Saturday, 29 September 2012

Technical Author Contract

technical author contract"technical author contract"
What percentage of a book's cover price usually belongs to the author?

I understand that the percentages can vary greatly, depending on a multitude of factors, among them the specific terms of the negotiated contract between the author (and/or his/her agent) and the publishing company. But assuming it is a popular technical book, though not necessarily a bestseller, by a first-time author (and no literary agent involved), I am looking for an idea on the generally practiced/acceptable market range.


By technical book, I assume you mean a nonfiction work that has a limited audience. If that's the case, you can expect to make about a dollar on every ten dollar book (retail) that you sell IF you are selling through a legitimate publisher. Standard percentages vary from ten to fifteen percent of the book's cover price with many publishers, so if the book retails for more than $10, you can make a bit more per book.

The sad thing is, unless your book becomes a bestseller or you have a terrific, motivated agent pushing it to foreign markets, it's VERY difficult to make money on a single book of any kind these days. Publishers are hurting, nationwide. In fact, the US produced about 20% fewer new books in 2005 than they did the previous year. Nonfiction books often sell ONLY to a small audience and never get much attention unless you can get on Oprah.

I write fantasy books for a major publisher and even though fantasy is very hot these days, it still takes a lot of effort to get a book noticed. Fortunately, Amazon and B&N and all the other online e-tailers do a great job of getting a book's title in front of the entire planet. That doesn't necessarily hold true with nonfiction titles, though.

Keep in mind, the dollar royalty you make off your $10 book is subject to 1)taxes; 2)returns; 3)self promotional costs and 4)other expenses that may reduce your bottom line to about $.25 per book of actual, in-your-pocket cash. Truth be known, betting on the horses is probably about as good of a return as publishing a book. I know--I've been there.

Good luck, whatever you decide!

FiveStarAuthor


20 Rousseau, Social Contract, I-II part 3/4









technical author contract
technical author contract

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