How much Money does an author make in India through Book Royalties?
How much Money does an author make in India through Book Royalties?
Book Publishing has become a fairly simple process with the advent of self-publishing. According to the International Standard book number (ISBN.gov.in) every year about 1,30,000 gets published in India. This does not include the KDP books published in Amazon, as amazon alots an ASIN number for book listing. According to Indian Publishers Association (IPA), the Indian Book Publishing Industry is around INR 750 Billion (USD 10billion).
Book publishing is amongst the biggest industries in India and with some big publishing names catering to the major part of the business. Penguin India, Harper Collins, Hachette Livre, Pearson, Jaico, Rupa, Bloomsbury are amongst the biggest names in the India Publishing sector.
Hence, the obvious next question amongst most people is that how much does an Author make as book royalties in a year.
In this calculation we do not consider the charges paid in Book Publishing and Promotions,
Table of Contents
Calculation of Book Royalties in India.
Book Printing Cost Using Digital Printing for Print on Demand
This is the most common printing methods used by self publishing companies. They print the book once there is an order from the customer. Mostly they print lesser copies of the books in such cases less than 50 copies. In this case the Book Printing cost roughly is about INR 0.5 per page.
Book Printing Cost Using Offset Printing for Bulk Printing
If you wish to print bulk copies of your book say 500-1000 copies at once, you primarily should opt for offset printing. This can further reduce the cost to about INR 0.25 – 0.4 per page based on the paper quality and number of pages and copies to be printed.
Amazon Referral Charges based on Book MRP
Amazon charges a referral fees for using the platform to sell books. This charge depends on the MRP of the Books. it varies from 2% to 13% for MRP ranging from less than 250Rs to over 1000Rs. The detailed charges and MRP are listed in the Google sheets in the below Link with examples.
Amazon Closing Charges based on Book MRP
Amazon charges a Closing fees for processing the sale of the books and paper works. This charge depends on the MRP of the Books. it varies from 5Rs to 50 Rs based on MRP ranging from less than 250Rs to over 1000Rs. The detailed charges and MRP are listed in the Google sheets in the below Link with examples.
Amazon Shipping Charges based on Book weight
Amazon charges a Shipping fees for distributing the book within National borders. This charge depends on the weight of the Books. it varies from 69Rs to 119 Rs based on MRP ranging from less than less than 500grams Rs to over 1000 gms. The detailed charges and MRP are listed in the Google sheets in the below Link with examples.
Tax on Amazon Charges
There is an 18%GST associated with the services offered by amazon. This is only on the value of amazon service charges. An 18% GST on Referral Charge + Closing Charge + Shipping Charge