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New Author Royalty Explained

Discussion in 'TES Authors' Group' started by tesAuthorTeam, May 16, 2016.

  1. tesAuthorTeam

    tesAuthorTeam New commenter TES Authors' forum host

  2. mathsmutt

    mathsmutt Star commenter Forum guide and community helper

    vat.gif

    Before anyone says it should be £0.20 :)
     
    wroberts3 and Skillsheets like this.
  3. thinky

    thinky Occasional commenter

    I think the manner of the announcement should have been more 'up front', but nonetheless this is a good explanation thanks.

    The new author rate doesn't effect me but it seems a poor rate of return for somebody to receive less than half the income for a digital resource but I guess if people are happy with that it is their choice.

    I understand VAT has to be covered somewhere but it makes for a more complex method for calculating returns than is the case with other sites. I'd thought the UK market was TES's biggest strength when considering that other sites are already very well established in the US and therefore I'd have expected more incentives for people to create UK resources, but costing in VAT in this way seems a disincentive for UK sellers.

    Sales from down under will be very welcome :rolleyes:;)
     
  4. StartEducation

    StartEducation New commenter

    Many thanks for the explanation TES. It is a lot clearer now and I am looking forward to being able to provide Art and Creativity resources to the US, Australia and beyond ..... As well as the UK of course!
     
    tes_natalie likes this.
  5. mrajlong

    mrajlong Established commenter

    Putting my prices up in July then :(
     
  6. mrajlong

    mrajlong Established commenter

    Oh, and don't forget that we also pay income tax on our earnings, so knock another 20ish % off royalties! Jeez, becoming a millionaire is gonna take me longer than I thought!!!
     
  7. mathsmutt

    mathsmutt Star commenter Forum guide and community helper

    (At risk of playing Devil's Advocate)
    Will TES continue to pay royalties based on the full price during a sale, as what kindly happens at the moment, or will the practice of other online publishing retailers of paying royalties based on the cost price at time of purchase follow ?
    :p
     
  8. tesAuthorTeam

    tesAuthorTeam New commenter TES Authors' forum host

    @mathsmutt - yes! We will continue to pay royalties on the full-price of the resource subject to the level you are in and where your buyer is located, however we will explore and implement some new rules once we launch seller-controlled discounts. More on that to come :)
     
  9. mathsmutt

    mathsmutt Star commenter Forum guide and community helper

  10. iGCSE101

    iGCSE101 New commenter

    Thanks @TES Resource Team for the explanation and advance email warning. I am one lesson short of bronze status so I better get working on adding more. I just want them to be PEEERRRFECT before uploading. I have hundreds of lessons I want to add - but less than 10 so far!
     
  11. CurriculumForAutism

    CurriculumForAutism Occasional commenter

    Thanks for detailed explanation!
     
  12. WkndCoder

    WkndCoder New commenter

    @tesresources team great post. I have recently joined TES and was wondering how this worked. Thanks for the clear and concise post. Hope to start adding resources to my shop pretty soon. Never know I might even make it to gold status one day ;-)
     
  13. nick_redshaw

    nick_redshaw New commenter

    Thank you
     

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