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Last month I did a blog series called Publishing 101, taking the reader through the four basic choices an aspiring author has to choose from. In this series, I talked about the antiquated return policy in the book industry and how that’s hurting many publishers (and, in turn, authors). This came across the Twitter-wire today: Revenue Reality of a Bestseller Read it. It’s an eye opener. In the royalty statement shown, the author sold over 7,000 in a six-month sales period. In that same amount of time, over 10,000 books were RETURNED. What a waste. Which is why I’m getting myself a Kindle next week. Yep. Finally. Birthday gift or no, I’m getting a Kindle. eReaders will not be the end of books, but I hope they will be the end of the over-printing-to-fill-bloated-bookstore-orders-just-because-they-can-return-them antiquated policy. They say it’s the #1 item on Amazon’s Wish List this year, and I can see why. Put the profits back in the hands of the authors. Now head on over to my monthly Book Addict blog for some Yuletide Gift ideas!
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1 Comment posted on "Publishing Realities"
Authors Christine & Ethan Rose on August 4th, 2010 at 2:00 pm #
[...] case you missed my post on Publishing Realities, you can read it here, complete with NYTimes Best Selling Royalty [...] Post a comment
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