The Ivy Tech Bookstore is an e-commerce platform that lets authors and publishers shop books from around the world and make them available to consumers anywhere.
The company recently launched a new store that will launch in July, and is looking to expand beyond booksellers.
We sat down with Ivy Tech CEO and founder Daniel Schindler to learn more about what the company has planned for the store, its future, and the challenges it faces as it transitions to a digital future.1.
What makes Ivy Tech unique?
The Ivy Tech platform has two key features: one for retailers and one for publishers.
Retailers can sell directly to customers, while publishers can sell to their fans.
That means that, at the time of the launch of the Ivy Tech store, the two features will work together.
For publishers, that means that Ivy Tech will offer both online and offline sales.
We’ll start with a look at what’s new at Ivy Tech.
What’s New at Ivy TechnologyThe Ivy Technology store is currently looking for new business partners.
The team is looking for experienced developers, designers, and writers who can help the store expand beyond its existing bookstores.
We asked Schindlers how he and the team hope to find new ways to increase sales, as well as what challenges the new business model will pose.
Schindler told Ars that they’ll have to do a lot of research before we can tell if a publisher is the right fit for the Ivy Technology platform.
But they want to try to find a publisher who can work closely with them.
“The Ivy technology team is incredibly passionate about making sure that our readers get the best possible experience,” he said.
“They are always looking to make things better.”2.
How much money will Ivy Tech make?
We asked Schinder if he was surprised to see how much the new bookstores revenue would be.
“I think we can make about $100,000 from bookstores in a year,” he replied.
“That’s not a lot, but that’s the amount of money that’s going to go into our books.”
That figure is a rough estimate of the revenue that publishers and retailers will see if they decide to enter the Ivy tech business.
Schinder explained that the Ivy platform is aiming for between $1 million and $5 million per year in sales, with an additional $3 million for marketing and licensing.
He also noted that they plan to keep the Ivy shop as a standalone store, but would be interested in partnering with bookstores that have other brick-and-mortar bookstores nearby.3.
How will Ivy tech work?
Schindlers plans to use Ivy Tech to build a library of books and digital media.
That will allow Ivy Tech authors to sell their books directly to readers in the future.
“We think that there’s a lot more potential for the library than just books,” he explained.
“You could put a whole series of books together and sell them all in one place.
We want to do that.”
The goal is to create a platform that allows readers to discover the best books, authors, and publishers and then buy books they might not otherwise have access to.
Schinklers said that IvyTech’s primary goal is “to make the world a better place for writers and publishers.”
But the platform is also designed to give readers more flexibility, as they can create their own bookmarks or add content to their books.
“There are lots of people who have a lot to say, so we want to let them say that,” he added.
“And it’s all up to you.
You can put anything you want in there.”4.
What does this mean for indie authors?
Schinder said that, while Ivy Tech has the potential to be a great platform for independent authors, it’s also important for them to understand what it’s like to grow a publishing career.
“There’s a huge gap between what a bookshop does and how a publisher works,” he noted.
“Publishers don’t really pay you for a book, and it’s just not the case with bookseller contracts.
The publisher does pay you, but it’s really the publisher that is the real authority on what you’re getting.”
In a world of ever-increasing ebook prices and high demand for books, it can be hard for authors to find work.
“A lot of authors have a hard time making ends meet,” he told Ars.
“When I started, I had $5,000 in my pocket.
Now I have $1,000.”
Schindles goal is not to make books cheap for writers, but to make them accessible to readers.
“Our goal is for all authors to be able to publish books with a minimum of a book fee and we will do that in the Ivy store,” he pointed out.
“All authors will be able buy their books at an affordable price, and all books will be available to the public at a discounted price