SpeakerNet News Compilations
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Here are the responses that I received about my request for advice on selling books to stores on consignment.
-- Joanne V. Lichten
BookMarketing Plus, a wholesaler, provides books to Barnes & Noble at 55% discount. They pay consignment 90 days after the sale. They recycle books. If returns come in, they turn around and send them out to next customer.
Ingram expects a 55% discount, they pay 90 days after books shipped. If returns, Ingram send back to author and bill for shipping.
-- Marcia Reynolds
- 1-2 books: 20%
- 3-9 books: 30%
- 10+: 40%
- Chains expect 40% regardless
-- Stan Jones
40% if they buy and 30% on consignment - just use a receipt.
-- Rick Crandall
- 40% - full consignment
- Amazon 55% (store + wholesaler discounts) or 40%
-- Jim Donovan
DON'T give to bookstores on consignment (still trying to collect from 1996). Sell books at 50% instead.
Try selling on places other than bookstores.