How much can one get from writing a book?
If the publisher sells a book, how many % does the author take?***********************
Discount is King, and Free is grandaddy of all Kings!Industry averages are worked around approx 8% of “net” sales.
So sell book at avg price of $25 x 10,000 units x 8% = $20,000
Lots of variables involved like earning back advances, returns to publisher, increasing royalty % based on quantity sold (after costs covered), other costs like freight/promotion etc.
G’day Fullout,
Standard rates for “unknown” authors are approx 7%-10% of retail price, depending on several things.
Bryce Courtney / J K Rowlings (spelling?), etc probably get a fair bit more….
I am also guessing that McKnight Enterprises Pty Ltd might be in a position to negotiate another percentage point or two when “From 131 – 700 Properties in Another 3.5 Years” comes out….
Have a good one,
BDM
i heard Robert Kiyosaki say he earnt about US$2 per book, which I thought wasn;t very much. But he also said he was selling 200,000 copies of Rich Dad Poor Dad in Japan alone that year.
Terryw
Discover Home Loans
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
wow,
so the author spends tousands of hours writing , editing, etc, and then in the end the publisher gets more profit than the author?
I am going to be a publisher
***********************
Discount is King, and Free is grandaddy of all Kings!Of course, you can be like all the failed sharetraders and write an online course, sell for $500 and keep the lot!
(Oh I am cynical aren’t I[}
])Cheers
Wayne
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