3 ms·
The published MSRP is an issue, but generally books are available at wholesale for 40% off. So there is still a decent margin to start from, rent and staffing q
by jimminy 11y ago
The published MSRP is an issue, but generally books are available at wholesale for 40% off. So there is still a decent margin to start from, rent and staffing quickly eat into that cut. It's all about sales volume. Most mainstream hardcovers are around $16-35; after markup would be about $6.40-$14/copy in gross profit.
I used to work at an independent bookstore that had a niche for local and regional(WV/Appalachia) authors and stories. This worked great as we were in a tourist area, so the influx of new customers was readily available.
For local customers we offered custom orders, to address issues with limited supply. Though it would be cheaper to go to Amazon, a large portion of the community are artists and craftsmen so they liked to encourage the local economy.