Frank Bemelman said:
I think AOE is printed in a relative low volume, and that the
price is actually ridiculiously low.
'Ridiculously' would be an overstatement, I think, but I would agree it's on
the relatively 'cheap' side of, e.g., textbooks which often average
something pushing $100 now. A price hike from $75 from $100 wouldn't
dissuade me from purchasing a copy.
If Win's incentive is/was
money only, he'd better find a job as a paper boy, delivering
newspapers.
My understanding is that the recording and publishing industries are similar
in that, of the purchase price of the product, a shockingly small percentage
actually makes its way back to the authors. I'd be surprised if Win gets
$7.50 per book sold. (I think Don Lancaster had the right idea with
self-publishing, but of course that takes time too!)
I do wonder whether or not authors' royalties are based on the country of
the sale -- most U.S. textbooks are available overseas and -- particularly
in lower income countries such as India and China -- sold for next to
nothing compared to the U.S. edition. Granted, they're paperbacks rather
than hardbacks and the paper is much lower quality, but we're talking a
factor of often 4-8x reduction in retail price here too.
---Joel Kolstad