Where Does the Money Go?
Books cost money to produce. Lots of money. The average book costs us roughly $10,000 to produce. Your monthly subscription significantly helps to offset these costs, allowing us greater freedoms as an independent publisher. So where does your money go? Below is a brief outline of how your subscription directly impacts each and every book we decide to publish.
Printing
25% of your subscription money typically goes to the printer. The price of a book is, in part, determined by the cost of printing, which continues to rise each year. Your subscription helps to offset the cost of printing, making our books more affordable and accessible.
Production
30% of your subscription money helps cover the cost of production. Real humans with real lives do the work at PM Press. Editing, design, and warehouse management are just a few of the activities that require enormous amounts of labor.
Promotion and Distribution
What good is an unread book? Promotion and distribution account for about 35% of your subscription money. In addition to maintaining our webstore and shipping thousands of books from our warehouse each year, we also tirelessly hit the road bringing books to hundreds of diverse social gatherings throughout the world.
Royalties
Call us old-fashioned, but not only do we actually copyedit, proof, and actively promote all of our books, but we even pay our authors royalties! 10% or more of every sale—irrespective of whether the production costs have been recouped. Your subscription further helps ensure our always-prompt payment to our authors for their vital, educational, entertaining, and enlightening labors.
|