How can I track my royalties and sales?
Book sales are reported on the quarterly statements distributed with royalty checks. Currently, the sales-tracking function of our Web site is under construction and does not reflect book sales mid-quarter, but we plan to complete it the near future.
Will I be paid royalties for orders that I place for my book, receiving the author discount? Will these orders be listed on the quarterly statement?
Purchases of your own book do not earn you a royalty when you receive your author discount up front. Also, they are not
reflected on your quarterly statements.
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When am I paid my royalties?
We pay the royalties for your book sales on a quarterly basis. When your royalty
earnings for a book reach $20.00, we will pay your royalties. We will continue to hold
your royalties until the balance due to you is $20.00 or more. The quarterly schedule
is as follows:
|
Quarter
|
Date Range
|
Statements Mailed Out
|
|
1st Quarter
|
Jan 1 – March 31
|
Late May/Early June
|
|
2nd Quarter
|
Apr 1 – June 30
|
Late Aug/Early Sept
|
|
3rd Quarter
|
July 1 – Sept 30
|
Late Nov/Early Dec
|
|
4th Quarter
|
Oct 1 – Dec 31
|
Late Feb/Early March
|
For each quarter, you are paid for the books sold and shipped in the given time
frame. If a book was purchased online on March 30th, but the book was not actually
printed and shipped until April 2nd, then you would be paid in the 2nd quarter,
not the 1st, since the book didn't ship until the 2nd quarter.
You will only be paid once for the original book sale. For instance, if a book is
resold in any kind of second-hand store, you will not earn a royalty on the purchase. Also, you earn a royalty when a
retailer purchases your book for their store (when the book is printed), but not
when the consumer actually purchases the book off the shelf.
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What is the difference between channel/ retail sale and
a PublishingRoom sale?
There are two different kinds of sales, and the difference depends on how/where the order is placed. When a book is sold through the PublishingRoom Bookstore or through our support team, then it's a "PublishingRoom" sale. A "retail", or "channel" sale, is when the book is sold through any retailer other
than PublishingRoom (such as Amazon.com or Borders).
Of course, it is only possible to sell your book in these two different ways if your book is has an ISBN and Channel Distribution, which you can purchase through our Services Store. If not, the only kind of sale possible is a PublishingRoom sale.
The difference between these two kinds of sales is important because although the selling price must be the same for both PublishingRoom and retail sales, you will earn a different royalty amount depending on the type of sale. In fact, you will receive a much higher royalty payment when your book sells through PublishingRoom because we only make a very small percentage off each sale. Retailers, on the other hand, get about 40 percent of the selling price, which is calculated into the cost/royalty calculation you (the author) choose during the DIY publishing process.
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