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Thread: Amazon discounting my print book so much that they are losing money... why?


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Permlink Replies: 5 - Pages: 1 - Last Post: Dec 7, 2017 6:47 PM Last Post By: Joe Baldizzone
Chuck Ripka

Posts: 25
Registered: 12/28/15
Amazon discounting my print book so much that they are losing money... why?
Posted: Dec 7, 2017 4:46 AM
 
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Hey guys, I have a print book published through CS and just noticed that Amazon has been selling my book at a very steep discount (81%) off my listing price, and this is actually a good thing for me as CS, or Amazon pays me the royalty based on the listing price. But according to my calculation, Amazon must be losing money. The royalty they are paying me is way higher than the chunk they are taking from the actual price paid by customers. The more my book sells, the more money they (Amazon) will be losing! Again, I don't mind this, but wonder why they would do this besides to fend off the competitors like Barnes and Noble?
Francis Campagna

Posts: 6
Registered: 06/09/16
Re: Amazon discounting my print book so much that they are losing money... why?
Posted: Dec 7, 2017 6:40 AM   in response to: Chuck Ripka in response to: Chuck Ripka
 
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They want customers to buy your book, and other things they do make money on, Many authors give away books, hoping you will buy their others.
cdalebrittain

Posts: 11,597
Registered: 03/05/11
Re: Amazon discounting my print book so much that they are losing money... why?
Posted: Dec 7, 2017 6:55 AM   in response to: Chuck Ripka in response to: Chuck Ripka
 
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Is your book God out of the Box? It's the only one I found with your name.

If so, I don't understand your question. It looks like it was published ten years ago in hardcover by a traditional publisher. That's the book that is being sold at 81% off. I don't see a CS edition listed at all.

The hardcover appears to be out of print. Amazon may have bought up remainder stock from the publisher for pennies on the dollar, or may have had a few extra copies in their warehouse, and they are trying to move them out the door.

PS If you have the rights to your book back from the publisher and are doing the ebook through KDP, drop the price below $10. It's now priced a little over $10, which means (assuming you're in KDP, and it's not the trad publisher who made it available as an ebook) that you're in the 35% royalty range, and thus are only getting about half as much in royalties for each sale as you would if you priced at $9.99, when you'd be in the 70% royalty range.

That said, you'd probably sell more than twice as many copies at $4.99.
Notjohn

Posts: 23,805
Registered: 02/27/13
Re: Amazon discounting my print book so much that they are losing money... why?
Posted: Dec 7, 2017 10:15 AM   in response to: Chuck Ripka in response to: Chuck Ripka
 
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If that's "God Out of the Box" by Chuck Ripka, I don't see a CS paperback, only a strangely priced ebook and Marketplace copies of a 2007 hardcover.

I don't think Amazon is in the business of losing money on self-published authors.

OOPS: sorry, Dale, didn't mean to step on your reply!

(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

Edited by: Notjohn on Dec 7, 2017 10:15 AM
billhiatt

Posts: 3,505
Registered: 09/15/12
Re: Amazon discounting my print book so much that they are losing money... why?
Posted: Dec 7, 2017 12:25 PM   in response to: Notjohn in response to: Notjohn
 
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I don't think so, either, but Amazon has discounted some of my paperbacks below print cost at times. I assume it's some kind of glitch in whatever bot handles that.
Joe Baldizzone

Posts: 104
Registered: 03/17/17
Re: Amazon discounting my print book so much that they are losing money... why?
Posted: Dec 7, 2017 6:47 PM   in response to: Chuck Ripka in response to: Chuck Ripka
 
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Just bought the book :).
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