Amazon just updated the Digital Text Platform (DTP), and is now offering their much-awaited 70% royalty on eBooks. I am writing to make sure you know how to opt into that new rate, since you will not be automatically opted in for books you have in the system already.
Here are the instructions (courtesy of Walt Shiel's blog):
1. Log in to your DTP account.
2. You should be taken to the Bookshelf (if not, click on that option at the top of the screen).
3. For each of your titles, you need to click on the “Edit book details” option on the Actions drop-down menu.
4. On the next screen, be sure to check “This is not public domain” (which, depending on how recently you uploaded your book, may already be checked) — assuming that is a true statement, of course.
5. Click the Save and Continue button at the bottom of the page.
6. On the next page, you can set the 70% royalty option, but it will only work if your selling price is set to at least $2.99 (be sure to read the revised terms and conditions before completing the process, as they have changed) — you can also set or change your DRM option on this page.
On your Bookshelf, the book will now show an “in review” status, which means that it might take 48 hours for the new settings and new royalty rate to take effect.