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Alexi Horowitz-Ghazi

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1006 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
BOOKstore Economics

Will the author be going on TV or showing up in any podcasts?

Planet Money
BOOKstore Economics

Could they potentially get on Fresh Air?

Planet Money
BOOKstore Economics

Terry Gross, for a long time, has been kind of the Moby Dick of book publicity.

Planet Money
BOOKstore Economics

Each entry also lists the physical dimensions of the book, which Fisher says can affect whether it'll physically fit onto the shelves in the store.

Planet Money
BOOKstore Economics

So another thing that matters?

Planet Money
BOOKstore Economics

The page count.

Planet Money
BOOKstore Economics

And you're wondering, like, how many people are going to sign up for a 1,200-page book?

Planet Money
BOOKstore Economics

The Carthage book is right in that sweet spot at 368 pages.

Planet Money
BOOKstore Economics

And another very important piece of information that Fisher will often look for in the metadata is the size of the publisher's first print run.

Planet Money
BOOKstore Economics

What does the print run tell you?

Planet Money
BOOKstore Economics

If a publisher prints a lot of copies for a book's first print run, say 100,000, that's an indicator they think it'll sell well and that Fisher might want to get in on the action.

Planet Money
BOOKstore Economics

The next piece of information in a book's catalog entry is whether booksellers like Fisher can return the book.

Planet Money
BOOKstore Economics

So it kind of hedges the risk that you might be taking by ordering this book.

Planet Money
BOOKstore Economics

Publishers themselves assume the risk for books that do not sell.

Planet Money
BOOKstore Economics

Because bookstores can return unsold inventory back to the publishers and essentially get their money back.

Planet Money
BOOKstore Economics

Which, if you think about it, is pretty wild.

Planet Money
BOOKstore Economics

Usually the retailers assume the risk.

Planet Money
BOOKstore Economics

Like, Vaughn's supermarket buys orange juice from Tropicana, but if they fail to sell those cartons to customers, it's on Vaughn's to figure out how to recoup their losses.

Planet Money
BOOKstore Economics

Publishing is different from basically every other industry out there.