By now
everyone in the Indie publishing world has formed an opinion about KDP Select,
Amazon's program to promote ebooks on an exclusive basis. Arguments rage, pro
and con. You can't have your ebook on any other platform. Should you give those
exclusive rights away?
The short
answer is yes, unless you are selling a bunch of books on B&N, Kobo, Sony,
Apple, etc. etc., or on your own author website (you can't do that in the KDP
program). So the short answer is absolutely dependent on what kind of success
you are having elsewhere.
The
program only applies to ebooks, not paper editions. For me, it was a
no-brainer. I had my digital books on those other sites. Sales were flatter
than a three day old birthday balloon. Wasn't doing a whole lot on Amazon,
either. I write action adventure thrillers. That means I'm competing with
superstars like Steve Berry or Lee Child or Clive Cussler. I'm not well known,
yet. How was I going to gain exposure to the potentially millions of readers of
my books?
The main
argument against KDP Select seems to be the exclusivity clause. Hey, folks,
it's only for 90 days at a time. You can always take any book out of the
program. There isn't any long term obligation. What you get in return for
enrollment is the attention of Amazon's mighty marketing machine.
Warning: Opinion Alert
Amazon is the major leagues of ebook marketing and
exposure. Why play for an AA or AAA team if you can step into the majors?
A
successful free promotion does a couple of things. It gains you X number of
readers. It punches you into the "popularity" list in your genre. You
could be #1 in free, #20 in the sub set of action/adventure or whatever, and
still be nowhere near the top 100 paid, the golden hill we all want to scale.
Top 100 paid means you are selling mucho copies. You get there, you're thinking
about that new Mercedes. In the meantime you can get your book somewhere on
that top 100 popularity list for your genre. White Jade is currently #20 on the
Action/Adventure list on Kindle devices, #68 on the PC. I haven't a clue why
it's different. Possibly it depends on where a reader buys the book. It can
stay on the list for weeks and readers see it. Those popularity lists are
driven by the number of free downloads.
I got
more than 10,000 downloads when I promoted White Jade. That stimulated sales of
the other books in the series. Enough to pay the light bill, not enough for the
Mercedes. That's okay. Patience is everything. I'm happy to see royalties
waiting. I'm happy to see any royalties at all. And I'm really happy knowing
all those potential readers have my book waiting on their Kindles. Eventually
they'll get to it and when they read it, many of them will want to buy the
other books in the series. I can already see that happening.
Thank you, everyone who picked up White Jade.
A great
feature of KDP Select is the tracking. You can see sales numbers by the hour,
day, month, year. You have an exact record of royalties, updated regularly.
Amazon pays directly to your account. You can see how many loaners there are
and you get a royalty for those. Distribution cost, deducted from royalties, is
only $0.15 per 1 Megabyte. You get 70% royalty on a book for $2.99 or more.
You have
a behemoth marketing and distribution machine working for you, but you still
have to self promote. You need good reviews, a 4+ star rating. You need to list
your promotion on sites like Pixel of Ink, along with all of the usual social
media stuff you might be doing. If you can tell me a better way to reach 10,000
plus readers in three days with no advertising budget, I'd love to know.
Amazon is
in business to make a lot of money. They're willing to help self published
writers succeed. If you're looking for a way to get the attention of readers
who never heard of you, KDP Select is a good program.
Alex Lukeman
Author of WHITE JADE, THE LANCE, THE SEVENTH PILLAR, BLACK
HARVEST
http://www.alexlukeman.com
http://www.alexlukeman.com
I had two KDP weekends that netted less than 200 FREEBIES between them.
ReplyDeleteI have been in the top 20 ghost anthologies in the UK (twice); I had a great accolade on two great reviews and an award for Chronicles of Mark Johnson - two months ago - net result is ZERO/Nil/NADA even nothing. For what I have got this year from Amazon - I feel - I can do better on my own. I can't do worse, I have yet to make $10 :(
I have two books on the KDP Select I have run two free promos on the first and they did okay but didn't translate into sales.However,my third Missing Flowers had a remarkable 4 day free promotion and there have been steady sales. (It is published through a traditional publisher so I can only tell sales by the rankings and those have not slipped back into the 300,000 in two weeks so something is selling)
ReplyDeleteIt is a great program but it doesn't always work for everyone. If it isn't working for you try something else but it is a good program.