How many calendars did I sell? Where can I find information? When will I be paid? These are questions that always crop up in conversations with our self-publishers so here’s a short overview of all things sales and royalties:
First of all, Calvendo is not a B2C retail platform. We’re not selling your Calvendo calendars directly to consumers but to business customers, i.e. retail platforms and retailers such as Amazon, Hive or Speedyhen. Customers are then buying our (your) products from these retailers. As a consequence, reliable and accurate real-time information about sales is, unfortunately, not available to us and hence not to you. Because of the complexity of the supply chain, things simply take a bit longer in the publishing industry.
With our specific digital print-on-demand system the procedure is as follows: A calendar is ordered by a customer, the order is taken and processed by the retailer, the calendar is printed and then dispatched. However, the retailer that has taken this specific customer’s order has at that point not paid Calvendo for the calendar yet. We carry the production risk, and then have to wait for sales reports from retailers and wholesalers. Since our products are sold on a multitude of platforms, in the UK and other countries such as Germany and France, the amount of data that has to be processed is considerable and while some partners are fast in reporting their sales data, others aren’t. In the end, we always have to wait until we receive all the sales information in its entirety. Otherwise, we can’t prepare a correct royalties statement for you.
In your personal Calvendo account, you will therefore find preliminary sales projections starting from the end of each quarter and over the weeks following these cut off dates. However, this data is not final and is based on information we’ve received up to this point which is, see above, not complete and still subject to a lot of adjustment. It’ll take at least another eight weeks after the end of a quarter until your final statement can be prepared based on the complete sales figures of every retailer who’s sold your calendars. Your statement will then be available for download and you will be paid, as long as your share is at least EUR 30. Otherwise, the payment via bank transfer from our head office in Germany is being deferred to the next quarter. You’ll also find a short summary of the payment cycle and general information about author’s shares in our FAQs for further reading.