Goodreads Authors/Readers discussion
II. Publishing & Marketing Tips
>
KDP Select Results?
I'm in the process of trying it out now. I will let you know my results.

I had about 1800 downloads when it was free, but then it went on to sell 350 copies over the next few days and I'm still seeing sales-- at a higher rate than prior to the free event, though not the rate I initially did.
I got three reviews out of it, 30-some people borrowed it from the Kindle Lending Library, and I noticed someone made a request on Twitter for the book from some other Lending Library I'm not familiar with.
Oh, I also had 13 returns of the free book. :) Which apparently is pretty common, but is still ironically entertaining.
So, overall, I'm quite pleased.
This was one of those examples where, once again, I wasn't paying attention to the fine print. I thought that having five days of free promotion would be worth taking one of my books off the other places for sale, so I tried just the one books. I didn't notice that the book would be free for those five days. But, apparently it is the extent of the promotion.
I had chosen the dates for the five day free promotion for last week-end (Thursday through Monday). This book started "selling" like mad and I thought, "WOW look at all the money I'm making."
I decided to put another one on there and take off everywhere else. This time I picked two days of my promotion days for yesterday and today. Again my book was "selling" like mad. Then someone pointed out to me, "Sure it's selling, it's free."
I felt like a fool. I checked and, sure enough, my book price was changed from $0.99 to $0.00." Now I'm locked in for three months and can't sell these books anywhere else. They were selling, slowly but surely. So far I haven't gotten any reviews out of it, no one has borrowed either of these books, and no one has bought any.
So, so far, I'mnot happy with it but I will learn to pay more attention next time. This is, for me, an example where greed took over common sense. As my Southern Bell mama used to say, "Honey, If something sounds too good to be true, let someone else fall for it."
I had chosen the dates for the five day free promotion for last week-end (Thursday through Monday). This book started "selling" like mad and I thought, "WOW look at all the money I'm making."
I decided to put another one on there and take off everywhere else. This time I picked two days of my promotion days for yesterday and today. Again my book was "selling" like mad. Then someone pointed out to me, "Sure it's selling, it's free."
I felt like a fool. I checked and, sure enough, my book price was changed from $0.99 to $0.00." Now I'm locked in for three months and can't sell these books anywhere else. They were selling, slowly but surely. So far I haven't gotten any reviews out of it, no one has borrowed either of these books, and no one has bought any.
So, so far, I'mnot happy with it but I will learn to pay more attention next time. This is, for me, an example where greed took over common sense. As my Southern Bell mama used to say, "Honey, If something sounds too good to be true, let someone else fall for it."

My 90 days with KDP Select are up in the beginning of March, and I'm just chomping at the bit until I can put Quest back on Smashwords. I was really excited about Select when it first came out, but 90 days is a long time to be locked into only one avenue of sale. Sure, I wasn't selling anything on Smashwords, but I'd still like to try it again for a month or so before going back on Select, just to see if anything happens. I still have one free promo day on Amazon left, but my last promo day only yielded 5 "sales," whereas my first was over 200. Shrug. I've gotten no reviews out of the deal, but I have been getting a few more normal sales. Not sure if those are due to the free promotions or to my activity here on Goodreads, though. I've done all my promotional days in one day chunks, so maybe next time I try Select I'll do a three-day promo or something and see what results I get. It's been a pretty fun and exciting learning experience, but as I said, I'd still like to give Smashwords another whirl.




Can I make some observations here though, from about a year or so of study before I started marketing?
First, from talking to readers, a lot of free downloads go to the back of their pile of to-be-reads and we all have hundreds, basically. So even if you get a lot of downloads, it can be months before it has any cumulative effect.
Second, the people who sell a lot of eBooks stick to one genre usually, but have more than one book, so that someone who downloads it for free has another to buy (cheap) right away if they like the first. Without a second (and more appropriately a fifth, sixth or seventh), it's hard to develop the following required to gross up sales.
So it's a SLOW build. Almost no one will just get a huge hit off one book unless they have a massive promotional budget, and even then it takes a huge amount of luck.
But I've talked to several author who've followed those stipulations and are making a good living off books.
The One free, one pay thing works most notably well for a good series, of course. It's worth even taking a longer work (something above 350-pages) and sectioning it into three books, so that two can benefit from the draw from the free third.
Anyway, just a few ideas. Aside from the novel I just listed this past week, I've written five others. Four of them won't go up until they're all done, because they're each two from a series, for the above-stated reasons.
EDIT: I'd also add, from a position of humility, that all self-pub'd authors (myself included) tend to rush to market. Write it, edit it proof it, edit it again, proof it again. Then put it down, walk away for a month, come back and read it objectively. Do this at least twice. It's my new credo and I think it works.


Thank you so much for these guidelines. Since I'm an impatient person and need to see results right away, it helps to have someone to encourage me like you just did. Thanks so much!!!

I love the fact that we get paid for those that are 'loaned'! I believe that was a smart move on Amazon's part. ;o) Being a first time author, I'm more interested in readers that I am money. Don't get me wrong...I LIKE MONEY! lol
I say go for it--again, what do you have to lose? KDP is a great program for self publishing authors, at least that is my personal opinion. ;o)
I don't do the free thing...but that's completely up to each author.
In December, I think I sold 60? Then January 119...and this month is just off the charts...over 800 so far and now its up to 100 + a day...it takes time so patience is a good thing. ;o)
And Bryan is right--word of mouth. Think of that as free advertising. Every download is important. It gets you one step closer to your goals. ;o)
Good luck to you!!!
That's a good way of looking at it, Bryan. Thank you.
Suzan wrote: "I LOVE KDP Select! I published my book, "Laiden's Daughter" back in December. I sell more than 100 books a day now. I've received great reviews (12 good reviews so far). Its also in the top 100 Bes..."
What do you mean that you don't do the free thing? Do they promote in another way for five days?
What do you mean that you don't do the free thing? Do they promote in another way for five days?
I am so torn about what to do. I wanted to have my books available for any e-reader, that's why I had them on kindle, nook, smashwords, and on lulu.com as large print copies. I have eight books published, soon to be nine. I've put two on KDP select and took those off everywhere else except lulu. It's too bad that amazon needs exclusivity for their deal.
I guess I hsve mixed feelings on this whole deal. Any thoughts or suggestions?
I guess I hsve mixed feelings on this whole deal. Any thoughts or suggestions?

I've yet to try a free promotion day, but I'll do that as soon as book 2 in the series is available to buy. Hopefully the combination of promoting the 1st one for free and the second one being available to buy will get things started a little?



I get the same thing. I did a few free days and I still don't understand the math here. I got 8,000+ copies at 70% and 132 at 35%. I wish they would explain this.



You get a percent of something...LOL!! They do not explain this at all.

It is little, but you do make money. The real point of it, is to get the book's name out and to make your ranking look good =)

It is little, but you do make money. The real point of it, is to get the book's nam..."
I don't believe you make anything for offering it free. Offering it free is a promotional tool to get your name out there, nothing else.
The difference in percentage is based on the royalty program in which it is enrolled BUT amazon marks all books that are up for FREE as being in the 70% bracket -- which is probably good for them but is meaningless to the average writer.
If you're book is 2.99 or above, it's eligible for the 70% royalty, as chosen at signup. If it's any cheaper, it's automatically in the 35% group.
Then you also get a small percentage of the monthly pool set aside for library borrows, assuming anyone borrows the book.



Maybe that is the case, but each time I've done a free promo, I make between $30 - $50.

Will I be paid royalty for sales during free promotion days?
No. You will not receive any royalties on your digital book during a free promotion.
Reports
What data will I see in my reports?
You will have the following additional data:
a) Month-To-Date Unit Sales Report: The number of qualified borrows through the Kindle Owners’ Lending Library (KOLL) under column "Units Borrowed".
b) Prior Months’ Royalties Report: For every title, there are four possible transaction types:
i) 35% denotes how much a title earned under the 35% royalty option.
ii) 70% denotes how much a title earned under the 70% royalty option.
iii) "KOLL" denotes how much every KDP Select-enrolled title earned monthly through KOLL. If your title had at least one borrow through KOLL, you will see a separate line item indicating the number of borrows under the column "Net Units Sold or Borrowed," your title’s share of borrows under the column “Percentage of Borrows," and the royalty earned through KOLL under "Royalty" column.
iv) "Free Book" denotes how many free units were downloaded by customers either through the free promotion campaigns you ran or because of our competitor price match policy.
KDP announced that the payout per KOLL borrow was $1.70, but from my Prior Months’ Royalties report, if I divide Royalty by Net Units Borrowed I get a different number. Why?
The actual payout per borrow is $1.697. In the announcement, we rounded up to $1.70. The report is indeed correct.

I don't think so. I've only tried it for a day, and got 427 downloads. Mostly I tweeted it heavily for a day, told people about it here. Hopefully most of those come back as favorable reviews, and that spurs sales of the book or my other books, when I release them.



Downloaded

Downloaded also!

1. Did you get a big spike in downloads?
2. Did you get reviews out of..."
Latest blog is all about my experience with KDP Select if anyone is interested
http://l-e-fitzpatrick.blogspot.com/

Okay, so ANOTHER question. Does anyone know if the free download "sales" actually attach to your ISBN as "sales?" For example, if a potential publisher was looking at your past sales record for certain books, would the free downloads count toward your sales numbers?

Okay, so ANOTHER question. Does anyone know if the free download "sales" actually attach to your ISBN as "sales?" For example, if a potential pub..."
Awesome question, yet I have no answer for that.

Okay, so ANOTHER question. Does anyone know if the free download "sales" actually attach to your ISBN as "sales?" For example, if a potential pub..."
Also, I have dealt with publishers for my satire books....you do not want a publisher.


Wonder if it just stays in the "free" category, so when a pub looks at it, it is given to them in 2 cates


Giving up control of our book actually hurt our brand. We are an internationally known site and our publisher ran our media contacts into the ground.


Community support is better than a media blitz

Books mentioned in this topic
Men to Match My Mountains: The Opening of the Far West 1840-1900 (other topics)The Lance (other topics)
The Platte River Waltz, introductory chapters (other topics)
The Heritage (other topics)
Quest (other topics)
More...
Authors mentioned in this topic
David P. Forsyth (other topics)Elliot Nash (other topics)
1. Did you get a big spike in downloads?
2. Did you get reviews out of it?
3. Did you make any money out of the collective monthly Amazon fund?
It bothers me that Amazon says you "get to offer your book for free" like this is a benefit. Writing a book is a major effort. Asking authors to limit distribution and give their work away devalues writers, in my opinion. It comes across like a predatory effort to capture free content in order to spur Kindle device sales.
On the other hand, if there's actually a benefit to doing this long term, maybe it's worth it? What has your experience been?