Bookshelf | Reports | Community | KDP Select

Home » Amazon KDP Support » Ask the Community » General Questions

Thread: What happened to the money a book sold for?


This question is not answered. Helpful answers available: 2. Correct answers available: 1.

Reply to this Thread Reply to this Thread Search Forum Search Forum Back to Thread List Back to Thread List

Permlink Replies: 15 - Pages: 2 [ 1 2 | Next ] - Last Post: Feb 4, 2018 4:16 PM Last Post By: Ned Kelly Threads: [ Previous | Next ]
Sandy Kerby

Posts: 1
Registered: 09/11/14
What happened to the money a book sold for?
Posted: Feb 1, 2018 9:00 PM
 
Click to report abuse...   Click to reply to this thread Reply
I published a book for my aunt a couple of years ago and it never sold. She kept telling me that someone (she refused to tell me who) had told her that the book wasn't available for sale. I assured her it was but she kept after me about it and wouldn't believe me so I had to buy the book to prove to her it was available. When the payment came it was only the royalty. My question is who got the money that the book sold for? I presumed we would get the price of the book plus the royalty. I have to admit I really had no idea what I was doing when I published this book and really didn't want to do it but she was 96 years old and I didn't want to disappoint her. Thanks for any information anyone can give me.
Donna St Felix

Posts: 6,360
Registered: 09/18/13
Re: What happened to the money a book sold for?
Posted: Feb 1, 2018 9:45 PM   in response to: Sandy Kerby in response to: Sandy Kerby
 
Click to report abuse...   Click to reply to this thread Reply
Sandy Kerby wrote:
..... When the payment came it was only the royalty. My question is who got the money that the book sold for? I presumed we would get the price of the book plus the royalty

Seriously?
Bernard Davis

Posts: 19
Registered: 01/21/18
Re: What happened to the money a book sold for?
Posted: Feb 1, 2018 9:48 PM   in response to: Sandy Kerby in response to: Sandy Kerby
 
Click to report abuse...   Click to reply to this thread Reply
Royalty is a percentage of the selling price of the book.
The rest of the selling price goes to the vendor, printer, post and packing and taxes.
So all you get is that percentage.
HTH
Bernard D
Notjohn

Posts: 24,147
Registered: 02/27/13
Re: What happened to the money a book sold for?
Posted: Feb 2, 2018 2:29 AM   in response to: Sandy Kerby in response to: Sandy Kerby
 
Click to report abuse...   Click to reply to this thread Reply
I presumed we would get the price of the book plus the royalty

You're joking, surely? You let your aunt believe that Amazon PAYS us for the privilege of marketing our books, above and beyond the sales price? That Amazon will sell a book for $9.99 and give the publisher $16.99 in exchange?

I don't believe this. I think you are Franchesca, or them, or both of Them.

(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 (2018 edition)

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

Posts: 5,812
Registered: 05/12/12
Re: What happened to the money a book sold for?
Posted: Feb 2, 2018 4:58 AM   in response to: Notjohn in response to: Notjohn
 
Click to report abuse...   Click to reply to this thread Reply
Notjohn wrote:
I don't believe this. I think you are Franchesca, or them, or both of Them.
They are Legion!
Salamander Mall...

Posts: 1,014
Registered: 10/16/17
Re: What happened to the money a book sold for?
Posted: Feb 2, 2018 6:23 AM   in response to: writerbn in response to: writerbn
 
Click to report abuse...   Click to reply to this thread Reply
writerbn wrote:
Notjohn wrote:
I don't believe this. I think you are Franchesca, or them, or both of Them.
They are Legion!

And you are Kevin McCarthy at the end of the film...
Ron Chappell

Posts: 1,399
Registered: 12/30/12
Re: What happened to the money a book sold for?
Posted: Feb 3, 2018 4:03 PM   in response to: Sandy Kerby in response to: Sandy Kerby
 
Click to report abuse...   Click to reply to this thread Reply
Sandy, I wondered that exact same thing after publishing my first book. A couple of months later I sobered up and realized I'd been spending it all on beer. ;^)
George Garrigues

Posts: 263
Registered: 08/13/15
Re: What happened to the money a book sold for?
Posted: Feb 3, 2018 4:41 PM   in response to: Notjohn in response to: Notjohn
 
Click to report abuse...   Click to reply to this thread Reply
I think the original poster was serious, or at least was reflecting something he had heard about. People in general have no idea how the economy works, how prices and profits relate to each other, what is going on in the world, and lots other stuff. How else can you explain how people fall for swindles, for bunco schemes, for get-rich-quick ideas, for flapdoodles of various kinds? They literally are ignorant, or they want to believe, or something. So I would not scoff at this fellow, but gently inform him of the facts. We are all ignorant, only about different things.
George Garrigues

Posts: 263
Registered: 08/13/15
Re: What happened to the money a book sold for?
Posted: Feb 3, 2018 4:43 PM   in response to: Bernard Davis in response to: Bernard Davis
 
Click to report abuse...   Click to reply to this thread Reply
Very nice reply, Bernard. You were not making fun of this person. Shows class.
Josef Peeters

Posts: 39
Registered: 10/01/16
Re: What happened to the money a book sold for?
Posted: Feb 3, 2018 8:06 PM   in response to: Sandy Kerby in response to: Sandy Kerby
 
Click to report abuse...   Click to reply to this thread Reply
Some people are afflicted with little-to-no common-sense, you happen to fall into that category.
Notjohn

Posts: 24,147
Registered: 02/27/13
Re: What happened to the money a book sold for?
Posted: Feb 4, 2018 3:09 AM   in response to: George Garrigues in response to: George Garrigues
 
Click to report abuse...   Click to reply to this thread Reply
People in general have no idea how the economy works, how prices and profits relate to each other, what is going on in the world, and lots other stuff.

Yes, I suppose that's true. The student newspaper at the university downtown (same university I graduated from!) once reported that the bookstore has suffered a "profit loss."

And a physician friend explained that she had canceled her ATT cell phone contract and switched to a carrier that would give a substantial amount of its income to charity. I asked her what she thought ATT's profit margin was, and she guessed 40 percent. It was, at the time, less than 4 percent.

(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 (2018 edition)

The blog: https://notjohnkdp.blogspot.com
Cynthia E. Hurst

Posts: 1,897
Registered: 02/25/13
Re: What happened to the money a book sold for?
Posted: Feb 4, 2018 3:18 AM   in response to: George Garrigues in response to: George Garrigues
 
Click to report abuse...   Click to reply to this thread Reply
George Garrigues wrote:
I think the original poster was serious, or at least was reflecting something he had heard about. People in general have no idea how the economy works, how prices and profits relate to each other, what is going on in the world, and lots other stuff. How else can you explain how people fall for swindles, for bunco schemes, for get-rich-quick ideas, for flapdoodles of various kinds? They literally are ignorant, or they want to believe, or something. So I would not scoff at this fellow, but gently inform him of the facts. We are all ignorant, only about different things.

True enough, but you'd have to be extremely naive to think Amazon got where it is by making a loss on every book sold.

James Duggan

Posts: 242
Registered: 02/08/14
Re: What happened to the money a book sold for?
Posted: Feb 4, 2018 5:04 AM   in response to: George Garrigues in response to: George Garrigues
 
Click to report abuse...   Click to reply to this thread Reply
George Garrigues wrote:
Very nice reply, Bernard. You were not making fun of this person. Shows class.

George, when I first read the original OP's post my eyes went into orbit and I was sorely tempted to write a scathing reply. When they steadied I remembered that in another life I was a driving instructor.
When you have spent hours, literally hours, trying explain to a twenty year old which way to turn a steering wheel to go in a certain direction, (something most two year olds can do almost naturally) it is easy to understand the problem here.
The sort of ignorance exhibited by the poster is in my experience common and should not be mocked. We have all, without exception, had to learn everything we know at some time or other. We were not born with a head full of knowledge. Whether it is taught or self learned is irrelevant. So I'm with you. Let's give the poster a leg up and hope she hasn't been frightened off.
I don't need to explain how it all works as I see Bernard has already done it. Well done that man.
To the poster; don't be put off, keep asking the questions. Someone will answer them.
I look forward to your first best seller, just like mine😉, I wish.
Now if you'd rather be a driving instructor.............

Jim.
Gary O'Riley

Posts: 1,112
Registered: 09/24/12
Re: What happened to the money a book sold for?
Posted: Feb 4, 2018 5:42 AM   in response to: James Duggan in response to: James Duggan
 
Click to report abuse...   Click to reply to this thread Reply
My abiding memory of learning to drive was the feeling of the brake pedal falling away under my foot as the instructor jumped on his dual control peddle!

It happened at least once during every lesson. With endless patience, he would calmly ask: "Did you really want to drive into that brick wall?" Or something similar.
James Duggan

Posts: 242
Registered: 02/08/14
Re: What happened to the money a book sold for?
Posted: Feb 4, 2018 1:58 PM   in response to: Gary O'Riley in response to: Gary O'Riley
 
Click to report abuse...   Click to reply to this thread Reply
Gary O'Riley wrote:
My abiding memory of learning to drive was the feeling of the brake pedal falling away under my foot as the instructor jumped on his dual control peddle!

It happened at least once during every lesson. With endless patience, he would calmly ask: "Did you really want to drive into that brick wall?" Or something similar.


Gary, what did I say, what did I say!!!
For the first time ever one of my reply posts has gone to mod land. Maybe it'll turn up in a day or two.

Jim.
Legend
Helpful Answer
Correct Answer

Point your RSS reader here for a feed of the latest messages in all forums