Amazon Print Fee Increase
I received an e-mail from Amazon recently (spoiler alert - these never contain good news). In summary, Amazon states "On June 20, 2023, we're changing our fees to better align with today's cost to print books." Which means Amazon is reducing Author royalties to increase Amazon profits. They recommended checking my print book prices to confirm the new (lower) royalty rates and suggested adjusting prices accordingly. So, I did. Although my paperbacks were all priced relatively low to begin with, I decided to lower the prices even further, instead of raising them, as Amazon subtly suggested. Historically, I've made most of my royalty profit from eBooks, not paperbacks, so lowering the prices is no great sacrifice on my part. What I did find interesting is what Amazon paperbacks cost when the author chooses the absolute minimum allowable profit. For clarification, the lowest cost Amazon will let you price your book at is the price at which you will receive a one-US-c