What is Minimum MRP?
The minimum MRP is the least you can set for your book. This is calculated based on the printing and distribution cost.
Is my royalty higher if the book is sold through Prowess store?
Yes, you will earn higher royalty amount when a book is sold directly from Prowess store because the distribution cost will only be 30% of the MRP and not 50% unlike other eCommerce stores.
How do I fix the MRP?
Before setting the price of the book, research other books of the same genre in ecommerce platforms. You can make a big mistake by setting a high MRP which will make you stand alone. Once you have finalized with the book size, book format and total number of pages, we will be able to guide you the best price for your book.
How is royalty calculated?
Profit is calculated as the difference between the MRP and expenses incurred on the book. Profit = MRP – Expenses (Production Cost + Distribution Cost).