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Posted: July 28 2022,11:41 |
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Between forty and sixty percent of a book's sale price may be earned by self-published authors, according to research conducted by project management consulting firms canada . Between 10% and 13% of a book's retail price is normally given in royalties to traditional authors; however, this number might vary widely.
First-time authors who submit their work to a traditional publisher with the intention of having it published may be eligible for an advance from the traditional publisher. In most cases, first-time buyers aren't needed to pay more than $10,000 for a home. You must sell at least $10,000 worth of books at the royalty rate you choose in order to make a profit through traditional publishing.
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