Showing posts with label kdp select. Show all posts
Showing posts with label kdp select. Show all posts

Sunday, June 29, 2014

Changing Bookselling Strategies

Last week I mentioned some interesting conversations I’ve had with other writers. One of the topics was whether to publish a book through Amazon’s KDP program.

Until about a year ago, many self-publishers were praising the program loudly on various forums. The exclusivity, they said, was worth the five free days, given that the majority of e-book customers owned Kindles and Amazon sold far more e-books than its competitors. They also said that with the proper promotion through BookBub and similar outlets, the downloads were in the thousands and resulting sales followed, especially for those who were publishing a series.

But if there’s one thing I’ve learned in the past three years it’s that trends and effective strategies change at a pretty fast rate in the world of e-books. Let’s face it, the technology and opportunities are in their infancy, and many authors are still trying to figure things out. As soon as a few people start sharing their selling successes, a few thousand other authors understandably jump on the bandwagon until it wears itself out.

This is why I’m not surprised to hear colleagues state that KDP is not the best e-book marketing strategy anymore, particularly for those of us who live in Canada, and/or set our books in Canada, and intend to sell our books through Kobo. I’ve met a growing number of Canadians over the past two years who’ve chosen to read on Kobo rather than Kindle. Not surprisingly, more authors appear to be selling through Kobo than they were two years ago. All this, of course, is anecdotal evidence, but my findings are on the same page as another writer who’s gone into much more detail about his non-KDP experience.

Writer Nick Stephenson provides a detailed chart on his blog showing exactly what went on with his sales after he left the KDP program. In fact, he’s written a series of blogs about his experiences, which are worth checking out.

I know it’s hard to find, let alone keep up with, effective strategies. But now that writers like Nick are sharing pertinent information, I suspect that other writers will jump the KDP ship as well.

I won’t be ready to self-publish anything for another couple of years. But I’m quite sure that today’s trends and strategies won’t be the same.



Friday, May 11, 2012

New Release: How I Made Over $42,000 Selling My Kindle eBooks

In March 2012 one Canadian author boldly went where few have gone before—into the land of making real money with Amazon's KDP Select program.

This is her story…

My name is Cheryl Kaye Tardif and I am an international bestselling suspense author who earned over $42,000 dollars in March 2012 selling ebooks via Amazon's KDP Select program, captured the interest of a major literary agency, and went on to sign with a foreign rights agent. And I'm about to tell you HOW I did all that.

I don't normally tell people how much money I make, but I believe writers need to know it IS possible to earn a real income from your books. Seriously, if I can do it, anyone can—if you have the right combination of criteria and techniques.

In this book, I'll share with you what I believe are four key elements you must have in place to see high sales. And I'll reveal the strategic techniques I used during my KDP Select promotions that resulted in earning over $42,000—with $32,000 of that from ONE title alone.

Not only did I earn over $42,000 in ebook sales, I was contacted by one of the leading literary agencies in New York. The chairman noticed my success when my one title made #4 in the Top 100 Bestselling Kindle ebooks, right under The Hunger Games trilogy. Since then, I've signed with another agent for foreign rights.

So, if you're ready to earn some real money with Select, let's begin…

Available at Amazon (Kindle) for only $2.99.

Saturday, January 21, 2012

The KDP Select Experiment: Part 1 - Mission Impossible?


On December 21 I blogged about the huge carrot Amazon was dangling in front of authors--the opportunity to share in a $500,000 pool via the new KDP Select program. I mentioned that I wasn't happy with some of the conditions of this program or with Amazon's obvious ploy to monopolize the industry. Regardless of the smile on my face in the pic to the left, I don't like being backed into a corner. However, I recognize from a business perspective they're doing what most successful businesses attempt to do--destroy the competition.

The exclusivity clause still bothers me, even now that I have enrolled two of my titles into the program. It bothers me that those with other ereaders outside of the Kindle won't have access to these two titles--DIVINE INTERVENTION and THE RIVER. But from a business perspective I'd be remiss in my duties to completely ignore or overlook what Amazon is offering. I still think Amazon could have taken away the exclusivity clause and still have a ton of interest. It would have been "fair" to everyone else. But big business rarely ever plays fair.

You can read about the first steps I took and follow my experiment at: http://cherylktardif.blogspot.com/2012/01/kdp-select-experiment-part-1-mission.html

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Wednesday, December 21, 2011

Amazon's new carrot: KDP Select

Today someone asked me what I thought about Amazon's new KDP Select program, a program that has an exclusivity clause that prohibits participating authors from selling their ebooks anywhere else. After sending him my thoughts on the matter, I realized something: I had enough for a blog post. So here is my answer to his question of whether I was tempted to enroll and what I thought about the program...

I’m happy to share my thoughts on KDP Select, though I’ll warn you, they’re very “strong”. 

First, I think this is a ballsy move on Amazon’s part to try to monopolize the industry. From a business perspective, it’s not necessarily wrong, but they won’t make a lot of people happy.

I am definitely against this new “program” of Amazon’s. I think they’re using much higher numbers and authors won’t be too pleased when they realize how little they’ll actually make from it. That’s my prediction anyhow. It sounds good at first glance, sharing a pool of money, but at what cost?

The exclusivity clause is a big red flag for me. Amazon is asking authors to put all their “eggs into one basket.” It’s obvious they’re hoping to weed out other ebook retailers like Smashwords. They want the monopoly. But this is a huge risk for authors who blindly follow Amazon. Once they’re “in” and bound by exclusivity contracts, Amazon can basically do what they want and those authors won’t have any choices. They could raise ebook prices, put ebooks on sale etc.

The automatic renewal poses a serious problem as well. If it isn’t timed properly, authors who do want out will find themselves locked into another term.

I think new authors, especially the very young or very old, may be drawn into this “program” without realizing the full effects and risks. That bothers me. I’ve already seen on forums where authors have blindly signed up, not realizing until it’s too late that they won’t be able to sell anywhere else. It’s amazing how many writers don’t read the fine print—or understand it—or question it.

I don’t think the increased numbers came necessarily from Smashwords. Many writers who dealt with Smashwords and KDP probably thought it was a good idea. Some probably thought it worth checking out or experimenting with. Then again, who’s to say the increase came from authors in this program? Amazon often makes “deals” with publishers and it wouldn’t surprise me if they held back a large number of titles so it would appear that authors are “jumping ship.” Nothing Amazon may do would surprise me.

Amazon is a huge company. There’s no way around that. I have a Kindle and love it. I also have a Kobo. I have friends who have Sony ereaders. With KDP Select in place, readers with Kobo, Nook or Sony ereaders won’t be able to get the same content, unless these ereaders can download a Kindle app, which some don’t.

As for the free ebook option, it’s a short one-time promotion opportunity that won’t do much good for the average KDP author. If Amazon allowed unlimited free ebooks, that may draw in more authors. Many would like to offer a free ebook, just to get people interested. But even if they had that as an incentive, it wouldn’t be enough to entice me to cross over to the “dark side”.

What would entice me? If Amazon stopped their greed campaign long enough to remember that authors deserve respect. And KDP Select shows zero respect for authors and their rights by making us sign any kind of exclusivity contract. Amazon needs to learn to play fair. They don’t have to have it all. There’s room for Smashwords, Kobo, iBooks, B&N and more. And readers deserve the choice.