Book Profits Dot Com: How to establish a PROFITABLE online bookstore with little money and less risk

The future of e-commerce: bricks and mortar

Sierra, whose bookstore is in a changing neighborhood with many Hispanic residents, will host bilingual events.

Remember when Amazon only sold books? - Los Angeles Times

But nothing provides a stronger pull than the experience of browsing - getting lost in the stacks, making serendipitous finds, having chance conversations with interesting people. And with information so easy to find these days, used bookstores offer the thrill of the hunt. The store, which opened in , is set among shops and restaurants at Lake Anne Plaza. There's an old wooden card catalogue in the corner, with cards tracking store credits for customers.

The stacks are unintentionally whimsical: There's Philip Roth next to Terry Southern. She was looking for several titles - written in a notebook - in a series of historical fiction called "White Indian" by Donald Clayton Porter, a pseudonym for Noel B. Hamrick nosed around the historical fiction section. On a hunch, she checked in westerns.

She found book 3, "War Chief," in paperback. And if you don't support the little guys, they won't be around anymore. A buck thirty-eight won't make Burwell and her husband rich, but the economics are good enough for them to pay the bills and do what they love. Paperbacks, for instance, are bought at 10 percent of their original price, then sold for half the cover price. That's a percent markup and vastly better than profit margins for new books - or just about any product, for that matter.

Oren Teicher, chief executive of the American Booksellers Association, said "dozens" of independent bookstores around the country are featuring used books, and interest is growing. Jamie Fiocco, the owner of Flyleaf Books in Chapel Hill, North Carolina, said selling used books - they make up about 6 percent of inventory - gives readers a chance to try a new author for a lower investment. If they find an author they like, they are more likely to buy their next book in hardcover.

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Installing landlines in rural areas can become more attractive to the private sector if revenues from these landlines are not limited to local and long distance telephone charges, but also include cable TV and Internet charges. This development will ensure affordable access to information even by those in rural areas and will spare the government the trouble and cost of installing expensive landlines.

Amazon boldly goes where no internet bookseller has gone before: the real world

E-commerce does not refer merely to a firm putting up a Web site for the purpose of selling goods to buyers over the Internet. For e-commerce to be a competitive alternative to traditional commercial transactions and for a firm to maximize the benefits of e-commerce, a number of technical as well as enabling issues have to be considered.

A typical e-commerce transaction loop involves the following major players and corresponding requisites:. For e-commerce to grow, the above requisites and factors have to be in place. The least developed factor is an impediment to the increased uptake of e-commerce as a whole. For instance, a country with an excellent Internet infrastructure will not have high e-commerce figures if banks do not offer support and fulfillment services to e-commerce transactions.

In countries that have significant e-commerce figures, a positive feedback loop reinforces each of these factors.

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Half will pull the book from their listing. The dot-com bust is proof of this. It enables start-up and small- and medium-sized enterprises to reach the global market. On another book I paid extra for expedited shipping and it still wasn't mailed for a week and then went media mail. It is Google's number 1 source of revenue.

The Internet allows people from all over the world to get connected inexpensively and reliably. As a technical infrastructure, it is a global collection of networks, connected to share information using a common set of protocols. Also, as a vast network of people and information, the Internet is an enabler for e-commerce as it allows businesses to showcase and sell their products and services online and gives potential customers, prospects, and business partners access to information about these businesses and their products and services that would lead to purchase.

Before the Internet was utilized for commercial purposes, companies used private networks-such as the EDI or Electronic Data Interchange-to transact business with each other. That was the early form of e-commerce. However, installing and maintaining private networks was very expensive. With the Internet, e-commerce spread rapidly because of the lower costs involved and because the Internet is based on open standards.

In this context, corporate functions, decisions and processes involving e-commerce activities are more coherent and organized. The proliferation of intranets has caused a shift from a hierarchical command-and-control organization to an information-based organization.

E-Commerce and E-Business/Concepts and Definitions

This shift has implications for managerial responsibilities, communication and information flows, and workgroup structures. It enables start-up and small- and medium-sized enterprises to reach the global market. It does not have a single square foot of bricks and mortar retail floor space. To be fair, Amazon has yet to turn a profit, but this does not obviate the point that in many industries doing business through e-commerce is cheaper than conducting business in a traditional brick-and-mortar company.

However, this does not discount the point that without a good e-business strategy, e-commerce may in some cases discriminate against SMEs because it reveals proprietary pricing information. A sound e-business plan does not totally disregard old economy values. The dot-com bust is proof of this. Majority of these were e-commerce and content companies. The shutdown of these companies was followed by the folding up of Internet-content providers, infrastructure companies, Internet service providers, and other providers of dial-up and broadband Internet-access services.

From the perspective of the investment banks, the dot-com frenzy can be likened to a gamble where the big money players were the venture capitalists and those laying their bets on the table were the small investors. Internet entrepreneurs set the prices of their goods and services at very low levels to gain market share and attract venture capitalists to infuse funding. The crash began when investors started demanding hard earnings for sky-high valuations.

The Internet companies also spent too much on overhead before even gaining a market share. E-commerce applications in this area include easy-to-use ordering systems that allow customers to choose and order products according to their personal and unique specifications. The benefits of network production include: With network production, a company can assign tasks within its non-core competencies to factories all over the world that specialize in such tasks e. E-commerce allows for a faster and more open process, with customers having greater control.

E-commerce makes information on products and the market as a whole readily available and accessible, and increases price transparency, which enable customers to make more appropriate purchasing decisions. To manage the chain of networks linking customers, workers, suppliers, distributors, and even competitors, an integrated or extended supply chain management solution is needed. Supply chain management SCM is defined as the supervision of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

It involves the coordination and integration of these flows both within and among companies. The goal of any effective supply chain management system is timely provision of goods or services to the next link in the chain and ultimately, the reduction of inventory within each link. Some SCM applications are based on open data models that support the sharing of data both inside and outside the enterprise, called the extended enterprise, and includes key suppliers, manufacturers, and end customers of a specific company. Shared data resides in diverse database systems, or data warehouses, at several different sites and companies.

It also allows all parties in the supply chain to better manage current resources and plan for future needs. Google AdSense is a service offered by Google that allows website publishers to advertise on Google. It is Google's number 1 source of revenue. AdSense is used to advertise when users type in key words in Google's search engine. Ads are placed on the right hand side of the screen. The ads are text based and allow for links to the website on the advertisement as well.

The AdWords program determines the pricing for key words. AdWords is based on a Vickrey auction system. It is a sealed-bid auction, users submit bids not knowing what other users bid. The highest bidder wins but the second place person's bid is paid. There are pros and cons to this type of auction. The winners the vast majority of the time are the ones who bid the highest. However, if you happen to choose the wrong person, you are screwed.

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  3. Remember when Amazon only sold books?.
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You can e-mail the seller, but they will not respond. Then they will refuse to return your e-mail. And the phone number ? It's just an automated voice telling you that you're screwed and they don't care.

Roxy's Little Black Book of Tips and Tricks: No-Bullsh*t Guide to · Roxy's Little The Barefoot Investor Update: The Only Money Guide You'll Ever Need - . Win Big Risk Small: an entrepreneur's formula - Dorry Kordahi . DotCom Secrets . Your Successful Farm Business: Production, Profit, Pleasure - Joel Salatin. Amazon leads the way into the real world as online real estate and mortar extension – a bookstore in Seattle's University Village. stores that have been open at least two years are already profitable. Founded in , it survived the dotcom bust, and is on track this year for revenue of about $m.

So, everyone who rated them a "5" has just been lucky so far. I would have rated them a "5" six months ago, too. Now it is six months since my last purchase and I have no book, no refund, and can't get a response. You need to shop somewhere where the company will help protect your purchase. Sellers are trustworthy and honest. I have been buying and selling on their site for over five years and on a scale of 10 being the extremely satisfied , I'd give them a 9.

As some raters have stated, there are sellers on the site who are less than professional. If you are still a little unsure, email the seller before purchasing to get clarification on exactly what they have for sale if they don't get back to you that says something and you may not want to buy from them. Another thing to consider is that because not all the sellers are actual businesses it is probably not a good idea to buy big ticket items from them. For instance, I would not buy video game consoles on Half. Anything that you would want covered by a warranty or replaced if it is damaged it?

Buyer beware, however, Half. I never sold a thing on ebay before April of So where do all the comments and ratings dated before this time come from??? If this is possible, it isn't very apparent!! I've had very few problems, considering the number of items I've bought. Ordered many books, and only have 2 delays which were most likely caused by my local USPS.

Shop here at your own risk, it is worth a little extra money for a good experience. COM If the seller doesn't send you and item, you are screwed, and for a long time. I could not find an email or contact us address, and I couldn't even leave negative feedback since my seller had become an unregistered user after I paid dollars for the item. The seller told me that he had no intention of sending the item because of how half.

Had to wait a month to try to resolve issue. Finally found number , but still trying to get my money back.

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I have used them for over two years, and the website is well organized and easy to use. The problems described by others in these reviews are stemming from the individual sellers, not the website. I would recommend half. You sure talk a lot about the store.

What about the BOOK! I have book 2. If it is anything like that This book has game solutions to lots of old text games. It probably has a map for the locations in the game. It might have a "walk-thru" of each game. It might have a hint section. Book 2 is great since I have some infocom games. So I can only guess that book 1 is just as good. I am certain it is their policy to do that si that clients will give up in frustration. It doesn't surprise me since they are owned by EBAY and they are the worst. It's inconvenient for me, though, since I live in Japan but they only ship to the US, and even with a US shipping address, I still need a US billing address on my credit card.

So far, I've had no problems whatsoever. There were a few copies of books that I had ordered, which ended up being unavailable, but I received communications from the seller immediately, along with a prompt refund. I'm preparing to launch an eBay business venture, and so, I purchased an extensive "library" of educational resources, to prepare for this venture. I purchased 12 books from one of the larger sellers, and with shipping included Everyone has to start somewhere--and just because an individual is not a volume seller, does not mean that customer service to the buyer will suffer.

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A fan of Half. Go to any book store and see the outrageous prices. If you want great deals on half check out ballyhoobooks at shops. They are both run by eBay, and they are both poorly managed. So if you are an eBay member, you are automatically a half-com member, with the same user ID on both sites. The big difference between the two sites is how much control the seller has over the transaction. I sold on half. Talk about inventory control problems! Then a few months later they tell me that half. So I opened an eBay store, and transfered my inventory there.