How do I buy books from publishers to re-sell?
I want to start a web-based business selling books. If I buy the books directly from the publisher, do I have to pay them what I'm going to sell them for? My website will be similar to amazon.com but focused on travel books.
You simply buy at wholesale and sell at retail, and in the book business, wholesale is typically 40 to 70 percent off of retail.
All publishers have a volume system, however, and if you start to deal in large volumes of sales, you can always negotiate a better rate.
Brad Sugars is the founder and chairman of ActionCOACH. As an entrepreneur, author and business coach, he has owned and operated more than two dozen companies including his main company, ActionCOACH, which has more than 1,000 offices in 34 countries.