A recent Houston Chronicle article reports that used books available via the Internet have become a “modern powerhouse, driven by high prices for new works and by the convenience of finding any title, new or old, without leaving your home.” Some stats:
- Used book sales topped $2.2 billion in 2004, an 11 percent increase over 2003.
- Used book sales at traditional stores rose a modest 4.6 percent, they jumped 33 percent online, to just over $600 million.
- More than 111 million used books were purchased last year, representing about one out of every 12 overall book purchases. By the end of the decade, the percentage is expected to rise to one out of 11.