|Posted on Friday, November 03, 2006 - 01:23 pm: |
Not sure if this has ever been brought up before here, but how do all these companies get new copies to sell on Amazon at a fraction of the cover price? Some of them seem to be warehouses who stock CDs and DVDs as well.. And some of them are just bookstores like Powells Books who also sell online.
Is it common that the amount of money a publisher receives, and therefore the author's royalty, is dependant on the price the outlet sells at (be it a bookstore or an online seller like on Amazon)? If this is the case, authors must be getting royalties now that are 15% (or whatever their % is) of something like $1 (the price the Amazon companies can sometimes sell at), rather than 15% of the regular cover price.
I'm not talking about individuals who sell used copies - that seems a bit more unavoidable. But how do these companies even get new copies? Does this have something to do with the distributor? No one has been able to explain this to me.
|Posted on Friday, November 03, 2006 - 11:31 pm: |
Most anyone who wants to buy in bulk can get a 40 percent discount off the cover. So what they sell it at simply depends on their mark-up. If they are willing to have a lower mark-up then they can sell at a lower price.
|Posted on Saturday, November 04, 2006 - 12:50 am: |
Okay, but is it common for the publisher to give you a royalty that is based on whatever price the bookstore chooses to sell at?
|Posted on Saturday, November 04, 2006 - 07:00 am: |
No - usually it is on the cover price, though there are of course all kinds of other ways, particularly with smaller publishers.