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Buy.com Book Sales Soar; Book Revenue Increases by More Than 800%, New Customer Accounts Nearly Triple.


Business Editors & Internet/Retail Writers

Buy.com Inc., The Internet Superstore(TM), today announced early results of yesterday's price slashing in which Buy.com lowered all 1 million book titles to 10 percent below Amazon.com's price.

In just 24 hours, Buy.com has increased its book revenue by more than 800 percent, over the previous 30 days' daily average. In addition, Buy.com nearly tripled its daily average of new customers.

"Buy.com has called customer loyalty into question," said Robert Price Robert Price may refer to:
  • Robert M. Price (born 1954), American theologian and author
  • Bob Price (Texas politician) (1927 – 2004), member of the U.S. House of Representatives from Texas
, president and chief financial officer at Buy.com.

"It's the overall package that customers seem to be looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
: lowest prices, free shipping, largest selection and excellent customer service. If those are the parameters -- as consumers have indicated today -- then Buy.com will win their business every time."

Buy.com has been selling books since 1998 and currently features a catalog of more than 1 million book titles in a variety of categories, including New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times Bestseller titles currently offered at 50% off list price.

"Consumers are realizing that Buy.com has a large book selection and that we are more than just a great place to buy computers and electronics," said Doug Marrs, director of Buy.com's entertainment division.

"Buy.com is in this business for the long haul Long distance. Long haul implies traversing a state or a country. Contrast with short haul. . We are hoping to make 10 percent off Amazon's book prices a permanent fixture in our overall customer offering. We are also looking to extend this kind of offering to other categories."

All Buy.com books ship free following last week's announcement that the Internet Superstore is now offering free shipping site-wide with no minimum purchase required.

About Buy.com's Entertainment Division

Buy.com's entertainment division features books covering more than 1 million catalog titles in a variety of categories, plus magazines, music, games and videos. As part of its selection of more than 1 million products, Buy.com's entertainment division offers one of the largest online catalogs Similar to an online library or databases in the information storage respect, ‘’’online catalogs’’’ allow potential customers to browse a company’s items for sale from a different location using the internet.  including book titles such as Spiderman and Star Wars, and by authors including Stephen King <noinclude></noinclude>

For other people named Stephen King, see Stephen King (disambiguation).


Stephen Edwin King (born September 21, 1947) is an American author of over 200 stories including over 50 bestselling horror and
 and John Grisham “Grisham” redirects here. For other uses, see Grisham (disambiguation).

John Ray Grisham (born February 8, 1955) is a former politician, retired attorney, American novelist and author best known for his works of modern legal drama.
.

About Buy.com

Buy.com, The Internet Superstore(TM) and low price leader, offers its approximately 5 million customers more than 1.5 million products in a range of categories including computer hardware and software, electronics, cellular products and services, music, DVDs, books and more.

Individuals and businesses can shop quickly and easily at Buy.com 24 hours a day, 7 days a week. Buy.com was named the "Best Overall Place To Buy Mobile Devices" (January 2002), "Best E-Commerce Site" by PC World magazine (June 2001), "Best Overall Place To Buy" by Computer Shopper Computer Shopper could referr to the following publications:
  • Computer Shopper (UK magazine) - a home computer magazine published in the United Kingdom
  • Computer Shopper (US magazine) - a home computer magazine published in the United States
N.B.
 Magazine (January 2001), a "Best of the Web" in the computer and electronics category by Forbes Magazine (Spring 2000 and Fall 2000), and the No. 1 electronics e-tailer in the PowerRankings by Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
  • Founded: 1983 by George F.
 Inc. (November 2000).

Buy.com, founded in June 1997, is located in Aliso Viejo. For more information, visit www.buy.com.

Note to Editors: Buy.com(TM) and The Internet Superstore(TM) are trademarks of Buy.com Inc.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 26, 2002
Words:507
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