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Entry tags:
P&Ls and how books make (or don't) money
Profit & Loss/Profitability & Liability: How Books Make (or Don't Make!) Money
A basic outline of what happens when an editor buys a book and wants to publish it. This is very much a basic look at publishing and publishing finance, with some explanation of terms commonly used by the marketing and sales departments.
A basic outline of what happens when an editor buys a book and wants to publish it. This is very much a basic look at publishing and publishing finance, with some explanation of terms commonly used by the marketing and sales departments.
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As someone who's been in the biz as a bookseller (worked at an indy for a couple of years); as a book buyer and now as an author, I thought I knew a LOT about the business and knew what I was getting into. Finding out the above now that I am published was the thing that I didn't know. It was a shocker.
It's a weird, scary, fascinating business - for all sides of the equation.
Thanks for the scoop!
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