Xref: utzoo sci.math:5096 sci.physics:5138 comp.edu:1543 Path: utzoo!utgpu!watmath!clyde!att!osu-cis!tut.cis.ohio-state.edu!mailrus!uflorida!novavax!maddoxt From: maddoxt@novavax.UUCP (Thomas Maddox) Newsgroups: sci.math,sci.physics,comp.edu Subject: Re: the high cost of text books! Message-ID: <841@novavax.UUCP> Date: 12 Dec 88 07:55:17 GMT References: <278@heurikon.UUCP> <6304@killer.DALLAS.TX.US> <4959@bsu-cs.UUCP> Reply-To: maddoxt@novavax.UUCP (Thomas Maddox) Organization: Nova University, Fort Lauderdale, Florida Lines: 48 In article <4959@bsu-cs.UUCP> dhesi@bsu-cs.UUCP (Rahul Dhesi) writes: >In article <6304@killer.DALLAS.TX.US> elg@killer.DALLAS.TX.US (Eric Green) >writes: >>...your local bookstore gets a >>VERY small percentage of that cover price. The reasoning of the >>publisher is, "they have a guaranteed market and sell hundreds of the >>things, so they don't need a big margin". > >The bookstore decides what margin it wants; publishers have no say in >deciding at what price a bookstore will sell textbooks. Unless things have changed radically in bookstores in recent years, bookstores in most instances follow publishers' prices with essentially mindless fidelity. The baselines used to be these: "trade book" (hardcover, large paperback)--discounted 40% to the bookseller (he pays $6.00 for a $10.00 book); "textbook" (a classification assigned by the publisher and including not only books obviously intended only as texts but certain others that the publishers had found sold *mostly* as texts)--discounted 20% to the bookseller (he pays $8. 00 for a $10.00 book); miscellaneous others at 30% (small paperbacks gotten from a local wholesaler, etc.); certain very privileged books (ones that the publisher is hustling, such as very large run popular novels)--50% (i.e., what a retailer expects on damned near everything). In all these instances, the bookseller pays postage (both ways on returns, quite common with texts). So if you want to know why obscene operations such as Waldenbooks and B. Dalton are taking over the world, look at these figures to begin with. Then consider the commented-upon fact that publishers no longer can take a tax break on backstock and that most mundane of facts, the high price of mailing books. Combined with computerization of the book trade, these add up to an oligopoly of massive wholesaler sells to massive retailer, and the individual bookseller, once the backbone of the trade, struggles at best. One could probably tell a similar story about grocery stores. Anyone want to comment upon, add to, or update these figures?