Bookworms discover new way to satisfy hunger for books

Released on = December 14, 2005, 7:44 pm

Press Release Author = ReadItSwapIt

Industry = Entertainment

Press Release Summary = Why buy a book when you can get it for free?

Hungry British book lovers are discovering a new way to get hold of new books to
read: they're swapping them for free over the internet, with complete strangers.

Press Release Body = Book swapping is an online phenomenon that has already taken
American bookworms by storm and is now rapidly catching on across the UK.

Three new UK-based book swap sites have gone live in the last year alone -
worldwide, approximately ten.

The concept is simple. Join a site, register books you no longer want and then offer
to swap them with other users for new books you haven't read.

Hey presto! A new book arrives in the post and that novel that's been gathering dust
on the bookshelf for months gets an appreciative new owner.

It's a kind of Napster for bookworms, back when Napster was free and membership
spread via word of mouth.

How it started

The first known UK-based wesite to offer book swapping over the internet was
ReadItSwapIt (http://www.readitswapit.co.uk).

The site was invented in 2003 by two young British entrepreneurs, Neil Ferguson and
Andrew Bathgate, in the hope that it would encourage book swapping in the UK.

Despite incurring costs running the site, they have never charged members anything
and now boast over two thousand books.

"We wanted to create a site that would enable people to gain access to hundreds of
books, without having to spend any money," said 26 year-old ReadItSwapIt co-founder
Neil Ferguson, a computer programmer who began building the site while off work for
10 days with chicken pox.

The site has just attracted its 500th member. It remains the only completely free
book swap club in the UK which has no plans to start charging members.

Others, such as MyBookYourBook (http://www.mybookyourbook.co.uk) and LetsdoaSwap
(http://www.letsdoaswap.co.uk) which both went live less than six months ago, intend
to charge a small membership or swap fee.

There's also The Book Cooperative (used by libraries), Swapz and Swap-O shop, which
were set up in the last 18 months, and US-based Paperback Swap, Book Relay and Title
Trader.

Each site offers a slightly different service to the online bookswapper. While some
offer direct exchanges with other users, others work on a credit system, allowing
users to swap books for credits that they can then use to acquire books (or other
products) at a later date.

Read, recycle AND get a bargain

The explosion of sites has been welcomed by book charities and conservation
organisations.

Environmental charities like Friends of the Earth, Scottish Waste Awareness Group
and Leep Recycling have praised the book recycling element of sites like
ReadItSwapIt to their members and the National Literacy Trust is currently
directing book lovers to several book swap shops via its website.

The Trust also ran a campaign 'Swap a Book' earlier this year to encourage
book-swapping.

Traditional book industry under threat
Book swapping is bad news for local bookshops and book publishers. After all, book
swappers never run out of books to read, without having to spend a penny buying new
books.

In an attempt to fight back, online bookshops are coming up with new strategies to
target members of bookswapping sites.

Amazon, for example, is offering site owners a percentage of new books bought by
their members at Amazon - so if a desired book isn't available for swapping, members
will often be re-directed to Amazon.

Ethical Christmas Giving
Books rank among the top Christmas gifts of all time. But why waste money and trees
buying new books to give away this Christmas?

Book swapping sites provide people with a new, ethical way to shop for books this Xmas.

"Christmas is about giving, not spending money, and that's really what my book swap
site ReadItSwapIt is all about," said Ferguson.

Online book swap clubs are also a great way to get rid of books that are unwanted
Christmas gifts - members can swap these presents for books they actually want to
read instead.

So if you're giving a book as a gift this Christmas but you're not sure the
recipient will like it, be sure to mention book swapping.


Web Site = http://www.readitswapit.co.uk

Contact Details = pressoffice@readitswapit.co.uk

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