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News: Netflix + eBay = Bookins

August 18th, 2005 by Laurie Barak

Source: PRNewswire

How much will you pay for your next great read? Perhaps nothing but shipping, if you use Bookins.com, the revolutionary new person-to-person book trading website. Membership is free, and there are no late fees or due dates. Like Netflix (the famous DVD-by mail website), everything is automated, and prepaid postage is provided. But instead of getting DVDs from a warehouse, members get books of equal value from each other (free to send books, $3.99 shipping to receive them).

Internet pioneer eBay set the standard for person-to-person trading in the mid-nineties. Bookins takes it to the next level of convenience. Bookins’ patent-pending technology arranges for hassle-free, fair trades—with no bidding, negotiating, or need for communication between the parties. With an unconditional 100% quality guarantee, members trade with confidence knowing Bookins backs every exchange.

Members simply make a list of books they own, and pick books they want. Bookins automatically sets the value for each book based on market factors including retail price, date published, awards won, and popularity. Matching and alerting technologies prompt members to mail their books. Postage-paid U.S. mailing labels, with delivery confirmation, print directly from the website. Shipments are tracked by Bookins, and like Netflix, members receive email notification when books are shipped and delivered.

By automating and simplifying person-to-person exchanges, Bookins opens up the world of book trading to all web users, especially the 57.8 million people estimated to have purchased books online in 2004.

Mitchell S. Silverman, Bookins President and CEO said “Most booklovers are hard-pressed to sell their books for pennies on the dollar; it’s simply not worth the time or effort. With a vast selection of books available for trade in hardcover and paperback, we promise members great reads, ultimate convenience, and peace of mind knowing their used-books will have new readers.”


Link to the complete article here.

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