Scott Bradley
New Contributor
- Joined
- Feb 20, 2014
- Messages
- 33
Rep Bank
$120
$120
User Power: 27%
I have been a seller at Amazon and Ebay for the last 3 quarters.
I recently checked in with Ingram Book Company- a major distributor of books. Once they got my sales tax id and other documents, they let me in at ipage.
They have a discount structure, where 1-9 books, you get 35% off the SRP, and the most discount you can get is 43% off the publisher SRP.
For pretty EVERY item I have seen in their wholesale catalog, the amazon sell for price is equal to or lower than the SRP discounted at 40%. Therefore, if you sell it at the Amazon price, even at FBA, you will lose money.
The cost of buying the products and shipping them to the customer is equal to or higher than the revenue generated from sales.
For Instance: ISBN 145972352X
SRP = $22.99
35% off SRP = (22.99*.35 = 8.05 , 22.99-8.05) = cost of $14.94 per book
Amazon Price(FBA) = 18.75 free shipping - approximately 4 dollars shipping cost = 14.00
Gross profit = LOSS
I don't understand how the people at ingram think you can make money at this.
I recently checked in with Ingram Book Company- a major distributor of books. Once they got my sales tax id and other documents, they let me in at ipage.
They have a discount structure, where 1-9 books, you get 35% off the SRP, and the most discount you can get is 43% off the publisher SRP.
For pretty EVERY item I have seen in their wholesale catalog, the amazon sell for price is equal to or lower than the SRP discounted at 40%. Therefore, if you sell it at the Amazon price, even at FBA, you will lose money.
The cost of buying the products and shipping them to the customer is equal to or higher than the revenue generated from sales.
For Instance: ISBN 145972352X
SRP = $22.99
35% off SRP = (22.99*.35 = 8.05 , 22.99-8.05) = cost of $14.94 per book
Amazon Price(FBA) = 18.75 free shipping - approximately 4 dollars shipping cost = 14.00
Gross profit = LOSS
I don't understand how the people at ingram think you can make money at this.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
