Why get a Reader Membership?
A Reader Membership gives you book credits and course credits, typically at a discount to their a la carte price. These credits can be used toward buying any book or course on Leanpub, sometimes at a discount to the cash price. Also, it's easier to pay with credits than with money: just click a button! You also get free access to about 2000 books which are Free With Membership. Your paid Reader Membership helps support Leanpub authors through the Royalty Pool, as explained above. Finally, your paid Reader Membership helps us build a better Leanpub for our authors and our readers!
What are book credits and course credits?
One or more book credits can be used to purchase ANY Leanpub book, and one or more course credits can be used to purchase ANY Leanpub course. Every Leanpub book and course has a price in credits listed on its store page. When you use credits to purchase a book or course, you do not pay anything extra. (You pay any taxes on credits when buying the credits themselves.) Most Leanpub books cost either 1 or 2 book credits, and most Leanpub courses cost 1 course credit.
Why are book credits and course credits different?
There are two reasons: (1) books are typically much cheaper than courses, and (2) book credits and course credits need to be taxed differently in the EU and UK. More about taxes below.
How can I get book credits or course credits?
You can get credits when your Light, Standard, Pro, or Max Reader Membership subscription renews, either monthly or annually. You can also buy additional credits at any time from the Buy Credits page.
Why buy extra book credits or course credits?
We have different levels of paid Reader Memberships that we currently sell, which come with different numbers of book credits and course credits. However, if you need extra credits, you can buy them easily on the Buy Credits page. This way, you can get the credits you need without changing your membership level, and have the convenience of shopping with credits instead of money. These credits are just like the book or course credits you get with your paid Reader Membership, and can be used toward buying any book or course on Leanpub.
Can I use my royalties to buy book credits or course credits?
Yes, as long as you have a Reader Membership! Just add the credits to the shopping cart on the Buy Credits page, and at checkout choose to pay with your Leanpub royalties, credit card or PayPal.
Can I use my royalties to pay for a Reader Membership?
No. Since all Reader Memberships we currently sell include credits, we no longer offer a Lifetime option for any of these Reader Memberships. So, because of this, you cannot use royalties. Making royalty purchases work for subscription payments would be too complex to justify doing.
What is a Legacy Reader Membership? What happened to the old Reader Membership?
We used to sell just one type of Reader Membership. We are now calling this the Legacy Reader Membership. The Legacy Reader Membership used to cost $4.99 per month, $19 per year, or $99 lifetime. (These memberships paid $2.50, $9.50 or $49.50 into the Royalty Pool, respectively.) The Legacy Reader Membership provided free access to about 2000 books which are Free With Membership, and did not come with any credits for premium books or courses. The Legacy Reader Membership is no longer available for sale. We discontinued the Legacy Reader Membership when we introduced the new paid Reader Memberships with credits.
I have a Legacy Reader Membership. What happens to it?
If you currently have a Legacy Reader Membership, nothing changes. Your price does not increase, and the membership benefits do not change. This is true if you have a Monthly, Annual or Lifetime Legacy Reader Membership. Your membership continues to give you free access to about 2000 books which are Free With Membership. It does not come with any credits for premium books or courses, of course, because those credits were never part of that membership.
If I upgrade to one of the other Reader Memberships, what happens to my Legacy Reader Membership?
If you upgrade from a Monthly or Annual Legacy Reader Membership, you cannot downgrade back to the Legacy Reader Membership. If you upgrade from a Lifetime Legacy Reader Membership, you will automatically downgrade back to the Lifetime Legacy Reader Membership if your upgraded Reader Membership expires or if you cancel it.
How do my Leanpub credit card, PayPal or royalty purchases support Leanpub authors?
For credit card, PayPal or royalty purchases, we pay 80% royalties on books and courses priced at $7.99 and up. Below $7.99, we pay 80% minus 50 cents. So, Leanpub authors earn $3.50 from a $5 sale, $8 from a $10 sale, $16 from a $20 sale, and $24 from a $30 sale. You'd be surprised how many people buy $20 and $30 ebooks! Similarly, on a $129 course sale, the author earns $103.20. That adds up fast. Leanpub was founded by authors, and exists to serve our authors.
How are the credit prices of books and courses calculated?
To calculate the credit price, by default we divide the the minimum price of a book by $25, or the minimum price of a course by $125, and round up. So, a $19 minimum price book costs 1 credit, and a $39 minimum price book costs 2 credits. Similarly, a $99 minimum price course costs 1 credit, and a $249 minimum price course costs 2 credits. Now, this is just the default: authors can choose to price their books and courses at a discount when purchased with credits, so your credits may go even further! (For example, an author might choose to price a $29 or $39 book at 1 book credit, or a $129 or $149 course at 1 course credit.)