ROYALTY ON OUR EBOOKS
Retailer Royalty Rates
With few exceptions, you earn 60% of the list price for sales through Achievers Publishing Inc retailers such as Apple, Sony, Diesel, Kobo and Barnes & Noble.
Royalty Rate Specifics:
Apple, Baker & Taylor (Blio), Barnes & Noble, Sony and Diesel: 60% of the list price for prices $.99 and up. For Apple sales originating in their U.K., German and French iBookstores, you receive 60% of the list price minus the VAT tax, which they include in your list price. This means for sales at Apple in countries subject to VAT (value added tax), your 60% is calculated after VAT is deducted from the sales price because in these stores, Apple includes VAT within your purchase price. The "VAT" column in your sales report will show if VAT was deducted. VAT is collected by the retailer, not Achievers Publishing Inc.
Baker & Taylor (Axis360 library platform): 45% of the list price. Library patrons are able to check out only one copy at a time. The books are wrapped in DRM so they time out after a specific period of time. The library can purchase multiple copies if they decide demand warrants multiple simultaneous checkouts. Otherwise, the library purchases a single copy and allows only once copy at a time to be lent out. If a library patron wishes to obtain a book that's already checked out, the patron is given the option to purchase a copy.
Kobo: 60% list for prices between $.99 and $12.99. For prices over $12.99, your earnings share is 38%. The 60% earnings share applies only to US and Canadian dollar-denominated sales. Elsewhere, the 38% rate applies. This means Kobo sales earn you 60% retail price for books priced under $12.99 for sales transacted in US or Canadian dollars. All other Kobo sales earn 38% of your list price.
Please Note:
Effective December 1, 2010, Achievers Publishing Inc retailers are not allowed to discount your books, unless they're price matching a lower-priced competitor (Best practice: keep your prices consistent). Kobo may still discount titles for sales transacted outside the US and Canada for currencies other than US or Canadian dollars.
How Achievers Publishing Inc Pays
Per the Achievers Publishing Inc Terms of Service, API pays authors quarterly, always within 40 days of the close of each calendar quarter. API pays you only after API has received payment from the retailer, and only for payments received as of the last day of quarter. Please note that most API retailers don't pay API until 30-45 days after the close of a month, or up to 30 days after the close of a calendar quarter.