Most retailers deal with multiple low margin categories. Follett is a well established retailer, many years in the text book industry. The assertion that New textbook margins are 25% is irrelevant. Students aren't shopping to buy new, they want used or rental (or digital). Follett isn't in the bookstore business to sell new books. Texts.com isn't getting free money. They are entrepreneurs to be applauded for identifying a consumer need and responding to it. Beyond that, they are helping students save money. That makes it a noble pursuit in my mind. Better than trying to find ways to prevent fair competition....
Techdirt has not posted any stories submitted by Anonymous IT.
Re: Free Money
Texts.com isn't getting free money. They are entrepreneurs to be applauded for identifying a consumer need and responding to it. Beyond that, they are helping students save money. That makes it a noble pursuit in my mind. Better than trying to find ways to prevent fair competition....
Techdirt has not posted any stories submitted by Anonymous IT.
Submit a story now.