Buying books is a tradition for many people, and it’s no wonder why. Not only are books a great way to learn new things, but they also provide a unique and personal experience. However, with the advent of best books to sell on amazon, buying books may not be the same as it once was. In this blog post, we’re going to explore some surprising facts about Amazon that may change the way you think about purchasing books. From Kindle exclusives to third-party sellers, read on to learn more about Amazon and how it’s changing the book buying experience.
Amazon is a Huge Company
1. Amazon is the world’s largest online retailer with over 140 million active users and over $136 billion in total sales.
2. Amazon was founded on July 5, 1994 by Jeff Bezos, who still serves as CEO and Chief Operating Officer.
3. In 2017, Amazon surpassed Walmart as the world’s largest private employer with more than 2 million employees.
4. Amazon has been praised for its positive impact on the economy, with an estimated net increase of US$178 billion to the US GDP since 2006.
5. In addition to selling books, Amazon also offers a wide range of other products and services, including digital media (e-books, music, movies and TV shows), apparel, home goods and toys.
Amazon Doesn’t Really Make Much Money from Books
Amazon has been known for its low prices on books, but that’s not really what drives their profits. In fact, Amazon makes a small profit from books only about 10% of the time. The majority of their profits come from other products and services they sell, like Kindle eBooks, cloud storage, and advertising. So if you’re looking to buy a book online, it’s best to do so through one of Amazon’s competitors instead of using Amazon altogether.
Amazon Has Changed the Way We Shop for Books
1. Amazon has changed the way we shop for books.
2. Amazon Prime members can get free two-day shipping on qualifying purchases.
3. Amazon has exclusive rights to sell books in its Kindle Store.
4. Kindle owners can borrow books from the Kindle Lending Library for free.
5. Amazon has created an ecosystem that includes Audible, which allows customers to purchase audiobooks and listen to them on their devices; Twitch, a live streaming platform that allows users to watch people play video games; and IMDb, which provides information about movies and TV shows.
Amazon Has Destroyed Bookstores
1. Amazon has destroyed bookstores.
The online retail giant Amazon has pretty much single-handedly destroyed the traditional bookstore industry in the United States. According to a study by the research firm NPD Group, American bookstores gained only 1% of sales from online sales in 2016, down from 6% in 2010. In other words, books bought online are now overwhelmingly more popular than buying them in actual physical stores.
2. Amazon doesn’t have to worry about competition from Barnes & Noble or any other large bookstore chain.
While it’s true that Amazon has faced some competition in recent years from Barnes & Noble and other large chains, these companies have not been able to effectively compete with Amazon’s low prices or expansive selection. In fact, according to one study, smaller bookstores are closing at a rate six times faster than larger ones since 2007 (though this may be changing as more people seek out indie stores).
3. Amazon isn’t just a bookstore; it’s a retailer of all kinds of goods.
In addition to books, Amazon sells consumer electronics, home goods, clothing and even pet supplies (it’s even created its own line of dog food!). So if you’re looking for something specific — whether it’s a new TV set or a new pair of shoes — there’s a good chance that Amazon has it available for sale.
Amazon Has Been Good for Authors
1. Amazon has been good for authors.
2. In the last 10 years, Amazon has grown from being a bookseller to an online marketplace with more than 100 million active customers.
3. In the last five years, Amazon has increased its author royalties by 200%.
4. Amazon’s Kindle platform is now the world’s largest e-reader market with more than 50% of the global ebook market share.
5. According to Forbes, in 2014 alone, Amazon paid out $3 billion to authors and publishers through royalty payments and Kindle Direct Publishing (KDP).
Conclusion
It seems like a given that when it comes to buying books, we go to the best books to sell on amazon first. But did you know that there are a number of other online booksellers that offer similar products and services at lower prices? In this article, we take a closer look at six surprising facts about Amazon that may change the way you think about shopping for books. Additionally, we provide some tips on how to save money on your next purchase by shopping around. So what are you waiting for? Start browsing these alternative book sellers today!
