These vary between bookshops and may be anything between 35%-68% on the selling price which in many instances means they are making far more than you. For example your book cost you R20 to print and is sold in a book store for R100 the bookshop will take about 45% (this figure is pretty average with bookshops) and this means you get R55 less your printing cost of R20 and you end up with a profit of only R35. This isn’t very much considering you’ve done all the work!
More importantly is this: If a bookshop negotiates a fixed buying price from you at 45% and they decide to mark up on your accepted and confirmed price to R140, they will still only pay you your R55 even though they are selling your book for R140. This means they get R85 profit. Remember of course that bookshops have high overheads and have to pay rent and salaries from the profit of books sold. Rents are usually 41% and salaries about 35%. These figures could change however if there is extra commission paid to the book distributor who supplies the book to the bookshop. There is another way to look at this: Let’s presume a bookshop takes 50% of your profit - for every two books they sell, by marketing your own book you would only need to sell one to get the same profit.
When it comes to the fees the publisher takes, this is an entirely different ball game and may well involve agents fees and commissions in addition to the publishers fees. A publisher will carry all costs and authors usually receive royalties of around 8-10% of net receipts (i.e. what the publisher receives for books sold) and this is generally payable twice a year. The publisher would more than likely set the retail price for your book and he reserves the right to raise or reduce the price. The publisher also signs a one year contract with you and this means that the publishing house has sole and exclusive rights to your book – you won’t be able to sell your own book. Once the contract has ended however, the publisher usually gets first option to renew the contract and if you decide not to renew the contract the sole rights go straight back to you the author. It’s with all these facts in mind that motivated us into creating a self publishing CD available on this website under “library”. Everyone deserves a chance to sell their written work regardless of the topic.
PROMOTE YOUR WORK IN THE LIBRARY
GET THE E-BOOK ON SELF PUBLISHING
Printed Books

eBooks




