Morioka Shoten
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Morioka Shoten
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Re: Morioka Shoten
#2The economics of this fascinate me. There is absolutely no way selling paper copies of a single book (even/especially if it changes daily: what happens to unsold stock?) can cover the costs of ground floor retail store rental in the Ginza plus apparently engaging boutique branding agencies to do in depth explorations of a logo complete with a custom typeface.
For reference, a standard bunko paperback in Japan costs on the order of ¥600 (US$4), maybe 2-3x that if you splash out on the hardcover.
Re: Morioka Shoten
#3The economics of this fascinate me. There is absolutely no way selling paper copies of a single book (even/especially if it changes daily: what happens to unsold stock?) can cover the costs of ground floor retail store rental in the Ginza plus apparently engaging boutique branding agencies to do in depth explorations of a logo complete with a custom typeface. For reference, a standard bunko paperback in Japan costs o…
I would imagine there is a marketing budget covering the losses. Also, maybe the retail store owner is making them a favor regarding the rent, as the space can be cleared out quickly if they find a new tenant able to pay the full cost. And maybe the owner is a book lover.
Re: Morioka Shoten
#4Its reminding me very much of NYC's Chelsea district. Probably inspired by that fine arts culture, which is a little odd for Tokyo, as I've always found it have more subtle aesthetic sensibilities than New York.
Re: Morioka Shoten
#5Another interesting building nearby, with very small art galleries and independent shopowners, and a manually-operated elevator from some hundred years ago:
https://www.nippon.com/en/guide-to-japan/gu900067/ginza’s-ok...
https://www.dennisherman.com/blog/2024/2/26/okuno-a-ghost-of...
Okuno Building
Re: Morioka Shoten
#6Its reminding me very much of NYC's Chelsea district. Probably inspired by that fine arts culture, which is a little odd for Tokyo, as I've always found it have more subtle aesthetic sensibilities than New York.
This kind of stuff is all over Japan. "Stores" with almost nothing in them and me wondering who pays for them. Not that I mind. They are interesting.
Re: Morioka Shoten
#7The economics of this fascinate me. There is absolutely no way selling paper copies of a single book (even/especially if it changes daily: what happens to unsold stock?) can cover the costs of ground floor retail store rental in the Ginza plus apparently engaging boutique branding agencies to do in depth explorations of a logo complete with a custom typeface. For reference, a standard bunko paperback in Japan costs o…
This strikes me more as an art project than a commercial endeavour. It can obviously be both. I've worked with a friend on a similar boutique concept, and one of the driving factors in its possible success is scarcity economics, or the deliberate limiticy of products that drives intrigue, percieved value, and experience. These are all things that brand designers work tirelessly on (either to embody or avoid, branding is a very bizarre world in which many approaches work in many markets). I would wager a good bit that this probably lost money in isolation, but it being part of the design firms portfolio, it probably adds more value than it cost in credibility and brand identity/authenticity for themselves.
Re: Morioka Shoten
#8The economics of this fascinate me. There is absolutely no way selling paper copies of a single book (even/especially if it changes daily: what happens to unsold stock?) can cover the costs of ground floor retail store rental in the Ginza plus apparently engaging boutique branding agencies to do in depth explorations of a logo complete with a custom typeface. For reference, a standard bunko paperback in Japan costs o…
Totally.
I'm familiar with the fascination (at least in Tokyo) with pop-up stores or new tiny places that sell just one niche thing (let's say "boutique popcorn", or a certain new type of doughnut) and are heavily marketed through SNS (social networks). But those places are quite ephemeral and are sustained by huge queues of people trying to buy "the new thing", and die in some weeks.
But with the Ginza location, even not being in the main street, no way they're covering the costs unless they're selling them for tens of thousands of yens each.
Also it's not like a new thing, they have Google reviews since at least 10 years ago. Unless they own the building or it's a marketing thing, I don't understand the business.
Re: Morioka Shoten
#9The economics of this fascinate me. There is absolutely no way selling paper copies of a single book (even/especially if it changes daily: what happens to unsold stock?) can cover the costs of ground floor retail store rental in the Ginza plus apparently engaging boutique branding agencies to do in depth explorations of a logo complete with a custom typeface. For reference, a standard bunko paperback in Japan costs o…
The economics of bookstores in Japan favours the shop owner much more than other places. Books are sold on consignment, you order books and pay the wholesaler once sold. Book doesn't sell, not your problem, return it to wholesaler. Publishers are also allowed to fix pricing on a new book. So you could make money but not a lot as the store owner pays freight.
2006 presentation from member of Japanese Book Publishers Association (English language) https://www.jbpa.or.jp/en/pdf/bookmarket.pdf or more recent from 2022 https://www.jbpa.or.jp/en/pdf/presentaionatTIBE2022.pdf, Both linked from https://www.jbpa.or.jp/en/index.html
Re: Morioka Shoten
#10The economics of this fascinate me. There is absolutely no way selling paper copies of a single book (even/especially if it changes daily: what happens to unsold stock?) can cover the costs of ground floor retail store rental in the Ginza plus apparently engaging boutique branding agencies to do in depth explorations of a logo complete with a custom typeface. For reference, a standard bunko paperback in Japan costs o…
I would guess they are pricing them higher because the clientele are probably paying more.
What is the normal rent for a small room of that size in Ginza?