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What Terms for a Royalties-Deal?

by ValentinCavelier
5 replies
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#royaltiesdeal #terms
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  • Profile picture of the author Kay King
    I made a deal with a writer to pay him royalties on a product.
    What was that deal? Was it specific or is it 'in process'? What terms has the writer suggested, if any?
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    • Profile picture of the author ValentinCavelier
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      • Profile picture of the author JohnMcCabe
        Originally Posted by ValentinCavelier View Post

        The initial deal was:
        - 15% on clickfunnels sales
        - 20% on clickbank sales (Vendor's cut)

        Thanks for your interest
        Sounds like you already have your terms. Why do you want to change them?
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  • Profile picture of the author Frank Donovan
    The simplest solution? An upfront, flat fee for the book. Then, if you're intent on paying royalties, have them kick in only after reaching an agreed number of sales or net revenue value. You keep all revenue from the upsells.

    But in general, offering royalties is only worth your while if you want to keep the writer on board for future projects.
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