How does iUniverse calculate royalty payments?
Royalties are based on the payments we actually receive from the sale of printed or electronic (e-book) copies of your book, less any shipping and handling charges or sales and use taxes. Also, we offer discounts to retail and wholesale customers, so the royalty amount you receive depends on what type of customer bought your book and any discount they received. Here’s an example of a common sales transaction: The cover price (list price) for your book is $15.95 Your iUniverse royalty rate is 20 percent A retailer other than Barnes & Noble places an order for your book through Ingram Book Company, a wholesaler. Ingram, in turn, purchases your book from iUniverse at a 36 percent discount (our standard discount to wholesalers). Ingram then resells the book to the retailer. Your royalty on this sale will be calculated as follows: List Price – 36% Discount = Net Sale x Royalty Rate = Royalty Earned $15.95 – $5.74 = $10.21 x 20% = $2.04 You should be aware that the largest retailers, includi
