Hi Guys
I was hoping that someone may be able to check what I have written here to see if I have made a mistaken assumption.
I have a Paperback Novel (Emergence)
It is ~400 Pages (5by8 inches) and a Print on Demand title with IngramSpark
ISBN - 978-0-9930779-0-6
I have just sent off the Gardners Waterstones Trading Application Form - stating I will do a 45% Discount (I was advised that this is the minimum.)
My cover price is £8.99
So if Waterstones "place an order" ... perhaps via a Customer Walk-In Request at a local store.
Then I am not sure what happens:
a) Do they send the order to Gardners, who send it to me, and then I send a copy of the book to the Gardners warehouse?
b) Do they send a POD order to IngramSpark for direct fulfillment to the Gardners warehouse?
If (a), then the numbers are difficult...
If I have no inventory at home
IngramSpark will charge me £7.69 for a single print run copy sent to the UK
So I lose out £7.69 - (£8.99*55%)
If I have books in my garage ... I can order ~50/100 from IngramSpark (carrying the inventory risk myself)... a bulk order like that will cost me £4.50 per unit... but then Waterstones will only pay £8.99*55% = £4.94 - and it will cost me ~£1.50 to send the book to Gardners Warehouse
If (b) ... then I am not sure how it works either - but Amazon order my POD from IngramSpark and I do make 30p per copy ... so either (i) Amazon are not taking much of a percentage off the £8.99, or (ii) Amazon have a bulk-arrangement with IngramSpark to avoid all the extra (handling costs / per unit costs)
Anyway... if someone knows the Maths/Economics then please drop me a line here
thanks
nick
I was hoping that someone may be able to check what I have written here to see if I have made a mistaken assumption.
I have a Paperback Novel (Emergence)
It is ~400 Pages (5by8 inches) and a Print on Demand title with IngramSpark
ISBN - 978-0-9930779-0-6
I have just sent off the Gardners Waterstones Trading Application Form - stating I will do a 45% Discount (I was advised that this is the minimum.)
My cover price is £8.99
So if Waterstones "place an order" ... perhaps via a Customer Walk-In Request at a local store.
Then I am not sure what happens:
a) Do they send the order to Gardners, who send it to me, and then I send a copy of the book to the Gardners warehouse?
b) Do they send a POD order to IngramSpark for direct fulfillment to the Gardners warehouse?
If (a), then the numbers are difficult...
If I have no inventory at home
IngramSpark will charge me £7.69 for a single print run copy sent to the UK
So I lose out £7.69 - (£8.99*55%)
If I have books in my garage ... I can order ~50/100 from IngramSpark (carrying the inventory risk myself)... a bulk order like that will cost me £4.50 per unit... but then Waterstones will only pay £8.99*55% = £4.94 - and it will cost me ~£1.50 to send the book to Gardners Warehouse
If (b) ... then I am not sure how it works either - but Amazon order my POD from IngramSpark and I do make 30p per copy ... so either (i) Amazon are not taking much of a percentage off the £8.99, or (ii) Amazon have a bulk-arrangement with IngramSpark to avoid all the extra (handling costs / per unit costs)
Anyway... if someone knows the Maths/Economics then please drop me a line here
thanks
nick