Selling
your book at wholesale pricing does mean you make less per sale, but the tradeoff is that your book is available to a wider audience and through more diverse channels.
In fact, we've had authors order OTHER authors»
books at wholesale prices when they knew they were going to be attending a major book event, because anytime you buy low and sell high you have a profit - generating opportunity.
They get to buy
your book at a wholesale price and resell it where they see fit.
Books have always been odd in the way they are sold and when the likes of Amazon and before them the big bookshops came along and cut the price they relied on buying
books at a wholesale price and selling them at a variable margin to make money.
Not exact matches
Prior to 2009, many publishers set a
wholesale price for e-books
at a 20 % discount from the equivalent physical
book,
at which point Amazon's $ 9.99
price point roughly matched the
wholesale price of many of its e-books.
All United States
book distributors should contact the sales and publishing staff
at Hawksflight & Associates for
wholesale pricing.
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AT WHOLESALE, Pls check Blue
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pricing.
Dog Ear Publishing allows you to set your
wholesale discount and
book retail
price at any level you like — most self - publishing companies do not.
Specializing in witnessing materials
at wholesale prices, Family Heritage
Books is proud to be a supporting ministry of the Seventh - day Adventist Church.
On top of that, bookstores buy
at wholesale discounts, meaning the asking
price of a
book has to be slashed by 30 - 55 % in most cases.
Discount: the percentage off the list
price at which booksellers buy the
book (results in the
wholesale price); industry standard discount is 55 %
Initially, publishers set their e-book list
prices at a few dollars off the print
price, and then gave Amazon a 50 percent discount, meaning that Amazon was receiving new
books at an average
wholesale price of about $ 12 — and was selling them for $ 9.99 and below.
I knew it only cost the publisher around $ 2 or $ 3 to print the
books, yet I was forced to purchase them
at a
wholesale «discount» of 50 % off the cover
price ($ 10 each!).
It paid the
wholesale price for some
books, but started selling them below cost
at $ 9.99.
Additionally, this
wholesale bookstore allows our authors the opportunity to offer their
books at the full, trade - discounted
prices to niche markets, smaller retailers, or specialty stores that might not otherwise have an account with Ingram or Baker & Taylor.
The
wholesale discount is so high that you will need to
price your
book at a high
price in order to make any money.
When bookstores and libraries buy your
book, they purchase it
at a discounted or
wholesale price because they need to make a profit.
We as readers can not know if the
book was sold to the retailer through a discount channel or
at normal
wholesale prices.
Most print and many e-
books are sold under the traditional
wholesale model, in which publishers sell
books at a discounted
price, and the retailer can resell them for whatever
price it likes.
They've tried to do that recently with some small presses, removing their titles from Amazon unless the presses agree to sell their
books at rock - bottom
wholesale prices.
I, like you, hope they fix these two major problems:
books not sold in Canada and
books not sold
at wholesale prices to authors.
If your
wholesale cost per
book is so high that it makes it difficult to sell
at a competitive
price, it may be worth considering republishing through a less expensive publisher (CreateSpace for black and white interior or Ingram Spark for color interior).
You set the
price, control the timing, buy
books at wholesale, plus you keep the rights and ALL of your royalties.
Make the
book returnable, and offer the 55 % Ingram distributor discount (which they then offer 40 % as a
wholesale discount to vendors) which means that in order to make a sliver of profit, you will have to set the retail
price at and around $ 12 - 14, depending.
In the
wholesale model, the
book publisher sells the
books to the retailer, and then the retailer can resell the
book at whatever
price it sees fit, usually
at a profit.
Martinez says: «Every
book you put in, we show what the
wholesale price is, what the minimum cost of the sale is, what the list
price is, and the cost of the
book, plus the shipping and handling, so you can discount all the way down and make no profits, Or you can sell it
at list
price.»
Once Amazon or any other retailer buys a
book at wholesale, they can sell it for whatever
price they want.
The difference is that publisher - authors don't mind
at all if Amazon discounts our
books as much as they like, as long as we get the same
wholesale price.
Prior to the agency model,
books were sold
at a
wholesale price and it was up to the retailer how much to charge customers, allowing Amazon to sell
at a loss in order to promote its Kindle ereaders.
If your
book is
priced at $ 15.00 and you set a 53 %
wholesale discount, the
wholesale price of the
book will be $ 7.05.
Like an advance, the amount you receive per
book sold (to a retailer
at the
wholesale price) will vary based on many factors, although typically it will be on the smaller side — say 6.5 % to 10 % for print editions (rates differ for paperbacks versus hardcovers) and 25 % for eBooks.
Would this lawsuit be happening if Apple had secured agreements with the Publishers to use the
wholesale model and Apple then announced
books would be sold solely
at the suggested retail
price?
If you want grocery store and airport distribution, be prepared to
wholesale your
books at 62.5 % off cover
price to a distributor.
The reason
books are cheaper for the Kindle is that Amazon has decided to suck up the difference between the
wholesale price and the
price they sell
at in order to reduce the
price of most
books to the same level.
They have teams of professionals — editors, designers, marketers, salespeople — working together to leverage huge distribution networks for massive catalogs of
book merchandise produced to be
wholesaled at 50 % off cover
price and still make money.
Publishers use
wholesale pricing for print
books: They set the
books» list
price; retailers buy the
books at a discount and can then resell them
at whatever
price they want.
Since the company was playing catch - up to some extent with Amazon's Kindle —
at least in the e-reader department — it came up with a way of getting the major publishing houses on its side: instead of the
wholesale -
pricing approach that existed prior to Apple's entry into the market, which gave retailers (including Amazon) the ability to set
book prices wherever they wanted, the agency model would allow publishers to set the
price.