BookSwim: Netflix for books?

A new Web-based rental service called BookSwim describes itself as Netflix for books.

After checking it out, that seems to be a fair enough summary.

The pricing doesn't seem to be quite as good a deal as Netflix; the fees are slightly higher and the average price of books is somewhat lower than for movies. But it's in the ballpark.

For example, BookSwim offers a subscription with three books out at a time for $19.98 per month. BookSwim covers shipping both ways via U.S. Postal Service media mail, though books over two pounds do carry an extra fee based on the actual difference in postage.

This is not too far away from the three-DVD subscription from Netflix for $16.99 per month, also with free shipping.

BookSwim is aimed at high-volume readers; its plans go up to 11 books at a time for $39.94 per month.

BookSwim has an additional requirement that is probably a consequence of the media mail rate schedule. Customers must return multiple books at a time, depending on the service plan: 2 or 3 for the 3-book subscription, 4 or more for the 11-book subscription. Then BookSwim ships multiple books at a time to the customer.

I was curious about the weights of books, so I grabbed a few Larry Niven/Jerry Pournelle novels off my recently read stack and weighed them on my kitchen scale:

Fallen Angels (with Michael Flynn) in paperback: 0.48 pounds

Inferno in trade paperback: 0.51 pounds

Escape from Hell in hardcover: 1.27 pounds

It looks like paperbacks will never exceed the two-pound mark. However, I can see larger hardcovers getting into excess-weight fees, especially technical nonfiction:

GPU Gems 3 by Hubert Nguyen: 3.8 pounds

Physically Based Rendering by Matt Pharr and Greg Humphreys: 5.77 pounds

Fortunately, the fees would be low: only an extra $1.40 each way for the latter book based on the published media mail rates, cheap compared with its current $74.36 price on Amazon.com.

One might think about using BookSwim to rent textbooks. At $120 for four months' use of seven textbooks, this would be a great idea...except they thought of it first, and they don't do that. BookSwim has a separate service to help students find textbooks, but it's nothing like the regular subscriptions; mostly it consists of referring customers to BookRenter.com, where textbooks rent for a large fraction of their retail price.

In its online media kit, BookSwim addresses the obvious question: why not just go to a library?

The company's answer includes these main points: no late fees, 24-hour browsing, a wider selection, less waiting for popular titles, and no need to leave home.

I'm not persuaded by all of these reasons. I don't believe BookSwim's selection is as wide as a major city library. The Martin Luther King Jr. Library here in San Jose claims a collection of over 1.5 million items. And its catalog can be searched online, like most libraries these days. BookSwim's selling points probably mean more to customers who don't have a big library nearby.

I suspect the waiting-list and convenience issues will favor one side or the other, depending on the customer and the books they're reading.

The page also says this about BookSwim's selection: "Can't find a book on BookSwim.com? Let us know and we'll buy it!"

If I really believed that was true without restriction, I'd sign up in a hurry, since there are many more technical books I'd love to read that are way out of my price range. Rare books would be another great way to take advantage of this promise, and it would also seem to provide a way to get textbooks through BookSwim. The promise doesn't appear in the company's Terms of Use agreement, however, so it probably isn't meant to be taken literally.

All in all, BookSwim seems like a pretty good deal for avid readers. It seems to make the most sense for people who like to read popular, new hardcover books, especially if they read a lot, don't care to keep all the books they read, and prefer to use their spare time for reading rather than running to the library.

That summary may sound like a narrow market, but it fits me pretty well, and I think it could make a decent business for BookSwim.

[gameraboy]

Um, how about free libraries? I just don't understand this product.

[Peter Glaskowsky]

As I said in the piece, the company offers reasons why BookSwim may be better than libraries, basically revolving around selection and convenience. I think they make the comparison look better than it really is. For a lot of people, the library is the right way to go. On the other hand, there are also a lot of people today who buy books on Amazon mostly because of the convenience, and then end up with books they don't intend to read again, so they give them away. BookSwim could offer similar convenience but at a lower price.

[julieg1264]

This sounds great. I live in an unincorporated area and our property taxes do no include library. We have to pay that out of our pockets if we chose to have library cards. Love the convenience of this as well.

[pjhenry1216]

How much would the library cost as compared to this?

[yanchineseguy]

I agree with Peter that this can serve a niche market, but I am doubtful that their business model will allow them to survive. The sending of multiple books at a time, though it makes sense for BookSwim, seems to be too restrictive for users.

[brigadoonmd]

I simply don't get it... if you're an avid reader, then surely it is more economical to invest in a Kindle or e-Reader. Right now on eBay, there?s a Sony e-Reader for $130. Therefore your payback is approx. 6-months. You get to keep the books without the issue of physical storage and you get them instantly? not waiting for snail-mail.

If money or use of electronics is an issue, then use the library? otherwise, electronic books are the way to go. Sorry, but I disagree with the author?s ?thumbs-up?.

[Peter Glaskowsky]

I really only think this is a good deal for a certain class of customer. If a fair number of those people can be persuaded to maintain memberships with BookSwim, I think the company can support itself. On the other hand, if BookSwim spends a lot of money chasing customers who just aren't interested, that would be a problem.

I have a Sony Reader and a Kindle, and I've written about them a lot here. They're great for prose-- text that you read more or less linearly-- but they're almost useless for technical non-fiction, especially anything with illustrations, like reference books or textbooks. There's very little of that kind of material available for e-book readers because those e-ink screens just don't have the speed or resolution to display detailed figures.

Also, even for fiction, the selection of e-books is relatively limited compared with paper books. It's a matter of how you shop for books. If you go to the Kindle store just looking for something interesting to read, you'll probably find something you'll enjoy. But if you're looking for a particular book, there's a good chance you won't find a Kindle version.

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[bookworm62x]

Booksfree.com has been doing this since 2000. They offer paperback and audiobook plans and their prices are far less.

[Peter Glaskowsky]

Thanks for the link-- it's good to know about another option.

[jenf2000]

I live in an area where the library system is terrible and as an avid reader I have used both Bookswim and Paperspine.com. From a service, selection and especially price perspective Paperspine is a much better value.

[Peter Glaskowsky]

Thanks for that link too.