On printing and sales costs

Tim Gray's picture

I've been noodling over my Q1 data from IPR. While overall I'm reasonably happy with the level of sales (though nothing to touch, say, Cold City), I was taken by surprise by the level of additional costs on top of IPR's 15% commission - with the result that when I worked it through, I'm pretty much at break-even level on print sales to retailers.

This means I need to re-examine my prices and costs. I've been having helpful conversations with Fred, Brennan and Chad.

Prices - I shall be bumping them up a bit. But what it comes down to, I think, is that it's very difficult to impossible to sell to retailers via IPR at a useful profit and do the printing through Lulu and set a price level that makes sense to the market.

Costs - It turns out that you lose money by telling Lulu that you want everything handled in pounds. Making an order of a copy of Questers in dollars is roughly $1 cheaper - not a huge amount, but significant on the baseline. So I'll probably make that change. Don't know why it happens.

I'll also strongly consider using Fidlar Doubleday when I do the print run of Jaws of the Six Serpents, based on the positive feedback from people here. I've checked them out before and concluded they were more expensive than Lulu - but yesterday I realised I was failing to take account of that funny $ sign on the front of the numbers. Oops!

This is an option for Jaws as I expect it to sell enough to justify a run of at least 50. It doesn't make a lot of sense for products with lower/less reliable sales like Questers, which has been out a while, or LWTJ, which is rather nichey. That might mean that in future I have to be even more careful about which products I choose to make available in print at all. Or via Lulu only.

Overall - well, it's a learning experience!

IPR

Matt's picture

Yeah, I've had similar thoughts to myself.

It's worth noting that first quarter IPR sales do tend to slant towards retail, as the retailers notice the new product and order a batch. Later sales tend to be more direct to customer.

-Matt

Realms Publishing

Afterthought

Tim Gray's picture

Forgot to say - I'll probably aim to avoid pre-orders in future, as they increase shipping costs. (If a customer orders multiple things there's one shipment now and one when the pre-order becomes available.)

Tim Gray
Silver Branch Games
www.silverbranch.co.uk