Barnes & Noble in a Word: ‘Books’, ‘Outdated’, ‘Expensive’

Consumer impressions of BNAmericans have a mixed view of Barnes & Noble, the brick-and-mortar bookseller that is aggressively transitioning into e-books. Many view it as a relic, while others appreciate the comfort of a traditional reseller. When asked what one word comes to mind when thinking about Barnes & Noble, a plurality simply said books (157 responses).

In a national survey by Researchscape, conducted September 8 to 30, 2012, with 1,030 U.S. adults, 44% of respondents used a positive term to describe Barnes & Noble, 35% used a negative term and 22% a neutral term.

Many respondents see the company being left behind: 45 used the word outdated, 28 old, 20 obsolete, 17 dying and 14 failing; other words mentioned by at least 5 respondents include dated, declining, struggling and fading. Some see the company as a relic: 8 call it old-fashioned, 7 antiquated and 4 dinosaur. Still, rumors of its demise are exaggerated; perhaps thinking of its former competitor Borders, 11 used the word dead, 9 bankrupt and 5 closed.

Barnes & Noble’s move to e-books has not made much of an impression: just 2 people mentioned e-book and only 8 mentioned the Nook, the Barnes & Noble e-reader.

Positive terms for the company relate to an aura of intelligence: 20 called Barnes & Noble smart, 15 educational, 15 intelligent, 8 intellectual, 8 informative, 8 knowledge, 5 knowledgeable and 5 literary. The physical space of the stores is seen as welcoming: 16 respondents used the word comfortable, 12 relaxing, 10 cozy, 6 calm, 6 friendly and 6 quiet.

Count Term Sentiment
157  Books    0 
45  Outdated  -1 
36  Expensive  -1 
28  Old  -1 
20  Obsolete  -1 
20  Smart    1 
17  Dying  -1 
17  Good    1 
16  Comfortable    1 
15  Educational    1 
15  Intelligent    1 
14  Failing  -1 
13  Boring  -1 
12  Relaxing    1 
12  Traditional    1 
11  Dead  -1 
10  Classy    1 
10  Cozy    1 
10  Nice    1 
Bankrupt  -1 
Fun    1 
Reading    0 
Reliable    1 
Selection    0 
Classic    1 
Informative    1 
Intellectual    1 
Knowledge    1 
Nerdy  -1 
Nook    0 
Old-fashioned  -1 
Antiquated  -1 
Declining  -1 
Overpriced  -1 
Trustworthy    1 

Source: Researchscape, sample size = 1,030

Women are more likely than men to use positive words to describe Barnes and Noble: 50% of females used a positive term, compared to only 38% of males.

All Male  Female
Positive  44%  38%  50% 
Neutral  22%  24%  19% 
Negative  35%  38%  31% 
N =   1030  567  463 

Source: Researchscape, sample size = 1,030

Surprisingly, there was no correlation between age and the degree of positive impression: young and old had similar views on the firm.

Out of 433 companies mentioned by respondents as the company they most admired, 1.2% of respondents chose Barnes & Noble, putting it in the Top 25. Unfortunately for Barnes & Noble, Amazon was #1, selected by 29.3% of respondents.

According to ACSI LLC, customer satisfaction with Barnes & Noble declined from 82 out of 100 in 2010 to 79 in 2011, dropping to the average for specialty retail stores, even as specialty stores in general have improved.

2007  2008  2009  2010  2011 
Specialty Retail Stores  75  76  77  78  79 
Barnes & Noble  83  83  84  82  79 

Source: ACSI LLC, Sample Size 250 per store; 3000 overall

References

ACSI. “Barnes & Noble”, 2011. Sample size 250 per company.

See also:

Company Profiles – Table of Contents