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Thread: If I set royalties at 70% but the ebook price is 0.99...


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Permlink Replies: 8 - Pages: 1 - Last Post: Dec 6, 2017 1:22 PM Last Post By: writerbn
Pamela Scarati

Posts: 17
Registered: 06/14/16
If I set royalties at 70% but the ebook price is 0.99...
Posted: Dec 6, 2017 3:32 AM
 
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Hi eveyone,

I need your support. As we all know, to set royalties at 70%, an ebook price must be at least 2.99.

My question is: if the ebook price on other stores is lower and Amazon adapts its price going under 2.99, do royalties remain at 70% as we set or they fall at 35% automatically?

Sorry, maybe it's a stupid question, but I coul not find any answer to it. Maybe it will be useful to other people too :)

Thank you!
P
writerbn

Posts: 5,635
Registered: 05/12/12
Re: If I set royalties at 70% but the ebook price is 0.99...
Posted: Dec 6, 2017 4:25 AM   in response to: Pamela Scarati in response to: Pamela Scarati
 
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The royalty percentage you set will be overruled by the price in individual markets.

For example, I have books priced at $2.99 in the US, but INR 59 in the Indian market. They have a 70% royalty in the US but 35% in India.
Pamela Scarati

Posts: 17
Registered: 06/14/16
Re: If I set royalties at 70% but the ebook price is 0.99...
Posted: Dec 6, 2017 4:29 AM   in response to: writerbn in response to: writerbn
 
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All right, thanx!

But what if in the US Amazon adapts its price to other stores, going under 2.99? Do royalties change? That's my concern.

Thank you again if you know ^^
writerbn

Posts: 5,635
Registered: 05/12/12
Re: If I set royalties at 70% but the ebook price is 0.99...
Posted: Dec 6, 2017 6:07 AM   in response to: Pamela Scarati in response to: Pamela Scarati
 
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Pamela Scarati wrote:
All right, thanx!

But what if in the US Amazon adapts its price to other stores, going under 2.99? Do royalties change? That's my concern.


If your book is priced lower at another retailer (like iBooks or B&N), then they'll either price-match and you get a lower royalty if it drops below the threshold, or (more likely) they'll send you a nasty e-mail telling you that you're violating the terms of your agreement with KDP.
Joseph M Erhardt

Posts: 4,725
Registered: 12/21/15
Re: If I set royalties at 70% but the ebook price is 0.99...
Posted: Dec 6, 2017 6:26 AM   in response to: Pamela Scarati in response to: Pamela Scarati
 
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Also, for a few foreign locations, the 70% is lowered to 35% if your book is not in Select. When someone first pointed this out to me, I admit to being surprised.

However, it's still not enough incentive for me to get back into Select.
Salamander Mall...

Posts: 836
Registered: 10/16/17
Re: If I set royalties at 70% but the ebook price is 0.99...
Posted: Dec 6, 2017 7:03 AM   in response to: Pamela Scarati in response to: Pamela Scarati
 
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They might match the price, losing your your high royalty. Or they might tell you to take a hike for breaking your contract.
writerbn

Posts: 5,635
Registered: 05/12/12
Re: If I set royalties at 70% but the ebook price is 0.99...
Posted: Dec 6, 2017 9:28 AM   in response to: Joseph M Erhardt in response to: Joseph M Erhardt
 
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Joseph M Erhardt wrote:
Also, for a few foreign locations, the 70% is lowered to 35% if your book is not in Select.

India: 35% royalty, on which you pay 10% Singapore tax + 18% GST. It's still better than the KENP payout, but that's not saying much...
cub06h

Posts: 3,199
Registered: 11/23/07
Re: If I set royalties at 70% but the ebook price is 0.99...
Posted: Dec 6, 2017 1:10 PM   in response to: writerbn in response to: writerbn
 
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One of the things I like about the new month-to-date report is that it includes all stores, so I don't have to click forlornly through IN and NL and BR to see how profitless they are.

Oh, and MX!

(Don't trust KDP to publish a print edition. Don't trust CreateSpace to publish an ebook. Each does one thing well and the other thing poorly.)

Good luck! -- NJ

Notjohn's Guide to E-Book & Print Formatting

The blog:
http://notjohnkdp.blogspot.com
writerbn

Posts: 5,635
Registered: 05/12/12
Re: If I set royalties at 70% but the ebook price is 0.99...
Posted: Dec 6, 2017 1:22 PM   in response to: cub06h in response to: cub06h
 
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cub06h wrote:
One of the things I like about the new month-to-date report is that it includes all stores, so I don't have to click forlornly through IN and NL and BR to see how profitless they are.
For my most popular pen name, India is still miles ahead of all the other marketplaces combined in terms of unit sales, but it's only ~20% of my total royalties.
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