According to our meeting today, I like to summarise our mutual understanding regarding shop-in-shop arrangement as well as firm sale conditions. Please, therefore, find details below;
1. I like to offer shop-in-shop arrangement for Emporium and Simithivej Branches, which below conditions apply;
1.1 Revenue Sharing 30%
1.2 Credit Terms 60 Days
1.3 Only English Books from the Smith Project will be at shop space.
1.4 We will send rotate merchandiser staff to visit at least 2 day per week.
1.5 Books will deliver directly to store.
1.6 Amarin will responsible for lost, while we will responsible for damage.
1.7 We will see potential of expanding the same arrangement to Mega Bangna.
1.8 After first month operation, we will provide revenue projection.
1.9 Implementation - ASAP.
2. Firm sales
2.1 We will continue to replenish stock for existing stores.
2.2 We will provide information for imprints that extra 5% GP can be supplied. (up to 45%, while 40% still in effective).
2.3 We will create year-end suggested lists for your consideration with in this week.
Please feel free to let me know if I miss anything.
Regards,
Sirote J.