|By PR Newswire||
|March 5, 2014 11:08 AM EST||
PHILADELPHIA, March 5, 2014 /PRNewswire-iReach/ -- Biggest Ever One-Store Comic Giveaway
In the biggest comic book giveaway ever by one store, www.NewKadia.com, the world's largest online comic book store, announced today a giveaway of up to $50,000 in comic books. It also announced the comic book industry's first unlimited free shipping program.
In the giveaway, NewKadia will select 400 winners at random (4 each day through June 12, 2014) said Jim Drucker, NewKadia's CEO. Each day, four people can win up to $550 in gift cards which can be used to buy any of NewKadia's 724,392 back-issue comic books. No purchase is necessary. Contest rules and entry instructions are at www.NewKadia.com/Win.
Unlimited Free Shipping
NewKadia's free shipping program was modeled after Amazon Prime, Drucker said. For $9.99, a customer gets unlimited free shipping in the USA for 4 months. "It's unlimited free shipping with no exceptions – you can place 1 or 100 or more orders or buy 100,000 or more comics and shipping is free for all of them," said Drucker.
The giveaway and free shipping program celebrate the 15 millionth online shopper at NewKadia.com, who visited March 2, according to Drucker, citing data provided by Google Analytics and Alexa, a subsidiary of Amazon.
"Blockbuster super-hero movies have ignited interest in comics and the 1.6 million shoppers who shopped at NewKadia in 2013 verify that," said Drucker. NewKadia opened January 1, 2000 and its website, www.NewKadia.com is now the world's most visited online-only comic book store. It has been in continuous operation since January 1, 2000, longer than any other online-only comic book store.
72 Tons of Comics
NewKadia's inventory of 724,392 comics weighs 72 tons. If piled on top of one another, they would reach 7,129 feet high -- four times the height of the Empire State Building. If placed end to end, they would stretch 110 miles, the distance from New York to Philadelphia.
NewKadia's best-selling comic is Amazing Spider-Man comic books. X-Men comic books, Fantastic Four comic books, Avengers comic books, Batman comic books, Wolverine comic books, Classics Illustrated comics, Thor, Iron Man and Hulk comic books round out the Top 10.
NewKadia.com is the world's largest internet-only comic book store.
NewKadia began operations on January 1, 2000. Among stores with no brick and mortar outlet, NewKadia is the longest continuously operating online comic book store.
Over 1.6 shoppers visited NewKadia.com in 2013.
The average customer spends over 10 minutes per visit at NewKadia.
NewKadia.com has shipped orders to customers in 105 countries.
Inventory includes over 725,000 comic books and trade paperbacks, representing nearly every comic book title ever published.
The best selling comic book is "Amazing Spider-Man" and it has topped the store's monthly best seller list for 168 of the 170 months since January of 2000 (when NewKadia opened).
Trademarks & Patents
NewKadia.com and the NewKadia-Man figure are registered trademarks of NewKadia.com, Inc.
NewKadia.com opened for business on January 1, 2000. The first three orders came from customers in Casper, Wyoming, Sydney, Australia, and New York City. Since then, NewKadia has attracted customers from 105 countries, and from every continent except Antarctica.
NewKadia's fulfillment center is based in Norristown, PA, a suburb of Philadelphia.
Supply and Demand Pricing
A unique aspect of NewKadia is its proprietary algorithm that adjusts the price of every comic book every day. When a book goes on sale, its initial price is the value published for it in the Overstreet Comic Book Price Guide. Then, every day that the book remains unsold, its price drops. In this way, its actual sale price is what a customer is willing to pay for it, rather than an arbitrary figure created by a price guide that is updated only once each year. In addition, the price of each issue decreases as the number of copies in stock increases.
Ownership and Management
Jim Drucker, NewKadia's CEO, is the company's majority stockholder. Drucker's earlier 25-year career in pro sports was highlighted by his time as Commissioner of the Continental Basketball Association (1978-86) and Arena Football League (1994-96), and as ESPN's Legal Correspondent (1989-94). He was the owner and CEO of Global Sports, a production company that produced over 100 live sporting events for ESPN and regional sports networks and was nominated for two Emmy Awards. USA Today once called him "one of the most creative minds in sports". He retired in 1999.
In 2000, he founded NewKadia.com, with the goal of creating the most profitable comic book store in the world. Drucker is married and lives in Plymouth Meeting, PA.
Media Contact: Jim Drucker, NewKadia.com, 610-277-3000, [email protected]
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