It is now just over 20 years since Amazon had its IPO, setting it off on the path to e-commerce dominance and well over $500b in market cap. In these 20 years, Amazon, and its peers expanded across categories, from books and electronics to fashion and even grocery. And in parallel, a ruthless focus on shaving off delivery times and cost ensued, helping reduce buying friction and making online buying …
Amazon
Building The Post-Amazon Bookstore
On starting a bookstore
Imagine that you have decided to set up a bookstore. It may be that that you are retiring and now you have some time and money to pursue your dream. Or you have won a lottery allowing you to quit your boring job and give in to that urge, that you have been nurturing since childhood. Either way, you are ready now to start looking …
Experiments in curation: a look at 3 new bookstores
Benedict Evans, tech blogger and VC with a16z, recently had an interesting series of tweets, polling his followers about their perception of various industry facts, such as android devices vs iOS devices, in an attempt to contrast the polled results with reality. One of the polls was about perceptions of Amazon’s share of the U.S. Consumer print book market.
…Perception: the correct answer is around a third, depending on definitions
Why Did Amazon Launch a Physical Bookstore?
Earlier this month, Amazon’s opening of a physical store created a fair bit of buzz online. Most observers found it puzzling. Why, after disrupting and demolishing the physical bookstore – as evidenced by the closing of Borders, and crippling of Barnes & Noble – would Amazon want to launch a physical bookstore themselves?
Now, Amazon is an extraordinary company, and its founder Jeff Bezos, is known for thinking really long-term …
Thoughts on Books, Online Book Discovery, and Bookstores
“The decline of physical bookshops…affects which books have a chance of breaking out : bestsellers flourish, but midlist books that might have been discovered while browsing a bookstore are worse off, because consumers cannot easily stumble upon them while shopping on the internet.” – The Future of the Book, The Economist Oct 11, ’14
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“Amazon is ideal for finding the book you know you want. But it is …