I've read Ingram Spark's page on how returns work, but I'm still a bit confused. It's noted that the cost of returned books is needed against the proceeds of book sales, but I'm not sure that I understand what 'proceeds' means in this case. Does that mean the publisher compensation? If so...what happens if the publisher compensation is lower per copy than the wholesale price of a book?
Let's say that the list price for my book is $14.99 and the publisher compensation is $1.50 per copy, and that a 55% wholesale discount is offered. The wholesale price is $6.75. If I sell five copies and one is returned...would I only get $0.75 in payment?
If two copies were returned, would I end up owing Ingram Spark money?
Let's say that the list price for my book is $14.99 and the publisher compensation is $1.50 per copy, and that a 55% wholesale discount is offered. The wholesale price is $6.75. If I sell five copies and one is returned...would I only get $0.75 in payment?
If two copies were returned, would I end up owing Ingram Spark money?