Who doesn’t want to get a 70% royalty!? I can’t think of anyone that would but it does help to understand the quirks and rules that determine when you get the higher royalty, and when you don’t. And what you have to agree to in order to get it.
Here are what I consider to be the essential 6 things everyone should know about Amazon’s Kindle royalty structure. If you don’t like any of the items on this list you will have to select the 35% royalty or contact Amazon (good luck!). Keep in mind that even when you sign up for 70% you may not get it on all sales, or in all situations.
Read each of these carefully and be sure to check the links for updated information because terms can change. Here is what you are agreeing to when you select 70%:
To Get 70%,
- You will price your eBook between $2.99 and $9.99. You may have heard of different royalty arrangements for books priced higher than $9.99, and there are, but they aren’t available to self-publishers.
- You will pay for file delivery. Amazon is the only eBook retailer that charges publishers a fee to deliver their eBooks to buyers. The price for delivery to U.S. buyers is $.15 per megabyte. e.g. subtract $1.50 from your royalty if you eBook is 10MB.
- You won’t get 70% in all territories. In all others you get 35%. The territories where you get 70% are the U.S. and most of Europe. Also read #6 below and see this page for an updated list of countries where you get 70%.
- Your eBook must not be in the public domain. That 18th century classic that is out of copyright is only going to fetch you 35%. You need to own the copyright if you want to get 70%.
- Your eBook must be part of KDP Select IF you want the 70% royalty on eBook sales in Brazil, India, Japan or Mexico.
- You agree to allow buyers to lend their copy of your book. This is a one-time, 14-day loan each eBook license holder can make after buying your book. (It isn’t a bad thing.)
For more information on minimum pricing see this page.
Do you have a question that isn’t answered here? Feel free to contact us if you are preparing to publish your eBook.