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Alibris, an online marketplace for 12,000 sellers of books, CDs, and DVDs, has launched Alibris Inventory Demand, a database of sales and pricing of products on Alibris that it says will help sellers competitively purchase and price items.
Alibris Inc., an online marketplace for 12,000 sellers of new and used books, CDs, and DVDs, has introduced Alibris Inventory Demand, a database of sales and pricing of products on Alibris, No. 112 in the Internet Retailer Top 500 Guide. It says the new service will help sellers competitively purchase and price books, music, and movies.
With Alibris Inventory Demand, Alibris Gold sellers can search for pricing and sales data for any title and learn:
• Historical sales data, including the most recent sales across all of Alibris’ sales channels, including not only the price of those items, but when it sold and how the seller listed that item for sale
• Current pricing data of items for sale, including lowest, highest, and average prices as well as the number of items for sale
• The Alibris Sales Index, rating the likelihood of the item to be purchased along with other indicators of demand.
Basic sellers pay a fee per item sold. Gold-level sellers pay a flat monthly fee based on number of listings, but not the per-item fee. Gold sellers also get access to a number of services that aren’t available to Basic sellers, including the Inventory Demand product at no additional fee. Alibris also provides Gold sellers with access to other data services to help them manage their business, along with a customizable Alibris Storefront.
“This new tool empowers interested sellers to decide what to catalog and how to competitively price their Alibris inventory, which brings more sales at better prices,” says Brian Elliott, president & CEO of Alibris.