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Showing posts with the label royalties

"How Are the Book Sales Going?"

It's a question I get quite often, and sadly, the most correct answer is, "I don't know." With my first book, back in 2008, I really had no idea how well it was selling for almost two years, and even then the numbers I was given didn't mean much because I knew so little. Publishers pay an advance on a book when they offer a contract. The author gets "paid" in that way, except then the publisher holds that much money back from royalties as the book sells. If an author gets $100,000 (don't I wish), the book has to earn that much back for the publisher before she gets more money (It's called "selling through"). Add to that the fact that bookstores stock books with the understanding they can return them if they don't sell within a given time. That means a publisher can't count a sale as a sale until they get the returned books and subtract them from what really sold. (Confused yet? That's the current state of publishing.)