Kevin Brennan Is Self-Publishing His New Novel
When Kindle Unlimited was announced (which, like the now-defunct Oyster Books, lets readers download an unlimited number of books [kind of] for one monthly subscription fee), I was skeptical. To compensate an author, Amazon tabulates the number of pages of her book read by subscribers then pays out a wee fraction of a dollar for each one (lately in the neighborhood of $0.0057). Her book would have to be in the Kindle Select program to qualify, which, of course, means that she couldn’t have it distributed anywhere but Amazon.
I doubted that writers could make much money with these tiny payouts, but then again I hadn’t seen any activity on my thin blue line since the platform began in July 2014. Occasional Soulmates apparently didn’t attract any attention there.
But look at the graph above! That’s all Town Father, and the spike in activity coincides with my recent 99 cent sale, beginning February 12. All those peaks total up to 4778 pages, for Trumpssake, and that’s equivalent to sixteen copies of the book. Now that’s not very many in the great scheme of things, but it’s thirty-two more eyeballs taking in my work (unless a couple of Cyclopses are in the mix), and that’s a good thing.
Dividing my pages by the minuscule payout amount, I’ve just earned $27.23. Had I sold sixteen copies at 99 cents each, I’d have earned about $11. More than twice the take with KU!
I’m not sure how to focus marketing efforts on the Kindle Unlimited crowd, but it does look like there’s some potential there. Any ideas?
Seems to me that a certain number of KU readers troll the 99 cent lists or subscribe to EReader News Today and other lists of that ilk, but rather than buying the book they download it for free. Since not every book is available on KU, this must simplify their searches for eligible books. I’m guessing.
Anybody out there a Kindle Unlimited subscriber? If so, let us know in the comments how it’s working for you and how you locate the books you download or borrow.
By the way, here’s a good look at the ins and outs of KU and how it can be used efficiently by readers.