LANDERS PLAZA – Random first year Megan Duncan, an upcoming sophomore at University of Ohio, was very open-minded and incredibly receptive to a new book sales concept that the CEO asked her about during her sandwich break on the sidewalk outside of his office today. The CEO had been “kicking the idea around for a few months now” about creating what he calls “book vending machines” following in the same concept of Redbox DVD rentals. The CEO spotted the first year having a peanut butter and jelly outside his window, so he stepped outdoors and introduced himself to the new dealer. Duncan considered the idea to be a “potential goldmine” recalling how “like, tons of families go to Redbox, and if you did these books like that, just think about how much money you’d make.” The two agreed, and plans have now moved forward on what sources estimate to be a $750 million corporate investment.
Random First Year Highly Receptive to CEO’s New Idea