Often asked: What To Price Your Indie Print Book?

How much do indie authors make per book?

Self-published authors can make between 40% – 60% royalties on a single book sale while traditionally published authors usually make between 10%-12% royalties. First-time authors who want to traditionally publish can get an advance, which is usually $10,000 (usually not that much more for a first-timer).

How many copies does the average indie book sell?

One publisher of an independent press told me that most indie press books sell — not BookScan — about 1,500 copies, with 3,000 being good sales. Even then, the publisher stressed, an author selling 3,000 is really just paying for themselves.

How much should I charge for paperback?

Paperbacks: Usually between $9.99 and $19.99, depending on length and subject matter. Length matters more for print books due to the cost of manufacturing. (Discussed further below.) Hardcovers: It is impossible to be price competitive with traditionally published books if you are using print-on-demand (POD).

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How much should a 300 page book cost?

For a typical 300-page paperback, you could be looking at a cost of something like $9 or more. With that cost, you’d end up charging $18 for your paperback to get a 100% markup.

Is self-publishing worth it?

Whether or not self-publishing or getting a publisher is better relies entirely upon your own goals and resources. If you want to have far more creative control but pay a little more upfront (with the knowledge you also make a lot more in royalties), self-publishing is the best route.

Is writing a book profitable?

Average book authors don’t make a lot of money. But you can, even if you gave away all your books. You receive an advance and 10% royalties on net profit from each book. If your book retails at $25 per copy, you would need to sell at least 4,000 copies to break even on a $5,000 advance.

How many copies do first time authors sell?

The average traditionally published non-fiction book sells about 250-300 copies in the first year, but when we manage a book launch, our target is to sell 1,000 copies in the first 3 months. Why 1,000?

How much do first time authors make?

As we can see from many authors and agents the average first time author is projected to earn around $10,000 for their new book. After you pay your agent and invest in promotion, there isn’t much left over.

How much do authors make a year 2020?

This figure can vary from $15,080 to $127,816 per year, depending on experience, the writing subject matter, contract terms and book sales. Regarding book sales, as with many business owners, a novelist’s salary can fluctuate depending on the amount of product sold.

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How do you price books?

Here are ten tips to help you price your books profitably.

  1. Choose the retail price wisely.
  2. Pricing your book is an art, not a science.
  3. Price your book based on its value.
  4. Do not price your book using an “X-time-cost” formula.
  5. Do not price your book the same as competitive books.
  6. Look at your price differently.

Why did Amazon change the price of my book?

Usually, Amazon will change a book’s price because: its knowledge base indicates that you will sell more books at that price than the one you chose. the book is already doing well and it thinks it will sell even better with a discount.

How much do bookstores pay for books?

How much do bookstores buy books for? We have found that bookstores buy books on average for 25% of the price to buy them new. This allows the store to mark them up 50%, but also offer a discount to their customers. So, if a book is $20 in the store, they will buy it second hand for $5.

What is a reasonable price for a book?

Pricing a Fiction Book If your book is a 375-page novel, it’s reasonable to ask $16.95 for it. Most average-sized trade paperback novels fall into the $13.95 to $17.95 price range.

What is the typical markup on books?

You should have at least 100% margin on anything you buy to sell. The sweet spot is 200-300% Your net margin will be much lower probaly more like 10-20% after you factor in overhead. The prices you will get for selling on Amazon is more like true wholesale prices then retail.

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How much does an author make per book?

A traditionally published author makes 5–20% royalties on print books, usually 25% on ebooks (though can be less), and 10–25% on audiobooks.

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