Thriftbooks

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Please improve this article if you can. (March 2008)

Thriftbooks LLC
Type	Private
Founded	2003
Headquarters	Auburn, Washington
Key people	Hector Rivas, CEO; G. Seth Beal, President; Michael Ward, CIO; Founders: Daryl Butcher, Jason Meyer
Industry	Retail
Products	Used media. Books, DVDs, etc.
Website	www.thriftbooks.com

Thrift Books was founded by Daryl Butcher and Jason Meyer in the summer of 2003. Together they opened a warehouse in downtown Seattle and began selling books on Amazon.com. Since then the company has grown to over 100 employees at 3 facilities and sells books and other media on more than a dozen platforms.

Thriftbooks is headquarted in Auburn, WA with an inventory of around 3,000,000 books and typically adds an additional 40,000 books per day.

[edit] Business Model

Thriftbooks purchases books in volume from charitable organizations and brick-and-mortar thrift stores. It then enters these books into their database and shelves them in a warehouse. Thiftbooks sells these books through their own website, as well as through other websites such as Amazon.com. Though many books sell for as little as one penny, the minimal price for a book including "standard shipping" was $3.20 in March 2008.