azteclady
#IndieAuthors #Kindle #Royalties @romancelandia @ScribblingSandy
Heads up: royalty rates for indie titles on amazon have been changed down to 35% from 70%
Apparently they can be switched back, but you have to do it manually, and keep your eye on that.
Amazon is not a partner you can trust.
Edited to add: Emma Barry shared these on twitter (re-posted with permission)
Joyce Lionarons
@notTheAudience @herhandsmyhands
To get the 70% rate you must only sell your books on Amazon. If you list them for sale somewhere else, the rate is 35%. My royalty rate has not changed, and I wonder if the authors who have seen changes are selling their books on another site (or Amazon thinks they are).
Viggo Bergman
@herhandsmyhands Royalty rate is a *setting* that authors can *change*?!? Who in their right mind would let Amazon take 65% when you can hold them to 30%? (There must be another dimension here I don't understand.)
peachfront
@notTheAudience @joyce @herhandsmyhands
That's not correct context, it's literal misinformation
I sell lots of wide books at the 70% royalty rate on Amazon but you do have to price at $2.99 or higher
I just double-checked this month's biggest seller for me on Amazon, and it is indeed still listed at the royalty rate of 70% even though it's not in the Kindle Unlimited library & they know it is widely distributed at all of the major online retailers
Viggo Bergman
@joyce @herhandsmyhands thank you, that’s the extra context I was missing.
peachfront
@joyce @notTheAudience @herhandsmyhands
Yep, you're absolutely wrong about that. The 70% royalty rate on Amazon is for books that are in the price range $2.99-9.99. It has nothing to do with whether or not you're an Amazon exclusive/in the Kindle Unlimited library. The royalty payment plan is public information, so you can see it here on Amazon: https://kdp.amazon.com/en_US/help/topic/G202187870
Joyce Lionarons
@peachfront @notTheAudience @herhandsmyhands
Okay. But it's my understanding that for the 70% royalty rate you must sell only on Amazon. Am I wrong about that?
Joyce Lionarons
@peachfront @notTheAudience @herhandsmyhands
Whoops. My bad. Thank you for correcting me.
kaia
Joyce Lionarons
@kaia @herhandsmyhands @notTheAudience @peachfront
Since my post was apparently wrong, I deleted it.
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