How does WestBow Press 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, minus 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 WestBow Press royalty rate is 20 percent on all soft cover sales, 10 percent on all hard cover or dust jacket book sales, and 50 percent for e-book sales. A retailer places an order for your book through Ingram Book Company, a wholesaler. Ingram, in turn, purchases your book from WestBow Press at a 48 percent discount (our standard discount to wholesalers). Ingram then resells the book to the retailer. Your royalty on this sale of your soft cover book will be calculated as follows: List Price – 48% Discount = Net Sale x R
