Question

why are some books are overly priced?

why are some books are overly priced?

Homework Answers

Answer #1

Why do books cost so much? Consumers are often baffled at the price tag attached to what appears to be little more than a mass of paper, cardboard and ink. A whole host of factors, including the size of the book, the quality of paper, the quantity of books printed, whether it contains illustrations, what sort of deal the publisher can make with the printer and the cost of warehouse space, all affect the production costs of a book. But, roughly speaking, only about 20 percent of a publisher's budget for each book pays for paper, printing and binding, the trinity that determines the physical cost..

pays for the publisher's overhead (the cost of maintaining a staff of editors, proofreaders, book designers, publicists, sales representatives and so on), and for the cuts taken by distributors (who run warehouses that supply books to retailers) and booksellers. Promoting the book is another expense: printing up catalogs presenting each season's titles to booksellers and the media, purchasing ads, mailing out hundreds of review copies to critics and sending the author (if he or she is lucky) on a book tour. So are shipping fees and the storage costs on unsold copies.

Fluctuations in the cost of any of these elements can eat into a publisher's profits and force them to raise their prices. For example, the price of paper skyrocketed twice over the past few decades, in the late '70s and mid-'90s.

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