Hines on Amazon Pricing

They can do that, you know...
You can read about his experience HERE.
Labels: Other Authors, The Biz
|
Monday, February 20, 2012Hines on Amazon Pricing![]() They can do that, you know... You can read about his experience HERE. Labels: Other Authors, The Biz |
2 Comments:
Oh, the comments on that article are just a joy. Especially the comments from other self-published authors, who seem to have no problem with it. I can't understand why anyone would be okay with Amazon messing with their prices when it affects their royalties.
Here's what I don't understand: he said that they put his book on sale, but their TOS states that he will be paid royalties based on the list price of the book, which he wasn't. Even if they altered their TOS to change that, wouldn't any sales from the previous TOS have to be honored under the original terms? I mean, if your publisher changed its royalty structure, they can't say, "By the way, those five thousand books you sold last month before we changed your royalties, well, they're under the new royalty structure too," can they?
Ah... I'm not sure what they can do.
I guess Jim's point is basically that Amazon can do what they want to at this point. He's fine with that so long as it does benefit readers and authors. What's worrisome is the power they have when they chose to do things that don't benefit us.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home