alt Hacker NewsLove the price transparency, the obvious followup question is where the other ~85% of the pie goes when I buy a ~50€ paper book, if the author only earns a little under 15%?
I imagine printing will be about 2 to 5€, if it's not ultra cheap print on demand refuse. Is the rest all for publishers and Amazon dot com?
Replies
Amazon takes the lion’s share, and then the rest of the pie looks very different depending on which route you go. Big publishers print in batches and have very low print/distribution costs. I ended up on the other end of the spectrum, self-publishing with Lulu (print-on-demand, so much higher costs). I wrote an article in French on exploring the economics of textbooks, from the open-source point of view, a few years back: https://framablog.org/2022/01/20/mais-ou-sont-les-livres-uni...
Following up with actual numbers for the project, from Lulu, in Euros: List Price 43 Print cost 11 Distribution fees (read: Amazon, 50% of selling price): 21.5 Lulu share of profit : 2 Rest to author: 8,5
Because of the different prices on different locales in different currencies the actual share I receive averages 7€ (gross revenue before income tax, although in my case the yearly income is too small to trigger it where I live).
For books sold directly on Lulu List price 43 Print cost 11 Lulu share of profit: 6.5 Rest to author: 25.5
The mindset should not be "this is all that’s left for me", however: a book is many things at once and for better or for worse, Amazon creates a big part of it. Kevin kelly has some excellent advice at https://kk.org/thetechnium/everything-i-know-about-self-publ...