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Industry Rants, or YOU’RE DOING IT WRONG

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John Lustig's picture
Submitted by John Lustig on

Chris, I think you've done an excellent analysis of the current market situation. (I'd be really interested to read your thoughts on marketing and packaging.)

Cheap comics (the monthly floppies) should indeed be used for promotional purposes--even if it occasionally means that the comics are used as loss leaders.

(Losing a little to make it back on the trade paper back and to build the brand makes sense to me. This particularly makes sense for Marvel and DC since they can make even more money on character merchandising.)

Cheap first issues particularly make sense.

As for the digital, a few thoughts:

I attended the ICV2 conference in NYC this year and the subject was  digital comics vs printed comics. Basically, most the publishers felt that digital comics were the wave of the future and it'd be foolish not to take advantage of them. But how best to do that?

I don't have my notes in front of me, so I'm not going to try and attribute remarks to specific publishers. And any figures I quote are relying on my hazy memory.

I do remember, though, that one publisher noted that when it allowed free downloads of an issue, sales of the next digital issue skyrocketed. (I think they doubled.) But the really interesting thing is that sales on the next print issue also increased--substantially.

So the idea that free or cheap digital comics might kill print comics, just ain't necessarily so. In fact, probably quite the reverse.

(I know for instance that sales of the Girl Genius graphic novels and merchandise increase substantially after the Foglios started offering Girl Genius for free on their site.)

However, the thing that impressed me the most during the conference was this: A Japanese publisher mentioned that he sold routinely sells one of his digital comics for about 20 cents a copy.

When stunned audience members asked how many copies he sells his reply was 20,000--a day!

Torsten Adair's picture
Submitted by Torsten Adair on

Periodical comics magazines (what most call a "comic book") became collectible because there was no other way to access the story.  There were almost no trade paperbacks before 1984, and definitely no downloading of images via 2400 baud modems.

Now, many people will wait for the trade, or find the comic online.  So why publish a comic book?  Aside from the promotional aspect, there isn't much necessity.  Many retailers are ordering titles to fulfill pull lists, and no copies for the racks.  Many retailers have discovered that they can make more money per square foot selling other merchandise compared to back issue bins.  Every unsold issue in a comics shop is inventory which costs the store money.  Most back issue sales have migrated to the internet, where warehouses make most of the money.

Sure, there will be collectors who will worship the object of a comic book, but won't read it.  (I know of at least one variant edition with the wrong insides, but no one online has mentioned it yet... because they don't need to read the issue, just look at the cover.)  But once everyone has their slabbed fetish object, where's the market for back issues, when almost every single issue has been collected?

As for reducing the cost of the periodicals...  have you priced the costs?  I keep hearing about cheaper newsprint, etc. but I've also heard that paper costs won't result in a large price reduction.  The major cost of production is salaries and royalties.  Even a de-evolution to the Shonen Jump model is unlikely... those weekly issues are subsidized by later trade collections.  I also don't think fans will be too happy reading black-and-white superhero comics.

I don't see the necessity of comic books.  Most of that market will be superseded by digital comics, just as CDs and DVDs are being replaced by digital downloads and streaming.  I say it will take about five years.  This is the second year of the tablet, with non-Apple versions hitting the market.  Once people start using tablets like they use smartphones, you'll see more print downloads.  

Comics shops can compete with Barnes & Noble, just as specialty bookstores like Powell's compete.  Each store must provide service and selection better than a chain bookstore.  Trades make it easier for readers to enjoy a complete story at an affordable price point.  Trades make it easier for retailers to offer a complete story to customers.  

What we will see within the next decade is Print-On-Demand options.  Fans will be able to select stories from digitized files, design a book, select a binding, and have a single copy printed, shipped within a week.  That "book" could even be a comicbook.

Future model: Publishers print digital comics on a periodical basis, just like most webcomics.  Message boards, downloads, app sales help predict the success of a mass-market trade collection.  POD reprints, priced higher, fulfill the niche market supply, as well as the desires of collectors.  Comic books become a promotional item, sold at conventions to promote a new title.  

wrathamon's picture

Torsten,

Not speaking for retailers as a whole, our store routinely sells more floppies than any other type of merchandise, be it trades, toys, cards, or whatever. There are very few days of the week where trades out performs single issues, and we stock trades very generously. Now a healthy amount of those single issue are subscription pre-orders, so a print-per-order model is certainly a viable option. However, I believe assuming that all floppy comic sales hinge on subscriptions and pushing harder into a primarily digital model is a mistake and essentially throwing the baby out with the bathwater. 

To actually say that you don't see the necessity for printed comics is, and I mean no offense to you, extremely short sighted. I can tell you right now with full confidence that if the industry moved into a digital format and abandoned the printed single issue format that a hefty amount of my customer base would abandon new publishing material and switch to collecting back issues.

I thoroughly believe that if you were to remove the availability of monthly single issues out of the business model that you would effectively neuter comic stores, because small brick and mortar businesses do have great difficulty competing against chain bookstores regardless of great service.

In regard to publishing costs, I have a whole different rant about publishers paying insane contracts for lazy talents. If establish talents want more money, then they can promote their creator own works and follow the pleas of Robert Kirkman. Otherwise, I feel it's ludicrous to pay all the creators that are routinely late and are essentially making publishing schedules a joke. And just because I would prefer a drop back to newsprint doesn't mean comics have to be black & white. I'm not entirely sure where you got that from my post, I really just meant dropping production costs. We just don't need the fancy expensive computer coloring is what I was getting to.

 

I see some great ideas and possible outcomes for the future in your Future Models note, but I also think there are other ideas and we can't abandon the print format to the extent it sounds like you want. I'm talking about finding a better balance between the three formats, that's really my main focus. And when parents bring their kids in to try new things, you can't tell me having a whole bunch of inexpensive floppy comics on hand for them to sample is a bad idea. I'm talking about planning for the future while maintaining the better traditions of the medium, and collecting comics as they come out is part of that tradition.

stahlkatz75's picture
Submitted by stahlkatz75 on

Chris, I think for the most part you hit the nail right on the head.

Comics WERE intended to be disposable, and printed on newsprint  were pretty much designed to self-destruct. However, printing the new comics on better paper, doesn't necessarily guarantee they'll be around forever. I'm talking about the "Mom Factor". How many times have you heard someone say " I used to have....except my mom threw them out"? I suspect Marvel paid MY mom $20.00 to do it. It's another part of the equation AGE+RARITY+CONDITION=COLLECTOR VALUE, that's as true for comics as it is for Antiques and other Collectibles. At least you don't have to worry about outright fakes or reproductions.(You told me about trimming, once, but that's easily detectable).

TPs/GNs are great because they can "fill in the blanks" if a person is missing  one or two copies of a series (I'm thinking of last month's distribution glitches). Or if a person finds a series they like too late to get all the issues. (You can't have your nose in PREVIEWS all the time!).

As to digital comics, well, I view them as I do all new technology,as interesting. And I'd be willing to buy them, as long as I can have ink-on-paper copies as backup. New technologies SOUND great, but who remembers BETA-MAX, or the ATARI LYNX? And gee, I just can't wait to see AVATAR on a 2"X4" cellphone screen. Not to mention that the power grid that all this electronic technology is dependent on is incredibly old and tired (Some of it still dates back to the '30s).

But, finally, we come down to the heart of the matter. Are Marvel and DC, going to be able to survive? If they continue to be Dinosaurs, no. And let's face it, that's what they are. I don't think they are like two kids fighting over lunch money, but two kids daring each other to jump through the same hoops over, and over, and over, again. Maybe get a newer, smaller hoop (harder to jump through). 

To answer the question you posed at the end of your post, I'd say it's a feasible model to explore, with digital comics taking the lead and single issue, and TPBs/GNs as backup. That's because it may not work out, the first time.Remember, the TITANIC was the "wave of the Future" at one time....

                                      -PATRICK-

Thomas Burns's picture
Submitted by Thomas Burns on

I agree with your assessment of the industry. Since the '90s, the industry has spent the majority of their time and money focusing on the quick buck and has, for the most, part been ignoring story. I attribute this to the Corporate heads of both DC and Marvel handing the reigns to a crop of "creaters" who gave us the "'90s". Folks like Joe Quesada, who has messed up both Spider-Man and the Hulk titles...I mean really...X-Men???

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