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Virtual Bookworm
Virtual Bookworm is lower priced than many other POD
publishers, and their books sell for reasonable prices. However, to make the
retail price reasonable, the company has to take the money from somewhere.
In this case, the money comes out of the distributor discount. The usual
distributor discount is 55%, but Virtual Bookworm only offers 35% to Ingram and
Baker & Taylor. This means that while the retail price is competitive, the
amount of money a bookseller could actually make on the book is too low to make
it worthwhile to buy it. Virtual Bookworm is aware of this and allows the
author to raise the distributor discount, with the understanding that this will
also raise the retail price. Whether or not this is explained to the author, we
don't know.
Royalties are based on net publisher receipts, which
leaves a lot of leeway, but they seem to be fair. Their author discounts,
however, offer only a 30% discount except on the first order, which provides for
a 50% discount.
They screen manuscripts, possibly based on the topic
(they're not interested in new age or religious material) and they offer proofreading (also
known as copy editing), however this is not required.
Their contract is exclusive,
unlike those of most POD publishers, and requires 90 days if you want to get out
of it. For some, exclusivity may seem to be an advantage, but others will feel
that it's not.
In
Summary:
On the plus side:
-Royalties are fair
-Screen manuscripts
On the negative side:
-Low discounts to distributors and booksellers
-Author's discounts are low
-Takes 90 days to get out of the contract
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