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Alibris celebrates increase in sales, continues to slight its sellers

January 27th, 2006

As press releases and niche articles praised Alibris‘ success in its venture with Coremetrics, sellers continued to complain about pitiful shipping reimbursements. Most cannot securely ship a 2lb without borrowing money from their book’s gross profit to pay for shipping. This is a travesty as most consumers assume that the ridiculously high shipping cost they pay $3.49 (at times around 200% of the actual cost) would certainly trickle down enough to the independent seller shipping their book safely.

From the field: Bookstores unaffected despite online vendors

January 27th, 2006

The UNLV newspaper recently published an article entitled, Bookstores unaffected despite online vendors, quoting the assistant manager of the campus bookstore on sales figures. According to the employee, the bookstore sales have remained stable from last year until this year.

This is good for online sellers, in one sense, because it gives the industry fodder against complaints about us come from these outlets (as you see in the article). However, it also shows, we haven’t come far enough. Until all campus bookstores really feel the amount of sales we are taking away from them, we have work to do. However, it also demonstrates a severe problem that I’ve mentioned time and time again: weak-poor marketing to college campuses. This is especially true in the cases of Alibris and Biblio.

Just who are you competing with?

January 23rd, 2006

Online booksellers have long looked to remainder and overstock dealers to expand their inventory. Seemingly, a great idea, these sources provide extensive inventories, low prices, and the ability to buy lower quantities (3-25, compared to 500-10000 as remainder dealers do). [I have a pretty extensive knowledge of this end of online sales given our fledgling operations at Wholesale Remainders.]

What is turning into an increasingly apparent problem, however, is the existence of remainder dealers selling their wholesale titles on retail sites, effectively hurting market value and increasing competition. On my site, we quickly learned how this “double dipping” doesn’t pay. While we sell on some listings services (inventory of around 500-1000 titles, depending on the site) still, we keep our wholesale books exclusively on our own site.

Unfortunately, for all remainder dealers, the fact is that it is purely within their rights to “double dip.” This is frustrating for many online booksellers, but not necessarily outraging - one can simply take their business elsewhere. The problem comes when the remainder dealers begin using aliases to sell the books online and do not inform their reps or inform them to deny such accounts. This is a rampant problem, I was not aware of for some time. In fact, I often proclaimed to sellers bringing me this problem, that these dealer do not do this - I was wrong.

We encourage remainder dealers to do the same and implore online booksellers to demand of them compliance with this fair business practice.

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