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After your bookselling decisions, begin to market - click here for more information and suggestions. Early Book Selling Decisions To Make For Success Beginning to set a purchase price | Shipping and Handling Background Information | Design Ideas
With most genealogy and history books, one should not expect to make up all of the expenses of gathering the information and producing a manuscript, as well as the publishing costs, with a small printing. Many times a book has been years in the making and to distribute total cost out over even 500 books would make the books much more expensive then most buyers can afford. That
said, with few exceptions, the purchase price of a book should cover the
publishing costs. Two other things that may be included in costs when
choosing a retail price are shipping and handling as well
as a wholesale discount. However, with the rise of Print on Demand,
publishers are seeing more books printed expressly for gifts. With gift
books, the author should either tailor the book project to come in within a se Setting your retail or purchase price is important and should be done fairly early. When setting your retail price, determine the general cost, estimating on the side of caution if exact total costs are unavailable to you before publishing. A word of caution however, do not set the sales price before you have a good idea of what your costs will be. Many authors set a retail price too early - often, even before choosing someone to produce the book.
Once you have arrived at specific general publishing costs, one should decide if they will include shipping and handling in retail or add it on top. For many years, including shipping and handling for a one price only cost was appealing. In today's society though, everyone is getting used to adding S&H and depending on your S&H fee structure, this may actually encourage larger orders.
To the
figure you have thus far, one may want to add an amount for
"profit". Additionally, one may
choose to offer their book to other bookstores. The publishing world
recognizes a universal 40% of retail (sale price) as "wholesale"
purchase price. Because of
this, once you arrive at a price you are comfortable with, if you want to offer
the book for wholesale, add 40% or more to arrive at your retail price. Pre-publication price/sale: If you don't already know who your target audience is for your book, it's not to early too start finding out. Once you know who your audience (potential buyers) is, contact them before your book is back from the publishers. Extend them the courtesy of a special price (we suggest at least $10 off or 30-40%, if it has been built in) if they send you a paid order by the publication date. We find that giving people around a month works well for postal contacts. Email and phone contacts wouldn't need quite as long. If you decided to go with a wholesale price as discussed last issue, you could offer the same price as pre-publication or a higher one. By
extending a pre-publication special, you single out customers and make them feel
special in addition to
With pre-publication sales, consider
offering, in addition to the pre-publication payment discount, something special
about those paid books. It could be author signed, numbered, include a
color photo page, color divider pages, custom frontice piece, or an improved
binding for an extra charge. If the publishing project is for softbound
books, offer a hardbound collectors edition price in addition to the regular
discount softbound edition. If going the hardbound/softbound marketing
route, don't forget to market to your libraries, especially if you are able to
offer the hardbound edition for not much more than the standard retail for the
softbound edition
Don't overlook selling your books to bookstores - especially if you've built in a wholesale price. Most bookstores (both chain and independent) have a local interest section. Contact all bookstores (don't overlook the "biggies" like Books-A-Million, Barnes & Noble, etc.) by phone to set up an appointment. Arrive on time, with either an Advanced Reading Copy (ARC) as an example, or the actual book in hand. Please note that most book stores will expect a 40% discount from retail and may require return privledges. About shipping and handling: (standard Gregath shipping materials) As mentioned above, shipping and handling can be added to the retail price for a all inclusive cost or "one price only cost". It can also be applied as an added fee, if mailing (which gives handling FREE to those not shipped). Regardless, it is in the seller's best interest to choose a method of shipping and arrive at a cost for both shipping and handling before marketing.
Overseas orders? Most overseas book buyers realize there may be additional expense in ordering. Because of this, usually this is not addressed specifically. However, if you wish, it is always nice, when possible, to add a line to the extent of "orders outside of the USA, contact for additional charges".
There are several different classes of mail for the USPS. However, for book mailing the two classes (unless the seller is, or partnered with, a library) best used for individual book sales are first class and media mail:
As with any class of mail, media mail has some rules you may not be aware of. One of which is that no billing invoice or advertisement may be placed in the mailing - such as additional book order forms or "other titles available" material. As always when sending through the post office, packing slip/inventory with arrival address is still encouraged.
UPS
and FedEx:
Third party stores and
businesses:
For the author who has more than one book in print, if they wish to repackage their books into ready to mail, individual packages, the outside of each box should be marked with the title. This should be done the same way (red marker, white label, etc.) and placed in the same approximate place on the package (bottom/center, left on one end, below the return address, etc.) for easy reference. Please note that some carriers have restrictions on additional print. Currently, most are OK with markings as long as they are not distracting from the delivery information. USPS also recommends nothing be printed below the delivery address on the addressed side of the package.
References:
For more suggestions, order our book: Page Last Updated: May 07, 2008Home Page > Book Preparation Tips > Getting Started/Bookselling |
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