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Showing posts from August, 2015

Many unhappy returns

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Print-on-demand (POD) technology and, especially Amazon.com, has changed book royalty reporting and payment dramatically. A Butler's Life was first published by Frederic C. Beil Publisher , and as in most traditional publishing practices, I received a royalty statement twice a year, roughly three months after the end of the reporting period, to allow for returns by bookstores to be deducted from your sales. Bookstores, that pay roughly half the list price to begin with, are also given the option of returning unsold titles at little or no penalty. So if Barnes & Noble orders six of your title and after a set amount of time determines that your book isn't likely to sell out, they cut their stock losses and ship your book back. What is Amazon.com greatest at? Data collection. So being able to generate a report that tracks sales, borrows, etc. is a no-brainer to them and doesn't require three months of sorting through invoices to tabulate. Amazon Kindle, which represen