Between October 1 - 31, 2013, we're donating 100 % of
royalties on copies sold through this special fundraising link to Women At Risk, an Ethiopian organization that helps women lift themselves out of prostitution.
Depending on the price of your book, you can earn as much as a 70 %
royalty on each copy sold.
You'll also receive a small
royalty on each copy sold, usually 5 to 10 % of the recommended sales price of your novel.
I was, after all, going to be giving books away, not making
royalties on the copies downloaded.
Canadian Broadcasting Corporation v. Sodrac 2003 Inc et al., 2014 FCA 84 (35918) SODRAC applied to certify a proposed tariff which related to
royalties on copies of cinematographic works for retail, rental and theatrical use.
Not exact matches
Typically, an author can expect to receive the following
royalties: Hardback edition: 10 % of the retail price
on the first 5,000
copies; 12.5 % for the next 5,000
copies sold, then 15 % for all further
copies sold.
In the Golden Temple at Amritsar, says Archer, a canopy
on the altar hangs above the two
copies of the book and royal peacock feathers are waved over it, both indicative of the
royalty assigned to it.
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So, for example, the standard
royalty rate for hardcovers is 10 %
on the first 5,000
copies sold, then 12.5 %
on the next 10,000
copies sold, and 15 % thereafter.
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.
Sometimes that free
copy you gave away will show up
on your platform right next to your own paperback, and when it sells you just have to accept the fact that you bought a
copy to essentially give away a
royalty.
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.
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.»
If your book sells $ 150,000 worth of
copies, you will receive
royalties only
on $ 50,000, since the first $ 100,000 of sales is used to essentially pay back the advance.
In the first two full months of sales (Sept. / Oct.), I received
royalties on 10,134
copies.
If you set those terms
on IngramSpark, you would get around $ 3.00
royalty per
copy sold, but with CreateSpace you get about $ 0.95 cents.
Royalties (
on a $ 3.99 ebook) DIY: typically 70 % of $ 3.99 = $ 2.79 Distributors: (legit ones like Smashwords and D2D) typically 10 % after retailer cut = 90 % of $ 2.79 = $ 2.51 Sharks: 50 %
royalty after retailer cut = 50 % of $ 2.79 = $ 1.39 Note: DIY your author
copies are free (which is important for giveaways and reviewers) but the sharks charge you for
copies of your own book.
Some contracts offer an escalated
royalty based
on the number of
copies sold, e.g., 8 % of net receipts
on the first 5,000
copies, 10 %
on the next 5,000
copies, and 12 %
on all
copies in excess of 10,000.
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?
That depends
on how your book is purchased: 50 % in
royalties for e-books, 25 % for printed
copies or audiobooks purchased directly through the Xlibris bookstore, and a mere 10 % for printed or audiobook
copies purchased through a distribution channel like Amazon.
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.
There is also no revenue generated from a book loan, and thus no
royalties unless the person who received the book
on loan decided to purchase a
copy themselves.
See how you can save time and gain efficiency in your
royalties work work: schedule an
on - line demo, or download a free 30 - day
copy to start your trial now!
If I were to sell only
on Amazon (my lowest
royalty rate since I don't meet the $ 2.99 threshold for the 70 % rate), that's 357
copies.
As for the actual findings of the report, it was interesting to see how the number of
copies was calculated for various books based
on sales rank along with the estimated
royalties (something you could probably spend all lot of time trying to figure out and do very poorly).
For a mass - market paperback book with a minimum first printing of 25,000
copies, an average return rate of 50 %, an average $ 6.50 cover price, and an average 6 %
royalty rate, an author would earn only $ 4,875
on the sales of that book — and 15 % ($ 731.25) of that sum would go directly to the author's agent, leaving the author with a gross (before taxes) profit of $ 4,143.75.
If
royalties are based
on the gross cover price, you'll get a handsome 0.75 x $ 12.95 for each book sold, i.e. $ 9.71 /
copy.
down the road (think expensive author
copies like $ 8 - 10 or very low
royalties — less than $ 1
on a $ 15 retail book...).
In general practice, hardcover books pay standard
royalty rates of 10 %, 12 %, and 15 % of the cover price — 10 %
on the first 250,000
copies sold, 12 %
on the next 250,001 to 500,000
copies sold, and 15 %
on anything sold above 500,000
copies.
Fair contracts should stipulate exactly what information must be displayed in the
royalty statement: the number of
copies sold and returned; the list price; the net price; the
royalty rate; the amount of
royalties accumulated; the amount of reserve for returns withheld; the gross amount received by the publisher pursuant to each license along with
copies of statements received by the publisher from its licensees during the accounting period; itemized deductions; the number of
copies printed, bound, and given away; and the number of saleable
copies on hand.
Please be aware that the largest retailers, including Barnes & Noble, place orders for print
copies of Archway titles through Ingram, so those orders will appear as wholesale sales
on your
royalty statement.
Founder Sebastian Sobczak went so far as to install copyright infringement technology to detect those users who
copied and pasted «all - rights - reserved» Google images - disqualifying them from earning any
royalties derived from those postings [For more information
on this unique social network's monetary model, please see: «Tsū, A New Social Network Pays Indie Authors To Promote Their Work.»]
Royalties are based
on the net payments we actually receive from the sale of printed or electronic (e-book)
copies of your book, minus any shipping and handling charges or sales and use taxes.
(Note that my book is no longer for sale because it's coming out in a revised / updated edition from Writer's Digest Books this fall, and I have little doubt my net
royalty on each ebook
copy of that edition will be less than what I used to get
on the self - published edition — but I'm OK with that).
«Other highlights include: an increase in the
royalty rate (65 %) for eBooks priced $ 10 and above
on all
copies sold, and the ability for authors to set eBook pre-orders 12 months in advance.
If you correlate these reports with the prior churn
on how
royalty statements are not passing the sniff test (my favorite was the authors with the same
royalty statements for eBooks as if they were
copy and pasted) and the picture gets darker.
No
Royalty will be paid
on the transmission or distribution of downloads or other
copies of the Audiobook distributed for free for purposes of review, sample, advertising, publicity or promotion.
Note: No
royalty will be paid to authors
on copies sold during the days when the book is under promotions.
Now, all my print - only books are ebooks
on pirate sites, even though Amazon told me that it never sold any of the illegally created «ebook» versions of my work (except to me) if Amazon lied to me, and if Amazon allows people who illegally bought illegal
copies of my works which were created in violation of my copyrights (and for which I was never paid any
royalties) do you think those re-sales will be legal?
While BookBrewer is known for its ebook distribution, its print -
on - demand hard
copy editions, and some of the highest author
royalties among any of the indie publishing platforms, the site focused
on its AuthorApps feature at the Expo.
But don't you make mistakes either, eg, don't complain that you've sold, say, 22,000
copies and you're not getting the higher
royalty on sales over 20,000 K, without checking.
You give up an awful lot in rights and
royalties just to have the supposed prestige and validation of a publisher's name
on your book's spine, or to see it
on a bookstore shelf for a few weeks, before all the
copies are pulled and remaindered.
In all cases above, the books sold
on Amazon would not qualify as sales for the purposes of author
royalties because they've already been sold, or originally existed as promotional
copies.
If you price your e-book too high, you'll lose out
on sales; conversely, if you offer a print
copy of your self - published novel and set the price too low, you'll jeopardize your
royalties.
100 % of the profits from a dozen
copies sold is not an improvement
on 10 % net
royalty from a couple of thousand.
Now, what's worth noting is this: 707
copies of the book were also downloaded
on Kindle in 5 days during a free promotion I did through the KDP Select program, which was fantastic for exposure but obviously did not yield any
royalties.
Deals are commissioned by us with our standard commission, and we pay
on the remaining monies to the author, with fully - signed
copies of their agreements, accounting and
royalty statements.
But the big fallacy with the commenter's statement is that to receive
royalties on 10,000
copies of a title is that he first has to sell through and earn out his advance.
As for the author
royalty being the same
on an e-book sale as it is for the hard
copy version, well, not only NO but HELL NO.