In some cases, you may be lucky enough to have a local bookstore that can order your book. When a bookstore wants to order a small number of copies, they can choose to order from a book dealer. Unfortunately, even if your book is available from a dealer, your bookstore may still be reluctant to order it. There are other factors to consider, particularly practical ones regarding wholesale pricing and book returnability. This is where consignment sales come in. Consignment Sales If you’re new to consignment sales, it’s pretty simple. Basically, if a person has a product to sell but lacks a platform to sell it, they can arrange with a third-party vendor to sell the product for them. In exchange, the supplier will keep a portion of the profits from any sales.
Most stores charge a handling fee
Sites like Poshmark and Mercari are popular Customer Phone Number List examples of modern online consignment retailers, but its sales model goes way back. Many independent bookstores have consignment programs, but I highly recommend doing your research before participating in a consignment program. Some questions to consider are: What are the terms of the consignment agreement? and requires a contract before including books in its consignment program. For example, they might charge $25 per month per title (rather than per copy) and require a minimum six-month commitment. Please make sure you understand the terms and fees before making any commitments. What is the profit share? Remember, the key word here is profit.
Congratulations on breaking even
Part of the agreement is that the bookstore Aero Leads will take a cut of the profits from your book. Let’s say you have a 50/50 split agreement with the store and you sell your book for $20. The store earns $10 per sale and you earn $10 per sale. But keep in mind the cost of printing books. If you pay $10 to print and ship your book…I guess? If you paid more than $10 for your book, you are now losing money even though you are selling the book. Be sure to consider the differences between the bookstore and the author, and be sure to price your book accordingly.