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For Immediate Release: January 12, 2004

"BAG OF BOOKS" PRICE COMPARISON SHOWS USED BOOKS CAN BE PURCHASED FOR UP TO 90% LESS ON ABEBOOKS.COM

(Victoria, BC, January 12, 2004) -AbeBooks.com, the world's largest online marketplace for used, rare, and out-of-print books, today announced the results of their first annual "Bag of Books" textbook price comparison.

AbeBooks staff compared the prices of ten textbooks used by first year business students at North American colleges and universities. Data was gathered from various online and offline bookstores in North America that offer new and used books.

The results were dramatic: some used textbooks can be purchased for as little as 10% of the cost of new books when purchased online at AbeBooks.com. Here's an excerpt of the results:

  1. Mankiw. Principles of Microeconomics. Thompson Learning, 2nd edition.
    Price new*: $53.95 Price on AbeBooks.com: $6.95
  2. Dwyer; Tanner. Business Marketing: Connecting Strategy, Relationships, and Learning. Irwin McGraw-Hill, 2001.
    Price new: $129.60 Price on AbeBooks.com: $43.99
  3. Jones; George. Contemporary Management. McGraw-Hill/Irwin, 1999.
    Price new: $118.25 Price on AbeBooks.com: $7.45
  4. Ainsworth; Deines; Plumlee; Larson. Introduction to Accounting: An Integrated Approach, Study guide. McGraw-Hill/Irwin, 2nd edition.
    Price new: $43.35 Price on AbeBooks.com: $9.95
  5. Lind; Mason; Marchal. Basic Statistics for Business and Economics. McGraw-Hill, 3rd edition.
    Price new: $106.50 Price on AbeBooks.com: $21.88

The research included five additional books for a total of ten textbooks. The total cost of one "Bag of Books" purchased new was $1,051. The total cost of the same bag of ten books purchased used on AbeBooks.com was $361. (*US dollar prices collected over three months.)

Nikki Yates from Southern Nevada Community College commented, "The textbooks through my school's online bookstore would have cost me $287. Instead I purchased all my books through AbeBooks for under $70 including shipping! The books were current editions and in great shape."

"I was able to find some out-of-print books and save over $200 by using AbeBooks. Thanks!" commented Patrick Emmett, a graduate student at California State University, Long Beach.

About Textbook Central
Textbook Central is an area on AbeBooks.com that gives students, faculty members, librarians and anyone needing books for school, direct access to over five million used and new textbooks. www.abebooks.com/textbooks.

About AbeBooks
AbeBooks is the world's largest online marketplace for used, rare, and out-of-print books with over 50 million books listed by 12,000 booksellers. AbeBooks connects those who buy books with those who sell books, providing abundant selection at affordable prices. AbeBooks is a global company with websites dedicated to book buyers in North America (AbeBooks.com), the UK (AbeBooks.co.uk), France (AbeBooks.fr), and Germany (AbeBooks.de). Through strategic partnerships with Amazon, Barnes & Noble, and eBay, AbeBooks has become the most important virtual supplier of used books while expanding sales avenues for booksellers.

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Richard Davies, PR & Publicity Mgr., AbeBooks.com
Ph: 250-412-3238
rdavies@abebooks.com



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Richard Davies
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