That is to say, if you make a sale on the 1st of April, you’ll receive your earnings from Amazon 60 days from the day the sale was made. In the 70 percent royalty package, you get paid up to seventy percent of the price of every e-book you sell ( 60 percent if it’s paperback), every 60 days after the book sale has been made. To qualify for the 70 percent royalty package, your books must be priced between $2.99 and $9.99, and the copyright protection of those books is secure (plagiarism bears a serious penalty). To improve your earning potential on Amazon KDP, going for the 70 percent royalty package (available in most English-speaking markets) is more rewarding. These are the 70 percent royalty program and the 35 percent royalty program. There are two types of Amazon KDP royalties available to publishers on Amazon. A Brief Overview of How Amazon KDP Works.On the other hand, verifying your KDP account involves completing your tax identification, because, without this, Amazon will not send royalties.īut first, let’s briefly explain how Amazon KDP royalties work. Payoneer is the getaway channel to use to easily get the US or UK bank account to receive your royalties from Amazon. To reiterate, your local naira bank account can’t receive royalty payments, so you’ll need a top-tier country local account like a US or UK bank account to get paid from Amazon. As a self-publisher living in Nigeria on Amazon KDP, you learn the other requirements, which are verifying your KDP account and getting a bank account that can receive direct deposits from Amazon as you read on. If you take heed of the tips mentioned in the first part of the introductory paragraph, making a sale wouldn’t be so difficult. You can only earn an income on Amazon KDP only if you sell a book, and have a verified KDP account and a bank that Amazon can pay.
How Can You Get Paid from Amazon KDP in Nigeria?.
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