31 Jan #046: Tony Nash | Booktopia

Posted at 20:42h in Podcast by mrxrm

Tony Nash is the Founder of Booktopia.

He started the online bookstore as an evening side project with a $10 a day budget in 2004, the company has continued to grow at a rapid rate ever since.

Booktopia employs 160 people and sells one item every 6.9 seconds. In Christmas 2018 they were shipping 30,000 individual items per day. Revenue for FY2018 is $115 million.

In 2016 & 2017 they were voted Australian Book Retailer of the Year.

During this chat, we covered:

some of the strategies he has used to grow Booktopia
automation and how they manage their stock
the methods they use to determine which books they list and sell on the website
why they haven’t attempted to run other products through their distribution facility and network
a little on deliveries and the future in that space, and
why Booktopia is currently raising capital through the crowdfunding platform Equitise. As I understand it, to-date, the biggest ever capital raise attempt using a crowdfunding platform in Australia.

To find out more about Tony and his current work, head to https://booktopia.com.au/. You can also find Tony on LinkedIn.

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Enjoy Trench Talk Episode #046 with Tony Nash…