Quote:
Originally Posted by DrDln
I think in digital books every body wins due to lower production cost. Because there is no printing, binding, shipping. The only losers will be traditional big publishing houses whose business will go down.
For example, the author on $5 digital makes $3.50 because the royalty is 70% and on $20 printed he makes $1.60 because the royalty is 8%. And the consumer saves $15 on the price of book. And the publisher makes rest with almost no overhead cost. This is my own real example.
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But there is still proofreading, editing, layout, graphic design, advertising, etc. Those are still costs you have to account for. And for the books that the authors skimp, or skip, that sort of thing, it really shows.
And in your examples, you need to realize, you only get those rates because you're cutting out the publishers, who normally would do all that I mentioned.