Show me the money!
In other words, how does this all break down into dollars and cents?
In the interest of true transparency, to prove this isn’t just a bunch of touchy-feely repackaging of the same old stuff, we are willing to show you a sample of how our financials break down on a per book basis. We really aren’t kidding, we want to be open about all of this!
Official Looking Note: this is for illustrative purposes only. This is our “standard” agreement; the percentages can and do change for each project depending on many factors. Examples of such instances include:
- The book has already been professionally edited (and meets Booktrope standards).
- Author would like to act as their own Book Manager (and meets Booktrope requirements for the role).
- A participant not represented below is brought into the team, such as an illustrator.
- A unique situation that we haven’t envisioned yet!
In each of the above cases, the agreement would vary from that shown below and therefore the percentages and monetary distribution would change.
*Ebook Discount is based on 30% fee for online sale. Revenue is calculated at 70% of ebook price for above $2.99, minus $.10 download charge. (average based on Amazon rates — actual download charge ranges from about $.03 to $.20 depending on book size) For books priced below 2.99 revenue is 35%, based on Amazon Kindle program.
**Please note that actual book setup costs and marketing costs may be deducted before revenue is allocated to the Creative Team. Costs above minimum levels are subject to pre-approval.
*** “Finance” role refers to provider of funding for book setup charges, initial marketing budget / expenses, sales efforts, out-of-pocket costs for book preparation, etc. Booktrope may fulfill this role, or it may be taken by other parties (“Book Angels”) The percentage shown for finance role is paid to the party providing the funding. Budget per book depends on various factors including price of sample copies, target market, and estimated sales.