If they're not, then these larger image requirements are going to bite deeply
into author royalties.
Not exact matches
I thought I had to do because I wanted a separate Amazon
author page for my pen name, but was confused because I wanted the
royalty money to go
into my original account.
It's the Amazon minimum price they require in order to participate in the 70 %
author royalty program and it went
into effect last year, thus Konrath's price raises.
If we were running net, we'd deduct that from his
royalties, and that's not the way, I don't think that's fair to the
author, to start deducting monies, because then they have to look
into your books to see are you treating them fairly.
Adding that she doesn't feel a flat
royalty rate would ultimately work to get
authors a better payout, Weltz said she would like to see escalators more regularly built
into the e-book
royalty rate and has already had success achieving this in the international market.
Once an audiobook is opted
into all of these platforms, a dashboard will inform the
author of sale and
royalties.
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.
You have to pay the
author's advance and
royalties, the cover artist, the editor, the copy editor, the typesetter, the sales force, and that doesn't even get
into distributor costs or the percentages taken by retailers.
I'll grant you that HB
authors will see their advances split
into groupings that recognize there will be MORE money down the line when trade or mm comes out, but that doesn't equate — to me — with the scenario you've come up for ebook
royalty payments being considered an «advance» when paid after publication.
What this means is that an
author who opts
into the service is locking a book
into it for 90 days, during which they agree to give up any
royalties they might have received through other sources.
Usually, the dishonesty comes in the form of tricking
authors into signing confusing legal contracts that force them to meet unfair obligations or accept unreasonably low
royalty payments.
Authors who already opt
into the Kobo platform are automatically enrolled in Kobo Plus and
royalties are paid monthly from a rotating pool of cash.
The same names keep being bandied about — the Bella Andres, the Hugh Howeys, the Barbara Freethys — but there are an ever - increasing number of
authors who are not only pleased with their self - publishing decisions, but they're being hailed as savvy businesspeople for not being tricked
into turning over their entire livelihoods to the traditional model and its sad
royalty share.
It will be interesting to see if
authors are willing to buy
into the concept of greenlight submissions as a way to bypass the first obstacle to publication, but with a host of options available to
authors that don't involve yielding their book rights and their
royalties, it may prove to not be lucrative enough to convince many
authors to bite.
Before, everything was just lumped
into the one category and hopefully now
authors will see a better
royalty rate for their digital book sales.
I definitely like the open approach of Smashwords over this kindle locking that Amazon does, but since that Wall Street article stated Amazon is giving unusally high
royalties to
authors (and since they're the far more popular platform I guess buying there might snowball
into additional readers for you through better chart positioning) I might be willing to overcome my distaste for their unpleasant kindleness for once.
All
royalty payments go directly
into the
author's own accounts, and we never take ownership of their files.
This will allow
authors to keep 100 % of the
royalties and be able to tap
into the support network Bookbaby has established and they also give discounts on cover art.
If I remember right, amazon partner for audio books has an option wherein an
author can get
into an agreement where no initial upfront cost is involved, but there will only be
royalty sharing.
Incorporating average traditionally - published
royalty rates for e-books (25 % of net) and print (8 % on paperbacks, 15 % on hardcovers)
into our calculation, we arrive at the average percentage of
author earnings coming from e-books for traditionally - published fiction and non-fiction
authors:
Authors who enter
into a publishing agreement with a publisher or publishing service are authorizing said publisher to publish and distribute their books in exchange for
royalties paid on books sold.
You're not the first
author I've heard about who found errors in
royalty statements and the agent Kristin Nelson has spoken often in the past about how she reviews all the statements that come
into her office and finds a surprising number of errors (and suggests there are likely many
authors out there who are losing money because they're not taking a close enough look at their statements).
It IS the publisher's fault / responsibility ultimately because they want these inflated prices (which don't translate
into additional
royalties for
authors) on a product that has SHITTY FORMATTING (and I now know for sure that it does NOT take a rocket scientist to format and ebook well).
If you choose to publish through a different service, such as IngramSpark, your chances of getting a book
into physical stores might be slightly better, but now it'll have to jump through hoops on Amazon, which is still the biggest bookseller and generates the highest
royalties income of all other retailers for most
authors.
The way I got
into self - publishing myself was through the cooperation with self - published British
author and blogger Joanna Penn on a split -
royalty basis, because I knew I could learn a lot about the process by doing this and here is a link to an interview she did with me regarding my work.
There is no shortage of ebook distribution platforms, both free and for fees or
royalties, that will help
authors get their works
into the hands of readers across different device preferences.
Quill and Quire reported today that romance publishing company Harlequin has been dragged
into court over ebook
royalties by as many as 1,000
authors filing a class action lawsuit.
A forerunner of the modern agent / impresario, he secured Spencer a New York publisher, Appleton and Co.; pressed for - and won -
royalties on a par with native
authors» at a time when most American houses ignored international copyrights; churned out scores of reviews and notices with publication of each new volume, which he placed in newspapers and magazines across the country; pressed other reviewers
into service; helped Spencer organize and popularize his most arcane thoughts; and cultivated literary clubs, college professors, editors, ministers, politicians, tycoons, and labor councils.
Amazon is once again demonstrating their innovative nature by removing the threshold for making
royalty payments via EFT (Electronic Fund Transfers) directly
into authors» bank accounts.
Many nonfiction
authors of business, advice, or self - help books fail to leverage the brand that their book has created
into profits that exceed income income received from advances, publisher
royalties, and book sales.
Most
authors don't mind so much — with Outskirts Press they make the same
royalty regardless of Amazon's sales price, so why not let Amazon dip
into its profit to invoke more sales for the
author?
Amazon and B&N have direct publishing programs that are
author - friendly with significant
royalty percentages paid monthly — I love their deposits going directly
into my checking account before the end of the month.
Santa Rosa Junior College Foundation benefits from 100 % of her
royalties for the
author's growth educational books Escape
into Excellence, and Embrace Your Excellence.
There are now people getting books
into print for very little money, working online book review and publicity sources, getting attention in social media, and selling thousands of books at profits that obliterate what
authors used to get as
royalties from traditional publishers.
Maybe a lower price might get someone to try a series with a slightly increased price for other books in that series, but with the higher
royalty percentage on each unit and less cuts
into margin, an
author can afford to keep the cost down.
That combo of requirements — curation and large volumes of titles — Singer says «led us to the conclusion that the pricing model of not paying
royalties in exchange for the broad marketing and discovery opportunity that getting content
into public libraries would provide to self - published
authors» was the way to go.
When an
author enters
into a contract with a book publisher, he or she is granting the use of the copyright of the material in exchange for
royalties (essentially, a percentage of the sale) of the resulting work.
Having slid
into the depths of depression about zero sales since authorsolutions took over and after many e-mails and phone calls to the USA from England, my Trafford
Royalties are now up and running and beautifully set out in a simple to use «
Authors» page.
(As an aside, I suspect if I dug
into the publishing contracts with many trad pubbed
authors, I'd find a clause that cuts their
royalties to almost nothing when the selling price of a book is greater than a 50 % discount.
For a beginning
author, one strategy might be to live with the small
royalties and built - in readership, use social media to build name recognition, then go independent and parlay the name recognition
into more money and, perhaps even more name recognition, then go mainstream again to combine better
royalty rates and larger numbers.
If you're a new
author — and a self - published
author at that, you are very likely running
into the questions of how much to charge for your book, how much money you will get (a impolite way to say
royalties) and how much to discount the book to buyers from your distributor - discounts in other words to book stores.
And if Amazon cared that much about how much the
authors were getting from e-books, they would A) stop cutting
into revenues with extra fees so that the publishers would be able to give
authors a bigger unit
royalty (which is happening anyway as publishers and
authors negotiate,) and B) take a 30 % unit fee from all of their self - pub
authors, not just the ones with the cheapest prices (no tiers for the same service.)
Authors and Reading System developers need to take
into consideration factors such as breadth of adoption, video playback quality, and technology usage
royalty requirements when making a choice to include or implement video in either format, or both.
The latest news items include how retailers are expanding reach
into Arabic language ebook markets, how Sarah A. Denzil's thriller Silent Child received the most 5 - star reviews of any released in 2017, optimizing Amazon book pages with insights from an eye - tracking study from LookTracker Research Laboratory, an error in KDP's
royalty rate options is causing many
authors to wonder what Amazon has coming up next, and some big changes in Facebook's News Feed that will affect
authors and other publishers on the platform.
P&L s also take
into account escalators, which are the sales thresholds at which an an
author earns a higher
royalty rate.
I'm rather surprised any e-pubs put their work
into print, since I've heard some pretty discouraging stories about
authors» electronic
royalties taking a big hit due to returns of their print titles.
With the rapid growth of the KU program, the amount paid
into the «fund» that pays
authors royalties on their books borrowed through the program has increased from $ 2M per month to over $ 10M per month.
Advocates of self - publishing, like
author Hugh Howey, argue that the
royalty opportunities are too great to pass up, and that publishers will need to transition
into a different role to remain relevant.
And we are grateful to Amazon for making it so easy for
authors to publish on their own, but it should pay
authors decent
royalties and allow them to set their own prices without punishment; Amazon should be transparent about what goes
into determining its
royalty pool.
We suggest that
authors put their
royalties into an escrow account until after the 90 day return period.