‘Big Bad’ book sale triggers panic buying

HOT COPIES Too weak to resist the 50 to 90-percent discounts, booklovers add to their treasure trove of bestsellers
on Thursday as the Big Bad Wolf fair returns to the World Trade Center in Pasay City. —IRA PEDRASA

It was a scene straight out of a supermarket in desperate times, with shoppers engaged in “panic buying.”

 

But instead of groceries,  they were snapping up  books.

 

When the doors to the 2019 Big Bad Wolf Book Sale at World Trade Center in Pasay City opened at 10 a.m. on Thursday, the early birds appeared to be in a hurry as they pushed their carts.

 

Moments later, a number had their carts full to the brim. Some had two carts; one even had three.

 

Preview

 

To think the event was just a preview—ahead of the book sale’s formal opening day on Friday—exclusive to media and VIP pass holders who got first dibs on the books, all brand-new copies, offered at ridiculous discounts of 50 to 90 percent.

 

The rush to grab a particularly interesting title, or one you’ve been wanting to have, stirred mixed feelings of excitement and confusion. Just as you were about to put a book in your cart, you would see something better.

 

Lyston Pasiliao, a 24-year-old network engineer, was busy texting as he leaned on a cart groaning from his pile. Many of the books, he said, were for friends who had asked him to buy for them.

 

Jumping in jubilation

 

 

“It’s really my girlfriend who loves to read and go to book sales,” Pasiliao told the Inquirer, though he had bought a few for himself, too.

 

 

There were mothers buying with kids in tow, women friends chatting animatedly, one of whom jumped in jubilation over the experience of holding a book she unexpectedly found.

 

The men looked more relaxed, taking time to skim through pages of sample copies.

 

A steal is what a handful of the 2 million books, consisting of 20,000 titles and laid out on 157 tables, dangled.

 

These include Dan Brown’s “Origin,” selling for P350 (originally P1,395); Jojo Moyes’ “Paris For One and Other Stories,” P190 (from P763); Stephenie Meyer’s “The Chemist,” P230 (from P1,467); and Al Gore’s “Truth To Power,” P230 (from P1,529).

 

Crazy for fiction

 

Last year, the bestsellers were fiction, said Andrew Yap, managing director of BookXcess, a Malaysian bookshop selling titles at reasonable prices that transformed into the book sale he named after the mythical children’s tale character Big Bad Wolf (BBW).

 

Big Bad Wolf founder Andrew Yap is on a mission to help change the world through reading.

“People here are crazy for fiction,” Yap said. Fiction accounted for almost 50 percent of the BBW market in 2018, when the book fair debuted in Manila, Cebu and Davao.

 

Last year, almost 1.5 million books were sold in the Manila edition, about 700,000 in Cebu, and around that same number in Davao.

 

Yap gave P5 million in proceeds to BBW’s beneficiary, Gawad Kalinga (GK).

 

 ‘Remaindered’

 

BBW operates hands-on, with support from “partners” that include the Philippine logistics company Southdream and GK itself, according to Yap.

 

The books are categorized as “remaindered”—titles that were released six months or one year ago.

 

In an article by Marlet Salazar that appeared on  Feb. 18, 2018, in Inquirer Business, Yap explained: “Normally, a publisher would print 100,000 books and sell 70-80 percent. The publishers offer to us the remaining 20 percent at discounted rates, giving these books another chance.”

 

He said BBW was a direct seller of books, with “no layers, the books coming straight from the publishers,” which is why they are priced much lower than those in regular bookstores.

 

Yap, 42, runs BBW with his wife, BookXcess cofounder and executive director Jacqueline Ng.

 

Filipino filmmaker Treb Monteras with his picks at the Big Bad Wolf VIP preview

After bringing the bookshop to Indonesia, Sri Lanka and Thailand, the couple decided it was time to include the Philippines.

 

BBW has become a full-time passion. “This is our work, and our mission is to change the world through books,” Yap said.

 

He emphasized that BBW’s partnership with GK “is very important. We are on the same page.”

 

He pointed out that if GK’s mission was to help end poverty in the Philippines, “ours is to do our best so that someday no kid will be hungry in this world.

 

“And we know that we can make a huge difference through books. Because the more people read—especially among the middle class and the grassroots—more people will move up, flip the pyramid and help other people.”

 

Books’ comeback

 

Despite the prevalence of digital media in the last 10 to 15 years, Yap said, “books have made a comeback—stronger and evolved, because we now see on social media the observation that people should have less screen time.

 

“Everybody needs less screen time, and books are relaxing, you can unwind to it,” he said.

 

Asked to name his preferred reading fare, he said: “I love nonfiction and self-help books. Malcolm Gladwell is one of my favorite authors … He goes into the psychology of trends and he thinks deeper, a lot of critical thinking. He foresees the next 10, 20 years.”

 

Yap, who disclosed that he did not go to college after graduating from high school, added that having no kids allowed him to devote time to BBW. “Our ‘kids’ are the ones we help around the world.”

 

The Big Bad Wolf Book Sale runs 24 hours from Feb. 22 to March 4 at World Trade Center on Gil Puyat Avenue Extension, Pasay City. Admission is free.

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