How can I track my royalties and sales?
Book sales are reported on the statements distributed with royalty checks each quarter. Sales information is complied after the close of each quarter, and we are not privy to mid-quarter details of channel sales.
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When am I paid my royalties?
We pay the royalties for your book sales on a quarterly basis. When your royalty earnings for a book reach $20, we will pay your royalties. We will continue to hold your royalties until the balance due to you is $20 or more. The quarterly schedule is as follows:
Quarter |
Date Range |
Statements Mailed Out |
1st Quarter |
Jan 1 – March 31 |
Late May/Early June |
2nd Quarter |
Apr 1 – June 30 |
Late Aug/Early Sept |
3rd Quarter |
July 1 – Sept 30 |
Late Nov/Early Dec |
4th Quarter |
Oct 1 – Dec 31 |
Late Feb/Early March |
For each quarter, you are paid for the books sold and shipped in the given time frame. If a book was purchased online on March 30th, but the book was not actually printed and shipped until April 2nd, then you would be paid in the 2nd quarter, not the 1st, since the book didn't ship until the 2nd quarter.
You will only be paid once for the original book sale. For instance, if a book is resold in any kind of second-hand store, you will not earn a royalty on the purchase. Also, you earn a royalty when a retailer purchases your book for their store (when the book is printed), but not when the consumer actually purchases the book off the shelf.
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What is the difference between a channel or retail sale and a Wordclay sale?
If you purchased an ISBN and channel distribution, there are two different kinds of sales (if you have the distribution only through Wordclay's Bookstore, which is free, then retail sales do not apply to you.) When a book is sold through our Web site, it is considered a Wordclay sale. A retail, or channel sale, is when the book is sold through any retailer other than Wordclay (like amazon.com or Barnes and Noble). The selling price must be the same for both Wordclay and retail sales, but you will earn a different royalty amount depending on the type of sale.
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