Editorial Manager Webinar Nov 3rd
October 28, 2008
Klopotek is hosting a webinar for their new and very affordable Editorial Planner software. Read the press release below; Read more
Royalty Contracts and Income Taxes
June 10, 2008
Many small and some medium sized book publishers overlook the income tax reporting reporting requirements of the Internal Revenue Service. Read more
Royalty Contracts and eBooks
June 9, 2008
As book publishing consultants we have a birds-eye view of the problems that book publishers face, and one problem involves ebooks and royalty contracts. Read more
Royalty Rates for Professional Books
May 30, 2008
What are the usual royalty rates for professional titles?
Based on our experience, the most common rate schedule for a professional title is:
10% on net receipts for sales of printed & ebooks to 2,499 copies
12.5% on net receipts for sales of 2500 to 4999 copies
15% on on net receipts for sales of 5000 and above
50% of the above royalty rate for sales of printed books made at a discount of 60% or higher
50% on net receipts for rights sales; permissions, bookclubs, television, etc.
No royalty on sales of printed books sold at less than cost
No reserve for future returns
Editorial Plan
May 30, 2008
An editorial plan outlines the publishing goals of a book publisher.
It sets forth, by subject area and acquistion editor, the number of manuscripts that the press intends to sign, the projected sales of those manuscripts, the manuscripts that the press expects to be turned in and the number of titles that will be published.
Example Editorial Plan:
2008:
Acquisitions: 5 Books (Cooking), 4 Books (Quilting)
2009
Acquisitions: 8 Books (Cooking), 6 Books Quilting, 2 Books (Fashion Design)
Manuscripts Received: 5 Books (Cooking), 4 Books (Quilting)
Publications Released: 5 Books (Cooking), 4 Books (Quilting
Literary Agents Boost Sales
May 29, 2008
When a client needs to quickly increase the number of titles released one tool to use is literary agents. These agents often have completed manuscripts waiting for a publisher.
The first step is to find literary agents that specialize in the subject matter favored by your press.
Then you need to contact the literary agent and let them know of your interest. We advise that you continue to contact them each month with an email to remind them of your interest, and keep them advised of your firm’s latest publications. Some clients send literary agents a post card with a cover image of each new book they publish in the agent’s subject area.
If you visit their city, take them out to lunch.
If you accept a manuscript from a literary agent send them a small momento or gift upon publication - some clients send them a framed cover of the book that highlights the publication date and press. The key is to give them something that will cause them to think of your firm when they receive a good manuscript.
Why this attention? Agents receive many manuscripts each year, and the big New York publishing houses can only accept a few. There are hundreds of publishers. You want the agent to think of your firm when a good manuscript is available. If all you do is send the agent an email or call them once a year, they will likely overlook your firm when considering which house to pitch a manuscript to.
