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| Author | Topic: BarnesandNoble.com (BNBN) |
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happyguy |
Bn.com is going into bn.comRadio... Here's the article: http://www.zdnet.com/intweek/stories/news/0,4164,2430903,00.html I knew Barnes and noble had cd's and music but its certainly not their core competency. I'll beat the dead horse and again tout the clicks and mortar ideas that everyone has been talking about on this board. Why the heck are they moving into radio. They don't have any kind of competitive advantage there. They've got it with their retail outlets! when will they ever learn? |
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InvestorGuide Daily Administrator |
Despite receiving high marks from analysts, Barnesandnoble.com CEO Jonathan Bulkeley has resigned after just a year with the company. http://www.nypost.com/business/21897.htm |
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gatsby |
I had meant to post this statement from the CEO, which I think was the smartest thing he ever said: the number one reason people shop at a website is that it has an offline presence and therefore is trusted by customers. When you think about it, what does B&N.com really offer that's different besides their rare books, brand, and offline presence? Normally I would say the CEO leaving to focus on something else immediately isn't a bad sign. However, it has happened really soon after the IPO, so that needs to raise the eyebrows a tad... |
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terrific |
BNBN CEO Jonathan Bulkeley is quitting after a year on the job to spend more time with other Net ventures, in particular European auction site QXL. That probably means the prospects aren't that good. B&N COO Steve Riggio will take the helm, at least until he finds a better startup to work for ![]() |
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trentr |
Bn.com reportedly saw sales triple over the same quarter last year. 1999 yearly sales are nearly triple what they were last year. Operating losses will be in line with expectations. They are also planning a service with Micrsoft that allows readers to download books to portable reader software. Not that this hasn't available, but these are two big companies jumping on board. http://news.cnet.com/news/0-1007-200-1515572.html |
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terrific |
Yes, that's a great feature for customers, but it's probably a headache for retailers (since it'll make inventory forecasting and management more difficult). But if it catches on, the bar will be raised and customers will start to expect it. It could even give clicks-and-mortar companies an advantage over Amazon and other strictly online retailers. |
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gatsby |
I don't know if B&N.com does this as well, but I believe any etailer with an offline counterpart should look to the Gap for their return policy: You can return any of their products ordered online at any of their store locations. Not only does it stop the annoyance of repacking a gift to send back and wait for retrieval, but it also gets you back in the store to continue shopping. I haven't had to return anything purchased online yet, but i have to believe that it is a hassle made much easier by going to a nearby location. |
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trentr |
As I said before bn.com is listening about integrating the clicks and mortar. I still think they've got to go farther and better integrate This was in an article about Bn.com and Barnes and Noble... "Shoppers simply expect an enjoyable shopping experience under that one brand. Expect to see land-based retailers increasingly use their physical stores as pick-up and return points for online purchases." Everyone seems to see this advantage but them. Well, i should give them more credit because i'm sure they have a team thinking about this idea. I'm just continually annoyed they aren't doing anything about it yet. |
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dude |
I just went to bn.com to check out the press release but bn.com doesn't appear to have a press release page. What's up with that? I did find this on the enews site: The two investments solidify Enews.com's position as the leading Internet marketer of magazine subscriptions. The company provides the lowest-priced subscriptions to nearly 1,000 popular magazine titles. According to Brian Hecht, president and CEO of Enews.com, the new financing will allow the company to increase marketing, and accelerate the development of new services. Barnesandnoble.com has acquired a 32 percent stake in the Internet magazine subscription retailer. The agreement further expands the relationship between barnesandnoble.com and Enews.com and their growing influence in the $9 billion U.S. magazine circulation market. A key component of the deal is a four-year joint services agreement with barnesandnoble.com, which designates Enews.com as the site's exclusive magazine marketer, and provides for a host of cross-marketing opportunities. HFM's investment will earn the publisher special promotions on Enews.com for an array of its popular magazine titles, including Elle, George, Premiere, and Car and Driver. "Enews.com is a perfect strategic fit," said Jonathan Bulkeley, chief executive officer of barnesandnoble.com. "Our complementary product lines offer outstanding cross-merchandising opportunities, and we believe an equity relationship permits broader integration and enhancement of the magazine section of the bn.com site, which in turn will generate stronger commission revenues through magazine sales." Industry research shows that the market for online magazine subscriptions is growing, in large part because Internet users are avid magazine readers. Studies by Mediamark Research show that of the 118 million magazine readers in the U.S., 55 million use the Internet regularly. At the same time, publishers are aggressively seeking alternative ways to sell subscriptions as the effectiveness of traditional distribution channels declines. |
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gatsby |
barnesandnoble.com allied with enews.com and acquires a 32 percent stake in the company. ??? Can anyone tell me how this fits in with their business plan? This to me seems like a signal that they are trying to become a hub of sorts, and to me this is unnecessary. Focus on what you are good at and what you have - Anything book related, including the offline connection and the starbucks connection. Sure they may prove me wrong, but this deal seems real strange to me. |
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trentr |
Another quick BN.com note... Amazon won the first round of the court battle over the 1-click technology. Even though BN.com doesn't think it is stealing the technology it has said it will accelerate the rollout of its "Express Checkout" feature. It apparently is in compliance with the Judge's decision and has been called a 'significant improvement' over the "Express Lane" system which brought about the suit in the first place. BN.com had planned to start the new system after the holiday system but will instead start using it in a few days. |
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trentr |
to all who have been touting the use of BN.com's brick and mortar stores BN.com is listening. They already been testing a program which uses bike messengers and vans to deliver books directly to customer's mailboxes and doorsteps in Manhattan. Granted that is a place where the critical mass of customers is great enough to make it profitable (or at least close). At this point it is obviously just in the planning phase, and for some reason they still aren't getting the point about customers picking up the book themselves and transferring books between stores to make sure its in stock. It is a step in the right direction, and I hope it succeeds. Its really the only thing BN.com has going for itself over Amazon. |
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gatsby |
Circuit City is listening..."Another e-commerce trend is the integration of bricks and mortar retail stores with a Web presence -- for example, Circuit City. Research and order your TV or computer from the website and then go pick it up at the nearest of its 550 national outlets... can immediate delivery be far behind? Rather than competing with its real-world presence, smart retailers like Circuit City are integrating Web and store operations (call it "clicks and mortar") to extend brand loyalty while supporting local retail stores and providing even more convenience and value for their customers." Now all they need to do is get back to selling high-end sterio equipment, and they will get my business again. |
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gatsby |
thanks humanity. And netinvestor, it not only combats fatbrain, but also Amazon's new service for non-published writers as well. I thought it was a great idea for Amazon, and I think it's a great idea for BarnesandNoble.com also. |
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netinvestor |
Barnes and Noble (BKS) purchased a 49% stake in iUniverse, a company that prints books by out of print authors and new authors who haven't gotten a major publishing deal. The company says that for $99 it will print a copy of any book by anyone. For $299 a writer can have his or her book published on iUniverse's writers showcase on its web site. This gives gives Barnes and Noble (and BN.com if they are smart) a way to attack the Fatbrain's eMatter. |
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