Record Sales of New and Used Textbooks
Student quest for cheap textbooks leads to tremendous growth
EMERYVILLE, CA—August 30, 2005Alibris, the premiere
destination for used, new, and out-of-print books, announced today that
sales of textbooks drove August sales 70% higher than July. Those sales
represented a 40% increase compared to August, 2004.
Parents and students can find cheap textbooks at Alibris (www.alibris.com)
by searching by textbook title, author name, or ISBN. Used textbooks can
save students as much as 90% off of new textbook prices.
"We're excited by the dynamic growth in this market," says
Alibris CEO Martin Manley. "At Alibris, we are continually improving
the customer experience for textbook shoppers, whether they are looking
for books for a homeschool, public school, or private school classroom,
or for new or used textbooks for college."
Alibris offers students "safe savings" for new and used textbook
purchases and a 30-day money-back guarantee. To ensure the satisfaction
of shoppers looking for bargain books at Alibris, the company has adopted
a stringent protocol to screen independent sellers who misrepresent the
edition or condition of textbooks online.
"We believe part of what's fueling our growth is our growing reputation
as one of the safest places to shop for new and used textbooks online,"
adds Manley. "We'll continue to improve our technology and our service
to keep our customers returning again and again."
Alibris is the premiere online destination for new, used, rare, and out-of- print books. We connect people who love books, music, and movies to the best independent sellers from 45 countries around the world. Our proprietary technology and advanced logistics allow us to offer over 60 million used, new, and out-of-print books to consumers, libraries, and retailers, which include Barnes & Noble, Borders, Amazon.com, and Books-A-Million. Founded in 1998 and acquired by Oak Hill Capital Partners in 2006, Deloitte named Alibris a “Fast 50” and a “Technology Fast 500” growth business in 2005. Alibris is a registered trademark.
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