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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Online giant operates a rapacious near monopoly, the Observer columnist and Peep Show star tells Booksellers conferencePeep Show star David Mitchell blasted the monopolistic, cynical and frankly life-crushing way that Amazon operates to a roomful of booksellers.The comedian was giving the... Continue reading at The Guardian
[ The Guardian | 2014-09-23 00:00:00 UTC ]
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Comedian David Mitchell has slammed Amazon as "benefit scroungers" in a barnstorming... Continue reading at The Bookseller
[ The Bookseller | 2014-09-22 00:00:00 UTC ]
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After rumblings surfaced that Amazon is creating a new crowd-sourcing publishing platform, the e-tailer has confirmed that the new program is "in the works." Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-22 00:00:00 UTC ]
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The keynote address, a conversation between Franklin Foer and Andrew Keen, looked at how the mega-retailer has changed the dynamics by turing "the citizen" into "the consumer," and trying to position booksellers as "dinosaurs." Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-22 00:00:00 UTC ]
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At a Saturday lunch at SIBA's regional fall show, HBG USA CEO Michael Pietsch and bestselling author James Patterson touched lightly on the ongoing negotiations with Amazon and both men thanked indie booksellers for their support. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-20 00:00:00 UTC ]
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Paul Tash, CEO and chairman of the Times, announced the cuts in a memo to employees Thursday, citing a difficult summer that resulted in lower than expected revenue. "Newspaper publishing remains a tough business," he wrote. Anticipating jo ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-09-19 00:00:00 UTC ]
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Amazon is rolling out an upgraded suite of tablets that includes an enhanced 8.9-inch Kindle HDX ($379), a new tablet designed for children ($149), and a new Kindle HD tablet ($100). Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-18 00:00:00 UTC ]
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A security flaw in Amazon's Kindle software could allow hackers to access your Amazon account details. Benjamin Daniel Musser, a security researcher, discovered the issue, which arises when downloading ebooks from websites other than Amazon itself. The "Manage Your Kindle" page contains a... Continue reading at Betanews
[ Betanews | 2014-09-17 00:00:00 UTC ]
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Amazon is said to be readying the release of a new, smaller and thinner Kindle device called the... Continue reading at The Bookseller
[ The Bookseller | 2014-09-17 00:00:00 UTC ]
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Kindle Direct Publishing "All-Stars," which includes the top 100 authors and top 100 books, will split a multi-million dollar incentive. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-17 00:00:00 UTC ]
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Group representing Donna Tartt, Stephen King and others says Amazon tactics have driven sales down by at least 50%Some of the worlds most famous authors escalated their heated dispute with Amazon on Monday, publishing a letter to retailers board warning of the ugly history of blocking book... Continue reading at The Guardian
[ The Guardian | 2014-09-15 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 August 24, 2014. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-12 00:00:00 UTC ]
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Polis Books, which was launched in late 2013 by novelist Jason Pinter, is a digital-first publishing venture driven by a combination of traditional publishing experience and new media savvy. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-12 00:00:00 UTC ]
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Amazon is to move to London offices near ‘Silicon Roundabout’, nearly trebling its... Continue reading at The Bookseller
[ The Bookseller | 2014-09-11 00:00:00 UTC ]
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In addition to the American contenders Karen Joy Fowler for 'We Are All Completely Beside Ourselves' and Joshua Ferris of 'To Rise Again at a Decent Hour,' other nominees include Richard Flanagan for 'The Narrow Road to the Deep North' and Ali Smith for 'How to Be Both.' Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-09-11 00:00:00 UTC ]
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Responsibility for Europe's copyright enforcement has been moved in Jean-Claude Juncker's... Continue reading at The Bookseller
[ The Bookseller | 2014-09-10 00:00:00 UTC ]
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Ikea's parody of Apple marketing -- the ad that gushes over the eternal battery life and instantaneous page loading of the Swedish retailer's ordinary paper catalog -- has gone viral. ("It's not a digital book, or an ebook it's a bookbook.")Created by BBH Asia Pacific for Singapore and... Continue reading at Advertising Age
[ Advertising Age | 2014-09-10 00:00:00 UTC ]
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Amazon this week emailed Kindle customers court-mandated notice of the terms of Apple’s recent deal to settle damages in its ebook price-fixing case. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-10 00:00:00 UTC ]
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Revenue at Barnes & Noble fell 7% in the first quarter ended August 2, to $1.23 billion, but the retailer cut its net loss to $28.4 million from $87.0 million in the first period of fiscal 2014. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-09 00:00:00 UTC ]
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Amazon will launch its Fire Phone through the O2 network provider in the UK at the end of this... Continue reading at The Bookseller
[ The Bookseller | 2014-09-08 00:00:00 UTC ]
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