New Edition of M&D
pynchonoid
pynchonoid at yahoo.com
Tue Aug 5 11:32:14 CDT 2003
--- Dave Monroe <monrovius at yahoo.com> wrote:
> During the M&D reading, remaindered copies were so
> abundant and cheap [...]
[...] WHERE TO FIND BOOKS TO SELL
This will seem strange, but the worst suppliers of
books for mail order selling are the major publishers.
true, they might have some good titles, but the
discounts they offer are much to low, usually 33% to
40% off retail.
You need a bare minimum of 50% discount on all books
that you sell, and if you can get 60 to 70% that's
even better. If you have sufficient capital to invest
in your book business, contact a few book remainder
companies.
Publishers Central Bureau, One Champion Ave.,Avenel,
NJ 07131 Book Sales, Inc.,110 Enterprise
Ave.,Secaucus, NJ 07094 Overstock Book Co.,120
Secatogue Ave.,Farmingdale, NY 11735 S & L sales
Company, PO Box 2067, Industrial Boulevard, Waycross,
GA 31502
The above are prominent companies at the time of this
writing, but circumstances are constantly changing.
Check your local library for current addresses.
If you are not familiar with the book remainder
business, this is how they generally operate:
Major publishers will carry a book for six months to a
year, then if it is not moving profitably, they will
sell all remaining copies to one of these companies
(often at 5 cents on the dollar) who, in turn, sells
it to retail book sellers. It's important to point out
that, just because a particular book title didn't sell
well in book stores does not necessarily mean it's a
lemon. It usually means that no effort was made to
promote it other than place it on the shelves in
stores. With the right kind of advertising and
thoughtful promotional methods, such books could
become very profitable to an alert mail order
bookseller.
Remainder books can often be purchased at up to 90%
off retail. Giving you a very high markup. But there
are two main drawbacks in dealing with book remainder
or overstock companies:
First, you have to pay cash up front for the books you
purchase, and these companies normally do not offer
return privileges. Thus if a company has a total of
20,000 copies of a single title and you buy 1,000 at
50 cents each, it's a great buy especially if you can
retail the book for $10 or $12...but it's still a $500
investment. If the book doesn't sell, you're out the
original cost of books, plus all advertising and
printing of sales literature that you have created for
it.
Second, if you hit on a good title that proves to be
hot and you sell out your first thousand copies,
you'll want to go back for the remaining 19,000...but
in the meantime the company might have already sold
them to someone else.
The bottom line on this subject is that dealing with
remainder houses is best left until you have
experience in choosing and selling books before making
a major investment in remainders. [...]
from:
"How To Build A $1,000 A Week Mail Order Book
Business"
<http://www.howtoadvice.com/MailBookBusiness>
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