Re:Barnes & Noble Set To Be Sold To Elliott Management For A...
by SOLAR_FIELDS on Friday June 07, 2019 @09:25PM
(#20130026)
Half price books has solved this in a rather ingenious way: they just sell the book for half of what the MSRP is on the cover. No need to tag anything, decent markup, and the price data is already there/doesn’t need to be created. It’s little efficiencies like this that make HPB one of the most successful brick and mortar bookstores out there.
[ Parent
| on HN ]
Re:Barnes & Noble Set To Be Sold To Elliott Management For A...
by omnimus on Saturday June 08, 2019 @04:29AM
(#20131303)
Selling books for half does not sound lik "decent" markup lol.
Re:Barnes & Noble Set To Be Sold To Elliott Management For A...
by SOLAR_FIELDS on Friday June 14, 2019 @12:15PM
(#20184166)
Considering they buy the books from people for something like 10% of the MSRP, it is definitely a decent markup for them.
Re:Barnes & Noble Set To Be Sold To Elliott Management For A...
by aasasd on Saturday June 08, 2019 @05:08AM
(#20131428)
Sounds more like the markup in MSRP is something like 500%. Which is not unexpected in retail.
Re:Barnes & Noble Set To Be Sold To Elliott Management For A...
by jschwartzi on Monday June 10, 2019 @01:48PM
(#20149003)
The longer you have to hold inventory, the more markup you should apply. Books probably have a fantastically long tail if you sort each one by rate of books sold per month or per year. Some books may sit on the shelves for several years before someone comes along and buys it.