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Thread: Residents' Book Exchange or Loan Club

  1. #61
    Join Date
    Nov 2008
    Location
    USJ
    Posts
    334
    I had client who used our company's application for his books distribution business. During that time, 3 factors made the street price so expensive.

    1. Currency conversion - eg when a US dollar was traded at RM 2.50, our program rate put it as RM 5.00. Likewise the British pound was RM 10.00 when it was RM 6.60. The conversion rate is agreed upon and regulated by their guild association.

    2. 30% written off loss - assuming that 30% of his books on consignment would be returned by the bookshops/retailers when they become unsaleable after a period of 6 months (off the best seller list) or due to poor book conditions based on Malaysia's high reading habits at the bookshelf rather than their houses. The soiled or badly handled books were then disposed at the second hand market at 50% - 70% discount. Some are even disposed off at the nominal written off value of RM 1.00. Some are even donated to foundations.

    3. The shipping cost of best sellers where they are flown in. And based on small quantity shipped in, the high handling and shipping cost is not helping either.

    And of course their profit margin. But generally this business depends on volume sales. The big boys are making their money from institutional buyers and their presence at shopping mall is to create best sellers and textbooks awareness and this helps in their sale to their institutional buyers.

  2. #62
    Join Date
    Oct 2008
    Location
    SS14, Subang Jaya
    Posts
    406
    Quote Originally Posted by jan tomaswaki
    Fully agree! Do it once,do it now and do it right!
    Will work on it... do give me some time...
    Rajiv Rishyakaran
    Ahli Majlis MPSJ Zon 1

    Tel: 012-3111585,Fax: 03-56350230
    Email: rajiv@dapsj.com
    Blog: http://www.rajiv4malaysia.com/
    Twitter: http://twitter.com/rajiv4malaysia
    Facebook: http://www.facebook.com/rajiv4malaysia

  3. #63
    Join Date
    Sep 1999
    Location
    USJ
    Posts
    5,103
    Quote Originally Posted by Sentinel
    Can''t be lah, Patrick. I buy books everywhere I go, mainly at airport lounges, the cheapest books are in the US and yes... the little red dot city in the south. I just bought The Innocent Man by John Grisham for USD7.99 and the price at MPH Gurney Plaza here in Penang says MYR59.80.... I also bought Dan Brown's Deception Point for MYR60.90 but it was only SGD18.80 down at Changi Terminal 2....
    Ok...here's what my grand niece bought when she was back here recently. Both paperback...1. The Magician's Guild 2. the Novice ...both at RM 32.95. She said she would have to pay 7.99pounds in London or about RM46! I rest my case!! But to me, they are still expensive!!

  4. #64
    Join Date
    Jan 2006
    Location
    Bolehland
    Posts
    10,615
    Quote Originally Posted by patrick
    Ok...here's what my grand niece bought when she was back here recently. Both paperback...1. The Magician's Guild 2. the Novice ...both at RM 32.95. She said she would have to pay 7.99pounds in London or about RM46! I rest my case!! But to me, they are still expensive!!
    I believe you but I find it hard to understand.

    I just checked the book Meinkampf by Adolf Hitler on the internet, which I paid 2 weeks ago for more that RM100 for it, is at 19 which is more costly than here....

  5. #65
    Join Date
    Jan 2007
    Location
    USJ 2
    Posts
    558
    there was an article in nst some time back about this issue: http://nylusmilk.wordpress.com/2007/...ks-are-priced/

  6. #66
    Join Date
    Apr 2008
    Location
    pj
    Posts
    23
    Adolf Hitler - Mein Kampf - English Translation

    http://www.mininova.org/tor/2516515

  7. #67
    Join Date
    Jan 2006
    Location
    Bolehland
    Posts
    10,615
    Quote Originally Posted by Sentinel
    IDEA !!!

    Instead of just the Teh Tarek sessions once a month for us old folks, why not organize a Sunday morning breakfast meeting in the air-conditioned room of Syed Bistro EVERY SUNDAY afternoon 2.30pm - 5.00pm and all the residents and kids can bring their books and exchange there and meet each other and exchange email, facebook and whatever addresses. This will definitely build a better SJ/USJ/Putra Heights community. Hannah Yeoh can start the ball rolling and go public with it....
    I am re-posting the above coz I think we all forumers, like one ex-PM, "lekas lupa" as I really think its a great idea and we should all work at it.

  8. #68
    Join Date
    Sep 1999
    Location
    USJ
    Posts
    5,103
    Quote Originally Posted by Sentinel
    I believe you but I find it hard to understand.

    I just checked the book Meinkampf by Adolf Hitler on the internet, which I paid 2 weeks ago for more that RM100 for it, is at 19 which is more costly than here....
    Ha ha...like you, I too find it hard to comprehend why books should be soooo expensive these days! Regardless whether it's in RM or whatever, it is relatively still costly! How to inculcate a reading culture when books are at these level of pricing??? Only the rich can afford to read more!!

  9. #69
    Join Date
    Feb 2009
    Location
    MY Home
    Posts
    8,639
    Build up neighbourhood Library Formula For People from the people, by the people instead of F1 Formula Car by many people, from a lot of people for just few people!

  10. #70
    Join Date
    Sep 1999
    Location
    USJ
    Posts
    5,103
    Quote Originally Posted by Sentinel
    I am re-posting the above coz I think we all forumers, like one ex-PM, "lekas lupa" as I really think its a great idea and we should all work at it.
    Sentinel, why dont you take the initiative and champion it! That would be great. And maybe the YB or councillor can support you by hosting the light tea and kueh for all present?

  11. #71
    Join Date
    Jan 2006
    Location
    Bolehland
    Posts
    10,615
    Quote Originally Posted by patrick
    Sentinel, why dont you take the initiative and champion it! That would be great. And maybe the YB or councillor can support you by hosting the light tea and kueh for all present?
    I am Penang-based lah but still I will take that challenge.

  12. #72
    Join Date
    Jan 2006
    Location
    Bolehland
    Posts
    10,615
    Quote Originally Posted by patrick
    Sentinel, why dont you take the initiative and champion it! That would be great. And maybe the YB or councillor can support you by hosting the light tea and kueh for all present?
    I have sent an email on the idea of a Subang Jaya Book Xchange to your favourite ADUN YB Hannah Yeoh and she has sms'ed me saying she will take a look at it.

  13. #73
    Join Date
    Dec 2007
    Location
    Taman Subang Mewah
    Posts
    390
    Quote Originally Posted by Sentinel
    I have sent an email on the idea of a Subang Jaya Book Xchange to your favourite ADUN YB Hannah Yeoh and she has sms'ed me saying she will take a look at it.
    good job..................keep it up............people who walk the talk..........are to be respected............all the way from penang too.
    http://blogsportcom-carol.blogspot.com/

  14. #74
    Join Date
    Jan 2006
    Location
    Bolehland
    Posts
    10,615
    YB Hannah sent an email saying she's working with councillor Rajiv to set up the weekend book xchange... most likely at MPSJ premises...

  15. #75
    Join Date
    Sep 1999
    Location
    USJ
    Posts
    5,103
    Quote Originally Posted by Sentinel
    YB Hannah sent an email saying she's working with councillor Rajiv to set up the weekend book xchange... most likely at MPSJ premises...
    Man of action!! Salute....salute....salute!! Well done! You are certainly no NATO!

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