indonesia furniture wholesale
If you are new to online book selling or just interested in finding out what the profit potential might be you want to be sure you have a realistic view of the market and its potential. I strive to do just that in this article. For the last five years I have been involved as a third party vendor on Amazon.com, Half.com, and other venues and then as a consultant to online booksellers with my daughter and business partner, Carissa. The aim of this article is to discuss the market potential of online selling.
Before we can answer the burning question of how profitable you can be we need to fill in some basic concepts. I will be covering three different markets for books. We will start with the market for new books fresh from the publisher then discuss the market for secondary books or seconds as they are called and finally the used book market. I will discuss sources, wholesale price (what they will cost you as the bookseller), retail price (what you can sell them for online) and how that relates to the business potential.
New Books
Typically new books can be purchased from a wholesaler starting at half the cover price. If you buy in bulk quantity you can get even better pricing. You can then list the books online for a competitive price to ensure you will sell the inventory you purchased while the book is new and the greatest numbers of people want to buy the book. As time progresses the initial demand is met and fewer people remain who want the book. Depending on how many books were published (and the supply / demand ratio) the price may go down, up, or stay the same.
The typical book will be discounted heavily by the retailers who were the largest purchasers of the book when sales start to wane. Since they paid the least for the book they have a wider margin and can still be profitable while discounting the sales price. The more popular the author and the more anticipated the book the quicker the price drops making it less profitable to the retailer. Large retailers will know they are betting on a sure thing and will buy large quantities and sell the book for a large discount from the first day it is on sale. The last few Harry Potter books fit into this category. For less popular books like text books you can actually get the cover price when the book is new. The best case scenario for new books is doubling your money.
Seconds
A retailer who ordered more books than they can sell places the extras back on the wholesale market as seconds hoping to recoup some of their money. If you purchase seconds you are buying books at a greatly discounted price at a time when the book’s retail price is likely to fall quickly. I have done extremely well with seconds in some limited cases. I have purchased a number of books for two dollars and sold them for fifteen dollars online. This was the exception rather than the rule and I typically only did as well as new books. The other factor is I seldom had over three percent of my sales as seconds. The profitable ones are just that scarce. The best case for seconds in my experience was on average to double your money much like new books.
Used Books
The last market is that of used books. The curious thing to me about this market is the relatively unrecognized value of used books. You see them everywhere in yard sales, thrift shops, flea markets, estate sales, church sales, auctions, and many other places. This was how I got started so many years ago. I went to a yard sale and saw a Masters Level text book on astronautical engineering. It looked brand new so I asked what they wanted for it. I bought it for a dollar and listed it on Amazon as an experiment. I sold it within three days for over forty dollars. I figured if I could buy a product for a dollar and sell it for over forty dollars I was in the game. It wasn’t quite that easy as I later found out but that one experience stayed in my mind. I kept careful statistics for the years we sold books online and I can tell you with certainty I am being conservative here. On average we paid one dollar for each book we listed and sold them for over ten dollars each.
In summary, you can see the used book market has huge potential for profit. The economic situation now is making the cheaper used books even more attractive to a wider market than ever before. Even in cases where someone is looking for a gift quality book, many are still purchasing used with a better condition rating. And for the seller, used books are typically cheaper to buy so it takes less capital to get started and the overhead can be quite small while offering the largest profit margins.
Copyright (c) 2009 Camden Books, Inc
Indonesia Furniture suppliers wholesalers, Indonesia Hotel Furniture manufacturers, suppliers and factory directory, find many product Hotel Furniture manufacturers, suppliers, factories, exporters and wholesalers easily on indonesia furniture and wholesale hotel furniture supplier.
We start our business as Indonesia furniture exporter in 1993 and growing rapidly until now. We declare ourselves as a manufacture and exporter company with legal entity as PT in Indonesia and similar to Public Limited Company (PLC) or an Ltd in the United Kingdom, Ireland or the United States. Aspects of Law and Administration we have had since inception of this company’s proofing our seriousness and commitment running this business.
WISANKA Indonesia which is consist of five divisions covered seven products range Indonesia wooden furniture, indoor teak, Indonesia rattan furniture and natural fibers, classic furniture, outdoor furniture, synthetic rattan , decorative lighting and hospitality furniture supplier. The idea is to be one-stop shop by offer multitude furniture product range to our clients moreover to create the opportunity for the company to sell more products.
We believe skill and depth knowledge of furniture are the main foundation for everyone in this company. By those strength and supported with premium design, we will deliver “value” to our customers. We would like to create wide target market not only limited for wholesaler and retailer but also projects including hotel furniture project, villa project, housing project or event restaurant project unexceptional private house and government office. During our 20 years existence in Indonesia Furniture Hotel Suppliers Wholesalers industry those target market is complete adequately.
Hotel and Resort Project Premier Line is well-versed hotel & resort furniture. We have furnished several hotel project in both Indonesia (Jakarta, Yogyakarta, Bali and Bandung) and countries abroad (Bulgaria, Sri Lanka, Jordan, Maldives, Bahrain, Austria, India, USA, Croatia, Panama, Australia, and UEA). Recognizing the essential between furniture and hotel industry, lead us to be well know hotel and resort furniture supplier
INDONESIA FURNITURE SUPPLIER WHOLESALERS
In wisanka, we are accustomed to serve various bedroom furniture for the needs of hotels with various levels ranging from 3 stars to 5 plus stars. there are various choices of material products as basic materials such as teak furniture, mahogany, natural rattan, and others. in addition we are also accustomed to work based on custom design wholesale furniture for hotels and resorts. Some of the best selling styles of furniture include modern bedroom furniture, classic luxury style bedroom furniture, contemporary and colonial bedroom furniture, antique reproduction bed sets, and more ...
do not hesitate to choose you as partner in supplying Wholesale furniture for hotel, restaurant, guest house or your resort.
WHOLESALE INDOOR AND OUTDOOR BAR, RESORT AND RESTAURANT FURNITURE SUPPLIER
This is the best place restaurant furniture supplier to find a wide selection of affordable outdoor furniture for your restaurant, bar, or resort. All of our outdoor restaurant furniture is specially designed for commercial, outside use. We're have restaurant tables and chairs, dining set furniture, outdoor bar furniture, park benches, cafe umbrellas, and more! So if you're furnishing an outside spot, we are sure to have what you're looking for!
On top of having the capability to endure all types of weather, our outdoor hospitality furniture is always listed at low sale prices. If you're looking for affordable, quality outdoor furniture for sale, you'll be happy you stopped by! Striving to be your one stop shop, we also carry a line of indoor restaurant furniture, for all your shopping needs! Let us furnish your restaurant, bistro, or café from the inside out! If you have any questions, our sales team would be more than pleased to assist you. Email us now... SEND INQUIRY
- Furniture for living room
- Wholesale Indonesian colonial furniture
- Teak furniture wholesale
- Outdoor furniture supplier
- Indonesia rattan
- Classic furniture Jepara
- Indoor furniture manufacture
- Wholesale Hotel Furniture Suppliers
- Hotel bedroom furniture suppliers
- Restaurant Furniture Supplier
- Hotel Chair Suppliers
- Wholesale teak furniture
- Banquet Table Suppliers
- Bar Stool Suppliers
- Wholesale Furniture Hotel Sets Suppliers
- Wholesale Hotel Room Suppliers
- Wholesale Furniture Hotel Suppliers
- Wholesale Indonesia Garden Furniture
- Restaurant Chair Manufacturers
- Wholesale Hotel Sofa Manufacturers
- Teak Root Furniture
- Wholesale Bedroom Furniture Manufacturers
- Wholesale Bed Manufacturers
- Luxury Bedroom Furniture Manufacturers
- Wholesale Furniture From Hotels Manufacturers
- Wood Hotel Furniture Manufacturers
- Wholesale Furniture Restaurant Manufacturers
- Contemporary Style Furniture
- Chairs Restaurant Manufacturers
- Indoor Furniture Manufacture
- Solid Wood Furniture Chairs Manufacturer