Home » Games News » Khanid bookstore achieves a record quarter
Khanid Prime - The Khanid Bookstore has declared a record 3.6 billion ISK turnover for the month of May. The figure came after the venture had achieved a 1.2 billion ISK turnover in April.
The Bookseller is a retired industrialist who established the Khanid Bookstore in order to bring skillbooks to the residents of the Khanid Kingdom who lack easy access to educational facilities in the region.
The venture, which has now run for more than one year, imports a wide selection of skillbooks from Tash Murkon's Hedion university and resells them with a small markup to cover transport fees and to allow expansion of the store's catalog.
According to the Bookstore's CEO, the reduced presence of competition and the ever growing catalog, has pushed May sales to 6,165 books; breaking the old record of 5,881 set in June of last year. The adoption of a conservative purchasing strategy allowed profits to reach 188 Million ISK before taxation.
While The Bookseller expressed satisfation for Q2 sales, he points to the success as evidence that the region is underserved despite the demand: "I have long stated that the Bookstore is working in an area that should be covered by the authorities... there is a lack of everything."
Despite the Bookstore's efforts, pilots who fly in Khanid Kingdom may not immediately recognize its brand, or either know it exists. Vanislevagabon, a capsuleer who lives in the area, explains he acquires books from agents or flies himself to other universities. He admits that those reclutant to travel far might find the Bookstore handy.
The Bookseller has had some issues with advertising methods: "books are sold - by definition - to the lowest price...