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Books and recession

Category: economy, recession
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October 9th, 2008

Well, it’s not official yet, but the US economy (and probably the world economy at large) is headed for a recession. It is said that during a recession discretionary spending declines and I agree with this, but for me books have never fallen into the category of discretionary spending.  Reading, and owning books is an important part of life, especially if you are a student, and I’d like to take this time to share with you some thoughts on why a recession might be the best moment to get the best deals on books.

My website was created primarily to help college students save money on textbooks, but the site allows users to compare any book, as long as you are able to provide something from this list: keyword, author, or an ISBN.  And although it is always important to shop around, compare prices, and look for the best deal, this is especially important with the economy we have today because you are bound to find much, much better deals.  As people look for extra cash they often try to sell whatever they can, books, cd’s, etc. This tends to depress the costs of these items as there are more of them to go around, and those who are more eager to sell will offer a lower price, thus the equation is simple, “more books on the market + desire to sell=cheaper prices, and great deals”. Also, since our service will always be free for end-users, you never have to pay a cent in order to get the best price on books, in three mouse clicks.



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