this post was submitted on 23 Jul 2023
108 points (95.8% liked)

Explain Like I'm Five

14205 readers
1 users here now

Simplifying Complexity, One Answer at a Time!

Rules

  1. Be respectful and inclusive.
  2. No harassment, hate speech, or trolling.
  3. Engage in constructive discussions.
  4. Share relevant content.
  5. Follow guidelines and moderators' instructions.
  6. Use appropriate language and tone.
  7. Report violations.
  8. Foster a continuous learning environment.

founded 1 year ago
MODERATORS
 

I like shopping in book stores. There's something about wandering the aisles and waiting for a book to jump out at you that I can't get shopping online. Unfortunately, whenever I compare the price of a book Amazon has every in-person store beat, often pricing their offerings 30%-50% lower (or around $10/book in my experience) even when I go to a large chain like Barnes and Noble.

How is it that Amazon is able to afford to offer the books so much cheaper and also support all of the infrastructure involved in shipping it to my doorstep compared with in-person stores?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

All the solid answers posted plus they're now a massive store - they can live on, say, $0.10 profit on a book because they made plenty more on the backpack and tire patch kit and deodorant you also added to your cart because convenience.

Plus no retail rent, no retail staff to pay.

It's like gas stations barely breaking even on gas, but making bank on snacks. Bookstores usually won't have those other product categories to fall back on like Amazon does.