10x more book royalties

Want to earn 10x from your book?

One of the first questions authors ask is when and how much will I earn from my book royalties.

Great question.

If you self-publish you will probably earn 10x more from your royalties.

Let me explain.

How do Publishers Calculate Book Royalties?

Lets start with traditional publishing companies - yuck! (sorry its a reflex).

Usually this is done based on "list royalties" or "retail royalties" - this means the gross sales price. So if your book is selling for £10.00 and your royalties is 10% of gross you will get £1.00 royalty from that sale.

NET sales is the alternative. This means that is your book retails for £10.00 but the postage and printing costs £4.00 then NET revenue is £6.00 and if your 10% royalty is based on the NET you would keep £0.60 from the sale.

Now, this is just for example purposes, but if you are traditionally published, this could be a all the royalties you get. Very small percentage.

Royalties are a big reason authors choose to self-publish with a company like Publishing Push. 

Using the example above but for self-publishing with us you would keep the entire £6.00 left over from your NET royalty.

That means a 10x increase in your royalty per book sold. That adds up to a huge difference over time.

📗 Just a quick reminder: if you haven’t done so already, you can submit your manuscript here.

Understanding Book Royalties: What Authors Need to Know

I decided to write an entire article on this topic.

Here are the key takeaways from the article:

• Definition and calculation of book royalties.

• Types of royalties (print, eBook, audiobook).

• Importance of understanding royalties for financial planning and publishing decisions.

• Factors influencing royalty rates (e.g., sales volume, licensing deals).

• How to negotiate favourable royalty terms.

• Common pitfalls in royalty negotiations.

• Case studies of successful and failed royalty negotiations.

For more detailed insights, you can visit the full article here.

Patrick ✌️