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Monday, October 16, 2017

CreateSpace e-store goes poof



How CreateSpace and e-store changes affects our royalties


CreateSpace-Amazon logos | From the blog of Nicholas C. Rossis, author of science fiction, the Pearseus epic fantasy series and children's booksI’m sure many of you will have received the email from CreateSpace (CS) that announces how their own eStore will cease to serve customers on October 31st. Instead, customers will be redirected to Amazon. (We removed the estore from the bottom of this blog.)
CreateSpace explains that the move was made because of requests that their eStore is redeveloped to include the ability to search across the site, an improved checkout process, better shipping options including Amazon Prime, order tracking notifications, and a familiar user interface.

What Does This Mean For You?

 read to see how this will affect you.

Royalties

The simple fact remains that CreateSpace currently offers a 20% higher royalty than Amazon. To ease the transition, it will adjust your Amazon royalty rates for six months effective November 1, 2017 through April 30, 2018, to reflect the average royalty rate you earned across all paperback sales of your title through both the CreateSpace eStore and Amazon sales channels (which includes Amazon.com and Amazon Europe) over the last year.
For example, if half of your sales for a paperback title were through the CreateSpace eStore, for which you earned an 80% royalty rate, and the other half was through Amazon sales channels, for which you earned a 60% royalty rate, your new royalty rate for sales of that title during this six-month period will be 70%. After April 30, 2018, your royalty rate will revert to the standard Amazon 60% rate.
However, the fact also remains that most authors sell very few books, if any, through their CreateSpace eStores. So, chances are you will be unaffected by this change.

IMPORTANT: CreateSpace allows you, the author, to order copies of your book at cost. These are particularly useful if you have a book signing or wish to organize a local event. KDP Print doesn’t offer this; you have to buy your books at the same price as everyone else.
In a Comparison Chart, you can see a comparison between CreateSpace and KDP Print that shows which can do what. CreateSpace can do everything, but KDP can do only 3 of the 7.
So, when I heard the news, I immediately had to wonder: will how long before CreateSpace is absorbed into Amazon and stops offering its services altogether? Only time will tell.

SOURCE 
You can create an ebook first on Amazon KDP then do a paperback.

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