Books Selling as a Business Online Vs Books Store Selling

It is an acknowledged fact that reading books as a hobby is becoming rare and people are moving to ebooks through Kindle. Books and music are going to stay as a gifting options. However still market size of books in India more than Rs 2000 Crore and this market is growing at 25% annually. You can download our free stock market eBook here.

Online books purchase is more than Rs 50-60 crore in India and this segment is growing at a phenomenal rate of 50-60 percent annually. India has to go a long way as books market in US is equivalent to $31 billion and online purchase of the books is contributing $8 billion in India.

India is trying to catch in online segment and Flipkart Business model needs to be studied which is trying to sell books online in India successfully. Reliance,s Time Out, Tata’s Landmark, ITC’s Expression and Odyssey of Chennai are also trying to gain foothold in the market.