Jan 18, 2019 -
2018 was a dire year for the network of independently-owned comic book stores that form the backbone of the distribution channel for periodical comics in the United States. Diamond Comic Distributors, the singular distributor for the comic store market, after initially estimating a modest growth in sales for the previous year, issued a correction that
overall comic and graphic novel sales fell by about 1% in dollars and
nearly 6% by volume compared to 2017, and graphic novel sales through comic stores - a growth segment for the trade book market - fell 8.2% (dollars)/9.7% units.
That means that local
comic shops are clinging to the shrinking market of print periodicals - that is, individual issues of comic books published monthly-ish by companies like DC Entertainment, Marvel Entertainment and Image -
while losing their share of the booming market for trade collections and graphic novels to other outlets like book stores and Amazon.
Lots of factors account for the decline, including the lack of many true blockbuster hits last year;
the self-defeating tactics of large publishers to extract maximum revenue out of a small and unrepresentative group of hardcore collectors; falling costs of digital back issues via subscription services and sales, making it less necessary for readers to follow every series in real time; and
general headwinds facing many small, urban-based businesses, such as rising rents and labor costs, which put a pinch on their ability to order extra copies. In the comic book direct market, orders from the distributor are usually non-returnable, which puts huge pressure on retailers to not over-order titles that might not be salable (prices for recent back issues of most comics are near zero), but not under-order on titles that might end up being sleeper hits. Even small miscalculations can be the difference between a good month and catastrophe.
According to the industry site ICv2 (disclosure: I am a contributor), "Comic stores are getting hammered from two directions. First, sales of the graphic novel categories that comic stores are best at are shrinking across channels.
Neither Marvel nor DC have been putting out comics that are capturing the public imagination for the past couple of years. Collecting them into graphic novels isn’t making the content any more appealing. As a result, sales of superhero graphic novels are plummeting."
Milton Griepp, ICv2 publisher and a longtime industry analyst, further adds that
comic stores, which draw most of their customers from adult superhero fans, are missing out on the biggest trend in comics over the last few years: graphic novels for kids, teens and young readers. ...