Norristown, PA -- (SBWire) -- 03/20/2015 --NewKadia.com, the world's largest comic book store, sold its 1,500,000th comic on March 19, 2015. NewKadia opened for business in 2000, and now sells approximately 200,000 comics per year, according to its CEO, Jim Drucker. The leading online only platform to buy comic books is growing at "about 3% per month."
NewKadia has sold comics to customers in all 50 states and to 92 countries on six continents around the globe. The 1,500,000th comic was sold to a new customer from Ithaca, NY, whose order consisted of four books, including the first issue of Incredible Hulk comics.
"A big reason for our growth is NewKadia.com's technology," said Drucker. "With 750,000 comics in stock, our algorithms adjust the price on a daily basis based on supply and demand. The more copies of an issue in stock, the lower the price of each one." As a result, NewKadia's customers determine the real value of every comic. A high tech inventory system further keeps costs down and permits NewKadia to price every comic lower than the value listed in the Overstreet Comic Book Price Guide, the industry pricing standard for comic books.
An important factor for growing repeat business, according to Drucker, is the company's "Comic Book Mind Reader" which recommends comic books to its customers based on their buying history. NewKadia's proprietary algorithm identifies each one of NewKadia's 90,000 customers who have bought the same comics as a different customer. Then, it identifies other comics those 90,000 customers bought that the customer hasn't, offering suggestions of which overlooked comics they will enjoy the most.
"It's like reading the minds of 90,000 comic book fans to find those with similar interest to recommend comics you've missed," said Drucker.
The average returning customer looking for comic books for sale online spends over $400 with NewKadia in the first three years as a customer. About 65% of its customers are male, and the majority are between 25 and 54 years old. The company offers same-day shipping in custom-designed shipping containers to ensure the comics remain intact through delivery. Visit their website to browse their extensive collection of affordable comic books.
About NewKadia.com
Based outside of Philadelphia, in Norristown, PA, 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.
In 2013, over 1.6 million shoppers visited NewKadia.com. Inventory includes over 625,000 comic books and trade paperbacks, representing nearly every comic book title ever published.
The store's best-selling title is "Amazing Spider-Man comic books" and it has topped the store's monthly best seller list in 178 of the 180 months NewKadia has been open for business.
To schedule interviews with Jim Drucker or get more information about NewKadia.com, contact Peter Key, 484 463-8359, peterkey@comcast.net
For more information, please visit http://www.newkadia.com
