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» Home » Royalties RoyaltiesRoyalty, 'net sales', page count, trim size, cover price, discount, printing cost - there are a dozen ways to calculate it, but the bottom line when considering a self-publishing company is this: Most of your sales will come through online retailers like Amazon.com, BN.com and others, so if a publisher can't give you a straight answer on this question, look elsewhere. Many companies try to give the impression that you're getting a 50% royalty when they say '50% of net sales.' Then they offer you a formula with several variables and leave you figure it out yourself. Others let you 'set your own royalty' then simply keep raising the price of your book to make up the difference - effectively killing sales. What about ebooks?All WingSpan Press books can also be published as ebooks and Amazon Kindle Your book can be formatted and published via Amazon Kindle in Amazon's proprietary Kindle format, and also be prepared in a universal 'epub' format and distributed through Ingram Book Group, just as your print book is. It will be available worldwide, and can be read on virtually any ebook device made, including Nook and iPad.
How do online sales work exactly?Do I have to pay for books up front? Ship them myself? Note that publishers don't actually sell books at retail. We sell them wholesale to distributors, namely Ingram Book Group, the world's largest book distributor; they in turn provide them to thousands of retailers. When someone buys your book, whether it's a buyer on Amazon or BN.com, or they walk in and order it from a brick and mortar bookstore, that order passes electronically from the retailer to Ingram to the printer, where your print-on-demand book is printed and shipped immediately, usually in 24 hours - often faster than books stored in a warehouse can be shipped. The distributor notifies us of the sale, and your royalty is credited to your account. No action is required on your part at all and there's no cost to you. That's the beauty of print-on-demand publishing. Can retailers change the price of my book? Retailers - Amazon's a good example - can, and often do - sell books at a discount. Like any store, they sometimes have 'sales.' But your earnings are not affected. Your royalty remains the same no matter what they sell it for. How am I paid? Through your WingSpan login, you will be able to track sales by month. At the end of any quarter in which there is more than $50 in your account, you'll also receive a check. What about books I order for myself?Books which you buy yourself are yours to do with as you like. Sell them, give them away, send them to reviewers, and price them any way you wish. You may buy any quantity - 1, 100, however many you need. Questions about cover pricing? Click here for details. |