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A Publisher's Conversation with Authors: Don't Let Book Success Bankrupt You, Negotiate!

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  It is Tuesday. Monday's madness is over, and Wednesday will take us over the hump, so Tuesday it is--for some serious discussion with authors. Tuesday talks mean to address authors in waiting and self-published authors who would like to go a more traditional route or who would at least like to take their steps with a publisher by their side.  This week's conversation addresses a thorny and frustrating issue--the finances of book sales, especially books that, in general, sell well. (We are not talking about authors who take thousands from savings to plaster information about their books everywhere or buy their own copies to try to get onto a bestseller list. Rather, we are talking about the average author, who simply desires to get the word out and the sales in.) Nearly all authors intently want to see their book in every bookstore they walk into -- and every one they don't. They don't realize three important things that can destroy their life if they actually get thei...

A Publishers' Conversation with Authors: Is Amazon putting bookstores out of business? Understanding the Right of Return Model of Book Selling

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  It is Tuesday. Time to tall turkey. Monday's madness is over, and Wednesday will take us over the hump, so Tuesday it is--for some serious discussion with authors. Tuesday talks mean to address authors in waiting and self-published authors who would like to go a more traditional route or who would What at least like to take their steps with a publisher by their side. Today's topic arises from a discussion last week with an author whose cost of book returns brought an otherwise successful book into the negative net income (i.e.) loss realm. Our conversation revolved around several questions that arose from her discussions with her local bookstore.  Why/how do returned books create loss for an otherwise successful book? A large number of returns can eradicate all profit from the book sale and put the book into the loss column on a P&L statement: print costs will not have been recoupled; additional books have now been returned to the publisher's inventory, books that wer...

MSI Press Author Tributes to Independent Book Stores on Independent Book Store Day

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  Today is Independent Bookstore Day. In lieu of shared posts from one author, as we typically do each day in the blog post, From the Blog Posts of MSI Press Authors, we are presenting tributes from a range of authors in support of their local independent bookstores. From Julia Aziz I adore the independent bookstores in my city of Austin, TX. When I went to BookPeople and told them about the release of Lessons of Labor, they immediately offered to host a book release party and stock my book there. I felt so supported, both as a professional and as a longtime community member. BookPeople continues to be my happy place--a space to rest, read, and discover. Julia Aziz author of Lessons from Labor blog posts by and about Julia Julia's blog From Franki Bagdades blog post on the topic: There is no replacement for entering a space filled with books. Running your hands over glossy covers, flipping through the pages. Hearing someone laugh behind you as they read, a child's "oooh...

MSI Press Author Tributes to Bookstores on Independent Book Store Day

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    Today is Independent Bookstore Day. In lieu of shared posts from one author, as we typically do each day in the blog post, From the Blog Posts of MSI Press Authors, we are presenting tributes from a range of authors in support of their local independent bookstores. From Julia Aziz I adore the independent bookstores in my city of Austin, TX. When I went to BookPeople and told them about the release of Lessons of Labor, they immediately offered to host a book release party and stock my book there. I felt so supported, both as a professional and as a longtime community member. BookPeople continues to be my happy place--a space to rest, read, and discover. Julia Aziz author of  Lessons from Labor blog posts  by and about Julia Julia's blog From Franki Bagdades blog post on the topic: There is no replacement for entering a space filled with books. Running your hands over glossy covers, flipping through the pages. Hearing someone laugh behind you as they read, a child'...