How Are My Book Sales
Calculated and Credited?
(to preview an Author Sales System Report, click
here)
Self publishing allows you some
unique ways to make a profit on your book sales.
Your Net Sales Profit dollars through Dog Ear Publishing
are paid quarterly, within 30 days after the quarter
ends, and include all sales accrued during that
period. Sale Payments from books sold directly through
a Retail or Wholesale customer (typically Amazon,
Barnes and Noble, Ingram, Baker and Taylor, etc.)
are paid upon receipt of the payment from the customer.
Net Sales Profit is not paid for books sold on consignment
- until the payment has been received from the retail
establishment.
Remember, since in most cases
we are producing books one-at-a-time (via print-on-demand)
to fill incoming orders from customers, you won't
have any out-of-pocket expense for book printing
after investing in the initial book publishing package
- you simply receives your Net Sales Profit on every
copy sold, every three months. In the traditional
book publishing world - due to arrangements allowing
booksellers to return unsold copies, trade publishers
pay royalties much less frequently and generally
for a period that ends six or twelve months previously
- and you have NO control over the per book profit
amount.
But - we do our book sales a little
bit different (and we think far better) than others.
We don't pay you royalties...
It's YOUR BOOK! We simply charge the cost of printing
your book (and any handling or shipping fees - see
below). You may make as little or as much money
as you like on each book - and you are in control
of that by how you set your retail price.
Here's how we calculate your Net
Sales Profit:
All sales are credited at the
sold price of the book (this may vary - see below*)
MINUS the Printing Cost (which you will know before
we even set up our agreements) MINUS any handling
fees or shipping.
SO... There are typically TWO
ways books get sold:
1) Through "distribution'
- which is places like Amazon, Barnes & Noble,
other retailers and wholesale outlets like Ingram
and Baker & Taylor distributors.
2) Direct to consumer - books
can also be sold direct to the consumer via one
of our marketing tools such as our Open for Business
author e-commerce site.
Here's how it works. Let's say
for the sake of example that the book has a $14.95
retail and a $6.03 Printing Cost.
Distribution Sales - (also called 'wholesale orders')
You may choose (and most authors
do) to allow "volume pricing" and "wholesale
pricing" on your book. This allows Retailers
and Distributors to buy your book at a discount
so that they may then in turn sell it to others
- some of these folks are the infamous "middle
men". The downside is that you get less for
each book - the upside (which most often far outweighs
the down) is that you get tremendous exposure, you
sell may sell more books, and in general become
rich, famous, and live happily ever after - well,
maybe not ALL those things, but the sales process
is very very simple. The typical discount for wholesalers,
retailers, and distributors is at or above 50% but
we can work with you to set a discount that is appropriate
for both your market and your book. We typically
recommend discount rates from 40% to 55%.
There IS NO HANLDING FEE for Bookstore
and Wholesale orders.
Here's the scenario:
The Worlds Greatest Bookstore
calls and wants your book - its retail price (which
you set) is $14.95
They want 500.
You are offering a 40% discount
(which you have also set)…
So $14.95 minus 40% is $8.97 (I
know, wow… what a deal)
They pay $8.97, the cost doesn't
change from $6.03, NO Handling Fee - so - your net
sales profit is $2.94 per book… sounds disheartening
until you realize that in one fell swoop you just
sold 500 books at a net sale of nearly $1,500! Not
to mention the fact that you book is now 500 times
more likely to grab someone's attention than it
was yesterday. As with everything in life there
are upsides and downsides...
Direct to Consumer Sales - (also
called 'retail' sales)
These sales are either direct
by you the consumer, or via a system like our Open
for Business product.
For simplicity we'll say your
book is sold at its Retail Price of $14.95
The Production Cost (printing)
is $6.03 per copy
Our Handling Fee is $2.00
YOUR Net Sales Profit is
$14.95 - $6.03 - $2.00 = $6.92 - PAID TO YOU
That's nearly a 50% profit on
each book sold at the retail price!
Considering that an 8% Royalty
is HUGE in the traditional world, 50% is amazing.
As a matter of fact, the way we credit sales to
our authors is unique in the industry and give all
our authors the chance to make as much money as
they feel is fair.
Would you like a bigger profit
on your books? If the market allows it and your
feel your book can command it - set a higher price!
For example, we raise the price of your book to
$17.95, your net sales rises to $9.93 per book.
Want even MORE? Sell your book
yourself - and we'll help you with the tools to
do so. Check our our e-marketing solutions.