Over the last several months, I’ve been sharing my Amazon sales numbers with you as I compare changes during and right after my KDP Select promotions.
I wrote about the results from my May 5-days-free promotion here, and I just updated the earnings this week to “actual” rather than a guesstimate, showing I overestimated revenue. I also tallied the results from my August 5-days-free promotion here. (I’m still showing revenue guesstimates until I get the final numbers for September, but I’ll update that post soon). Both of these promotions have been for Little Miss Lovesick, which has been in KDP Select since February 26, 2015.
Now I want to discuss my “borrows” – which I’ll refer to as KENP (Kindle Edition Normalized Pages) for periods beginning July 1, 2015. I’ve been studying the “tail” of sales and borrows after my promotions to see how long it lasts. (The length of the period after a sales spike is commonly referred to as the tail.)
I don’t want to leave my book in KDP Select forever, but at what point has the positive impact of the 5-days-free promo in each 90-day period stopped influencing borrows/KENP? It’s not cut-and-dried, particularly because you can’t truly compare “borrows” of full books to KENP, “pages read” of full books. But for me, for this book, it looks like there are 4-6 good weeks of borrows, with the first three weeks the very best.
For example, for the first 2 1/2 months of the first KDP Select 90-day period (February 26 – May 25, 2015), I had 1 borrow. In the two weeks during and after the free period (May 19-31), I had 71 borrows! Then another 88 in the month following (June 1-30).
But the second month after the free period showed a sharp drop – 2381 KENP pages read. Little Miss Lovesick has 402 KENP pages, so that’s the equivalent of about 6 books borrowed and read July 1-31.
[NOTE: Little Miss Lovesick was earning about $1.35 per “borrow” through June 30, 2015. Since Amazon changed borrows to KENP pages read on July 1, the book – at 402 KENP pages – now earns about $2.32 if a reader reads every page.]
During the second 90-day period (May 26 – August 23), I tried to recreate the circumstances as exactly I could. During the two weeks during and after the free period (August 18-31), there were 24,899 KENP pages read! Because I don’t expect that every reader reads every page (copyright page, author bio, excerpt, etc.), I’d guess that’s between 62 and 66 books borrowed and read (compared to 71 borrows in May).
The following month, September 1-30, there were 15,567 KENP pages read. That’s probably about 38-42 books borrowed and read (as compared to 88 in June).
If you’d like to see exact numbers, here are the KENP pages read by week for the last seven weeks. Day 1 of Week 1 is the first day of the 5-days-free promo.
Week 1: 7246 KENP pages read
Week 2: 17,653
Week 3: 7831
Week 4: 3780
Week 5: 1692
Week 6: 1811
Week 7: 1274
It’s too early to guess what October’s numbers might be, but based on one period of history above (not a good way to show statistical integrity), and understanding that the previous way Amazon counted borrows (1 book, regardless of how much of it was read after the 20% mark) is significantly different from the new method (by page, exactly), my guess is that October’s numbers will be bleak.
The reason why I started looking at these numbers this week is because Little Miss Lovesick is in the middle of another 90-day KDP Select period, and I need to decide which five days will be free. Knowing that the sales/borrows tail will be good for at least three weeks, I want to do the free promo at least three to four weeks before the end of the period so I can get all the revenue I can from borrows before the book leaves the program.
Unless I change my mind and leave this book in KDP Select for another term (through February 19, 2016), I’ll set the five free days to start sometime during the week of October 18. That will leave me a four-to-five-week tail to get paid for as many KENP pages read as possible before the book leaves KDP Select on November 22.
ACK!! That doesn’t give me much time to figure out where and how to promote it to best advantage!
And that is why I wrote this post for you. 🙂 If you put a book in KDP Select, you need to think through all the potential good that can come your way and figure out how to harness it. If you leave your 5-day-free promo to the end of the period, and don’t renew the book in KDP Select in the following period, you stand to lose hundreds of dollars or more in KENP lost revenue.
If your book isn’t selling anywhere else, as was the case with this book, it probably doesn’t hurt to keep trying different ways to gain readers using KDP Select. For instance, if you don’t want to make your book free for five days (and they can be any five days, but everyone I know, myself included, has found the best results when the five days are in a row), you can try KDP Select’s Kindle Countdown Deal.
The key is – whatever you decide to do, think it through and make a plan. Good luck!
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[UPDATE: Debra Holland kindly mentioned in the comments below how you can find your prior month’s sales. Thanks, Debra! So the borrows in June were 88 rather than 63. Nice! 🙂 ]
It has been a crazy few weeks for me! I decided it was high time I put my class, “Your How-to Guide to Self-Publishing,” on its own web site instead of teaching through Yahoo Groups. I wanted to add more content like videos explaining each step, worksheets and checklists, interviews with other professionals related to self-publishing like cover designers, time management experts, accountants, attorneys, and so much more!
This week I finally got all 479 pieces together that were required to do this “simple” task of creating a new web site. (Wanna see? I really want my friends to go ooh and ahh over it because even though it’s not perfect, that’s what friends do. Haha! It’s at WriterEntrepreneurGuides.com.) I’ve attended about three dozen free webinars in the last six months, bought into several programs to help build the site and create the videos, and listening to innumerable podcasts collecting information I want to share with my next group of students.
It has been exhausting but exhilarating! Lots of things didn’t work as easily or as quickly as I expected and my April 27 class start date has been pushed back to June 1. But the experience has reminded me of how frustrating it can be to learn new things without anyone to help you, and that compassion is going to be a focus of my class. So I’m excited about that!
I’m in the process of making lists of things I’ve done so I can share them with all of you. Remember the last time I did a promotion and I told you what ads I bought, how much they cost, how many subscribers they went out to, and how many downloads I got? I just spent most of yesterday buying ads for a free promotion the week before Memorial Day for Little Miss Lovesick. I’ve done some things the same and some things differently, so I’ll share the results as soon as it’s all tabulated.
All that to say – writing is the most important thing a writer can do, but there must always be room for learning how to change with the times, learning how to do new things that will add to your bottom line (i.e., money). The added benefit of that – and I’m not sure that it isn’t of greater benefit than the increased revenue – is that your mind is constantly pushed when you learn new things. This is good for your physical and mental health!
So when you’re done writing today, go learn something new about how you can improve your business. It just might improve your health! 🙂
Kitty Bucholtz decided to combine her undergraduate degree in business, her years of experience in accounting and finance, and her graduate degree in creative writing to become a writer-turned-independent-publisher. Her novels, Little Miss Lovesick, A Very Merry Superhero Wedding and Unexpected Superhero, and the free short story, “Superhero in Disguise,” are now available at most online retail sites.
0 0 Read moreAfter six weeks of Lent and the booming joy of Easter, I’ve got love on my mind. Not just the cute, mushy stuff that most of our acquaintances seem to think we write about. 😉 But love with power and strength and purpose, the kind of love that changes people and changes lives.
I’ve been thinking about a sermon I heard recently where the pastor told a story about an elderly woman who was kidnapped and forgave her kidnapper, asking the judge to get the man into a drug rehab program. The pastor said what I often think – I’d like to think I would be that forgiving. But he also said the other thing I think when I hear these stories – I’ll probably never be in a position to know.
So he challenged us to something else. Don’t worry about loving your enemies today. Start with something easier. “How about if this week you just try to love the annoying people in your life?”
And it occurred to me that that just might be harder.
Then he said, “When you get so you can love the annoying people, take a step up and try to love the irritating people.”
Ouch. I think I’d rather try to love the kidnapper. At least I can blame it on the drugs and believe in his potential rehabilitation.
And then I started thinking about my writing. If I can’t personally love the annoying and irritating people I come across on a daily basis, how can I write about people with a dozen layers – no, a hundred layers – of relational emotion? Because that’s who we all are – people with uncountable layers of emotion covering hundreds of different relationships in each of our lives.
Love is the emotion that packs a punch. It’s active. It changes things. It changes people.
Love changes us.
We’re romance writers. But do we love the annoying and irritating people in our lives, let alone our enemies? If not, how can we write about love?
How does the love we write about change the people who read our stories? Does it change them at all? Are we afraid of saying too much? Too little? It takes a double dose of vulnerability to put that kind of love on the page.
We must be fearless.
We are among the bards of our generation. Bards tell tales of heroes, warn of danger, and give people courage. All in a fearlessly entertaining way.
That’s the power of love.
Kitty Bucholtz decided to combine her undergraduate degree in business, her years of experience in accounting and finance, and her graduate degree in creative writing to become a writer-turned-independent-publisher. Her novels, Little Miss Lovesick, A Very Merry Superhero Wedding, and Unexpected Superhero are currently available on Amazon. The free short story “Superhero in Disguise” and the new short story “Welcome to Loon Lake” are available wherever ebooks are sold. You can find out about her courses on self-publishing, marketing, and time management for writers at her website Writer Entrepreneur Guides.
0 0 Read moreA Slice of Orange is an affiliate with some of the booksellers listed on this website, including Barnes & Nobel, Books A Million, iBooks, Kobo, and Smashwords. This means A Slice of Orange may earn a small advertising fee from sales made through the links used on this website. There are reminders of these affiliate links on the pages for individual books.
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More info →A Slice of Orange is an affiliate with some of the booksellers listed on this website, including Barnes & Nobel, Books A Million, iBooks, Kobo, and Smashwords. This means A Slice of Orange may earn a small advertising fee from sales made through the links used on this website. There are reminders of these affiliate links on the pages for individual books.
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