Amazon offers incentives for independent bookstores to sell Kindles
Amazon.com wants to help out the corner bookstore.
The Seattle Internet giant on Wedneday introduced Amazon Source, a program that enables independent booksellers to earn money from the sale of Kindle e-books -- if they sell Kindle devices and accessores in their stores.
A participating retailer can receive 10% of all revenue from Kindle e-books purchased on Kindle devices sold by the store for the first two years after a customer buys the device.
PHOTOS: Apple’s new Mavericks OS X: Top 10 features to check out
Russ Grandinetti, vice president of Amazon Kindle, said the program meant customers no longer had to choose between e-books and their neighborhood bookstore.
“Many customers want to read both digital and print books,†he said. “For many years, bookstores have successfully sold print books on Amazon -- now Amazon Source extends this opportunity to digital.â€
Retailers that are part of the program have two options: They can either opt to be part of the revenue-sharing deal or they can receive a larger discount when purchasing the devices from Amazon for resale in their stores.
The company also said that if a retailer no longer wants to sell Kindle devices, Amazon will buy back the inventory for up to six months after their first order “with no questions asked.â€
Several bookstores have already been using Amazon Source in a pilot program, the company said.
ALSO:
Amazon to buy book-focused social network Goodreads
Jeff Bezos’ wife gives a one-star review to the new Amazon book
Amazon launches Kindle sale to ‘thank’ FAA for easing device rules