Amazon to team with independent booksellers on Kindles

November 6, 2013
Kindle electronic readers are stacked at Amazon's San Bernardino Fulfillment Center October 29, 2013 in San Bernardino, California

Amazon announced plans Wednesday to work with independent booksellers and other retailers on sales of its Kindle tablets, offering the merchants a share of e-book revenues.

The program called Amazon Source allows the to earn a profit on Kindle sales and provides the option of receiving 10 percent of the price of Kindle books purchased on devices sold by the store for the first two years after a customer buys a device.

"We believe that retailers, online or offline, small or large, should be striving to offer customers what they want—and many customers want to read both digital and print books," said Russ Grandinetti, of Amazon Kindle.

"For many years, bookstores have successfully sold on Amazon—now Amazon Source extends this opportunity to digital. With Amazon Source, customers don't have to choose between e-books and their favorite neighborhood bookstore—they can have both."

The program is based on one launched with the British retailer Waterstones in 2012.

The move teams brick-and-mortar merchants with Amazon, which has been accused of driving many stores out of business.

Amazon said the first order by retailers would be "worry-free" because it would buy back the inventory for up to six months.

Explore further: Amazon selling more Kindle books than print books

Related Stories

Amazon launches Kindle store in India

August 22, 2012

US e-commerce giant Amazon on Wednesday launched its Kindle Store in India, claiming to have the largest selection of any e-bookstore in the country.

Kindle sales quadrupled on Black Friday: Amazon

November 28, 2011

Online retailing giant Amazon said Monday that sales of its Kindle e-readers and tablets quadrupled on Black Friday over the previous year's annual pre-Christmas national shopping orgy.

Recommended for you

Swiss unveil stratospheric solar plane

December 7, 2016

Just months after two Swiss pilots completed a historic round-the-world trip in a Sun-powered plane, another Swiss adventurer on Wednesday unveiled a solar plane aimed at reaching the stratosphere.

Solar panels repay their energy 'debt': study

December 6, 2016

The climate-friendly electricity generated by solar panels in the past 40 years has all but cancelled out the polluting energy used to produce them, a study said Tuesday.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.