June 8, 2007
Online Book Rental Service Reaches Milestone with Delivery of One Millionth Book
Vienna, VA (PRWEB) June 8, 2007 -- Booksfree.com, the largest online paperback and audiobook rental service, today said it has delivered its one millionth paperback book since the company's subscription service was launched in September 2000. The milestone was reached yesterday, when the book "The Road", a recent Oprah's Book Club pick, arrived at the home of a subscriber in McMillan, Michigan.
"We view the one millionth delivery as a symbol of the company's steady growth and high level of customer satisfaction." says President and CEO Doug Ross. Booksfree started out as a paperback book rental service and added audiobooks on CD and MP3-CD in September of 2003. "We're shipping more and more audiobooks each day." says Ross, adding, "Our audiobook service has outpaced the growth of our paperback service."
Total deliveries are expected to reach two million over the next 18 months based on the current subscription growth rate. The company just received a boost in subscribers from a recent write up in the March issue of Oprah's Magazine "O". "We are still getting members each day saying they heard about us in the O Magazine" added Ross.
Booksfree has come a long way since its launch in 2000. "We started at a time when dot com companies were dropping like flies." said Ross. The company reached profitability in 2005 and plans to expand its audiobook service with a new product line later this year, which should dramatically increase the level of profit. Booksfree contributes its success to a loyal customer base, providing outstanding service to its members, and sound management decisions.
Booksfree.com has become the world's largest online rental service of paperback and audiobooks, offering subscribers access to more than 90,000 titles. The company offers a variety of subscription plans, starting at $9.99 a month. There are no due dates or late fees and shipping both ways is free. Booksfree offers personalized book recommendations and allows its members to rate and review titles. Booksfree also allows members to keep books at a discounted price and earn credits for referrals, used book contributions, and gift membership purchases.