Betterworldbooks.com Overview
We are talking about the online bookseller website which provides the used and the new books on bargain rates.
They are active in the market since 2002 and are headquartered in Mishawaka, Indiana; Atlanta, Georgia and Dunfermline, Scotland.
They are now working with 340 employees and have generated a revenue of $65 million.
When it came into existence?
The online store has three founders; Christopher Fuchs, Jeff Kurtzman, and Xavier Helgesen who after graduation from the University of Notre Dame decided to sell out their used college books and textbooks online.
The plan took a broader prospectus in the business of selling books online and they executed the first trial on managing a book drive at the Robinson Community Learning Center in South Bend, Indiana.
There they sold out 2,000 books by raising $20,000 out of which half went for the community center.
Soon in 2003, they got sponsored for their business plan after winning the Notre Dame Social Venture Business Plan Competition with a grand prize of $7,000 and the mentorship of David Murphy.
The success went on and they started operating in Scotland, United Kingdom, and Dunfermline in 2008.
Now they have their used book inventory from over 1,800 colleges and universities plus include the donation from 3000 library systems.
Why are they so popular?
They help in diverting books from landfills by conducting book drives on thousands of college campuses and universities as a for-profit social enterprise.
They work on the plan of selling books online matching each purchase with a donation, book for book and with each sale generating funds for literacy initiatives in the United States and around the world.
It is considered as a self-sustaining company having at present 8 million new and used titles in stock.
They thus have managed to raise over $14 million for libraries and literacy and have donated over 9 million books, re-used or recycled over 100 million books and have achieved 37,500 tons of carbon offsets through carbon balanced shipping.
Aside from all this, they have created hundreds of full-time jobs with multiple meaningful benefits across the world.
In the end, they are working hard to bring opportunities for people to learn, gain knowledge and lead the world.
References
https://en.wikipedia.org/wiki/Better_World_Books
https://www.betterworldbooks.com/