Barnes and Noble wants to change how they are currently selling books online by a massive effort to rebuild their website. They have been working at a feverish pace to insure the new design will make discovering and buying content easier than ever.
In the latest quarterly filings, B&N cut its overall net loss to $28.4 million in the first quarter of fiscal 2015, down from $87 million in the same quarter last year, with $50 million in cuts coming from downsizing the company’s Nook segment. Cuts alone won’t return profitability to the ailing e-reader and tablet brand, but selling digital content will.
Barnes and Noble is betting that the Samsung Galaxy Tab 4 Nook will lead to more digital consumption. They have really been hyping the additional $200 worth of free eBooks, magazines television shows and movies you receive from buying the tablet. You can think of it, as showcasing all of the different type of materials that can be purchased in the Nook ecosystem.
If you don’t have a dedicated Nook device, your options to purchase digital content from the largest bookstore chain the USA is questionable. You can have to rely on a slew of apps, with no single app acting as your all-in-one solution. Take Android for example, if you want videos, you have to download Nook Video, the main B&N app just works with eBooks, graphic novels and magazines. If you want kids books, there is a dedicated one for that too, but keep in mind, its US and UK only, whereas Amazon and Kobo are basically global.
Will a new website that focuses on search, discovery and a responsive design be received well in the online world? This type of undertaking consumes lots of money and resources, with no clear indication that it will lead to an influx of sales. There is no denying that the US is completely saturated with Apple, Amazon, Kobo, Netflix, Zinio and a host of others all offering specialized content. It remains to be seen that a new website will magically solve all of the forces that work against Nook.