DONE BY THE BOOK
Focused on bolstering what the business does best, Booktopia chief executive Tony Nash wasn’t too spooked about the arrival of US retailing giant Amazon.
With an established presence in Australia, Booktopia reached $80 million revenue in 2016 – the year Amazon came to our shores. It expects that figure to grow to $130 million this year.
With over 200 staff, $10 million worth of automation and $13 million worth of software, Booktopia has $6 million worth of stock across 150,000 of titles at its 13,000 square-metre facility at Lidcombe in Sydney.
Booktopia’s sales have skyrocketed because Amazon has shifted its focus from books, Nash explains.
“Three per cent of their revenue is books now,” Nash says.
“It used to be 100 per cent when it started but it’s now three per cent and a lot of people don’t realise that.
“They did everything we expected them to do – they’re going to
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