In the publishing industry, Net Amount Received (NAR) is the amount of money a publisher actually receives from the sale of a book. This includes the amount of money received from the retailer, minus any discounts, returns, or other adjustments.
NAR is important to track because it is the amount of money that a publisher actually makes from the sale of a book. This number can be different from the list price of the book or the amount of money that the retailer pays to the publisher.
NAR is also important to track because it can help publishers understand which retailers are selling their books and how much each retailer is selling them for. This information can help publishers negotiate better terms with retailers or make decisions about which retailers to work with.
Overall, NAR is a key metric for publishers to track because it helps them understand their true revenue from book sales. This information can be used to make strategic decisions about pricing, discounting, and which retailers to partner with.
As an author, it is important to track the Net Amount Received for your book sales. This is the amount of money that you actually receive from book sales, after any fees or taxes have been deducted. This information can help you to determine how much money you are actually making from your book sales, and can be used to negotiate better terms with your publisher or distributor.
As a publisher, it is also important to track Net Amount Received, as it can give you insight into which authors are selling the most books and generating the most revenue. This information can help you to make decisions about which authors to continue working with, and which ones to let go.
Overall, Net Amount Received is an important metric to track for both authors and publishers, as it provides valuable information about book sales and revenue.