Paradise Press has received an order for a single copy of The Bexhill Missile Crisis from a leading London bookshop. The store demands a 35 percent discount on the retail price (£2.80 off £7.99). They expect us (me) to pay the postage (another £1.68 first class). The cost of the book from the printer works out at £3.61 per copy. Totting that up, you will see that I make a loss of 10 pence on this sale (that's 15 cents for US readers) - not including the cost of a jiffy bag and wear-and-tear on my shoes getting to the post office. If I mail it second class I can actually make a profit of 7 pence (11 cents) - about the price of the jiffy bag!. Bulk orders allow me a slightly better margin, as does a sale direct from the Paradise Press website.
I am paying people to read my book! Funny old world, isn't it? I could, of course, raise the book price, but £7.99 seems a fair (and competitive) price for a 215-page novel.
Do all authors have this problem?
I am paying people to read my book! Funny old world, isn't it? I could, of course, raise the book price, but £7.99 seems a fair (and competitive) price for a 215-page novel.
Do all authors have this problem?