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Re: [GWL]: Analyzing royalty rates
Carol Deppe wrote:
>
> If you have a royalty of 10% and the back end of your contract includes #1, your real royalty
> on direct mail sales is 5%, not 10%.
> If you expect your book to sell primarily through direct mail and/or
> through seed companies, the devil is in the details, and some companies that state their
> royalties in terms of net are among those that give you the best real deal.
Too true. My first book contract had that clause and my (former) agent agreed to it - and then
the company decided to market it exclusively through their in-house book club! Other than the 50
or so I was able to sell annually by using it as a text did I get my 10%.
You've got to watch those details!
Carol
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