Christian Retailing

Member Area
ADVICE: Dear Betty PDF Print E-mail
Tuesday, 12 April 2011 04:59 PM EDT

In our store, we offer discounts to church ministries. Is 40% too much?

The percentage of discount given by church stores to other church ministries varies from store to store. Store philosophy determines the percentage of discounts, but common sense should not be overruled.

Not all inventory is purchased with the same discount, so a good business rule is to not give equal discounts for all products. For example, a book secured direct from the publisher might have an entirely different discount than the same book being purchased from a distributor. The difference could run as much as 15%-20%. But if the discount to the ministry never changes, then the profit the store receives varies book by book.

If your store is responsible for paying its own employees, buying its own inventory and any other operating expenses, then discounts are a major consideration.

Got a question for Betty Bookstore? Write to her at thechurchbookstore@charismamedia.com.

 

Add comment

Please note: While registration is not required to post comments, only registered users can access the advanced feature comment system. To register, click here.
To post a comment without registering, you must provide your "name" and "e-mail."

Under our terms of use, we reserve the right, at our sole discretion, to change, modify or delete your comments at any time without further notice. We also reserve the right to republish your comments in our print publication as a "letter to the editor."


Security code
Refresh

New Release Listing


a