Bookshop (company)

Bookshop is an online book marketplace founded in January 2020. Its stated mission is "to financially support local, independent bookstores."[1]

Bookshop
IndustryE-commerce
FounderAndy Hunter
Websitebookshop.org

Bookshop, a privately held company, has been certified as a B Corporation.

HistoryEdit

Bookshop was founded by publisher Andy Hunter, who had previously co-founded Literary Hub and Electric Literature. It is a collaboration between Hunter, the American Booksellers Association, and the book wholesaler Ingram.

On November 2, 2020 Bookshop opened a branch in the United Kingdom in partnership with wholesaler Gardners Books, which runs a similar profit sharing program with independent bookshops in that country.[2]

ModelEdit

Bookshop, operating on an affiliate marketing model, receives and fulfills orders for independent booksellers through its online storefront and returns a set portion of profits to the bookseller. Bookshop lets authors, publishers, and reviewers also sign up as affiliates.[3]

Bookshop, conceived as a response to Amazon's industry dominance, has set the goal of claiming 1% of the $3.1 billion in United States book sales handled by Amazon as of late 2019. Its strategy is to offer an online storefront with the accessibility and convenience of Amazon and, by convincing media outlets that review and advertise books to link to Bookshop instead, intercept potential Amazon customers.[3]

ControversyEdit

Independent booksellers and independent publishers have expressed concern that Bookshop is, rather than benefiting them, a new long-term competitor in the publishing ecosystem.[4]

It has been estimated that sales through Bookshop.org may be 13-20% less profitable than if customers bought directly from an independent bookstore.[5]

ReferencesEdit

  1. ^ "About BookShop". bookshop.org. Retrieved April 23, 2021.
  2. ^ Flood, Alison (November 2, 2020). "'This is revolutionary': new online bookshop unites indies to rival Amazon". The Guardian. ISSN 0261-3077.
  3. ^ a b Lyons, Gila (December 11, 2019). "An Indie Alternative to Amazon?". Poets & Writers. Retrieved March 29, 2020.
  4. ^ Alter, Alexandra (June 16, 2020). "Bookstores Are Struggling. Is a New E-Commerce Site the Answer?". The New York Times. ISSN 0362-4331. Retrieved April 23, 2021.
  5. ^ "Why Bookshop.org is not the saviour the book world needs". www.newstatesman.com. Retrieved April 23, 2021.

Further readingEdit

External linksEdit