Recommended Minimum MRP is the least MRP that can be set for your book. This is calculated taking into account the printing and distribution costs associated with your book.
You can set any number higher than the Recommended Minimum MRP for your book. As soon as you type an MRP, you get to see how much royalty you make via each of our sales channels. Play around till you arrive at an optimal MRP for you book.
Profit is calculated as the difference between the MRP and expenses incurred on the book. Profit = MRP – Expenses (Production Cost + Distribution Cost). Authors get 100 per cent of the net profits from the book.
Booksellers and ecommerce websites usually charge a 50% distribution fee on MRP on the books they sell. Hence, the royalty you receive is lower than what you receive via our own Bookstore where no distribution fees are levied and this advantage is translated as better profits to the author.