Your Own Audio Book Store - Don’t Be Afraid To Compete With The Big Boys
Wednesday, June 25th, 2008    Subscribe To Our Feed
Only now are the great majority of people getting used to listening to audio books as compared with the traditional trend of buying paperbacks and hardcover editions of their favorite books. Increasingly Americans are tending to the Audio book variety principally because thy are ‘Time Poor’ and are unable to sacrifice time out of their busy schedules to sit and read a book.
Up until now there have only been a small number of specialist audio book publishers such as Audible and other very large companies who have had a relatively competition free existence. There are however a number of much smaller niche players entering the market and these quick moving businesses are rapidly taking market share off the big players. It is quite a lucrative sector of the publishing market and it would be relatively inexpensive for you to establish your own audio book store that could quickly rank at the top of providers of audio books.
Give More Competition To Audible
Undoubtedly, Audible is presently the market leader for audio books and they currently enjoy quite massive revenues and profits but this should not detract you from providing them with some worthwhile competition. The best way for you to enter the market would be to open your own audio book store and to get a number of regular subscribers that will lay the foundation for your business and generate adequate revenues to support an increasing inventory of audio book titles.
The initial aim when you open your own audio book store would be to attract a level of loyal subscribers who won’t mind spending ten or fifteen dollars each month for a couple of audio books.
Another option for you when you want to open your own audio book store is to get someone to drop ship your orders directly to customers and thus do away with the expenses and hassles of stocking up books. The fees that you will have to pay for such services would be a relative pittance as compared to what the investment in stock would amount to.
Drop shipping is ideal for anyone that is beginning their own audio book store and who don’t have the money or space to keep an inventory. All you will need to do is take orders for various audio books and get full payment and then forward the order to the drop shipper along with what it will cost them which is generally about half of the retail price you got from the buyer. The drop shipper then packages and ships the order to your customer thereby saving you costs other than what you spent on promoting your own audio book store. With luck, and with proper advertising, who knows you may even make a great success from your own audio book store. Go on line now and see how many small players in the Audio book business have sprung up and seriously consider establishing your own audio book store.
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