Use below tool to estimate the cost and royalty on sales of your book.
|Step 1: Enter details & calculate SSP|
|Step 2: Set MRP & Calculate Royalty|
Note: Cost is calcuated for b/w book. Standard 5x8, 6x9 inch size books are best suited for non-academic and fiction genre. For Academic books with 100+ pages, size variants 8x11 are preferred. Please contact us for color printing interior or size variants.
Mostly, traditional publishers are seen to follow up the procedure of printing the books in bulk (1000+ copies). This is only the reason why they charge heavy fees (in range of lakhs) to debut writers and authors. To overcome this restriction Educreation Publishing adopts Print on Demand (PoD) technique. In PoD, your book is kept with Educreation and copies are printed only on demand and this enables Educreation to even publish a single copy at a time and in this way no cost burden of printing comes in the way of publishing.
As stated that the book is available on PoD, therefore there is a production cost associated with each book. Apart from Production cost there is a margin associated with distribution share, thus the cost that is required to produce a single copy at a time and to make it available for selling across distribution network, while giving the optimum royalty to authors, is known as its Suggested Selling Price (SSP). Since, A5 books (5"x8" or 6"x9") come in convenient and handy, moreover, it is also cost efficient in production, we recommend it. However for academic and research publications having number of pages more than 100, A4 (8"x11") is preferred. The Print on Demand (PoD) Prices are higher because they are printed by digital printers, we can have an average idea of cost of digital printing by the fact that, a Xerox/ photocopy costs Rs.1-2 per page, so the PoD books.
Distribution Commission for Indian Online Channels is 40% of MRP + Closing Fee.
Closing Fee is 10, if MRP < 150. 15 if 150 < MRP < 250 and 20 for MRP > 250.
For books sold from Educreation platform, no distribution commission is imposed but 12.5% amount is deducted for taxes, payment gateway and processing fees.
Maximum Retail Price (MRP) is a price of book at which it is sold from Educreation E-shop. It is important factor as it governs the book sale and royalty. MRP of the book is quoted by its author.
100% Royalty to author
Author receives 100% royalty on the profit of each and every book sold.
Profit = MRP - Expenses (Production Cost + Distribution Charges)
Author's Royalty = 100% Share of Profit.
Royalties higher than 1,000/- are paid to authors on request by the end of the month. The royalty is paid by NEFT (National Electronic Fund Transfer) to the author's Indain bank account only.
100% Royalty is provided to author on all International print orders and eBook Sales. The concerned details of same are updated on author dashboard. The International print copies and eBook sales are reflected in second week of next month of the sale. We are unable to quote exact royalty from such sales on site because it varies from book to book and genre to genre. Once, the book is finalized, all pricing and royalty details are updated to authors' dashboards.
Authors are allowed to order additional copies of their book at an ease from their dashboard at its production cost. Taxes and Shipping cost is additional. The minimum quantity of such orders is 30 books. (Ordering copies lower than 30 are also allowed by paying small additional processing charges) The production of PoD books take 5-7 working days + Shipping time, so kindly manage to place your order at an early note, if you want to meet any deadline. Shipping is done by standard courier partners.
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