How Amazon pays royalties through Payoneer

If you want to know how Amazon pays royalties through Payoneer, then this article is for you.

Amazon pays authors’ book royalties through different ways but the option to receive eBook royalties through Payoneer was added some years ago. A lot of authors on Amazon KDP have found this option useful and convenient.

How to register a Payoneer account

 

Amazon pays royalties through Payoneer: What you need to know

This is what you need to know about how Amazon pays royalties through Payoneer.

This is the way it works with Amazon and Payoneer in terms of receiving your royalties

Amazon pays after 60 days

Amazon sends your book earnings for December (for example) at February ending. There is a 60 days period your royalties sit in your account before it’s sent to Payoneer.

This is to allow for any refund to the customer if such issues come up.

So you may have royalties in your account that have not been sent to Payoneer.

 

Amazon sends an email showing royalties details

Amazon will always send an email to you some days before your payment is sent to Payoneer. Usually, they send payment to Payoneer on the 27th to 29th of the month.

Visit our Publishing resources page to gain access to our step-by-step guide on how to publish your books on Amazon KDP and How we have sold lots of ebooks on Amazon KDP 

Amazon deducts tax

You should know that Amazon deducts 30% tax from your royalties to be paid to US authorities if your listed country of origin does not have any tax treaty with the United States government.

 

Payoneer deducts charges

When your money gets to Payoneer, they deduct their charges too. Usually, $1 is deducted from each payment received.

Amazon pays each royalty from each of its stores separately. For example, they pay UK, US, and CA sales differently.

When each royalties payment gets to Payoneer, they deduct $1 from each.
If your royalties from UK or US or CA are not up to $1 they deduct everything!

 

Place a hold on your Amazon payment

If you are not selling many ebooks on Amazon, it’s better you place a hold on your Amazon payment and let them pay you quarterly. This will help you reduce the charges Payoneer deducts from each of the payments they receive from Amazon.

Related: How to place a hold on your Amazon KDP royalties payment 

 

Amazon KDP and local bank account

Really, we are looking for the day Amazon will let Nigerians and some countries use our local bank accounts directly. Amazon only pays into local bank accounts in some selected countries in the world.

 

Pausing your Amazon royalties payment

Send an email to Amazon support to pause your payment. When you want to receive your payment, write an email to them to release it. They will pay the backlog immediately to your Payoneer account.

You can find Amazon contact details at the bottom of the page when you log in to your Amazon account dashboard. Click on contact at the bottom.

On the left side, you will find some categories of topics, click on the one for payment. To the right, you will see an option to send n email or phone call
Click the one for sending an email. You can follow the process to send your email.

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Visit our Publishing resources page to gain access to our step-by-step guide on how to publish your books on Amazon KDP and How we have sold lots of ebooks on Amazon KDP 

What is Amazon Kindle book price match?

If you have wondered, What is Amazon Kindle book price match, this post will give a very simple explanation of what this is all about.

If you publish your books on Amazon Kindle Direct Publishing (KDP) and you want to sell more ebooks on Amazon, then you must know what it means to price match your book on Amazon.

Related: What is Amazon KDP publishing 

 

Just what is Amazon Kindle book price match?

Amazon Kindle book price match is the process where Amazon changes your ebook price on its platform to the same price it’s available in other major estores.

Some of the major stores are the ones that are most especially, located in the United States where Amazon has its main online store (Amazon.com).

 

Why does Amazon price match your book price?

Amazon prices match your book price on its platform to the same price it’s available in other estores because it wants to give its customers the best deals your book is available online.

Therefore, if your book is $0 or free on stores like Apple, Kobo, and Barnes and Noble, Amazon will change your book’s price on its platform to free or $0.

Likewise, if your book is priced at any other price higher or lower than it is priced on its platform, Amazon will try to price match your book’s price.

 

Can you request a price match?

Yes, you can request a price match for your book on Amazon KDP. Though Amazon usually carries out its check to find this out ( I believe they won’t be able to do this effectively though), you can always request a price match by sending an email to Amazon support.

There is a category on the support page where a template is already provided to send your email effectively and successfully.

You will be providing the following information in your email:

  • The ASIN of the book you want to price match
  • The price of the book in other stores online
  • The links to the book’s page on these online stores

Related: Our best-selling ebooks and online courses are good for you to publish and sell more books on Amazon KDP 

What are the benefits of price matching your book’s price on Amazon

There are some benefits of price matching your book’s price on Amazon but I will be mentioning one of them in this post based on our experience.

Sell your book at $0 on Amazon

Naturally, Amazon will not allow you to price your book at $0 or free when you publish your book or update its price. However, you can still sell your ebook for free on Amazon by asking for a price match.

However, before you can get this done successfully, you must have published your ebook as free on estores like Apple, Kobo, and Barnes and Noble.

After your book is available as free on these online stores for ebook publishing, you should copy the links to your book on these stores and use the information when you are requesting a price match for your book on Amazon as I showed above.

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Can I publish on Amazon KDP and Smashwords?

If you want a good answer to this question: Can I publish on Amazon KDP and Smashwords? You have this post to give you all the answers you desire.

Related: Smashwords Draft2digital merger update  

 

Can I Publish in Amazon KDP and Smashwords: Going wide

Authors who want to publish on both Amazon KDP and Smashwords (or Draft2digital) are said to be going wide with their books.

In case you don’t know Smashwords was acquired this year by Draft2digital. So publishing your ebook on Smashwords is just the same as publishing your ebooks on Draft2digital. The two publishing companies are now one.

Going wide with your books

Smashwords or Draft2digital publishes your book and also helps you to distribute it to all their major ebook stores and online library partners. This way, your book has the chance of reaching as many people online as possible.

However, we have seen authors who prefer to publish their books only on Amazon. These authors have chosen that their published books on Amazon KDP should be on the exclusive list.

There are advantages and disadvantages to both forms of ebook publishing.

Related: Exclusive Publishing articles and resources  

Can I Publish on Amazon KDP and Smashwords or Draft2digital?

Yes, Yiu can publish on Amazon KDP and Smashwords or Draft2digital at the same time if you fulfill certain rules, especially on the part of Amazon KDP.

What are the rules? Let’s look at them below:

Don’t opt in for Amazon Kindle Select

If you want to publish your ebooks on both Amazon KDP and Smashwords or Draft2digital at the same time, you should not opt-in for Amazon Kindle Select program.

If you enroll your book in the Amazon Kindle Select program during publication or at any time, Amazon expects the book to be exclusive to them. This implies that you must not publish the ebook version on any other online stores for three months.

Related: Amazon Kindle Select: How to use it to promote your book  

 

Your book’s price must be the same

If you must successfully publish your ebooks on Amazon KDP and Smashwords or Draft2digital, then your book’s price must be the same in all the stores where you published your books outside Amazon KDP.

If you don’t obey or keep this rule, Amazon wili price match your book’s price when they find out. This implies if you sell your ebook at $2.99 on Amazon and sell it at $1.99 on Smashwords or Draft2digital, Amazon will change the price of your book to $1.99 without informing you.

 

Get your  books published worldwide

If you obey those simple rules from Amazon KDP, you can get your books published in Amazon KDP and Smashwords or Draft2digital at the same time successfully.

There are no rules preventing you from doing this on the part of Draft2digital.

So go ahead and let your ebook go wide or let your ebooks be published worldwide.

You can gain access to our bestselling ebook publishing resources to publish your ebooks on Amazon KDP successfully. 

 

Amazon Kindle prime reading: How to nominate your book for it

Amazon Kindle prime reading is another way published authors on Amazon can benefit from the various marketing and book promotion programs of Amazon Kindle Direct Publishing (KDP).

You can read about Amazon Kindle Deals below:

Related: Amazon Kindle deals and how to nominate your book for it

 

What is Amazon Kindle prime reading

Amazon Kindle prime reading is, according to the Amazon KDP website, “a rotating selection of eBooks available to Prime Members to read for free.”

You can nominate one eligible eBook at a time for prime reading. Your nomination expires after 90 days. Though you can re-nominate the same book or another one after 90 days.

Your nomination can also automatically be re-enrolled after 90 days. You only need to check the box from the pop-up page that comes up after you have clicked, ‘Manage Nomination’ below the Prime reading page.  See the picture below:

Amazon Kindle prime reading

 

How do you nominate your book for Amazon Kindle prime reading?

  • You can nominate your book for Amazon Kindle prime reading by following the steps below:

Log in to your Amazon KDP account

Amazon Kindle deals

 

Related: Learn how we sell lots of ebooks on Amazon. Get our ebook, How I Sell ebooks on Amazon.

 

Click on the ‘Marketing’ tab at the top of your Dashboard.

Nominate book for Kindle deals

 

Scroll down and the bottom of the page to the Kindle deals and prime reading section. The prime reading page is to the right of this section.

Amazon prime reading

 

You will be able to follow simple on-screen steps to nominate your book for prime reading. You will observe that from the image above, I have a book nominated already.

How to publish Kindle ebook on Amazon

 

Other information you need to know

The following is some of the other information you need to know about Amazon Kindle prime reading:

  • You should understand that nomination of your book does not guarantee enrollment
  • Prime Reading selection has limited space and not all nominated ebook titles will be selected for participation
  • If your book is selected,  Amazon will send you an email with the details and you can either accept or decline the offer
  • If you are not contacted within 90 days, that implies your ebook title was not selected for a promotion
  • You can’t cancel nominations
  • If after the nomination expires, you would like to nominate a different book, ensure you do not set it to auto-renew

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Related: Learn how we sell lots of ebooks on Amazon. Get our ebook, How I Sell ebooks on Amazon.

 

Amazon Kindle deals: How to nominate your book for it

Amazon Kindle deals can be a marketing option you can use to boost the sales of your published book on Amazon Kindle Direct Publishing (KDP).

If you hit the luck and your book is picked for promotion by Amazon KDP management, you can expect to see a rush of sales.

Related: Gain access to our exclusive publishing resources now

 

What is Amazon Kindle deals?

Amazon Kindle deals are limited-time discounts offered on published eBooks on Amazon KDP.  Authors have the good option of nominating up to two eligible published eBooks at a time.

Just as I mentioned above, Amazon reserve the right to pick any ebook nominated under the program for a special promotion. Your nominated ebook can just hit that golden luck.

Related: Take your publishing business and book marketing program to a new level by checking out these ebooks and guides 

 

What Amazon does after your ebook is picked on Amazon Kindle deals

Amazon Kindle Deals have limited space and not all nominated titles will be selected to participate. However, If your title is selected, Amazon will send you an email with the details of the promotion, and you can either accept or decline the offer.

I don’t think any published author on Amazon will reject such an offer. Accepting it can turn things around magically for your ebook title.

 

How to nominate your ebook for Amazon Kindle deals

I want you to follow the steps below to nominate your book for Amazon Kindle deals:

Log in to your Amazon KDP account

Amazon Kindle deals

 

Click on ‘Marketing’ It’s one of the tabs at the top of your Amazon KDP Dashboard. See the picture below:

Nominate book for Kindle deals

 

Scroll down to the bottom of the next page to see the section Nominate your ebooks) where you are going to nominate your ebook in Kindle deals.

You will observe from the image above that I already have two ebooks nominated and these nominations will be expiring this month of October 2022.

If you have not nominated any ebook, you can just click on Nominate an ebook in this section and follow simple on-screen instructions to complete the process.

You can always manage your existing nominations in the course of the three months of their active nominations by clicking Manage nominations at the bottom of the section.

When you click on manage nominations, a Pop up screen below comes up:

You should note that you can’t change your nominations during the compulsory three months of the active nomination of your ebook.

You can allow these nominations to be automatically re-enrolled for another three months cycle of nominations. However, if you don’t want automatic re-enrollment, you can uncheck the box in the image above.

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Related: Learn how we sell lots of ebooks on Amazon. Get our ebook, How I Sell ebooks on Amazon.

How to place a hold on Amazon KDP royalties

Do you want to place a hold on Amazon KDP royalties (Kindle Direct Publishing)? Do you have any reason to stop Amazon from paying your ebook royalties into your account at the end of the month?

Related: How to register for an Amazon KDP account  

If you don’t know what Amazon reviews are, please watch this video now.

https://youtu.be/UOHxwQ4hLQQ

What are Amazon KDP royalties?

Amazon KDP royalties are the income from your ebook sales on Amazon Kindle Direct Publishing (KDP). Amazon pays Kindle authors at the end of every month into their specified bank account.

Amazon pays any due royalties or ebook income after 60 days of the sale. This is to give room for refunds.

Related: Check out our publishing services 

Why would you want to place a hold on Amazon KDP royalties?

You would like to place a hold on your Amazon KDP royalties for the following reasons:

  • You are still yet to take a firm decision on the payment platform you want to use to collect your royalties. The default payment method from Amazon is by Check.
  • You want to allow your royalties to accumulate before you have them sent into your account
  • You want to avoid paying excessive commission from the payment platform you will use. For example, in our case, we use Payoneer to receive payment but Payoneer deducts $1 from the payment received even if it is $1.20. If it’s $0.29, Payoneer takes everything. This is expensive!

Related: How to register for Payoneer 

How to place a hold of your KDP royalties

The following are the ways you place a hold on your Amazon KDP royalties:

  • Write an email to Amazon support through their contact form at the bottom of your Amazon KDP Dashboard
  • Ask them to place a hold on your Amazon KDP royalties until you ask them to do otherwise.
  • You will have to send another email to them to remove the hold on your payment when you are ready to receive the payment

Our experience

We wanted to stop the monthly payment of our Amazon KDP royalties to avoid excessive commission from Payoneer. We sent an email to Amazon support and the following was their response.

We can place a hold on your royalties for you. The hold will only be removed from your account upon your request, or if the address or payment method listed on your account is changed. You can request the removal of the hold at any time. If you wish to go ahead with placing your payments on hold, please reply to this email.

You can release your payment hold whenever you want by contacting us here:
https://kdp.amazon.com/self-publishing/contact-us

You can also keep track of your sales at any time by visiting:
https://kdp.amazon.com/reports?ref_=TN_rp

I hope this helps.

Thanks for using Amazon KDP,

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What is Amazon Author central?

Just what is Amazon Author Central? If you self-publish ebooks on Amazon and you really want to sell more ebooks on Amazon, you need to know what Amazon author central is.

This post will show you what it is all about. Please read on.

 

Just what is Amazon author central?

Amazon author central is a platform created by Amazon where published authors on Amazon can claim author pages where any of their published books can be showcased.

 

Claim your Amazon author central pages

Every published authorr on Amazon can claim an Amazon author central page. You only need to register on the official page with your regular Amazon login details.

Really, If you’ve published an ebook, paperback books on Amazon Kindle Direct Publishing or an audiobook to Audible, then you have one.

Related: Gain access to exclusive Publishing resources that have helped us to write, publish and sell.more ebooks on Amazon.

Check out our publishing resources page now

Your author home base

Think of your author Central page as your home base. It’s a place where:

  • Authors can claim their published books or audiobooks in Amazon
  • Readers can find your published ebooks and paperback books
  • Lsteners can go to learn about you, view your entire catalog of audiobooks,
  • Readers and listeners can connect with you outside Amazon and Audible.

 

Author central page as a marketing page

Your author central page is more than just an informational center, it’s a marketing page – a gateway that can lead curious, potential listeners to discover, buyer and explore your entire catalog of published works.

 

An engaging Bio

Since your author central page is supposed to be a marketing page, you should ensure you draw visitors with an engaging bio.

You should put a face to your name with a profile picture. You should also include your website, blog, or social links.

Not sure if you have an author page? You can find yours by visiting a Product Detail Page (PDP) for any one of your titles and clicking on your name. If you don’t have an author page yet (or if yours needs a little sprucing up), you can set up or update yours on Amazon Author Central

Please let me read your comment.

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Amazon: Biggest player in the ebook publishing industry

Amazon is unarguably the biggest player in the ebook publishing industry. That’s a fact you don’t have to run away from if you’re an author who intends to make appreciable and profitable impact in the ebook publishing industry.

I did not shy away from this many years ago despite the fact that some other online publishing companies were coming in board. I took a decision with my team to study how Amazon and it’s Kindle Direct Publishing platform works.

 

Why Amazon is the biggest player in the ebook publishing industry?

According to Authorearnings.com“Across all publishing types, consumers spent roughly $5,755,000 a day on ebooks on Amazon.com in January-a run rate of over $2.1 billion a year…”

And this just the report on ebooks sales alone. There is also the income and sales from paperback books.

That should tell anyone that the biggest player in the ebook publishing industry is Amazon. They allow you to get your books published on their platform through their Kindle Direct Publishing (KDP) platform.

 

Smashwords/Draft2digital vs Amazon

Smashwords (now Draft2digital) is the biggest distributor of indie books but Amazon is the biggest player. They own about 70% of the stakes!

So if you are really serious about self-publishing your books online and for maximum profits, you must use Amazon KDP.

 

Amazon is a friendly publishing company

The good part is that Amazon is a very friendly company to everyone wherever you are located around the world excoet for very few cases.

This is unlike some other publishing companies like Draft2digital. After Draft2digital merged or bought Smashwords, it closed down some accounts from some regions especially those of authors in Africa.

Read the details here about this unfortunate action from Draft2digital. 

Amazon has different payment options for authors to accommodate authors from different parts of the world.

Read a statement on Amazon KDP

I want you to read the statement on the Amazon KDP page. This should tell you more about this very useful platform:

“Self-publish eBooks and paperbacks for free with Kindle Direct Publishing, and reach millions of readers on Amazon. Get to market fast. Publishing takes less than 5 minutes and your book appears on Kindle stores worldwide within 24-48 hours. Make more money. Earn up to 70% royalty on sales to customers in the US, Canada, UK, Germany, India, France, Italy, Spain, Japan, Brazil, Mexico, Australia and more. Enroll in KDP Select and earn more money through Kindle Unlimited and the Kindle Owners’ Lending Library. Keep control. Keep control of your rights and set your own list prices. Make changes to your books at any time. Publish in digital and print. Publish Kindle eBooks and paperbacks for free on KDP. Get started today! Self-publish with KDP for free.”

You can register for a free account. If you already have an Amazon login, you can just login to the site and start publishing your books.

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Related: Gain access to exclusive Publishing resources and ebooks

How do I find the Url of a Kindle book?

Many authors have asked us this question: How do I find the Url of a Kindle book? I am using this short post under the Tech Guide category on our website to describe a good answer to this question.

 

What is the Url of a Kindle book?

After you have published your knidle book on Amazon. That is after it has been approved for sale in the various Amazon stores worldwide, Amazon automatically creates a Url for your Kindle book.

Every published Kindle book has a unique Url that can be used to access it on the web.

Related: Check out all our published books in Amazon on Christian personal development, and on writing, publishing and selling more books on Amazon 

 

 

What can authors do with their Kindle book Url?

Authors Kindle can do the following with their Kindle book Url;

  • You can give out this web link or Url to anyone you are recommending your book to
  • You can put this Url if your Kindle book on your website
  • You can share your Kindle book Url with friends on social media

 

How do I find the Url of a Kindle book? Step-by-step picture guide

Now let’s look at the picture to answer the question, how do I find the Url of a Kindle book?

Login to your Kindle dashboard 

How do I find the Url of a Kindle book

Locate the book you want to find the Url. For example, from the picture above, let us assume I want to find the Url of my latest book on Amazon, Exciting tools and resources for authors and publishers.

Look to the right side of the book. See a closer picture below:

Can you see, ‘View on Amazon? You should also see the down-pointing arrowhead beside it. Click on this arrowhead and you will get the image below:

Can you see links to the US, UK, etc? Stores. Click on any of the links to get the Url for each store. For example, I clicked on ‘US’ and I was taken to the US store for my book’s page.

How to get website link of Kindle ebooks

You can then go to the browser to copy the Url of your Kindle book.

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How do you choose a book title to sell on Amazon?

How do you choose a book title to sell on Amazon? Authors and publishers ask this question more often. The truth is that many factors must be considered to choose a book title to sell on Amazon or an ebook topic you must work on to sell on Amazon.

I am using this post to show one of the factors you must consider if you want to choose a good book title to sell on Amazon.

 

How to choose a book title to sell on Amazon

Choosing a book title to sell on Amazon requires as much attention from authors just like the writing of their books itself. I hope authors can understand this.

It’s not going to be a good one if you write a book, publish it on Amazon, and don’t find anyone reading or buying it. Finding the right book project to work on in the first place is as important as writing or producing the book itself.

 

The publisher status

This blog is dedicated to helping authors write, publish and sell more ebooks on Amazon Kindle Direct Publishing. So we find a way to tell you some of the little things that matter that can help you in this regard.

I wrote a good post on why authors should change to a publisher status to sell more ebooks on Amazon. I will still be leaning upon the knowledge from that post to show you another important factor today.

Now, let me show you exactly what you have to do below

 

Give the market what it wants

How do you give the market what it wants? Let me do this simple illustration.

Two guys decided to pay a visit to kids in a kindergarten class on different occasions. The first got to the class empty-handed while the second guy had a pack of chocolate with him.

You can guess what the reaction of these kids will be to the presence of these two guys. Of course, they will rush and embrace the guy with the chocolate. That guy had what they loved and wanted – chocolate.

When you operate at the publisher level or with the publisher status, you will always want to give the market what it wanted. You want to always take your research lens into the different niches to find out what the market in those niches wanted.

In other words, you want to give out the ‘chocolates’ to the people in that niche always. This lays the solid foundation for the book or publisher business.

As a publisher, you produce books because you want to sell or make profits, so you give the market what it wants.

In s future post, I will walk you through the simple ways we carry out our research and how we feed the markets with relevant books consistently.

Related: How to publish a book on Amazon for free 

How do you choose a book title to sell:Evergreen topics

You can always use your research lens to find hot topics and published books on them. You should also take it a step further sometimes by writing and publishing books on evergreen topics.

Evergreen topics are topics that have been hot and will always be hot for a long time. You should look out for these types of topics so that you can sell books and make profits on them for many years.

Good examples of these types of topics are topics on:

  • Weight loss
  • Stopping stress
  • Overcoming anxiety
  • Make Money
  • Reducing or eliminating debt
  • Starting a business with no money

Your digital portfolio should have a good book or books on some of these topics to have them deliver the sales and the profits to you regularly for a long time.

 

Choose a good book topic on Amazon: what about published books?

Just before I write the final lines in this post, someone once asked me if there is anything he can do about the books he had published already on Amazon without carrying out the proper research.

This is always my simple answer to that question.

Usually, most authors write in their areas of specialization. So most of the titles they have published have solved one problem or the other.

It’s just that proper research was not carried out before they embarked on the book project. But that doesn’t mean the books did not solve any problems. It doesn’t mean the market does not need them.

However, proper research would have helped them to write a better book. It would have helped them to use the right Keywords in the titles and subtitles and the description of the books.

So if you want to help your old, published books on Amazon, take the time to carry out proper research work using a main keyword that represents the already published book.

If you have to add some content to your book or change the title, you may have to do these to serve the market well and also to help the discoverability of the book on Amazon.

I will do a more detailed analysis in a future post. You can’t do well on Amazon these days selling ebooks if you don’t learn to give the market what it wants.

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Related: Check out our exclusive publishing resources for Authors and publishers