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Amazon advantage now pocketing up to 63% - not 55%

Discussion in 'Studio Lounge' started by Dr_Willie_OBGYN, Nov 21, 2011.

  1. Dr_Willie_OBGYN

    Dr_Willie_OBGYN Active Member

    Amazon used to pocket 55% of the list price that you select. We'll for a while now I've noticed that some of my products that I set to sell at $9.99 are being sold for as much as $12.15 !!!!!! I emailed them to complain and they responded by saying something about how their FINE PRINT allows them to charge more. So these f*ckers are total rip off artists. How about "Occupy Amazon" for artists who are being pilfered?
     
  2. Ryan Edward

    Ryan Edward Active Member

    That's the big boys for you, always f#cking the smaller person over.
     
  3. RemyRAD

    RemyRAD Well-Known Member

    And so you charge money to women to fondle them, professionally speaking of course? Why bother with recordings? Are you gay? Somehow I don't think so? I know most of their parts are similar with small differences just like audio gear. So do you have any favorites? 1 fish. 2 fish. Red Fish. Bluefish? Although I think there is something fishy about your choice of careers. This is where I believe sushi is the answer?

    Uni is my favorite sushi & polar pattern. They're certainly not our anemone.
    Mx. Remy Ann David
     
  4. Ryan Edward

    Ryan Edward Active Member

    Very well put Remy..
     
  5. Dr_Willie_OBGYN

    Dr_Willie_OBGYN Active Member

    UPDATE: I have a CD that I set up with Amazon to sell at $ 10.99. Well they are now selling it for $13.25. They're pocketing a full $2.26 more than I set up to sell it at. Amazing! I make $ 4.95, whereas Amazon takes in $8.30 + shipping, and I'm sure there's some profit margin on shipping too. So if Amazon pocketing 55% was too much, pocketing 62% is ridiculous! Think of how much work goes into recording and manufacturing a CD and then think about how much work goes into just selling it on a website. Amazon is laughing all the way to the bank with their profit margins.
     
  6. djmukilteo

    djmukilteo Well-Known Member

    Kind of sounds like a record label or music publisher!
    But I think they would've taken more than that?!
    But then Amazon isn't promoting your CD either....or do they?
     
  7. Dr_Willie_OBGYN

    Dr_Willie_OBGYN Active Member

    They aren't promoting anything. It's the Amazon Advantage program. Beware when they say that they pay 45% of list. The small print says otherwise. The devil is in the details.
     
  8. Al_Weeks

    Al_Weeks Active Member

    Always read the small print.
     
  9. Ryan Edward

    Ryan Edward Active Member

    The devil is in the details, namely the fine print.
     
  10. bart_R

    bart_R Active Member

    Aren't they supposed to inform you when they change any part of the deal?
     
  11. Dr_Willie_OBGYN

    Dr_Willie_OBGYN Active Member

    The devil is in the details, namely the fine print.
     
  12. Al_Weeks

    Al_Weeks Active Member

    Musicians, screwed from all angles, just like Paris Hilton.
     
  13. Dr_Willie_OBGYN

    Dr_Willie_OBGYN Active Member

    Maybe that's why she released that song of hers -- not for the love of music, but to get screwed.
     
  14. Thomas W. Bethel

    Thomas W. Bethel Well-Known Member

    They have you by the gonads and there is not much you can do about it if you want to sell your stuff on Amazon.

    Slightly off topic there is a HiFi resale shop near here. The charge 20% of the items value to sell it for you. The owner is somewhat of a well known shyster. Say you want to sell your unit for $200. he takes it in and puts it in his store and marks it up to $350.00. When he sells the unit he pockets the $150.00 and still charges you the 20%. He also never tells you when he sells something so you have to go there in person to inquire because he does answer questions over the phone. When you do go in he tells you that he does not have time to deal with your request and he will "look it up" later and get you a check for the amount. So a person has to waste the cost of gas only to be told that he can't get to you because he is sooooooooooo busy. Lots of people have caught on to his tactics but either they don't want to go the Audiogon route or the Ebay route so they let him rip them off. He makes most of his money by having his tech repair equipment and charges exorbitant rates for that service. His tech is GREAT but the owner is a shyster. This goes on in business all the time and it is NOT just Amazon.com that is ripping people off.
     
  15. BobRogers

    BobRogers Well-Known Member

    Sorry. I don't buy your argument. You have produced a CD. Amazon has produced a well know brand that provides fast nation-wide shipping, a secure web site that takes multiple forms of payment and provides a ton of information, 24/7 customer service that has a great reputation. In short, you provide something that is small and commonplace; they provide something large and rare. 62% for them is not ridiculous. But in fact you probably already know that because you've already worked out what it would cost you to try to market the CD on your own...and if you did that you couldn't make any money at $10.99 or $13.25 or even $132.50 per CD.
     
  16. Dr_Willie_OBGYN

    Dr_Willie_OBGYN Active Member

    I make 92% using my website and ccnow.com.
    I just don't like Amazon's small print. The "big print" says 45 / 55, but the small print says that they can make more.
     
  17. bart_R

    bart_R Active Member

    Good for you, don't give your hard earned money away to Amz.
     
  18. Dr_Willie_OBGYN

    Dr_Willie_OBGYN Active Member

    There's definitely people who will just blindly do all of their shopping on Amazon without comparing prices elsewhere, such as on the artist's home page. I sell CD's on my site for between $5.00 and $6.00, when Amazon sell them usually between for $10 to $13.97. At least digital is taking over and the payout is much better via TuneCore. I sell about 20 digital download albums for every CD, so CD's hardly matter fortunately.
     
  19. leona.mccauley

    leona.mccauley Active Member

    Completely agree...always go through the minutest detail mentioned on contract.
     
  20. Dr_Willie_OBGYN

    Dr_Willie_OBGYN Active Member

    Amazon changes their mind more often than Kim Kardashian.
     

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