# Direct sales versus the retailers, without the cheerleading

Selling from your own shop keeps roughly three times as much per copy. It also sells fewer copies. Here is the arithmetic on both sides, and the point where the crossover actually happens.

- Published: 2026-08-23
- Last updated: 2026-08-31
- Author: Inkwharf
- Canonical: https://www.inkwharf.com/blog/direct-sales-versus-the-retailers
- Publisher: Inkwharf — https://www.inkwharf.com/llms.txt

## Takeaways

- Direct keeps $9.40 of a $9.99 sale against a retailer's $6.78, and loses on volume by more than that gap at the start.
- The real asset is not the extra $3 — it is the buyer's email address, which the retailers keep.
- Exclusivity programmes are the only genuinely irreversible decision in this comparison.
- Direct becomes worth the effort at the point you can reach a few hundred readers without paying anyone.

---
The case for selling books direct is usually made by someone who sells a tool
for selling books direct. So here is the version with the losses in it.

## What a copy is worth in each place

A $9.99 ebook through a major retailer at the standard 70% rate returns
**$6.78** — 70% of the price after a delivery fee of $0.15 per megabyte, which
is $0.30 on a plain two-megabyte novel. That rate is conditional on pricing
between $2.99 and $12.99. Outside that band, on either side, it drops to 35%,
which is why almost every independent ebook in the world is priced inside it.
The pricing of this industry is a royalty table wearing a market's clothes.

The same book sold from your own shop returns the full $9.99 minus card
processing, which is roughly 2.9% + 30¢, or about 59¢. Call it **$9.40**.

So: $6.78 against $9.40, a difference of $2.62 a copy.

The gap does not widen smoothly as the price rises — it jumps. A $19.99
technical manual is above the top of the band, so the retailer pays 35% and the
author keeps **$6.89**, while the direct sale keeps $19.11. Nearly three times
the price, and the retail cheque is a nickel bigger than it was at $9.99.

## What a copy costs to sell in each place

This is the half that gets left out.

A retailer has a search box that millions of people type into with intent to
buy a book. Your website does not. On the day you open a direct shop, your
conversion volume is whatever your newsletter, your socials and the back matter
of your existing books can reach — and for most authors that is a much smaller
number than the retailer's also-boughts were quietly delivering.

Three times the margin on a fifth of the volume is a pay cut. There is no
arithmetic that turns that into a win, and anyone telling you otherwise is
selling something.

## So when does it actually make sense?

At the point where you can reach readers without paying anyone for the
introduction. Concretely: a mailing list in the low hundreds that actually
opens, or a back catalogue with back matter in it, or an audience somewhere
that is yours rather than rented.

Below that line, the honest advice is to stay with the retailers and spend the
time building the list instead. Above it, every sale you route through your own
shop is worth about three of the other kind, and the multiplier applies to a
number you control rather than one a recommendation algorithm decides.

The useful framing is not "direct or retail". It is: **which sales can I move**,
and the answer is the ones that were coming from my own list anyway. Those are
sales the retailer was charging you 30% to introduce you to people you already
knew.

## The asset that is not in the arithmetic

Every direct sale gives you an email address. Every retail sale gives you a
royalty line and no idea who bought it.

That difference does not show up in a per-copy comparison and it is worth more
than the per-copy comparison. A thousand direct buyers is a launch mechanism for
the next book. A thousand retail buyers is a number in a dashboard. This is the
actual argument for selling direct and it is not the one usually made, because
it does not fit in a headline about keeping 100%.

## What you are not giving up

The word that stops most authors here is exclusivity, and it is worth being
precise about what is and is not at stake.

Selling from your own shop is not exclusive to anything. The same EPUB can be on
Amazon, Kobo, Apple and your own site simultaneously, and for most authors it
should be — the retailers keep finding readers you cannot reach, and your shop
keeps the margin on the readers you can.

The exception is the exclusivity programmes, which pay for reach with a
contractual promise not to sell the file anywhere else. That is the one genuinely
irreversible decision in this whole comparison, and it is a decision per title
rather than per career. If a book is enrolled, it stays where it is until the
term ends.

## The version with your numbers in it

Take the number of copies a month you currently sell that came from your own
list — not your total, the ones you introduced. Multiply by about $2.60, which
is the per-copy difference at $9.99. That is what going direct is worth
to you this year, before any growth.

If that number is smaller than a coffee, keep writing and keep building the
list. If it is not, the [arithmetic against a platform taking a
percentage](/tools/take-rate) is the next thing to run, and [what the royalty
split actually costs](/blog/what-the-royalty-split-costs-you) does the long
version of the sum above. Every rate quoted here is dated and sourced in
[what every ebook platform keeps, per sale](/data/ebook-platform-fees).

**[Open a shop](/register?role=author)** — free to start, nothing per sale, and
no exclusivity in either direction.
