There are a lot of predatory practices in the publishing industry, but one I only discovered after I published my first novel is the prevalence of book resellers. What’s a book reseller? Well, they’re just like any reseller. They buy things cheap or at-cost, then mark up the price and skim the profit off the top for themselves. They’re nothing new. Back when I worked retail in my college days, we’d have resellers who would come in and buy all our printers when they went on sale. It got to the point where managers would limit them to one per person because they knew nobody needed THAT many of the same printer and that they were just turning around and selling them for a higher price on eBay. Book resellers work in pretty much the same way. They’ll make a listing on eBay, Amazon, and other 3rd-party market websites and offer YOUR physical book at a higher price than you sell it for.
Wait where are they getting my book? I keep track of my sales. How are they doing this? Where are they getting their stock?
The answer – from you.