Some publishers already reeling from lost revenue as a result of the COVID-19 pandemic are about to take another hit. Amazon says it will soon drastically reduce the commission rates of its affiliate marketing program—the cut of sales it rewards to participating websites that drive customers to purchase one of its products using a unique URL—across several categories. Updates to the Amazon Associates operating agreement reveal that, beginning Tuesday, April 21st, several product categories that previously were on the more lucrative end of the program for affiliates will see commission rates cut by as much as 60%. Commission rates on products in the furniture, home, or lawn and garden categories, for example, will be cut from 8% down to just 3%. Lower commission categories such as various electronics, as well as other specific categories like kitchen and jewelry, will apparently remain unchanged. We've put together a summary of the changes below, using rates pulled from the operating agreement as well as the update. CNBC.com—which got a hold of an announcement emailed to Amazon Associates members that makes no mention of any particular reason behind the rate reductions—reports that an Amazon rep declined to comment on whether the changes were related to the COVID-19 pandemic. A screenshotted email shared on an online forum for members of Amazon's affiliate program, purportedly sent from an Amazon rep, said the rate changes are "not related to current events." While it's... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-04-15 01:15:20 UTC ]
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It seems like everyone has a tablet or phablet nowadays. These devices are wonderful as they let you do many things, like listening to music, surfing the web and reading. Yes, you can read a book on an iPad, Nexus 7 or Galaxy Note, but you shouldn't -- your eyes do not want you to. You see,... Continue reading at Betanews
[ Betanews | 2014-10-24 00:00:00 UTC ]
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Amazon's release of its third quarter financial results Thursday afternoon gave analysts and investors lots to think about as the giant e-tailer posted a large quarterly loss, forecast the possibility of a loss for the fourth quarter and had slowing growth in its media segment. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-24 00:00:00 UTC ]
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Sweden's book market is bracing for the launch of Amazon, where ebooks are hamstrung by high taxes and print books are still relatively affordable. The post Will Amazon Disrupt Sweden’s Book Market? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-10-24 00:00:00 UTC ]
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Amazon and Simon & Schuster recently reached a deal on ebook and print book prices and it gives Simon & Schuster control over ebook prices 'with some limited exceptions.' E-book prices are reportedly part of the ongoing dispute between Amazon and publisher Hachette. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-10-22 00:00:00 UTC ]
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Simon & Schuster in the US and Amazon have signed a new multiyear deal which is a "return to a version of agency" and is also “economically advantageous for both Simon & Schuster and its authors”. An email from Carolyn Reidy (pictured), president and c.e.o. at Simon & Schuster, said... Continue reading at The Bookseller
[ The Bookseller | 2014-10-22 00:00:00 UTC ]
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Tim Coates has blamed uncertainty over the ebook market for the collapse of his ebook site Bilbary. The ebookseller went into liquidation in April, with a final creditors’ meeting to be held in December. Coates is now working on The Freckle Project, a new ebook venture aiming to bridge the gap... Continue reading at The Bookseller
[ The Bookseller | 2014-10-22 00:00:00 UTC ]
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A raft of stories speculate on what the new terms deal between Amazon and Simon & Schuster means for authors, other publishers and, of course, Hachette. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-22 00:00:00 UTC ]
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Online retailer Amazon reaches a deal with publisher Simon & Schuster over the pricing of ebooks. Continue reading at BBC News
[ BBC News | 2014-10-21 00:00:00 UTC ]
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Prominent New York Times columnist Paul Krugman has criticized Amazon for using its power in ways that “hurt America”. The Nobel Prize-winning economist, who has been described as The Times’ “most heralded” columnist, used a piece in the newspaper yesterday (19th October) to argue that Amazon... Continue reading at The Bookseller
[ The Bookseller | 2014-10-21 00:00:00 UTC ]
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Amazon just found a way to put further pressure on Hachette in its ongoing pricing war: strike a deal with another publisher. The online retailer has forged a new agreement with Simon & Schuster that will keep the book giant's digital and physical... Continue reading at Engadget
[ Engadget | 2014-10-21 00:00:00 UTC ]
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The new sales agreement supposedly reached on Monday by Amazon and Simon & Schuster, has been confirmed by both parties. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-21 00:00:00 UTC ]
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'New York Times' columnist and Nobel prize-winning economist Paul Krugman wades into the Amazon/Hachette dispute, declaring that Amazon 'has too much power.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-20 00:00:00 UTC ]
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As Hachette continues its stalemate with Amazon over ebook sales terms, Simon & Schuster has reached a new agreement with the e-tailer. Among other things, the new deal will allow S&S to set the prices on its ebooks, marking a return to the agency model. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-20 00:00:00 UTC ]
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Kobo’s president has launched a Twitter tirade about why indie authors should beware of Amazon’s supplier negotiation tactics. Michael Tamblyn, president and chief content officer of the Canada-based ebook company, took to social media today (17th October) to warn self-published authors in 32... Continue reading at The Bookseller
[ The Bookseller | 2014-10-18 00:00:00 UTC ]
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The new Kindle Scout program has the average reader voting the books that should be published. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-10-17 00:00:00 UTC ]
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Recent news that Amazon is getting into bricks and mortar retail, with plans for two California pop-up stores, has gotten people in publishing talking. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-17 00:00:00 UTC ]
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Kindle Scout is now taking submissions for titles in romance, mystery and thriller, and science fiction and fantasy genres. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-14 00:00:00 UTC ]
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Chris Kubica argues that the book business has so far been too content to put the future of reading in the hands of others, and offers 8 ideas to change that. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-11 00:00:00 UTC ]
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The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, children & teens, and more for the week ended October 5, 2014. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-10 00:00:00 UTC ]
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Canadian authors say the Hachette-Amazon fight is hurting U.S. sales, particularly for writers looking to break into the American market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-08 00:00:00 UTC ]
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