In a former post you could compare royalties for your paper book, when working with POD (Print On Demand) CreateSpace, an Amazon company. Let’s see now what you can earn with your e-books per unit. I am sure you have done your homework and promoted your book on the internet in order to receive bestseller status 😉
Apple for iPad and iPhone
|Amazon||70% or 35%||
30% is the RETAILER’S SHARE if your book’s retail price is between $2.99 – $9.99.
For retail price below $2.99 or over $9.99.
|Barnes & Noble||65% or 40%||For eBooks with a retail price at or between $2.99 and $9.99, For eBooks with a retail price at or below $2.98 or at or greater than $10.00|
|Chapters Canada Kobo||65%|
|52%||Retailer’s approximate share|
|eBookIt.com||75%||For any priced book. The best place to send potential readers of your book|
Amazon makes it very easy for authors to upload their books and with Apple’s iBookstore it is doable, yet sometimes dreadful (and hopefully in the future as easy as with Amazon). However, most other retailers require an aggregator, such as eBookIt.com or Lulu.com.
eBookit.com keeps 15% of the NET profit from the books. So for example, let’s say your book sells for $9.99 at Amazon, and qualifies for the 70% royalty. Amazon would pay eBookIt.com $6.99; eBookIt.com retains $1.05, and pays the author $5.94. If you sell the same book through the sales page for your book at eBookIt.com, you get to keep $7.49, as eBookit.com pays the author 75%.
Uploading your e-book and working directly with Amazon is probably a good option, as almost all book purchasers choose Amazon as number one to order their e-books. In this case your royalty will be ca. $6.85 without having to pay between $150 and $250 for formatting, provided it is a clean easy text, such as a novel.