Search:
turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
But most of us are here to make a profit, not to give it away at cost.
I do not think that an ISBN dictates if you pay Income taxes or not. Income tax is based on what you earn and not how or on what.
To be honest I cannot see what the concern is. There is little you can do about what it costs to produce your books here and little you can do about what other wholesalers and retailers sell your books for. That, unfortunately, is the way it is and you just have to grin and bear it. Just make sure you use the cheapest project type that you can 'get away with', and do not add too much to the cost yourself by being 'greedy'. Shops may add 50% but if you add 50% first, then they add their 50% to YOUR total. You have to remember that your book has to compete with the price of like-for-like books, so you cannot just set any price you want. Print On Demand is already expensive.
I do not think that an ISBN dictates if you pay Income taxes or not. Income tax is based on what you earn and not how or on what.
To be honest I cannot see what the concern is. There is little you can do about what it costs to produce your books here and little you can do about what other wholesalers and retailers sell your books for. That, unfortunately, is the way it is and you just have to grin and bear it. Just make sure you use the cheapest project type that you can 'get away with', and do not add too much to the cost yourself by being 'greedy'. Shops may add 50% but if you add 50% first, then they add their 50% to YOUR total. You have to remember that your book has to compete with the price of like-for-like books, so you cannot just set any price you want. Print On Demand is already expensive.
Donna,
The advantage is that you buy at cost + shipping and sell direct "at your own price to include shipping."
How much you charge is up to you and you may want to charge different amounts to different types of customer.
For example you could charge 20$ to casual customers and say 10$ to those in a club.
I can't advise on US Tax matters.
Kevin,
I didn't know that.
There seems to be some confusion with the terms used, and I can see why. Revenue in my mind is to do with Tax, not what you get paid. Royalties is a word used if someone else is marketing your creation for you at their cost, and are often peanuts. I prefer the word Profits instead because WE are the creators and the publishers, really even if it has a Lulu ISBN. Just as if we were personally churning out tins of beans in a shed. The main difference between a Royalty and a Profit in 'real life' is that YOU set what profit you want, or think you dare charge.
But the direct answer to Carlrissian's question is >> when something is bought on Lulu it should show up on your My Lulu page ASAP and perhaps a bit later if sold on Amazon or somewhere. I do not think there is a lower limited set before you get it, or how many books are sold.
But the direct answer to Carlrissian's question is >> when something is bought on Lulu it should show up on your My Lulu page ASAP and perhaps a bit later if sold on Amazon or somewhere. I do not think there is a lower limited set before you get it, or how many books are sold.
