Quote:
Originally Posted by Steven Lake
I'm actually starting to find that the books are only the foundation on which your income is made. Believe it or not, I've been doing some research into merchandising my books (ie, posters, bookmarks, dolls, etc) and so far from what I've seen of the results from other authors doing the same thing, depending on how memorable the book/characters/story is, or how popular, cute, cuddly, etc they are, pure merchandise can make up 50% or more of your income.
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Now this is bang on, think Alec Guinness. Took a royalty for playing Ben Kenobie, made a fortune in profits from action figure sales and the like. I met one author (friend of a friend) who substantiated it, too. No action figures on his part but he makes the income doing after dinner speeches, schools workshops and the like. I certainly intend to go that route.
Cheers
MTM