Book Printing Price Increases
Book printing and distribution is a global process and subject to the growing effect of inflation. For example, paper prices have gone up some 17% recently. This has reduced the anount that comes back from a book trade sale, and on which royalties are paid.
For authors whose book have been published for some time, it could be that the retail price that was originally set, is now too low to be profitable. In some cases, this is insufficient marjin to pay royalties.
Normally, royalties are are split equally between the author and the publisher. In the case of the publisher, this amount contributes to managing prionting, distribution and the supply chain costs. This is approximately 10% of the retail price. Where the retail price is set too low to cover these costs, the authors royalty cannot not be paid.
Our strong recommendation is to increase the retail price to put this right and to ensure there is sufficient margin for royalties.
Please speak to us urgently if you think that this applies to you.
Chris Day – The Book Doctor
020 8688 2598