I have been in the book business
for 40 years serving private schools through out the USA. I started my own business in 1993 purchasing from Book Publishers and distributors. We have an excellent reputation with suppliers and accounts. Mcgraw-Hill Publishers has sold to us over the years with credit lines exceeding $250,000. We have always paid our bills and they have never stopped filling our orders until ay 31, 2012. I received a email stating the foll.owing.
I regret to inform you that McGraw-Hill School Education has discovered that Educational Sales Company (ESCO) is not eligible to receive school net pricing and that the discount will be removed from ESCO’s account effective immediately. This is due to the discovery of a violation of the reseller agreement. ESCO sells used McGraw-Hill Education titles.
The agreement states, “These pricing terms are offered by the above-referenced Divisions only on the condition that the Reseller (either itself or through an affiliate, i.e., any person or entity that controls or is controlled by Reseller) does not provide or sell to schools used, currently in-print, McGraw-Hill titles published by these Divisions. In the event McGraw-Hill determines that a violation of these conditions has occurred, McGraw-Hill will no longer accept the Reseller's orders for purchase at school net price of titles from any of the McGraw-Hill Education Group divisions.”
For your convenience, I have attached a copy of the signed reseller agreement and below, I have provided screen shots of ESCO’s web pages which prove the violation.
This industry have evolved from schools handling their own bookstore on campus. They found that with the internet the students have access to purchase used textbooks from many sources and found that they were not able to provide a on campus bookstore service to there students. During the past 5 years we have contracted with the schools to handle the textbook needs exclusively on line as their official school store. This service requires us to buy back books from students at the end of the year and make them available to the students at the same school at a reduced price. The new adoptions are ordered from the publisher as well as additional quantities as needed to take care of the demand from the students. WE service over 35,000 students and are committed to provide the text needed.
We currently have a need for over $100,000- $1 million worth of books from McGraw over the next 90 days. We have no intention to breach the agreement made in 2008. The difference now is we are doing the job that the schools once did relating to used books on campus. We need to somehow get McGraw-Hill Companies to understand and cooperate continue to sell to us.
Please help me in an effort to resolve ASAP