ABEBOOKS PRESENTS SURVEY RESULTS "OLD MEETS NEW: ANTIQUARIANS
ARE E-COMMERCE TRENDSETTERS"
Abebooks, the world's largest online marketplace for secondhand,
rare and out-of-print books, presents a study on German booksellers
that shows old books are hot sellers online.
10th October, 2002
(Frankfurt, GERMANY) - Abebooks today announced at the Frankfurt
Bookfair the results of its second survey of German secondhand
and antiquarian booksellers.
The survey was given to over 600 German booksellers who list their
secondhand, rare and out-of-print books on Abebooks' German site.
The results reveal surprising information that shatters the stereotype
of booksellers as being old fashioned in their business approach.
In fact, sellers of rare and out-of-print books are a modern and
entrepreneurial group who have embraced the Internet to sell books.
Key findings of the study are:
- A greater percentage of used books are sold on the Internet
than new books: 13%-16% of all used books are sold online, compared
to 2.5% - 3% of all new books
- Booksellers who sell antiquarian books are entrepreneurial:
63% of booksellers in the survey opened their business within
the last five years
- Borders don't affect sales: every 10th book sold by German
booksellers is bought or sent to someone outside of Germany
(top destinations are Europe, United States, and Japan); two-thirds
of booksellers stated that this is a rising trend
- Online booksellers in Germany regularly send books to buyers
around the world, for example to the Japanese embassy in Nepal,
to the University of Greenland library, and to a German bank
employee working on the small Polynesian island republic of
- Selling books online leads to interesting delivery experiences:
a woman from New Zealand purchased a book online from a German
bookseller then picked it up in person while vacationing in
Germany two weeks later
Commenting on this, Hannes Blum, managing director of Abebooks
Europe states: "People think antiquarian booksellers deal
with dusty old books in bookshops. This study shows they are
a high-tech group using modern technology to succeed. In fact,
the antiquarian market is a stronger online market than the
new book market."
Abebooks is the world's largest online marketplace for secondhand,
rare, and out-of-print books. Abebooks connects those who buy
books with those who sell books, to provide abundant selection
at affordable prices.
Bookbuyers love the variety and selection of 40 million books,
offered by 10,000 booksellers who list on Abebooks. Readers find
bestsellers, collectors find antiquarian books, students find
textbooks, and treasure hunters find books they've been seeking
forever. Booksellers love Abebooks for providing the tools to
help them succeed online.
Abebooks is a global company with sites dedicated to bookbuyers
in North America (Abebooks.com), Germany (Abebooks.de), France
(Abebooks.fr), and the UK (Abebooks.co.uk). These domestic sites
serve specific countries while making unique book inventories
available to all. Through strategic partnerships Abebooks has
become the most important virtual supplier of used books while
expanding selling avenues for booksellers.
Abebooks strives to be the world's best book source where book
buyers and sellers find books they want at prices they love.
Abebooks.co.uk is the book source for UK booklovers, launched
by Abebooks on August 19, 2002. Abebooks.co.uk is made up of thousands
of booksellers, and was created to help UK booksellers share their
books with UK bookbuyers. Features such as paying in pounds and
browsing local bookseller lists help bookbuyers feel at home searching
Abebooks' 40 million secondhand, rare, and out-of-print books.
Abebooks' strategic partnerships with Gardners and WHSmith help
bring more books to UK bookbuyers. Abebooks' global partnerships
with Amazon, Barnes & Noble, and eBay/Half.com help UK booksellers
reach even larger global markets.
For more information please contact:
Marci Crossan, Abebooks Communication
Tel: (001) 250 412-3258 E: firstname.lastname@example.org
Angie Reinhardt, Abebooks Europe Communications
Tel: (+49) 211 7117 069 23 E: email@example.com