Brilliant insight Danny - thanks for sharing. You havent mentioned volumes - but I hope its a lot as A) its a good book and B) I hope you have got the rewards for your efforts
It seems unfair that an author receives so much less for an electronic version. readers already receive a huge discount. Why is the author's margin so low for electronics books? Who decides that?
How big is your e-book file size? I assume it contains one image per fact which makes the size of the file quite large. A 250 pages book with only text should be much smaller in size (i.e: low delivery cost), isn't?
If you decided to discount your paperback book/Kindle book, would any costs reduce (absolute amount)? I sometimes found some Kindle Books discounted to 0.99 or 1.99, I guess that they get subsidies from Amazon or their partners or suffer losses to attract new customers if their margin is only 20-30% as yours.
Thanks for sharing! I have always wondered about those numbers too! Net proceeds get a "bit" squeezed when adding the cost of advertising. Unless you reached enough branding/scale from word of mouth and are enjoying the network effects of organic exponential growth :)
For Kindle, do you know what the distinction between Delivery Cost and Distribution Fees are? They seem like the same thing in the case of a digital file being read on a Kindle device/app.
Very interesting on the pricing breakdown - thank you! Curious on how the percentage changes if you're listed on Kindle Unlimited - from what I've heard, it comes from download volume?
How did you set the price for each edition? Was it based on similar titles, or were those price points suggested to you? If you adjusted the Kindle version's price upwards such that your margin was the same, how much would that disincentivize readers from buying it?
October 13: Proceeds from selling a book on Amazon
Brilliant insight Danny - thanks for sharing. You havent mentioned volumes - but I hope its a lot as A) its a good book and B) I hope you have got the rewards for your efforts
It seems unfair that an author receives so much less for an electronic version. readers already receive a huge discount. Why is the author's margin so low for electronics books? Who decides that?
How big is your e-book file size? I assume it contains one image per fact which makes the size of the file quite large. A 250 pages book with only text should be much smaller in size (i.e: low delivery cost), isn't?
If you decided to discount your paperback book/Kindle book, would any costs reduce (absolute amount)? I sometimes found some Kindle Books discounted to 0.99 or 1.99, I guess that they get subsidies from Amazon or their partners or suffer losses to attract new customers if their margin is only 20-30% as yours.
Thanks for sharing! I have always wondered about those numbers too! Net proceeds get a "bit" squeezed when adding the cost of advertising. Unless you reached enough branding/scale from word of mouth and are enjoying the network effects of organic exponential growth :)
For Kindle, do you know what the distinction between Delivery Cost and Distribution Fees are? They seem like the same thing in the case of a digital file being read on a Kindle device/app.
Very interesting on the pricing breakdown - thank you! Curious on how the percentage changes if you're listed on Kindle Unlimited - from what I've heard, it comes from download volume?
How did you set the price for each edition? Was it based on similar titles, or were those price points suggested to you? If you adjusted the Kindle version's price upwards such that your margin was the same, how much would that disincentivize readers from buying it?
How do these margin %s compare to what you would receive at Barnes & Noble (both paper and ebook) and a local bookstore? Thanks!