00:05:41.420Reporting on this book about the bookstores, this was just staggering to me.
00:05:45.460I detail a lot of the plight of the booksellers in the book and how it's just not tenable for most of them to run or open a bookstore.
00:05:54.240And what I found is that bookstores, by and large, all lose money.
00:06:00.840Many of them are just benevolent people in society that have money and they're doing this as a pet project and they're losing millions of dollars a year on their independent bookstores.
00:06:10.900And largely, the only time a bookstore does make any money is if someone like you comes in and does an event or if they sell coffee or wine.
00:06:20.200They don't make money the other six days of the week selling books, which is just a tragedy to me because of Amazon.
00:06:26.300Yeah, well, and that does. I believe that. I believe that as a person who is constantly thinking about opening a bookstore. We're always looking for space in our neighborhood, but we are well aware that it would have to be a bookstore slash something. So a bookstore slash wine bar, a bookstore slash cheese shop, which would fulfill all of my dreams of becoming a cheesemonger.
00:06:49.880um because and my you know my friends who run bookstores tell me too they're like we sell
00:06:55.800dresses because we make all of our money on dresses and we sell books and make no money on
00:07:00.980them um so yes yes yes and yes because a hardcover book costs 28 they just do uh and they are sold
00:07:11.900online for about $18. And it's also hard to fault the consumer. People apologize to me all the time
00:07:21.720for buying on Amazon, but I'm like, I get it. If something is just, this is economics. If something
00:07:28.580is cheaper somewhere else, you're going to buy it there. And that sucks. That sucks for the entire0.99
00:07:34.200publishing ecosystem. It does. And that was like the canary in the coal mine for Amazon. They came0.97
00:07:38.180in to books, sort of wreaked havoc on publishing and on the bookstores. And it was just the canary
00:07:43.880in the coal mine. From there, they did predatory pricing in other areas. And it really decimated0.71
00:07:48.780main streets, malls, local retailers, big, big retailers, publicly traded ones. And then they
00:07:55.560started getting into other industries and sort of copying that playbook. Yeah, yeah, exactly,
00:08:00.860exactly. And so the other thing that I do want to say is that a lot of authors I know are very
00:08:07.260scared to say anything negative about Amazon because of the control that they have over our
00:08:12.220books. I mean, I have I have books coming out once a year now and I'm terrified. I'm terrified of
00:08:18.580of of saying, oh, my gosh, this is this is a bad thing because when this is how everyone's
00:08:24.600getting your books, it's how we're making our living. Yeah, I have to credit my publisher
00:08:29.960because this is the most critical investigation into Amazon business practices ever written.
00:08:35.520And not one of the publishing houses that I met with when we were doing the proposal blinked an eye at that.
00:08:42.140They understood it on a cellular level because they lived it.
00:08:45.740And they almost had like a pride in like taking on this giant that controls a lot of their destiny, right?
00:08:54.280And my publisher was sort of wondering if when we came out with the book, I came out, I think the book published a few weeks after your book, actually.
00:09:02.200if they would suppress us on the website or play any games like that.
00:09:07.500And I said, you know, they're kind of too smart for that
00:09:09.460because that would have been a whole news cycle in and of itself.
00:12:21.740And a lot of it is because of showrooming, you know, people going into the local bookstore, the local apparel store, finding something.
00:12:28.800Actually, there's a woman in the book called Kathy who had this amazing little boutique in Pennsylvania.
00:12:35.160And Kathy actually was the only time in the book that I cried reporting something out because she's just this bubbly, amazing, energetic woman.
00:12:41.220and she told me the story about how this was the place where everyone shopped in her little town
00:12:47.020and she employed 20 ladies as she called them and she'd come in and hug all her workers and stuff
00:12:52.020and starting in 2013 her sales revenues start declining declining she starts seeing people
00:12:57.860taking out their phones taking pictures leaving buying an amazon and then 2018 comes and she has
00:13:03.900mother of the bride dresses and she spends two hours with this mother of the bride trying on
00:13:08.580dresses, giving her champagne, finding the perfect dress for her. The woman just glows when she finds
00:13:13.640it. And then at the end of those two hours, after drinking a half a bottle of champagne, the woman
00:13:18.120says, this is so great. Let me just see how much it costs an Amazon. And by that time, you know,
00:13:25.120Kathy's barely holding on. You know, the revenues have declined to a point where she's not making
00:13:32.620money. And she calls everyone in after that holiday and says, I'm sorry, ladies, I have to
00:13:36.420let you go and it's just that scene is playing out main street after main street right right no i mean
00:13:43.140i i i see it constantly i see it in you know downtown philadelphia um where really a lot
00:13:51.480of the only stores that we have left are no longer those boutiques but um the internet first brands
00:13:58.480where this is just a showroom this is just a showroom for someone to come like it's glossier
00:14:03.060it's lululemon um which i mean i guess is still kind of a chain but um love sack that portable
00:14:11.100couch company all of these just so people can see them and then order online exactly and that's i
00:14:17.740mean the bc-backed companies that have money that could maybe outrun amazon for a certain amount of0.98
00:14:21.720time but it's really hard for the kathies of the world to stand up a business and make it viable0.99
00:14:26.900And, you know, people, and I understand the temptation to want to showroom and, you know, it's convenient to shop online, especially if you have a prime, 200 million people have a prime membership and they want to get their money's worth out of it, right?0.99
00:14:39.000So that's part of what's at play here.
00:14:47.000I will say I do feel cornered in a way now at this point, because as much as I would like to go to a shop down the street and buy something, they're no longer open.
00:15:03.100And you're busy. You have three kids, right?
00:15:43.080A lot of it for the business practices, but a lot of it because I think a lot of shoppers don't realize that it's an unbedded marketplace and they sell things like carbon monoxide detectors that don't work.
00:17:23.320I've never seen a culture like Amazon's.
00:17:25.600It's the most toxic, where people, in order to keep their jobs and get to their stock units, are doing things that are just wrong, that are illegal, that are unsafe.
00:17:43.800So in some cases, they're letting things through that they wouldn't themselves buy.
00:17:48.940I have stories in the book where Amazon is selling toddler hoodies with strings around the neck, which are banned from being sold in the U.S. because they could strangle children.
00:18:05.940Can you imagine having that in your home and, God forbid, having an incident?
00:18:10.060Selling electric scooters that their batteries are blowing up and burning people's homes down.
00:18:14.520And what's fascinating to me is that they put selection and profits over safety, and whenever those people have taken Amazon to court, they hide behind a very convenient shield, which is, oh, we're just the marketplace.
00:18:30.140We facilitate the sale, but we didn't sell it, so that's not our liability.0.59
00:18:33.380Good luck tracking down the obscure Chinese seller who sold that to you and suing them.0.86
00:22:45.140Talk to me a little bit about the reporting process for this book.
00:22:48.560was it hard to get people to talk to you? It was in some ways. Amazon has really
00:22:54.340leveraged NDAs. Everyone, whoever comes across them, signs an NDA. They tried to make me sign
00:23:00.220one my first time I visited their campus, which was a no-go. So all their employees have it. And
00:23:04.720they are not shy about suing. So this is also a company that's very contentious. They punch back
00:23:12.720at narratives they don't like about them. And I knew that they would do that with my book.
00:23:16.040so I went overboard on reporting I spoke to 600 people for this book and I had hundreds of pages
00:23:21.720internal documents because I knew I had to be bulletproof average book you know narrative
00:23:26.160non-fiction book you speak to like 150 or 200 people but I really does so many people so that's
00:23:31.300why it's one of the reasons I started writing fiction um as much as I do once I had kids
00:23:35.360because I'm like oh I can just make this shit up in my head it sounds so freeing it is yeah so I
00:23:42.660you know, I really had to come armed with the receipts. And at first, some people are,0.96
00:23:47.560you know, gun shy about speaking. What I would do is rely on some of the, you know,
00:23:52.780the internal documents I had where I saw their emails. I could say, hey, you said this on this
00:23:56.480date. I want to know why. And that would kind of smoke them out a little bit. There's an element
00:24:02.180of that. And then, you know, I spoke to a lot of their competitors as well. And it was important
00:24:05.680for me to try to get as many people as I could to go on the record, because that to me is just
00:24:09.120indisputable. The American public has become a little bit wary of background sources or off the
00:24:15.720record sources. And so I did try to get as many on the record as I could. Yeah, which is so
00:24:22.800important. And I get it. I mean, as a journalist, I understand the wariness, but also we can't do
00:24:30.000our job without, you know, off record and background sources. We cannot do our jobs. And
00:24:36.700And I think it's just gotten harder and harder with the growing mistrust of journalism and the media in general.0.99
00:24:44.020But the irony of this to me is that we look at social media accounts that people completely trust who are just blowing things out their ass.0.99
00:24:54.400I mean, it's really sad as a journalist right now that just the level of media illiteracy where people don't understand the vetting that goes on at major news organizations before a story goes out.
00:25:05.960and how buttoned up they are, how legal gets involved, right?
00:25:08.640And I don't know, we're at a weird crossroads
00:25:12.000when it comes to how the public understands how media works.