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Be the CEO of your Book

What is Min MRP and Risk-Free Min MRP?

Setting the final MRP same or more than Min MRP is encouraged if you plan for only online distribution. If you have future planning of making your book available over physical stores, setting final MRP same or more than Risk-Free MRP is recommended. Brick & mortar stores often look for 50%-60% margin over the MRP so that they can provide a huge discount to their customers. We highly suggest to keep final MRP high and we can always make your book available over our store, Amazon, Flipkart or any other portals. Once we assign ISBN and set MRP, changing MRP may need additional processing time and cost, so it is safer to keep MRP high and provide discounts which are always in your control.

What is the paper quality of the books?

For books with black & white interior, we maintain at least 80-90 GSM of above-average papers whereas, for full-color interiors, we provide 90-120 GSM papers. In the case of board-books, we usually go with 700 GSM high-standard boards. Providing highest production quality is our speciality. If curious, you can buy any random book published by us and compare the quality with any of the available books by any other national or international publishers. You will see the difference.

NOTICE: The above calculation for cost per book and royalty is valid from June 1, 2017. Any publishing package payment received by us dated older than June 1, 2017, should go with the old cost per book and old royalty checker calculations.

Book buyers may pay the shipping & handling extra. But the author will earn profit share as mentioned in cost per the above calculation as long they set the final MRP same or more than the suggested minimum MRP.

SUMMARY

NOTICE: The below calculation for cost per book and royalty is valid from June 1, 2017. Any publishing package payment received by us dated older than June 1, 2017, should go with the old cost per book and old royalty checker calculations.

Finalizing MRP of the book

How you can finalize the MRP

If you have the plan to put your book in any physical/actual store, please keep in mind, most of them generally ask for at least 50% discounts on top of MRP. To run the show, they sometimes need to offer a huge discount to the customers.
In the case of selling through online giants like Amazon.in & others, you have to think about handling charges, inventory charges,  their commission and in some cases, you need to strategise of giving free shipping too.
Having a 50% - 70% extra within the MRP helps you to start with 15% - 20% discounts or even the book can be advertised with free shipping if budget permits.
After getting the manuscript and payment, we generally discuss in details regarding the MRP to match the author's expectation.
Cost per Book & Royalty checker

Calculate the Cost per Book for the Author's copy

MRP = Cost per book + Royalty + Platform Commission