{"id":5804,"date":"2009-02-17T21:56:00","date_gmt":"2009-02-17T21:56:00","guid":{"rendered":""},"modified":"2020-07-28T03:07:46","modified_gmt":"2020-07-28T03:07:46","slug":"ghosts-of-januaries-past","status":"publish","type":"post","link":"https:\/\/comichron.com\/blog\/2009\/02\/17\/ghosts-of-januaries-past\/","title":{"rendered":"Ghosts of Januaries past (updated)"},"content":{"rendered":"<p>Still running more numbers on <a href=\"http:\/\/www.comichron.com\/monthlycomicssales\/2009\/2009-01.html\"><span style=\"font-weight: bold;\">January 2009<\/span><\/a> \u2014 my process takes a few extra steps \u2014 but it is looking like the <a href=\"http:\/\/blog.comichron.com\/2009\/02\/januuary-2009-sales-raw-big-winter.html\"><span style=\"font-weight: bold;\">predicted losses<\/span><\/a> will be reflected in the final data. Now is a good time, then, to take another look at Dead Quarters past, and what the typical January performances are.<\/p>\n<p>The <span style=\"font-weight: bold;\">dropoffs from December to January<\/span> I originally detailed <a href=\"http:\/\/blog.comichron.com\/2009\/01\/challenge-of-january-part-ii.html\"><span style=\"font-weight: bold;\">here<\/span><\/a> \u2014 but repeat now. Here&#8217;s the estimated<span style=\"font-weight: bold;\"> change within the Top 300 comics dollar sales <\/span>from December to January from 1997 to 2007-8:<\/p>\n<p>December 1996 to January 1997:   <span style=\"color: rgb(255 , 0 , 0);\">-15.3%<\/span><br \/>\nDecember 1997 to January 1998: <span style=\"color: rgb(255 , 0 , 0);\">  -27.7%<\/span><br \/>\nDecember 1998 to January 1999:   <span style=\"color: rgb(255 , 0 , 0);\">-15.2%<\/span><br \/>\nDecember 1999 to January 2000:    <span style=\"color: rgb(255 , 0 , 0);\">-18.5%<\/span><br \/>\nDecember 2000 to January 2001:   <span style=\"color: rgb(255 , 0 , 0);\">-8.9%<\/span><br \/>\nDecember 2001 to January 2002:   <span style=\"color: rgb(255 , 0 , 0);\">-3.6%<\/span><br \/>\nDecember 2002 to January 2003:   <span style=\"color: rgb(255 , 0 , 0);\">-4.8%<\/span><br \/>\nDecember 2003 to January 2004:   <span style=\"color: rgb(255 , 0 , 0);\">-19.9%<\/span><br \/>\nDecember 2004 to January 2005: <span style=\"color: rgb(255 , 0 , 0);\">  -26.7%<\/span><br \/>\nDecember 2005 to January 2006:   <span style=\"color: rgb(255 , 0 , 0);\">-17.0%<\/span><br \/>\nDecember 2006 to January 2007:  <span style=\"color: rgb(255 , 0 , 0);\">-4.8%<\/span><br \/>\nDecember 2007 to January 2008:    <span style=\"color: rgb(255 , 0 , 0);\">-7.0%<\/span><\/p>\n<p>Why the consistent dropoff, even in good years? Christmas shopping. Publishers cutting back offerings due to winter. Retailers cutting back hours for the same reason. Retailers closing shop so as not to owe taxes for another year. <span style=\"font-weight: bold;\">Civil War<\/span> plus trade paperbacks may helped <a href=\"http:\/\/www.comichron.com\/newcomicssales\/2007\/2007-01.html\"><span style=\"font-weight: bold;\">January 2007<\/span><\/a> just nudge ahead in total dollars, but this is close to an article of faith here: all things being equal, most titles lose sales from December to January.<\/p>\n<p>Now, for the addition, let&#8217;s look at historic January-to-January comparisons in <span style=\"font-weight: bold;\">Top 300 Units. <\/span>Each year is versus the year before:<\/p>\n<p>1998: <span style=\"color: rgb(255 , 0 , 0);\">-21.2%<\/span><br \/>\n1999: <span style=\"color: rgb(255 , 0 , 0);\">-12.3%<\/span><br \/>\n2000: <span style=\"color: rgb(255 , 0 , 0);\">-9.1%<\/span><br \/>\n2001: <span style=\"color: rgb(255 , 0 , 0);\">-6.3%<\/span><br \/>\n2002: +25.2%<br \/>\n2003:<span style=\"color: rgb(255 , 0 , 0);\"> -14.5%<\/span><br \/>\n2004: <span style=\"color: rgb(255 , 0 , 0);\">-8.0%<\/span><br \/>\n2005: <span style=\"color: rgb(255 , 0 , 0);\">-3.3%<\/span><br \/>\n2006: +11.8%<br \/>\n2007: +20.3%<br \/>\n2008: +0.9%<\/p>\n<p>And then in Top 300 Dollars:<\/p>\n<p>1998: <span style=\"color: rgb(255 , 0 , 0);\">-23.7%<\/span><br \/>\n1999: <span style=\"color: rgb(255 , 0 , 0);\">-5.6%<\/span><br \/>\n2000: <span style=\"color: rgb(255 , 0 , 0);\">-9.2%<\/span><br \/>\n2001: +0.8%<br \/>\n2002: +16.3%<br \/>\n2003: <span style=\"color: rgb(255 , 0 , 0);\">-7.2%<\/span><br \/>\n2004: <span style=\"color: rgb(255 , 0 , 0);\">-6.8%<\/span><br \/>\n2005: <span style=\"color: rgb(255 , 0 , 0);\">-4.2%<\/span><br \/>\n2006: +19.7%<br \/>\n2007: +25.7%<br \/>\n2008: +0.7%<\/p>\n<p>So we see that even in 2003-2005 \u2014 years that were growth years in the end \u2014 January new-comics sales slid in dollar terms. And seven of the last eleven years saw unit sales declines in January, despite several of those years ending with increases overall. <span style=\"font-style: italic; font-weight: bold;\">January is not destiny \u2014 all months in comics are not created equal. <\/span><span style=\"font-style: italic;\"><\/span>A strong August erases six weeks of winter!<\/p>\n<p>Not saying we&#8217;ve been spoiled, but we&#8217;ve had a couple of very warm winters here recently, at least in a financial sense. January 1994 saw nearly 10% of the retailer base close. Whatever the performance this year \u2014 and however different the current conditions may be for whatever reasons \u2014 in the context of historical comics sales patterns, it is these recent years that have been the exception.<\/p>\n<p><span style=\"font-style: italic; font-weight: bold;\">Update:<\/span> <span style=\"font-weight: bold;\">Milton Griepp<\/span> at <a href=\"http:\/\/www.icv2.com\/articles\/news\/14315.html\" style=\"font-weight: bold;\">ICV2<\/a> has January off 9% dollar-wise, which is close to my estimate-in-progress; that would put the month worse year-to-year than any drop in the 2000s, but better than the drops in the late 1990s. Units will come off much worse, in the double-digits as I expected. And <span style=\"font-style: italic; font-weight: bold;\">Spider-Man<\/span> will look to hit the mid-300s predicted earlier here.<\/p>\n<p>Unit drops look consistent with fewer accounts, with the lowering tide moving everything at once regardless of price point. Overall comics-and-backlist figure yet to come when my estimates post; we&#8217;ll make up ground there. More later&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Still running more numbers on January 2009 \u2014 my process takes a few extra steps \u2014 but it is looking like the predicted losses will be reflected in the final data. Now is a good time, then, to take another look at Dead Quarters past, and what the typical January performances are. The dropoffs from &#8230; <a title=\"Ghosts of Januaries past (updated)\" class=\"read-more\" href=\"https:\/\/comichron.com\/blog\/2009\/02\/17\/ghosts-of-januaries-past\/\" aria-label=\"Read more about Ghosts of Januaries past (updated)\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[78,17],"class_list":["post-5804","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-dead-quarter","tag-diamond-monthly-reports"],"_links":{"self":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/5804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/comments?post=5804"}],"version-history":[{"count":1,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/5804\/revisions"}],"predecessor-version":[{"id":5805,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/5804\/revisions\/5805"}],"wp:attachment":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/media?parent=5804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/categories?post=5804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/tags?post=5804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}