Booktopia may have collapsed, but here’s why bookshops are not endangered
Inside Retail
JULY 5, 2024
Founded in 2004, the company grew quickly , from turning over $2000 in the first month, to $30,000 in the fourth. Booktopia touted its predictive sales algorithm as a competitive advantage that allowed the business to manage stock levels and allocate advertising spend by monitoring and forecasting product demand in real time.
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