ThriftBooks
Web-based used bookseller headquartered near Seattle, Washington From Wikipedia, the free encyclopedia
ThriftBooks is a large web-based used bookseller headquartered near Seattle, Washington.[3] ThriftBooks sells used books, Blu-ray discs, DVDs, CDs, VHS tapes, video games, and audio cassettes. ThriftBooks' business model "is based on achieving economies of scale through automation."[4]
 | |
| Company type | Private[1] |
|---|---|
| Industry | Retail |
| Founded | 2003 |
| Founders | Daryl Butcher, Jason Meyer |
| Headquarters | Tukwila, Washington[1] |
Key people | Kenneth F. Goldstein, CEO Mike Ward, Chief Innovation Officer[1] |
| Products | New and used media: books, DVDs, etc. |
| Owner | MMF Capital Management LLC, KCB Management LLC[1] |
Number of employees | 900 (2020[2]) |
| Website | www |
History and platform structure
Selling over 165 million books since its inception in 2003, ThriftBooks is considered one of the largest sellers of used books in the United States and has seven warehouses across the United States.[5] ThriftBooks was founded in the summer of 2003 by Daryl Butcher and Jason Meyer. The two created software that organizes and lists thousands of book titles per day.[6] Since 2004, it has partnered with libraries, which provide unsorted books and get a share of the profits. The first library systems to join were King County, Pierce County, and North Central.[6]
Thriftbooks is popular among book collectors—particularly with those shoppers choosing to avoid Amazon—for being one of few North American online bookselling platforms that is independent rather than a subsidiary of retail giant Amazon.[7][8] Thriftbooks offers a loyalty program called Reading Rewards, where points earned from purchases can be redeemed for free books.[9]
ThriftBooks opened a 190,000-square-foot (18,000 m2) processing center in Phoenix in 2021.[10] Kenneth F. Goldstein currently serves as the Chairman and CEO and Mike Ward is the Chief Innovation Officer of ThriftBooks. [11]
See also
References
External links
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