Publishing your eBooks is not going to put the money in your pocket. But it can help you grow your business if it helps to bring in some extra income. If you are looking to publish an eBook you have to figure out what kind of royalty rates to pay. There are many companies out there offering royalties based on sales volume. Most of these companies will require you to get a three-page document with information about yourself and your book. This information is used to determine how much you should be paying per sale and then calculate a percentage to come up with an approximate figure for you.
Get an Accountant Involved
You do have to know that it may be a good idea to get an accountant involved with this so he or she can help you understand the numbers and the impact it could have on your bottom line. It is very difficult for the average person to understand these things. If you want to succeed at this, you need to know this stuff. You can make a lot of money but you have to be smart about it.
Figure Out the Sales Volume
If you are getting an allowance based on the sales volume of each book you sell, you will need to know what percentage of those sales represented actual revenue for your company. The easiest way to do this is by figuring out a sales volume (or average sales volume) for every book you have ever published. This figure will help you determine your royalty payment percentages. There are two ways to arrive at this number: by taking an average from all of your books or by taking the sales of each book over a certain period. In either case, the numbers will be important to know.
By taking the sales volume of each of your books over a certain period, you are assuming the cost of printing and binding your book. The company will take a certain percentage of that cost and then subtract it from the final amount you are going to be paid. This number is called the Cost Per Thousand (CPS) and it is the percentage of sales that the company takes. What you need to know is what the total sales are and how much each sale represents.
Learn About Amazon’s Self-Publishing Program
Your next step is to figure out what you need to know about Amazon’s Self-Publisher Program. First, you will need to decide whether or not you want to become a member of Amazon’s Subscriber Service (SRS). This is a membership service that lets you into the Self-Published club. After you become a member of Amazon SRS, you can then submit your book to the publishing house. This is the second part of your research.
You now know what you need to know about Amazon’s Self-Publishing Royalties, but how do you know if this is what you want to do?
If you want to be able to set your pricing and your terms, then you need to become a member of Amazon’s Subscription Service. For most other authors, this isn’t necessary and in fact, you may want to consider selling your book through digital download instead.
In conclusion, the information in this article provides the tools you need to know about Amazon’s Self-Publishing Royalties. You now have some important decisions to make and no matter what your decision, there’s a good chance that it’ll be the right one. If you are an author, then you know full well that every wordcount, and each word represents a potential profit. As you continue to research what you need to know about Amazon’s Self-Publishing Royalties, you’ll soon find out exactly what it takes to get published!