If you one of those people who keep every book that you have ever read prominently displayed in your house for all to see, social networking and web 2.0 now has a site for you. LibraryThing.com, out of Portland, ME, is a social networking that connects like-minded bibliophiles and connects them through their book collection.
In this online nerd paradise, users can create a simple list of the books they own by either inputting them in manually or searching through catalog of books that other users have listed. The site will then provide you with recommendation for other books based on the collections of users who own the same books (I can already see the dating angle for this website).
The sites design is a bit lacking but is incredible easy to use and, most importantly, is very intuitive. LibraryThing.com has been operation for over 10 months now and has a collection of over 3 Million titles from 47,000 registered users.
Besides the obvious affiliate programs through Amazon and other online retailers the site will generate revenue by charging $25 for a lifetime membership for users who have more than 200 books in their online collection.
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3 Responses
I use 43things to track what I want to read.
How are they really going to make money? They will need millions of page views to get going and I doubt that anyone will pay the $25?
43Things is an interesting site – I do wonder if the site will have any real sticking power except for a small universe.
The WSJ reports that there are people paying now – how much, I do not know.