Saturday, January 23, 2010

Book Chat-The Price of Books

Ilona Andrews has posted a fascinating post on her site about the price of books and discounts.  She gives us a GENERAL idea about the breakdown of the cost of book.  For example, she takes a $7.99 book and breaks down who gets what percent of the profit and what costs they incur during the process. 

She also answers one of my biggest questions.  "Who takes the cut from books sold from discounted retailers such as Walmart or Target". 

Go check it out, it is really very interesting. 

I always thought the authors made more, but I am beginning to realize how many hands go into the making of the books we love.  Where you surprised by the number of people involved?

*Thank you Ilona and Gordon!


Book Monster said...

That's sort of shocking, never expected that!! Thanks for informing people!!

Charlotte (The Book on the Hill) said...

Wow, these numbers were quite unexpected... Thanks for sharing Elie.

Lea said...

That sounds interesting *runs off to check it out*

Thanks for the link :)

Ivana said...

Since I'm an aspiring writer myself, I've been reading a lot of blogs by people in the industry (agents, editors, publishers, retailers...) and I'm not surprised with this. In fact, I even know an author from an Indi publisher, and she is actually $3 per book short after selling her books on Amazon. Scary. But it's a business like every other.

Alyssa said...

I actually already had a good idea of this, but only because I've worked pretty close to publishing before. It's a good reminder that to support the authors we need to buy lots of books. Which, of course, I don't have a problem fulfilling. :)

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