John — So help me understand why you're defending the status quo — In which publishers collude to fix
author royalties at 15 %, and in which e-books earn you ~ 1.65 less per sale and them ~ $ 2.50 more than p - books — so aggressively?
Cumulative
author royalties at the end of a calendar year will be issued by February 28.
Not exact matches
Wylie's gambit seeks to resolve two issues: the assumption by publishers that existing contracts written before the advent of e-books automatically confer digital publishing rights, and the assumption that
authors»
royalty rates should remain
at historic levels despite lower e-book production costs for publishers.
luckily i was able to put down their «marketing» consaltant, she did try to press on useless marketing service
at cost of 5thousands dollars, what a shameless b... ch, she had nothing to say on question how can i be sure that i will have a return on such «investment», can you guarantee me that i will actually sale a book, and with
author royalty like 40pence how many do i have to sell to get back my money?
Books appear quickly on Amazon via CS and while
author royalties are slightly higher, some
authors reported print quality to be better
at IngramSpark.
However, if you want to make the most money (especially on Amazon, which only allows
authors to receive 70 percent in
royalties if the book is priced
at $ 2.99 or higher — $ 1.99 and $ 0.99 books only allow
authors a 35 percent
royalty rate), then $ 4.99 appears to be the best price point for selling a good amount of books (though far less than with a lower price point) while making the most in profit.
The benefit of running
at $ 1.99 of course is during a Kindle Countdown Deal where the
author receives 70 %
royalty you're earning an additional 70 cents per sale.
Recognizing that this could cause consternation when the
royalty reports came out and the numbers didn't match, Amazon sent out an email explaining that for July,
at least, all downloads through the KU program would result in payouts to their
authors.
Posted by Victoria Strauss for Writer Beware BLUE DECO PUBLISHING Writer Beware has received multiple documented complaints from
authors at Blue Deco Publishing.Problems cited include late or missing
royalties and
royalty statements, broken marketing p... -LSB-...]
I buy them
at my
author discount of 35 %, and sell them on
at full, or near full price, so my purchases count as sales — 10 % gives me # 1.46 towards my
royalties — plus I make around # 7.50 each copy if I sell
at full price.
For example, if total borrows of all participating KDP Select books are 100,000 in a month funded
at $ 500,000 and an
author's book was borrowed 1,500 times, they will earn $ 7,500 in additional
royalties from KDP Select in that month.
The contracts of most
authors at most publishing houses do not garner them very much money;
royalty percentages are traditionally very low.
that you, the
author, can make decisions about the design and content of your book, determine your
royalty and give us non-exclusive rights which can be terminated
at any time.
Morgan James has always specialized in publishing entrepreneurial
authors, offering small advances and higher
royalties, and having
authors commit to buying a certain number of books
at an
author rate.
Let's do the math on a hypothetical book with a list price of $ 10:
At a 55 % discount to retailers, the publisher would receive $ 4.50 per copy, minus the
author's 15 %
royalty of $ 1.50.
As soon as he receives $ 5000 in
royalties s / he also has the one additional right to vote for the Guild Board, which is the only thing that changes between the
Authors Guild of America membership when entering
at the $ 500 level or
at the $ 5000 for Indie
Authors.
Of course, this could be a sign of something less dire, namely that Amazon will work with larger files and let
authors sell overly long titles
at 50 %
royalty in order to make up for what the company is footing in terms of file transfer fees and hosting.
The
author has to do all this themselves
at their own expense, and in return Amazon will shaft them with a 35 %
royalty rate (the 50 % you quote is NET, which is rich given the only place it will be sold is on Amazon, so Amazon will take their 30 % cut and then take another half of what's left) for an ebook.
A standard deep discount clause looks something like this: «On copies of the Work sold by the Publisher
at a discount of greater than 55 % from the publisher's retail price through channels outside of ordinary retail trade channels, the
author will be paid a
royalty of 15 % of the Publisher's net proceeds.»
UP pays
royalties of
at least $ 1.50 from retail book sales, and
authors earn substantially more when they accept orders directly from the public
at live events, their own Web sites, etc..
Smashwords also has some perks that make me wish the outfit had made more inroads into the ebook market on its own merits (as a seller and not just a distributor), such as the ability to issue coupons, to offer affiliates a greater percentage of the sales price, and the fact that
authors receive a higher
royalty rate there than
at any of the other stores.
With concrete examples and personal experience, he showed how print publishers are trapped in a pre-digital mind - warp, underserving their
authors (except for the mega-sellers
at the top) and delivering piddling
royalties via opaque statements and outdated practices.
Most indies were sticking to $ 2.99 and up because Amazon made $ 2.99 - $.9.99 the point
at which
authors could earn the highest
royalty percentage.
I was disgusted to see some indie
authors shrug their shoulders
at the
royalty change, arguing it was too high for us to expect it to stay there and Amazon was being too generous.
At some point, New York will have to break down and boost the digital
royalties it pays
authors.
And never mind that thousands of
authors, myself included, have e-books priced
at $ 2.99, and by the reader paying the owners of the site for the book instead of Amazon or B&N, the
author gets cheated out of a
royalty.
Authors maintain complete freedom to add or remove their books to D2D
at will, keeping all their rights, and any
royalties due from sales.
Is the print publishing industry all -
at - sea in their approach to pricing,
author royalty and distribution of ebooks?
An open - ended clause that would allow the publisher to spend profligately on producing a new edition and debit the amount from the
author's
royalties should be avoided if
at all possible.
I would doubt that these terms negotiations would have any bearings
at all on
royalties that
authors earn.
Amazon has also done better marketing and offers
authors —
at least directly — better
royalties, all while delivering less expensive books to readers.
If your primary goal during a promotion is to maximize
royalty revenue for you, the
author or publisher, then you'll be interested to hear that $ 3.99 has replaced $ 4.99 as the best performing price point for
author earnings since we looked
at this back in 2015.
The
Authors Guild insists that rights holders retain the ability to negotiate for higher
royalties, block displays of their work entirely and change their mind about which books are included
at any time.
If you are unfamiliar with the
royalty structure on most major retailers, then you may be asking yourself: How is it that
authors earn more money
at $ 2.99 - $ 4.99 than they do
at $ 0.99 - $ 1.99, when they sell fewer copies of their book?
This creates a situation where it's actually more profitable for the publisher to sell books
at the deep discount than just above it, since the reduction in the
author's
royalty more than offsets the amount of the reduction in the selling price.
These
royalties will be
at a reduced rate, and the
author should try to negotiate that the reduction be based on the extent of the revisions.
Publishers have been successfully sued for selling their own books to foreign subsidiaries
at drastically reduced prices in order to reduce
author royalties.
Since most books never become bestsellers, this means most
authors never see any
royalties at all.
For example, audiobook narrators and
authors at Amazon's ACX platform can work without initial payments passing hands and, instead, share in
royalties from sales.
I think it was Mark Lawrence who said recently that
authors that go through a publishing house looked
at the advance as the thing, and that advances usually ran around $ 10,000 or thereabouts, because most books published sell around 500 copies or so, and so you can't depend on getting any
royalties over the advance.
As a Kindle Direct (KDP), not Kindle Select (KSP),
author, you won't have the option to do Pre-orders on Amazon until Volume III, but
at least you can check in on any day, any hour and get not only several different sales and
author relative ranks, but go look
at your actual sales figures online, including total sales, gross cash intake and net
royalties.
As the
author, your
royalty is set
at 50 % of the sales price of the book.
Now Apple and its new homeboy Smashwords is luring
authors, not with a higher
royalty rate (60 % vs 70 % with Amazon), but by allowing
authors to price their books
at $ 0.99 or $ 1.99, which many
authors have done on Kindle in order to generate more downloads and find more readers.
The
author gets a higher
royalty percentage, but NOT a higher
royalty in dollars when ebooks are priced
at 9.99 or lower.
If you look
at the standard hardcover book, it normally retails for around $ 27.99 and gives a $ 5.67 profit to the publisher and $ 4.20
royalty to
author.
The 2.99 -3.99 «sweet point» is popular not so much because readers buy more
at that price than because more and more
authors list
at that price in order to get the 70 % «
royalty» from Amazon.
Membership is limited to
authors who are published by an «established» US publisher (re: well - known, not necessarily independent), freelancers who are published by general circulation periodicals, or self - published
authors who earn
at least $ 5000 in
royalties in an 18 - month period.
Right now, books must be priced
at $ 2.99 or higher to pay the 70 %
royalty to the
author or publisher; since participation in Kindle Countdown Deals requires a discount of
at least $ 1US, books that therefore fall below the $ 2.99 requirement will still pay out
at 70 % on sales
at the discounted price.
But is this too little, too late for an industry in which
authors are routinely thumbing their noses
at giving up as much as 85 % of their
royalties for the privilege of being «accepted» by the traditional industry?
For example, the ebook
royalty rate isn't negotiable for now because every single
author with a decent agent has a clause that says as soon as another
author at the same house receives a higher rate, they'll get the higher rate, too.