See on Scoop.it – Writing and reading fiction
Once again, author Russell Blake gives sane analysis of KDP Select & why he’s staying in. You’ve bookmarked his blog by now, yes?
See on russellblake.com
Filed under: publishing
See all my books at AllThatChazz.com.
05/14/2012 • 7:30 PM
See on Scoop.it – Writing and reading fiction
Once again, author Russell Blake gives sane analysis of KDP Select & why he’s staying in. You’ve bookmarked his blog by now, yes?
See on russellblake.com
Filed under: publishing
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Excellent post. I opted out of KDP in April when I saw diminished returns on offering free books. However, he makes a decent point when it comes to borrowed books, particularly if the book is priced under $4-5 ($2.50 in royalties for borrowed books).
On my end, I only saw a few borrows a month when it came to my KDP Select books. Personally, I’d rather just price my book at $4.95, since a handful of borrows doesn’t make up the difference of selling a book at $0.99 (or even $2.99 for that matter — $2.05 sales versus $2.50 borrowed)… especially when I miss out on the other distribution channels.
I think as we progress and see fewer benefits of the KDP program, fewer will participate, meaning fewer free books overshadowing paid books… and as such smaller TBR piles. 🙂 Hopefully.
Like the author of the post, I have noticed diminishing sales since March, but the last few days have picked up slightly… but that’s just a few days. I have noticed over the years sales wax and wane for authors in general during certain time periods, so hopefully we’re on the upswing.