On a spring day in 1994, Jeff Bezos created Amazon in his home garage in Bellevue in Washington. Moreover, you can find everything from pins to pianos on Amazon. Therefore it is also known as an everything store. Thriftbooks is a retail disruptor looking to offer alternatives to folks who are sick and tired of Amazon. Thriftbooks has a unique model in which they are looking to offer alternatives to folks looking to buy good quality books at a low price.Does Amazon Own Thriftbooks? keep reading.
Thriftbooks are owned by LLC Capital Management Limited, not Amazon. However, Thriftbooks continue selling on Amazon, eBay, AbeBooks, and other book-related commerce sites. In addition, their brand home, ThriftBooks.com, is their crucial consumer web and mobile destination.
Introduction To ThriftBooks
ThriftBooks began in 2003 with a pick-up truck full of old books stowed in a storage container and a single Amazon.com listing. They are now the world’s largest independent online used book vendor, using cutting-edge technology and robust analytics in a secure environment. Every book in their collection is hand-graded, and they provide customers with books in a range of formats and conditions.
Their profit-sharing arrangement with libraries is a win-win situation for every party involved. They also help these powerful institutions by finding a new home for ex-library books and collaborating with Friends of Library groups and organizations that can provide financial support for their continued success.
Thriftbooks Supply Chain
ThriftBooks has perfected its distribution network and grown it to the point where it isn’t limited by the same constraints that limit inventory at most used-book stores. Instead, the company pays by the pound for books purchased in bulk from Goodwill, Salvation Army, and other resale stores. One hundred fifty trucks transport things to eight fulfillment centers across the united states to be sorted, loaded with whatever those stores have to discharge.
It would not have been an e-commerce giant without technology, and ThriftBooks’ algorithms determine which books can be sold using AI and machine learning. Humans also contribute by rating quality. As a result, every product is constantly valued and displayed throughout all sites it sells, like Amazon and eBay, once it is in ThriftBooks’ inventory.
Client Reviews For Thriftbooks On Amazon
According to the reviews based on Trustpilot.com, Thriftbooks gets an excellent review. Out of 986,416 reviews, 88% of the reviews are excellent. The most common review that people give is that the books are fairly priced on Thriftbooks and they often have the rare and vintage books that people want, which is often hard to find on Amazon.
Only 2% of the reviews are poor, and feature one star, and the most common complaint is that some of the books people might order are in a poor condition. Sometimes, the seller does not check the books and the people receive books without the CDs which were promised as well. The last complaint that people have is that shipping takes too long.
Life Outside Of Amazon
Rather than creating their own brand or maintaining their own site, many merchants who started via Amazon’s Marketplace are more concerned with boosting volume. Initially, the founders of ThriftBooks were fine with it. More than half of the company’s sales are made through its own website, making it the world’s biggest internet seller of used books. Customers are happy: the company has a client satisfaction score of 77.
Despite some great client reviews, and a solid customer satisfaction team getting out from beneath Amazon and the benefits it gives can be tough. Many of the seller’s consumers will return to Amazon to check prices and, in the end, purchase the secondhand book they desire from the e-commerce behemoth.
Life On Amazon
Being an online retail chain disruptor does not mean that Thriftbooks is not available on Amazon. Under the used books section, one can easily find books sold and purveyors through Thriftbooks. For the third year in a row, ThriftBooks Customer Service was named in the top three USA’s highest level of customer service online retailers in 2020, with Amazon and 50-year-old Powell’s Books. Their customer rating on Trustpilot is still “Excellent,” with over 730,000 reviews.
Conclusion
While Amazon does not own Thriftbooks, it can be noticed that they are still one of the largest and the best places to buy second-hand novels and books, making them a force to be reckoned with. Thriftbooks are proud of a large selection of high-quality, correctly graded used books that they offer tailored at everyday affordable costs. Their collaborations go out to communities all around the country.
Frequently Asked Questions
- When Was Amazon Found?
Jeff Bezos founded Amazon in 1994 to sell books online.
- When Was Thriftbooks Found?
Thriftbooks was founded in 2003 to combat the growing influence of Amazon as an online retail chain disruptor.
- Which Was The First Book Sold By Thfitbooks?
Charlotte’s Web by EB White was the first book sold by Thriftbooks.
