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Duncan Pile
Two Star Member
Two Star Member
Duncan Pile

Number of posts : 54
Registration date : 2012-07-07
Location : Nottingham

Bit of Advice? Empty
PostSubject: Bit of Advice?   Bit of Advice? EmptySun Sep 02, 2012 12:48 pm

Hi guys,

Would anyone be able to advise me about royalties? Specifically, how, and how often do publishers collect the sales royalties from the various online places books are retailed? These days books sell on retail sites from all over the world, and I'm wondering how my figures are collated. I know my book has been selling on Ebay, various Amazon sites and WHSmith as well as in paperback form from Waterstones in the UK. Is there some piece of centralised software that can track all of that, and if so, how often do the big retailers like Amazon pay publishers?

My publisher only releases royalty reports twice a year, and they are nearly a year behind actual sales, so any book I sell today won't appear on a report until June next year. As Nature Mage was only published last September, I've only seen one royalty report, detailing sales from September to November 2011. As I only started selling books in January, this leaves me fairly blind, and would really appreciate some clarity.

Many thanks in advance to the kind soul who answers this.

My best,

Duncan
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dkchristi
Five Star Member
Five Star Member
dkchristi

Number of posts : 8594
Registration date : 2008-12-29
Location : Florida

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PostSubject: Re: Bit of Advice?   Bit of Advice? EmptySun Sep 02, 2012 1:52 pm

Royalties is a common difficulty for authors. I get my royalty check quarterly and it details each retail outlet where the books were sold and my share of the royalties. I think I am lucky as all publishers are not so frequent with royalties or so detailed.

Author Central at Amazon does track sales on Amazon.com of print books.
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http://www.dkchristi.webs.com
Al Stevens
Five Star Member
Five Star Member
Al Stevens

Number of posts : 1727
Registration date : 2010-05-11
Location : Florida

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PostSubject: Re: Bit of Advice?   Bit of Advice? EmptySun Sep 02, 2012 2:19 pm

Check your contract.

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http://alstevens.blogspot.com
Duncan Pile
Two Star Member
Two Star Member
Duncan Pile

Number of posts : 54
Registration date : 2012-07-07
Location : Nottingham

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PostSubject: Re: Bit of Advice?   Bit of Advice? EmptySun Sep 02, 2012 2:51 pm

Thanks DK. I hope I get the kind of detail you're talking about on the report itself. I'm still hoping for further information, but that's very helpful.

Al, my contract doesn't offer this detail. I'd be unlikely to ask these questions if it did.
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Shelagh
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Admin
Shelagh

Number of posts : 12624
Registration date : 2008-01-11
Location : UK

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PostSubject: Re: Bit of Advice?   Bit of Advice? EmptySun Sep 02, 2012 4:26 pm

This might help you, Duncan:

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Amazon Author Central: Shelagh Watkins
I shall never be old. It doesn't suit me -- [You must be registered and logged in to see this image.]Shelagh Watkins
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http://shelaghwatkins.co.uk
Duncan Pile
Two Star Member
Two Star Member
Duncan Pile

Number of posts : 54
Registration date : 2012-07-07
Location : Nottingham

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PostSubject: Re: Bit of Advice?   Bit of Advice? EmptyMon Sep 03, 2012 12:59 am

Thanks Shelagh. That explains some of the calculations involved. I'm still wondering how often Amazon pay publishers. That's the biggest piece of the jigsaw that's missing.
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Shelagh
Admin
Admin
Shelagh

Number of posts : 12624
Registration date : 2008-01-11
Location : UK

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PostSubject: Re: Bit of Advice?   Bit of Advice? EmptyMon Sep 03, 2012 3:24 am

Here are the KDP terms for royalties:

How long does it take to get paid royalties for sales?
Your royalties will accrue separately for each amazon marketplace. For example, amazon.co.uk sales will accrue separately from amazon.com sales. The balance of each account will be paid sixty days after the end of a month in which the balance accrued at least $10/£10/€10 for Electronic funds transfer or $100/£100/€100 for payments by check.

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Amazon Author Central: Shelagh Watkins
I shall never be old. It doesn't suit me -- [You must be registered and logged in to see this image.]Shelagh Watkins
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http://shelaghwatkins.co.uk
dkchristi
Five Star Member
Five Star Member
dkchristi

Number of posts : 8594
Registration date : 2008-12-29
Location : Florida

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PostSubject: Re: Bit of Advice?   Bit of Advice? EmptyMon Sep 03, 2012 6:50 am

I have never received pay from Amazon.com for my Kindle books. I have been fighting with them for years. They have made it impossible by claiming the payments went to my bank and my bank claiming they did not receive any payments. They will provide no human being that follows through - it's always passed somewhere else. It's not a lot of money as it's my self-published kindles (three actually) that sell for $2.99, $2.99 and $.99 .
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http://www.dkchristi.webs.com
Duncan Pile
Two Star Member
Two Star Member
Duncan Pile

Number of posts : 54
Registration date : 2012-07-07
Location : Nottingham

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PostSubject: Re: Bit of Advice?   Bit of Advice? EmptyMon Sep 03, 2012 7:08 am

Thanks Shelagh that's really useful. Dk that is awful! surely there is something you can do?
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tensejim
One Star Member
One Star Member
tensejim

Number of posts : 39
Registration date : 2012-12-13
Age : 56
Location : Pigeon Forge, TN

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PostSubject: Re: Bit of Advice?   Bit of Advice? EmptyThu Dec 20, 2012 11:39 am

That is horrible DK, I hope you get that remedied!! Have you tried pulling the books and republishing perhaps with a different bank. I know that sounds silly but perhaps there is a conflict with the bank rounting number you are using...just a thought.
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http://giftedbook.blogspot.com/
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