You receive all of your royalties when you publish with Tablo. Tablo doesn't take any percentage. Read on to understand what you would earn.
Your royalty amount depends on two factors — your retail price, and the cost of your book. Here's an example:
Say your retail price is US $24.99.
Every bookstore receives a flat commission of 40% for selling your book. That means at retail price $24.99, they'd receive $10 for selling your book.
Anytime you sell a book, a single copy is printed and shipped. The average book costs $5-7 to print and ship, depending on the length of the book.
This print and shipping cost is fixed for your book – it will be the same every time you sell a copy, with any retailer, and in any region.
Putting it together — with a retail price of $24.99, $10 goes to the bookstore, $7 will be deducted for printing and shipping the book, and you'll receive of $8 as a royalty.
eBooks are simpler — 30% to the store, and 70% to you for most sales.
Timing of payments
Royalties are paid automatically 60-90 days after the end of each quarter.
January to March sales, payment is sent by June 30.
April to June sales, payment is sent by September 30
July to September sales, payment is sent by December 31.
October to December sales, payment is sent by March 31.
Payments to a bank account
Currently, we can't offer an alternative to PayPal for your payments. We are working to introduce direct debit royalty transfers. It's definitely something we want to roll out soon.
Opening a PayPal account
Create a free PayPal account here: paypal.com/au/webapps/mpp/account-selection
The entire setup takes only a few minutes. You'll be asked for just four things — first and last name, address, phone number, and email address.
Raising your royalty
You can earn more from each sale by raising your price or re-formatting your book so it is cheaper to print. To investigate these options, send us a message or email us.
A negative amount means your book was returned. Customers rarely return books. It's likely a bookstore has returned unsold copies.
Returns are normal in book selling. Stores from Amazon down to small independent bookshops expect to be able to return unsold copies. When a book is returned the store can receive a refund of what they spent to order it. More on returns here →