Anonymous coward, now you are unmasked. You must be a PTR flack for Hachette or a subsidiary. Amazon royalties are 30% $0.99 to $2.99, 70% up to $9.00, and 30% over $9.99. CresteSpace allows the author to set sales price; Therefore, setting their own royalty rate. This can be as high as 40%, higher than any Tragic 5 publisher pays. They pay, by their own admission, only 12.5% at best. Most authors actually get 2.5% to 5% royalties.
Anonymous on 7/3 @ 20:18 made a specious claim. Amazon, as that same link says, "makes pre-orders available because they get pre-release shipments." (My emphasis.) Since Hachette is holding the orders, how can they legally take pre-orders? You musdt be either a Hachette PR flack, or a 1%er. In either case, you show an appalling lack of economic and business sense.
I talked to an "independent book seller, over the weekend. Apparently, CS (and maybe the others) set "order numbers" that there is no profit left. So, I propose a solution. As authors, we buy at "no royalty/profit" rates. So, I am going to buy 10-20 of my upcoming book (direct) and ship them to the book seller. Amazon, B&N, etc. can aggregate orders to make money. Indies can't. I want my book where people will see it, and maybe buy it. Even if they later order it through Amazon.
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Re: Re: Re: Re:
Anonymous coward, now you are unmasked. You must be a PTR flack for Hachette or a subsidiary. Amazon royalties are 30% $0.99 to $2.99, 70% up to $9.00, and 30% over $9.99. CresteSpace allows the author to set sales price; Therefore, setting their own royalty rate. This can be as high as 40%, higher than any Tragic 5 publisher pays. They pay, by their own admission, only 12.5% at best. Most authors actually get 2.5% to 5% royalties.
Re: One percent authors want
Anonymous on 7/3 @ 20:18 made a specious claim. Amazon, as that same link says, "makes pre-orders available because they get pre-release shipments." (My emphasis.) Since Hachette is holding the orders, how can they legally take pre-orders?
You musdt be either a Hachette PR flack, or a 1%er. In either case, you show an appalling lack of economic and business sense.
Difficulty with independent booksellers and Createspce, et. al
I talked to an "independent book seller, over the weekend. Apparently, CS (and maybe the others) set "order numbers" that there is no profit left. So, I propose a solution. As authors, we buy at "no royalty/profit" rates. So, I am going to buy 10-20 of my upcoming book (direct) and ship them to the book seller. Amazon, B&N, etc. can aggregate orders to make money. Indies can't.
I want my book where people will see it, and maybe buy it. Even if they later order it through Amazon.