Canelo / Arts Council England |
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Literature in the 21st Century: Understanding Models of Support for Literary Fiction
publisher £2214. Minus the distribution fee, this comes out at £1660.50,
or £2.76 a book, which covers the production costs and leaves a little
over. However, if the bookseller then returns 300 copies the publisher
would be billed for the £1077 those copies represent. The distributor
keeps their cut, but for the publisher any gain has been wiped out, they
are looking at a serious loss on those copies and now they have the
unsold stock to deal with. Sales of the remaining 1400 will have to go
through indies, events, direct and online. These routes can all work,
but each has challenges of its own. Whichever way one looks at it, this
system of bookselling leaves little for either the publisher or the author
to survive on.
Aside from the picture described above, many writers are starting to
question what it is publishers do. The extensive ‘Do You Love Your
Publisher?’ survey found that most authors were happy with their
publisher’s editorial and design work – 70% thought it was good or
excellent.
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Few, however, felt communication, feedback or marketing
was up to scratch. If authors are to be supported, their books must be
too – and the sense was that this aspect of publishers’ work was being
neglected. In our survey, 82% of respondents felt that publishers were
investing less resource into marketing than they used to, or needed
to. Writers felt, broadly, that publishers were largely abrogating their
marketing responsibility.
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http://www.thebookseller.com/news/authors-call-better-communication-publishers
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