I didn't go through smashwords, I used Sony's facilitator Amnet. I think they're in India.
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Is that just in America? I don't get anything for UK "sales" of something that is free. If they pay for free stuff in America that would explain why they didn't make it free there.
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O.K. Please realize I am a newbie at this stuff, but if you get the same money from Amazon then what is the downside of them reducing the price?
Is it that the books appear devalued to others? Does that affect you immediately or in the long run?
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No, Maybe I didn't make myself clear. If I nominate a book to sell in Amazon for $9.95
(not free)then my cut is about $6.95 or so. If Amazon decide to discount or give it away free I still get my $6.95.
(I've only read about it. It hasn't happened to me)
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I believe they did this at first, but stopped the practice earlier in 2011. I don't get any royalty at all for the books I have for free there and haven't since the first ones went free in May.
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Did you assign it a price of $0 or did Amazon? If you did, then there's no reason for Amazon to pay a percentage.
Now getting back to the original problem. The agreement with Amazon is that I not sell a print or electronic version through any other sales outlet cheaper than Amazon. If Amazon finds out there is a cheaper one out there they will drop their price to match and subsequently my portion is reduced.
Meanwhile if Sony discount the books without my consent and Amazon follows suit, the whole box and dice can go spiraling down.
Thanks for your feedback. Looks like it's time reread that contract.
If anyone else had actually gone through this scenario I'd certainly like to hear from you.