One thing I've often wondered, Brenda. Do you make any money (directly or indirectly) when someone purchases your book from a remainder book store? I've always assumed you do, because the book has originally been purchased by a "new" book store, which has then failed to sell the book and sold on to a remainder store, so you must have made some money on the original purchase. But I've never been sure. Perhaps you only make money when the new book is purchased from the book store, rather than when the book store purchases it. (If you see what I mean)
Generally speaking, authors make no royalties on remaindered (sometimes called "publisher's overstock") books. And stores that sell those books aren't buying them from other booksellers, but directly from the publishers.
I don't know how these things work on your side of the pond, Neal, but here in the U.S., if a bookseller can't move a batch of books he returns them to the publisher for full credit. Publishers cut postage costs on returned paperback books by asking booksellers to strip the covers and return only those, discarding the books themselves. That's why you'll see the following notice on a book's copyright page:
If you purchased this book without a cover you should be aware that this book is stolen property. It was reported as "unsold and destroyed" to the publisher, and neither the author nor the publisher has received any payment for this "stripped book."
Now you're wondering where all those "remainder" books come from, since they're obviously not the unsold stock of other retail bookstores. They're purchased directly from publishers. When publishers print more books than they can sell, they attempt to recoup some of their production costs by peddling their overstock as steeply-discounted "remainders." They won't realize a profit on those books; they're simply trying to ease some of the hurt. The author receives nothing from the sale of such books because royalties are tied to the publisher's net profit. If the publisher is selling books at a loss, there's no money to share with the author.
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