A UK publisherâ€™s lament: She loses more than Â£2 every time one of her books is sold on Amazon.
As Lynn Michell, publisher of the Scottish press Linen Press (â€œGreat writing for women, by womenâ€), explains in a commentary for the Guardian,
Amazon takes 60% of my RRP [cover price] (in the book trade, the bigger the sales outfit, the bigger the discount they demand from the publisher: Amazon 60%; Waterstones 50%; independent bookshop 35%). On a Â£11.99 book, Amazonâ€™s takings areï¿¡Â£7.20. Mine are Â£4.80.
Out of this comes Â£2.50 to pack and post the book to Amazon, and the authorâ€™s royalties on a heavily discounted book reduced to 50p. My writers lose out on an Amazon sale, too. That leaves 82p for Linen Press, but the book cost Â£4 to produce. So I lose Â£2.18 on every sale by Amazon.