Correction: There's no way in Hell Shelfari is making more than, say, $50,000/year from Amazon referrals. At 5% that would require about $1,000,0000 books sold. I think they have ten employees. The math is impossible. We make less and are larger. They are trying to make it work on advertising—which I also doubt, but in any case LibraryThing has none.
shehab
· 1 year ago
Thanks for the correction Tim.
I guess this is another case of building a user-base and hopefully experimenting towards a sustainable business model.
shehab hamad
· 1 year ago
from shelfari, aug 29:
It’s an exciting week here at Shelfari. You may have already heard, but we were acquired by Amazon yesterday. Yeah!
Amazon has long been a supporter of Shelfari as we grew into a global community of book lovers. And now Shelfari and Amazon will work hand in hand to create innovative new ways to enjoy the books you love.
Rest assured that Shelfari will live on and only get better. We’ve got some big plans ahead. In the meantime, you’ll continue to enjoy the great community features you’ve always known and used on the site.
All Comments
Correction: There's no way in Hell Shelfari is making more than, say, $50,000/year from Amazon referrals. At 5% that would require about $1,000,0000 books sold. I think they have ten employees. The math is impossible. We make less and are larger. They are trying to make it work on advertising—which I also doubt, but in any case LibraryThing has none.
I guess this is another case of building a user-base and hopefully experimenting towards a sustainable business model.
It’s an exciting week here at Shelfari. You may have already heard, but we were acquired by Amazon yesterday. Yeah!
Amazon has long been a supporter of Shelfari as we grew into a global community of book lovers. And now Shelfari and Amazon will work hand in hand to create innovative new ways to enjoy the books you love.
Rest assured that Shelfari will live on and only get better. We’ve got some big plans ahead. In the meantime, you’ll continue to enjoy the great community features you’ve always known and used on the site.
Go ahead and add your latest books to your shelf.
Stay tuned for great things to come.
Happy reading,
Josh