this post was submitted on 23 Jul 2023
107 points (95.7% liked)
Explain Like I'm Five
14270 readers
43 users here now
Simplifying Complexity, One Answer at a Time!
Rules
- Be respectful and inclusive.
- No harassment, hate speech, or trolling.
- Engage in constructive discussions.
- Share relevant content.
- Follow guidelines and moderators' instructions.
- Use appropriate language and tone.
- Report violations.
- Foster a continuous learning environment.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
All the solid answers posted plus they're now a massive store - they can live on, say, $0.10 profit on a book because they made plenty more on the backpack and tire patch kit and deodorant you also added to your cart because convenience.
Plus no retail rent, no retail staff to pay.
It's like gas stations barely breaking even on gas, but making bank on snacks. Bookstores usually won't have those other product categories to fall back on like Amazon does.