Book Royalties: How Publishers Pay Authors? - PowerPoint PPT Presentation

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Book Royalties: How Publishers Pay Authors?

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If there’s one thing first-time authors need to understand, it should be book royalties. First-time author? Find out what book royalties really are. – PowerPoint PPT presentation

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Title: Book Royalties: How Publishers Pay Authors?


1
Book Royalties How Publishers Pay Authors?
2
Understanding Book Royalties
  • Book publishing and/or marketing terminologies
    such as book royalties sound foreign to some
    authors, if not all. Thus, receiving a hundred
    percent of book royalties is music to the ears,
    until an author knows what book royalties mean.
    By definition, book royalties are a percentage of
    sales of a particular book. Needless to say, the
    hundred percent that book publishers refer to is
    the hundred percent an agreed percentage.
    First-time authors confuse book sales with book
    royalties.
  • This event is not entirely the fault of the
    authors. Out of desperation to close a sale,
    cunning sales agents omit parts of the whole
    truth. To fully convince authors, they only tell
    them what authors want to hear. Hence, they, the
    authors, remain oblivious to the whole truth of
    royalties. Malpractices in the book publishing
    industries involve fancy talks, fashioned with
    ill-intent, to charm authors.

3
How Self-Published Authors Obtain Their Share
  • When a book is purchased, authors assume
    immediately they obtain a hundred percent of the
    sale. Unfortunately, that is not how it works.
    There are things that authors need to consider
    share of the literary agent, share of the
    self-publishing industry, shipping fee, cost of
    print, and etc.

4
  • As a matter of fact, authors only get 8 of the
    retail price for the first 150, 000 copies sold
    for paperbacks. Then, two percent will be added
    once the number of sold copies exceed 150, 000.
    As for paperbacks, authors get 10 of the retail
    price for the first 5,000 copies. Thereafter, the
    royalty increases to 12.5 for the next 5,000
    copies sold. If the number of books sold exceeds
    10,000, the royalty increases to 15. These rates
    depend on the agreed terms between the author and
    the self-publishing firms, though these rates are
    typical.
  • These rates sound nothing like the 100
    royalties most publishers promised you, right?
    Surely, you cant just rely on your
    self-publishersconsider the services of online
    book marketers or online book publicists. As
    experts in the field of marketing, they ace in
    heightening your books visibility in a given
    timeline. Know more about the advantages of
    working with book publicists.

5
THANK YOU
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