Thriftbooks

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Thriftbooks, LLC
Type of Company	Private
Founded	2003
Headquarters	Auburn, Washington
Key people	Daryl Butcher, Jason Meyer, founders.
Industry	Retail
Products	Used media. Books, DVD's, etc.
Slogan	Spend less. Read more.
Website	www.thriftbooks.com

1 History
2 Business Model
3 Products
4 Websites
5 External links

[edit] History

Thrift Books started when Daryl Butcher, a programmer, met Jason Meyer, an entrepreneur. Together they opened a warehouse in downtown Seattle and began selling books on Amazon.com.

Thriftbooks has emerged as one of the largest used book sellers in the country. Thriftbooks uses an automatic software pricing algorithm that helps them to have the best prices for used books on the internet.

Thriftbooks is now operating from a new warehouse in Auburn, WA with an inventory of around 1,000,000 books and typically adds an additional 20,000 books per day.

[edit] Business Model

Thriftbooks purchases books in volume from charitable organizations and brick-and-mortar thrift stores. It then enters these books into their database and shelves them in a warehouse. Thiftbooks sells these books through their own website, as well as through other websites such as Amazon.com. Though many books sell for as little as one penny, Thriftbooks claims to make money on shipping and handling.

[edit] Products

Thriftbooks sells used books, DVDs, CDs, VHS tapes, video games, and audio cassettes. Thriftbooks sells many items for as little as one penny, apparently making up the balance on shipping charges.