Showing posts with label RRR. Show all posts
Showing posts with label RRR. Show all posts

Sunday, 11 January 2015

Win, win, win on the sale or return issue



The perils of sale or return
This can be a real sticking point for small publisher and book sellers. It can upset a very carefully designed financial plan that otherwise means the publisher doesn’t   pay any upfront production costs until the book is sold. It can leave the publisher out of pocket and can prevent the writer from receiving royalties.
If publishers don’t offer sale or return, they are not attractive to the book seller. The book shop only has so much shelf space. They can’t keep books that are not selling there forever. They need to sell books.

What return actually means
Usually if books are indeed returned they are not sell-able. They may have had stickers put on.  They may have been man-handled. They will have traveled around quite a lot.  It’s relatively common practice for the bookseller to remove the covers and return just those to the publisher as proof that the book has not been sold. If mass printed conventionally, that’s probably 20p per copy, so perhaps bearable. However, if the publisher is using print on demand as many small publishers now do, the unit cost is considerably higher – pounds not pence. In both cases, it’s also common practice to set this loss against royalties earned. The author is not charged for the loss but shares the loss with the publisher.