Who doesn’t want to get a 70% royalty!? I can’t think of anyone that wouldn't 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 qualify or agree with all of the terms on this list, your book will receive a 35% royalty.
Keep in mind that even when you select the 70% option, not all sales will qualify for this royalty.
Please note: for a more detailed explanation see our Guide to Amazon Fees and Royalties for Kindle eBooks and KDP Print.
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 $0.15 per megabyte. Amazon's computers will process your Mobi or EPUB file and tell you the cost of delivery. This is the only reliable way to determine this number. More information and examples are noted in our guide to Amazon fees and royalties.
- You won’t get 70% in all territories. In all others you get 35%. The territories where you get 70% are the U.S., Canada, the UK, Australia, 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. (See our guide to KDP: Should You Use Amazon KDP Select or Distribute Your Book Wide?)
- 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. (This isn't a bad thing and in fact, we recommending allowing lending.)
For more information on minimum pricing see this page.
Or read our comprehensive Guide to Amazon Fees and Royalties for Kindle eBooks and KDP Print.
Other articles in our Essentials Series:
- Manage Your Published eBook Using Apple iTunes Connect-Sales, Payments, Promotions, Price and Metadata
- Amazon CreateSpace: 10 Essential Things to Know
- How Businesses Can Create Their Own eBook Libraries
- Color vs. Black and White Printing Using CreateSpace
- Copyright, Fair Use, and the Publishing of The Lost Chapters by Leslie Schwartz