Book Quote by Ravi Subramanian
“The royalty any author gets is dependent on his track record and marketability and often on the price of his book, too. The higher you price a book, the more comfortable your publisher will be in paying you a higher royalty.”
About This Quote
Source Book: The Financial Times Guide to Publishing, 2015
Royalty rates are tied to an author's past sales success and the book's price; higher prices usually lead to higher royalty percentages.
In simple terms: Royalties depend on sales history and book price.
Key Takeaway
Negotiate based on track record and pricing.
Themes
publishing
finance
author earnings
market dynamics
Mood
analytical
pragmatic
Type
business
financial
advisory
When to use this quote
- book launch
- contract negotiation
- pricing decisions
- marketing campaigns
Key Concepts
royalty structures
pricing strategy
author reputation
Questions to Reflect On
- How does pricing affect readership?
- What data supports higher royalty rates?
A Different Perspective
Higher prices may limit sales volume, reducing overall earnings.
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