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Originally Posted by Wetdogeared
From cmwilson's statement, it sounds as if Amazon *is* squeezing the publishers for lower prices, they get their 65% whatever the price is.
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Amazon gets 65% of the retail price (set by the publisher) less whatever discount Amazon applies to the book. For instance, I set the retail price of Books II and III of my trilogy at $9.99, and Amazon is currently discounting them at $7.99. That $2 comes out of their 65%. I still get my $3.50. (Which is less than I make on a paperback sale.) Amazon gets $4.50.
Quote:
Originally Posted by Wetdogeared
cmsilson did not disclose what amount/percent the authors royalties were who are not author/publishers like herself.
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An author's royalties depend on what the author can negotiate with his/her publisher. Typically, after earning out the advance, the author gets 8-12% of the "net," which is cover price less costs, typically half the cover price of the book for a dead tree book. I don't know what the current royalty rate is for ebooks, but I doubt most authors are willing to take less for an ebook sale than a paperback sale.
Since I am both the author and the publisher, I get to keep the whole $3.50 (my 35%), but of course I also have to pay the full cost of publication.
Catherine M. Wilson
http://www.whenwomenwerewarriors.com/
http://www.catherine-m-wilson.com/