Amazon Source opens profit sharing for Independent Bookstores
Brick-and-mortar bookstores have long been waging a rather futile battle against their enemy of destruction, Amazon.
Who knew that terms of peace were on the horizon?
In a press release dated Wednesday, November 6, 2013, Amazon announced the war might be over. In its latest bid for more of the book market, Amazon will offer brick-and-mortar bookstores a chance to team up.
Amazon’s newest program called Amazon Source, allows independent bookstores to reap some of the Amazon book-buying profits when their customers purchase Kindle products and ebooks. Bookstores can now sell Kindle products in their stores and make profits in two ways. The first option includes a discount on purchasing Kindle devices from the manufacturer and a 10% commission on every book that the Kindle buyer purchases through Amazon for the next two years. This is easily the most viable option for bookstores to take. The other option is designed […]