4 ms·
Very informative writup about a platform I had only heard of before. Some comments on book publishers: > A book publisher will happily give you better margins
by ivan_ah 11y ago
Very informative writup about a platform I had only heard of before.
Some comments on book publishers:
> A book publisher will happily give you better margins
>
No. If, an author makes 5% royalties on their book sales they're really lucky! Mainstream publishers must make a cut, so they'll only fork out a tiny percentage of the profits, which is a tiny percentage of the wholesale price, which is 45% of the list price (standard wholesale discount).
So 12% royalties, is really like 4-5% of profits, and if the book is sold with extra discount, we're dropping into the 2-3% range.
> than that AND print you high quality hard cover books
> while bending the world to sell it for you in the process.
>
More no. They'll put the book in a few catalogues, and maybe make a flyer or two. No world bending stuff.