Register Guidelines E-Books Today's Posts Search

Go Back   MobileRead Forums > E-Book General > News

Notices

Reply
 
Thread Tools Search this Thread
Old 12-02-2009, 05:00 PM   #31
Daithi
Publishers are evil!
Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.
 
Daithi's Avatar
 
Posts: 2,418
Karma: 36205264
Join Date: Mar 2008
Location: Rhode Island
Device: Various Kindles
It actually may be better to go directly through Amazon instead of Smashwords. It doesn't look like Amazon discounts the Smashwords titles, but publishers (even small self-publishers) have their books discounted 20% (at least at the moment). So here's the math

I list my book for $12.49
_____________-$_2.50 (Amazon discounts price by 20%)
______________--------
______________$ 9.99 (Amazon sales price)

______________$ 4.37 (My royalty based on 35% of $12.49 list price)
_____________43.74% (My royalty based on $9.99 sales price)

Smashwords gives the author 42.5%

Last edited by Daithi; 12-02-2009 at 05:05 PM.
Daithi is offline   Reply With Quote
Old 12-02-2009, 06:19 PM   #32
fugazied
Wizard
fugazied once ate a cherry pie in a record 7 seconds.fugazied once ate a cherry pie in a record 7 seconds.fugazied once ate a cherry pie in a record 7 seconds.fugazied once ate a cherry pie in a record 7 seconds.fugazied once ate a cherry pie in a record 7 seconds.fugazied once ate a cherry pie in a record 7 seconds.fugazied once ate a cherry pie in a record 7 seconds.fugazied once ate a cherry pie in a record 7 seconds.fugazied once ate a cherry pie in a record 7 seconds.fugazied once ate a cherry pie in a record 7 seconds.fugazied once ate a cherry pie in a record 7 seconds.
 
fugazied's Avatar
 
Posts: 1,305
Karma: 1958
Join Date: Jan 2009
Device: iPod Touch
The quality of conversions that I have seen from Smashwords has been pretty good, but yeah, a lot of reports of duds floating around.

It's all so hit and miss still...
fugazied is offline   Reply With Quote
Advert
Old 12-03-2009, 05:51 AM   #33
pdurrant
The Grand Mouse 高貴的老鼠
pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.
 
pdurrant's Avatar
 
Posts: 71,506
Karma: 306214458
Join Date: Jul 2007
Location: Norfolk, England
Device: Kindle Voyage
That's fine for authors, or publishers who are paying authors a percentage of wholesale price. Publishers paying authors a percentage of retail price are a lot better off with Smashwords.

Quote:
Originally Posted by Daithi View Post
It actually may be better to go directly through Amazon instead of Smashwords. It doesn't look like Amazon discounts the Smashwords titles, but publishers (even small self-publishers) have their books discounted 20% (at least at the moment). So here's the math

I list my book for $12.49
_____________-$_2.50 (Amazon discounts price by 20%)
______________--------
______________$ 9.99 (Amazon sales price)

______________$ 4.37 (My royalty based on 35% of $12.49 list price)
_____________43.74% (My royalty based on $9.99 sales price)

Smashwords gives the author 42.5%
pdurrant is offline   Reply With Quote
Old 12-03-2009, 09:25 AM   #34
Daithi
Publishers are evil!
Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.
 
Daithi's Avatar
 
Posts: 2,418
Karma: 36205264
Join Date: Mar 2008
Location: Rhode Island
Device: Various Kindles
Quote:
Originally Posted by pdurrant View Post
That's fine for authors, or publishers who are paying authors a percentage of wholesale price. Publishers paying authors a percentage of retail price are a lot better off with Smashwords.
How do you figure? Amazon is paying on a percentage of retail price.
Daithi is offline   Reply With Quote
Old 12-03-2009, 09:47 AM   #35
BearMountainBooks
Maria Schneider
BearMountainBooks ought to be getting tired of karma fortunes by now.BearMountainBooks ought to be getting tired of karma fortunes by now.BearMountainBooks ought to be getting tired of karma fortunes by now.BearMountainBooks ought to be getting tired of karma fortunes by now.BearMountainBooks ought to be getting tired of karma fortunes by now.BearMountainBooks ought to be getting tired of karma fortunes by now.BearMountainBooks ought to be getting tired of karma fortunes by now.BearMountainBooks ought to be getting tired of karma fortunes by now.BearMountainBooks ought to be getting tired of karma fortunes by now.BearMountainBooks ought to be getting tired of karma fortunes by now.BearMountainBooks ought to be getting tired of karma fortunes by now.
 
BearMountainBooks's Avatar
 
Posts: 3,746
Karma: 26439330
Join Date: Aug 2009
Location: Near Austin, Texas
Device: 3g Kindle Keyboard
There is also no guessing what Amazon will discount -- when or why. Before I was published on Kindle other self-published authors were telling me how to price to get Amazon to discount. Apparently for a while, Amazon discounted $1.00 books to .80 cents. Other already low prices were discounted also. But then it stopped, no warning, no reason. (And I'm not saying they should offer a rhyme or reason.)

While I'd love for Amazon to do a discount that didn't cost me, I'm not going to make any decisions on where to publish based on discounts. Not unless they publish a formula...
BearMountainBooks is offline   Reply With Quote
Advert
Old 12-03-2009, 10:10 AM   #36
pdurrant
The Grand Mouse 高貴的老鼠
pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.
 
pdurrant's Avatar
 
Posts: 71,506
Karma: 306214458
Join Date: Jul 2007
Location: Norfolk, England
Device: Kindle Voyage
Yes, Amazon are paying a percentage of retail, not the price at which the book sells.

Say the retail price for an ebook I publish is $10.
Amazon will pay me $3.50 per sale.
Smashwords will pay me $4.25 sale.

Either way, if I'm paying the author 20% of retail price, I need to pay them $2 when a book sells.

So selling through Smashwords on Amazon will net me $2.25 compared to $1.50 from going direct.

Suppose I do go direct, and knowing that Amazon will probably discount my book by 20%, I set the retail price at $12.50, so it sells for $10. Amazon will pay me $4.37, which is more that I'd get selling it for $10 through Smashwords. But I'd then have to pay the author $2.50, leaving me with $1.87, still worse off than selling through Smashwords for $10.


Quote:
Originally Posted by Daithi View Post
How do you figure? Amazon is paying on a percentage of retail price.
pdurrant is offline   Reply With Quote
Old 12-03-2009, 10:58 AM   #37
Daithi
Publishers are evil!
Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.Daithi ought to be getting tired of karma fortunes by now.
 
Daithi's Avatar
 
Posts: 2,418
Karma: 36205264
Join Date: Mar 2008
Location: Rhode Island
Device: Various Kindles
Quote:
Originally Posted by pdurrant View Post
Yes, Amazon are paying a percentage of retail, not the price at which the book sells.

Say the retail price for an ebook I publish is $10.
Amazon will pay me $3.50 per sale.
Smashwords will pay me $4.25 sale.

Either way, if I'm paying the author 20% of retail price, I need to pay them $2 when a book sells.

So selling through Smashwords on Amazon will net me $2.25 compared to $1.50 from going direct.

Suppose I do go direct, and knowing that Amazon will probably discount my book by 20%, I set the retail price at $12.50, so it sells for $10. Amazon will pay me $4.37, which is more that I'd get selling it for $10 through Smashwords. But I'd then have to pay the author $2.50, leaving me with $1.87, still worse off than selling through Smashwords for $10.
I understand.
Daithi is offline   Reply With Quote
Old 12-03-2009, 12:19 PM   #38
neilmarr
neilmarr
neilmarr ought to be getting tired of karma fortunes by now.neilmarr ought to be getting tired of karma fortunes by now.neilmarr ought to be getting tired of karma fortunes by now.neilmarr ought to be getting tired of karma fortunes by now.neilmarr ought to be getting tired of karma fortunes by now.neilmarr ought to be getting tired of karma fortunes by now.neilmarr ought to be getting tired of karma fortunes by now.neilmarr ought to be getting tired of karma fortunes by now.neilmarr ought to be getting tired of karma fortunes by now.neilmarr ought to be getting tired of karma fortunes by now.neilmarr ought to be getting tired of karma fortunes by now.
 
neilmarr's Avatar
 
Posts: 7,216
Karma: 6000059
Join Date: Apr 2009
Location: Monaco-Menton, France
Device: sony
Hello there LLreader. Sorry to be late back: ***Could you give us some specifics? Are you automating the process? What formats are you converting? I assume you are putting everything into Word format, no?***

I must confess to being a technodunce, so please forgive me if my response ain't full enough (email me for more detail). Our two technotops, Tony and Alex, are dealing with this. No way is the process automated. We must go back to the Word source file from which we created our PDFs, convert to SM specs, correct layout anomalies and proofread each title for tiny conversion-generated errors before it's ready to put over. Gonna be a long haul, but it might get speedier as we get into our stride. Cheers. Neil
neilmarr is offline   Reply With Quote
Reply


Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Over 50 Smashwords Free Books Hit Kindle Store? koland Deals and Resources (No Self-Promotion or Affiliate Links) 20 10-29-2010 02:19 AM
Tech Review: Cheap E-Paper Displays Coming to a Store Near You kjk News 5 07-13-2010 01:22 PM
Epub coming to the Sony Store on 11 December Nate the great News 184 01-17-2010 08:39 AM
Sony adds Author Solutions and Smashwords to Online Store The-eBook-Reader Sony Reader 5 09-29-2009 11:20 AM
Store 30gig on a Credit Card - Coming in 2006 Bob Russell Lounge 2 06-11-2005 05:46 AM


All times are GMT -4. The time now is 04:18 AM.


MobileRead.com is a privately owned, operated and funded community.