Business Model
The company has been described as "the books version of Netflix", and therefore has a similar business model to online DVD rental companies. Titles are offered in paperback, CD & MP3 CD audiobook formats. Separate monthly membership plans are offered for each medium starting at $9.99 for books, $12.99 for MP3-CD audiobooks & $22.49 for CD & MP3 CD audiobooks. A combination membership encompassing all media is also available. Each plan limits the number of items that can be checked out at any one time. Subscribers can pay a higher monthly fee in order to increase that limit. It is also possible to rent individual titles without having a membership.
Read more about this topic: Booksfree
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