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#1 |
The Grand Mouse 高貴的老鼠
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Karma: 307935764
Join Date: Jul 2007
Location: Norfolk, England
Device: Kindle Voyage
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Amazon 70% royalty option now live.
For non-public-domain ebooks, for sale between $2.99 and $9.99 inclusive, that are at least 20% cheaper than the cheapest new paper version, Amazon are now offering a 70% of (price less delivery charge) option for US sales.
But it's not automatic! You have to go to you bookshelf at http://dtp.amazon.com/ and manually edit the book details to specify that it's not public domain, change it to the 70% option, and agree to the new terms. So - if you have books for sale in the Amazon Kindle store for between $2.99 and $9.99 and that meet the other criteria, get over there now and change! You'll be almost doubling your income from sales without costing your customers a penny more! |
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#2 |
Addict
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Karma: 1234
Join Date: Jul 2009
Location: Hindelbank, Switzerland
Device: P990i, PRS 505
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So not truly a 70% option like the one google checkout offers.
As a shameless plug my blog entry on mobile apps shops: http://my.opera.com/HP-45/blog/whats-in-a-price From the list one can see that pdassi too has a 70% offer - but in real live I only see 63%. It would be nice if any independent author would enlighten us with real data on the matter Martin |
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#3 |
The Grand Mouse 高貴的老鼠
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Karma: 307935764
Join Date: Jul 2007
Location: Norfolk, England
Device: Kindle Voyage
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I have just gone through my kindle store books and updated the percentages. The delivery charge is $0.15 per megabyte. Most of my ebooks are well under a megabyte, and that $0.15 isn't a minimum. For example, my book about Alfredo Catalani is 430KB and has an RRP of $2.99.
I used to get 0.35*2.99 = $1.04 per sale. I now get 0.70*(2.99-0.42*0.15) = $2.04 per sale, which is just over 68% of the RRP. OTOH, Desbarollda is $6.00 and 3123KB. I used to get 0.35*6 = $2.1 per sale. I now get 0.70*(6-3.05*0.15) = $3.88 per sale, which is about 65% of the RRP. So no, it's not exactly 70%. But it's a lot better than a definite 35%! |
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#4 |
Addict
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Join Date: Jul 2009
Location: Hindelbank, Switzerland
Device: P990i, PRS 505
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#5 | |
The Grand Mouse 高貴的老鼠
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Karma: 307935764
Join Date: Jul 2007
Location: Norfolk, England
Device: Kindle Voyage
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Quote:
Through Smashwords I get 85% for Smashwords sales, 70.5% through a Smashwords affiliate, and 85% of Smashword's income through sales through other retailers. Through Lulu.com I get a variable amount, (RRP-$1.49)*.8, which for most books is worse than Amazon. The best revenue is through Lightning Source, who distribute to a variety of stores, including Books on Board. Although Smashwords is best for direct sales, I really hate their sausage machine approach to conversions. I suspect I ought to drop Lulu completely — they have very low sales, and take a lot in their fixed part of their fee. If your book qualifies for the Amazon 70% rate, that's a good deal, since most ebook sales are probably through Amazon at the moment. I will be getting my books onto the iBooks Store soon, which offers a straight 70%. |
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#6 |
neilmarr
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Join Date: Apr 2009
Location: Monaco-Menton, France
Device: sony
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Folks, Amazon does NOT offer a 70% author royalty from full-service publishing. This 'new deal' simply represents a 30% sales commission from an online retail bookshop that had earlier tried to claim 70% for itself and been caught in the act. Neil
Last edited by neilmarr; 07-02-2010 at 04:49 AM. |
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#7 |
The Grand Mouse 高貴的老鼠
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Karma: 307935764
Join Date: Jul 2007
Location: Norfolk, England
Device: Kindle Voyage
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I didn't mean to give the impression that Amazon did offer such a service. I certainly agree that their previous offer of 35% (not 30%) was far too little.
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#8 |
Author
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Karma: 50000
Join Date: Apr 2010
Location: Florida
Device: kindle
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I opted into the 70 percent royalty option at Amazon a few days ago. Sales have decreased somewhat, since my price went from 99 cents to $2.99. I think that eventually readers will view $2.99 as a rock bottom price at Amazon. At least I hope they will, as more authors opt for the 70 percent royalty. We'll see.
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#9 |
ebookworm
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Karma: 100026
Join Date: Apr 2010
Location: Canada
Device: Kobo, Kindle
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I opted in yesterday, too. Sales haven't slowed, and I'm earning a lot more money. It's a great time to be an author.
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#10 |
Author
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Join Date: Jun 2010
Location: Rainier, WA
Device: Nook WiFi
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I've debated changing the prices on my books (I've been using $1.99) but I think right now I'm going to leave the price as it is — but my next new e-book will probably debut at $2.99-3.99 and I'll see how that goes.
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#11 |
Connoisseur
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Karma: 100000
Join Date: Mar 2010
Location: Los Angeles
Device: Kindle
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I hate their new DTP pages for tracking royalties. It's made it a real chore to figure out what you're earning.
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#12 | |
Author
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Join Date: Jun 2010
Location: California
Device: Kindle
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Quote:
About the 2.99 thing, I moved up a book to 2.99 from 0.99 on Amazon and took a 50% sales hit so far. That still means I'm making triple the money, but it is worrisome. I've dropped from the 1000s to the 4000s on my "Blood of Gold" title, entirely due to the price change as far as I can tell. |
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#13 |
Great Beach Reads!
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Join Date: Dec 2009
Device: Kindle 2
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I'm very happy to receive the 70% royalty - and, as a big ebook purchaser, I think $2.99 is more than fair for a full-length novel. I'm comfortable paying up to $5.99 or $6.99 but read too much to buy ebooks at $12-$15. Even $9.99 is reserved for very special purchases.
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#14 | |
Author
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Join Date: Apr 2010
Location: Florida
Device: kindle
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#15 |
Connoisseur
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Join Date: Mar 2010
Location: Los Angeles
Device: Kindle
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For me, my sales have actually gone up since the royalty option changed (not that I think my sales are in any way related to the change) and I am now making twice as much as I did before, so I couldn't be happier. I consider myself very lucky and I don't expect this to last forever. But I am philosophical about it... whatever I make, no matter how high or low, is found money, considering that my Kindle titles are all out-of-print books that weren't earning my anything anymore.
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