Step 6

by | Jan 17, 2019

Step 6 – Distribution and E-Books

 

Groep 7 can take care of the packaging, distribution and administration on behalf of authors using one of the four options listed below. An agreement needs to be completed for each book.

The advantage is that authors do not have to pay in advance for any books that are ordered in this way, and administration costs are kept as low as possible to give authors the opportunity to place their books in the market at competitive prices.

Reconciliation of sales are done every three months (February, May, August and November), the nett income calculated and paid to authors.

 

  1. Orders by authors (printed books)

Authors supply the list of names and addresses where books need to be sent. Groep 7 prints and sends the books, and the author is invoiced for the printing and courier costs.

 

  1. Online Bookshop (printed books)

Books are placed on Groep 7’s online website bookshop, Groep 7 eShop at a once-off payment of R250 (VAT included).

  • The author determines the selling price.
  • Buyers order and pay online.
  • Groep 7 prints and dispatches the books.

 

Calculation of the net income for the author is as follows:

  • Selling price less
      • 20% (15% VAT, which Groep 7 pays to SARS plus 5% Payfast costs (credit card);
      • Printing cost of book.

 

  1. Bookshops (printed books – conditions apply)

When bookshops enquire to buy an author’s book, the process is as follows:

  • The author determines the selling price.
  • Groep 7 prints and sends the books, invoices the bookshop and manages the administration.

 

Calculation of the net income for the author is as follows:

  • Selling price less
      • 50% which the bookshop charges;
      • 15% VAT that Groep 7 pay to SARS;
      • Printing cost of book.

 

  1. Electronic books (e-books)

Groep 7 quotes on each individual book for preparation to convert it into an e-book format.
• The typesetting is done in InDesign and then converted to E-Pub.
• The ISBN is registered in the author’s name.
• All information required are loaded on Kobo website (www.kobo.com) which have the software to convert is to a secure E-Book.
• The link is sent to the author who can market and expand for worldwide sales.
• The author can use this E-Pub file to publish e-books on any other platform.
• The link is also placed beside the author’s book on Groep 7’s website bookshop.
• The author determines the selling price and receives 50% thereof.
• Amazon.com – preparation of documents for author to self-publish.