REAL REAL SALES FIGURES
Scott Pack argues in a comment to my last post that ’sales’ should mean ‘orders.’ He also says that lots of unsold books never get returned so no credits are claimed. In my view and experience this is nonsense. To begin with you cannot claim that if a chain, say, orders 2,000 copies of a title, those are ’sold.’ No, they are not, they are only lent. The chain, of course, tries its best to sell them but if it only sells, say, 300, that leaves 1,700 unsold. 6 months later or so, allowing a generous 200 to remain on the shelves and/or be damaged and unreturnable, 1,500 comes back to the publisher and the chain claims a credit for them. This means that the next time the publisher sells books to that chain, they won`t get [paid until the credit has been worked off. Do this too many times and you find yourself supplying free books to bookshops for a long time to come and guess what that does to the balance sheet and profits ? Long Barn Books almost went under a few years ago because a certain book - I will spare the author`s blushes - ordered in incredibly well - to the tune of 5,000 plus copies. I printed 7,000 and of course I had to pay a rather high printers bill. Some months later, 4,800 of the 5,000 were returned unsold and credit claimed. I got no money from booksellers for any of our titles for the best part of 9 months while the credits were worked off. But I still had to pay the printers.
Tell an author they have ’sold’ 5,000 copies and they rejoice. Then they find out, as they easily can with a bit of effort, that of those 5,000 300 have actually SOLD and been taken home in paper bags, and they feel humiliated and let down. They also have a nasty financial shock coming when the ‘Returns retention’ kicks in.
Today`s Bookseller has Nielsen figures to August 18th of the number of copies actually SOLD through the tills of all the Booker longlisted titles. Ian McEwan has sold well night 100,000 copies of ON CHESIL BEACH. Of the rest of the longlist only FOUR other books have sold in four figures. The other other 8 have sold well under 1,000 and in several cases, under 500. These figures are important because they are NOT UNUSUAL. Authors should be told them. Aspiring novelists should certainly be told them. This is not fantasy, this is the truth for very very many novelists, even those who have received rave reviews and been put onto Booker longlists. Once the shortlist is announced, the books which do not appear on it will drop out of sight and unless something else happens to them, the booksellers will quickly return unsold stock. They don`t keep unsold hardback novels hanging round for long.
One lucky winner will clean up. Doesn`t matter which book wins. Ian Mc has already cleaned up. Otherwise - well, I just looked along my shelves at my hardback copies of last year`s Booker shortlisted titles. Can you remember what they were, had on heart, without googling ? I know I couldn`t.
I am not being a spoilsport here. Being long and then shortlisted is a huge lift for a novelist`s reputation - let alone spirits. I know because I have been. It can help a great deal in the future. That is just one reason why prizes are good.
But let`s have some truth about real sales. And while we`re at it, about print runs too. There is no Nielsen Bookscan to report those. They remain the last best kept secret between the publisher and the printer. The former may choose to reveal them. The latter would never dare.





