Please read through and agree to the following aspects of this consignment contract.
Please print page two (2) of this contract or email it to consignment@watermarkbooks.com, sign it, and have two (2) copies with you when you bring your books into the store.
If you have questions after reading these, please contact us at the above email address.
- We will accept five (5) books per author (even if multiple titles) per contract term. Bring the copies of the book(s) you would like to place on consignment to Watermark Books & Café during business hours.
- Print and sign two (2) copies of the contract – one contract per title – and bring them into Watermark. Pay the $50.00 stocking fee to Watermark Books & Café.
- Once the contract has been signed and the fee is paid, Watermark will add your title to our Indie Commerce database to sell books online at www.watermarkbooks.com, in addition to displaying the books in our designated local authors section. Watermark is under no obligation to review, promote, or prominently display the consigned books beyond placing them on the designated shelves.
- The contract goes for a term of 90 days. The Author will receive 60% of the retail price on books sold, and Watermark will receive 40% of the retail price on books sold.
- Watermark issues ACH payment for books sold on consignment at the end of each month. For example, if your contract expires any day in March, payment will be issued at the end of March. Direct Deposit information must be submitted to receive payment.
- If a consigned book sells out before the end of the contract term, Watermark will contact the Author or Representative to request more copies and initiate a new contract. No fee will be required to re-stock books.
- If a consignment book sells some, but not all, copies, the Author or Representative will be given the option to renew the consignment contract for another 90-day term for the remaining copies.
- If a consigned book does not sell by the end of the contract term, the books will be pulled from the shelves, and the Author or Representative will be notified that the contract has expired. The Author or Representative will have a 30-day grace period from the end of the 90-day contract to collect the books.
- If at the end of the 30-day grace period the Author or Representative has not claimed the books, the books will be considered abandoned and will become the property of Watermark Books & Café. We will donate the books to the literacy charity of our choice.
- Watermark Books & Café is not financially responsible for theft or damages incurred while on display.