Trade publishers aim for a profit margin of fifteen percent.

Evidence

Book publishing is a business with relatively tight profit margins. Most trade publishers aim for a profit margin of fifteen percent and hope realistically to end up with at least a ten percent profit margin at the end of a fiscal year. — Tilar J Mazzeo, How to Write a Bestseller, 125

Categorization

  • corroborated: 2 independent passages support this claim — Tilar J Mazzeo, How to Write a Bestseller, 125