyopop series. Obviously, I’m looking
at the wrong spread of numbers to come to any real conclusion
about the success or failure of the advertising. There’s also intangibles
like the general growth curve of manga, and the specific aesthetic
value of these individual works so the best I can say about the value
of television advertising to sales is “Reply Hazy, ask again.” Maybe
Matt Brady or ICv2 can do a follow up interview
with Tokyopop for some more specific detail.
*
* *
So, how does the
DM compare to any of this? Well, that’s the million dollar question,
and mostly the answer is the usual “dunno,
we’re comparing apples to oranges”. Again, DM sales reports are focused
on sell-in, while BookScan reports sell-through.
DM sales reports only include Diamond, which, while largely accurate
for Marvel, DC, Dark Horse and Image, potentially are just a fraction
of sales for publishers like Fantagraphics or Drawn & Quarterly.
Further, Diamond’s reports don’t actually list sales figures,
it lists an “order index” where sales are compared to that month’s
issue of Batman (the periodical). ICv2 appears very confident
that its numbers are accurate, but virtually every publisher tells
me they’re off by a significant factor.
To confuse things
more, Diamond doesn’t even provide “order index” figures for their
year-end reports. Just a straight list with no numbers attached. Diamond’s
year-end reports are available on Newsarama. Follow these links for
2003 and 2004.
Still, there’s a
certain amount of figuring it out that can be done. It is possible
to sum up ICv2’s
reports and draw conclusions from there. We have only one small
problem this year – Diamond used to only list the “Top 50” books each month, but, in February 2004, changed
that, thankfully, to “Top 100”. However, we still don’t have a full year’s
data to figure things from, and any comparisons to 2003 become
pretty suspect because we only have half of the figures, if that.
I had hoped expanding
the list would minimize the “The Watchmen effect” from here
forward -- Watchmen placed at #23 for 2003 DM sales, yet had
never appeared in any of 2003’s “Top 50” monthly lists -- however
it appears it has not. Watchmen placed #18 for 2004, yet it
only appears on 5 of the 12 month’s top list. 841 copies in February,
1067 in March, 946 in May, 1337 in August, and 1358 in December –
that’s 5549 copies we can track throughout the year. However, three
places down, at #21 for the year, is Ultimate Spider-Man v10,
and we can show 7862 copies of that in July and 853 in August, or
8715 that have reported numbers. Thus, Watchmen must have
sold more than 8716 copies in 2004 through Diamond, but we can only
track 64% or less of its sales! It’s likely, in fact,
that Watchmen sold closer to 2003’s 11k copies, but only a fraction
of the sales appear on the charts.
(This could also
mean that either ICv2’s tracking methods or Diamond’s reports are
incredibly suspect, though I think don’t think that’s it)
Diamond’s #1 TP
for the year is said to be Batman: Hush v1, released in July.
It appears on each month’s lists, except for October, from there out,
for a sum of 18,332 copies. With no October reporting, that number
is certainly low, and I’ll guess its closer to 20k copies sold.
A few other year-end
facts about Diamond – and to be clear, this data doesn’t include “Diamond
Book Distributors”, their bookstore arm -- which I got from VP of
Operations Cindy Fournier: the number of stores turning in an order
form was flat this year. In 2003 I asked Cindy to pull the purely
arbitrary month of September as our comparison, and 3300 had put in
a form that month. In 2004 that number was slightly lower at 3275.
This year she also compared year-to-year rather than month-to-month,
and the year’s numbers were 3301 stores in 2003,
and 3310 stores in 2004. That’s only a positive increase of 9 new
DM accounts.
(Though, of course,
this isn’t an exact science either – chain store [two or more stores
with common ownership] ordering can change these things if a chain
changes from consolidated ordering to individual store ordering, and
vice versa. There doesn’t seem to be any easy method to figure out
the number of successful new stores)
Encouraging new
Direct Market stores would seem to be a clear priority in 2005 and
beyond.
I also asked Cindy,
like last year, to pull the number of stores ordering backlist items
from the Diamond STAR system (as opposed to ordering their backlist
through their monthly orders) – again, comparing September to September,
2003 had 1800 accounts ordering backlist, while 2004 had 2275. That’s
a remarkable increase – up more than a quarter! – and
I think that shows that stores are starting to do a much better job
handling backlist.
I generally use
“carrying backlist” as my working definition of whether or not a store
is “real” – that is, not just a dabbler, or a card store that carries
a few “hot” comics, or a game store that only carries Knights of
the Dinner Table or something. And so, I think this “STAR penetration
figure” is a really damn good sign for the DM in the future.
Also of note, since
Diamond’s publicly-presented charts don’t include this kind of information,
Cindy reports that in looking at 2003 vs. 2004, Diamond’s comic book
periodical sales are up 4% in dollars and 0.5% in pieces, but more
positively, TP/GN sales are up 11% in dollars and a whopping 22% in
pieces.
Compare that to
the BookScan numbers (1.6% in dollars and
10.5% in pieces), and even with the differences in reporting methodologies,
I think it’s clear that there’s still lots of life (and growth!) left
in the DM, and that the bookstore market is still not the panacea
some think it is.
**************************
Brian Hibbs has owned and operated Comix Experience
in San Francisco since 1989. Feel free to e-mail him with any comments. You
can purchase a collection of the first one hundred Tilting at Windmills (originally
serialized in Comics Retailer magazine) from IDW
Publishing. An index of Tilting at Windmills on Newsarama
can be found right here.

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