RESOURCES
Book sale earnings are also referred to as royalties. There are many factors determining how you are paid, when you are paid, and what you are paid.
The vendors we use are two of the more popular ones and were chosen for quality, affordability, and diversity of products offered.
During the consultation, you will be asked a series of questions that will help us determine which printer best suits your needs.
Note: The highest amount of earnings will always be gained from buying and selling your book directly to the customer. This is also the fastest way to earn since most printers pay months after online sales are completed.
Royalties
The word royalty is a term used to describe the money Authors earn from the sell of their book(s). Understanding how they are calculated can be confusing for first-time Authors so we have created a 'formula' and a 'legend' to help you understand.
Although reports are sent out via mass email, a copy of the previous month's reports can be found under the 'Reports' section and a 'Schedule' has been provided for you as well.
Note: please refer to your contract for specific information. Should you have additional questions, please send us an email to schedule an appointment. We are happy to answer all of your questions.
Method
Royalty payments are determined by the printer chosen. Most payments are completed 3 months from the date of sale.
Generally, you are paid via a third-party vendor (i.e., PayPal, Cash App, Venmo etc.). However direct deposit to your checking account is available. We recommend that you have a bank account separate from your personal account specifically for your books sales.
Note: Some vendors will pay to directly to a PayPal account as well.
Reports
The vendor you are assigned will determine the type of report you receive.
Sales are recorded monthly, and reports are generally sent on the 29th of the month following the month sales occurred.
For example, sale reports for books sold in March will be sent electronically (or available for download) on the 29th of April.
Among other things, the report will show the wholesale price of the book, the retail price, how many units were sold, and what you earned (royalty).
Schedule
When payments are completed is also determined by the vendor you choose or are assigned.
While royalty reports are sent monthly, payments are made three months after they are recorded.
For example: Books sold in March will be paid in June.
Note: You will not be able to tell from the report what specific store or client initiated the sale. According to the vendor this is considered proprietary information. Note: as owner of your account, you will be able to call the vendor and ask questions direct.