Amazon’s Indie Author Smackdown: Changes to KDP Select Payouts

Amazon has changed the way they pay indie authors participating in the KDP Select promotion program…for the worse!

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Amazon has changed the way it pays authors who participate in the KDP Select program. Here is the email from Amazon:

In mid-June, we announced a change to the way we will pay for authors’ participation in Kindle Unlimited (KU) and the Kindle Owners’ Lending Library (KOLL) (https://kdp.amazon.com/community/ann.jspa?annID=786). Starting today, the payout of the KDP Select Global Fund will be based on the number of pages KU and KOLL customers read.

 

In mid-July, we will post results for the fund in June, expected to be at least $11M, making June the largest monthly payout so far. As previously announced, the KDP Select fund for July and August will also be at least $11M.

KDP authors can now see the Kindle Edition Normalized Page Count (KENPC V1.0) for each of their KDP Select titles on the "Promote and Advertise" page in their Bookshelf (https://kdp.amazon.com/bookshelf). Please keep in mind that, because it is based on settings specific to this program and intended to normalize the count across all KDP Select titles, KENPC may well vary from page counts listed on a book’s Amazon detail page or page counts for a print book. As measured using KENPC, during the month of June, KU and KOLL customers read nearly 1.9 billion Kindle Edition Normalized Pages (KENPs) of KDP Select books.

For information about how we determine a book’s Kindle Edition Normalized Page Count (KENPC V1.0), you can read more here:  https://kdp.amazon.com/help?topicId=A156OS90J7RDN.

 

We welcome your continued feedback and ideas about how we can further improve Kindle Direct Publishing and Kindle Unlimited.

 

Best regards,
The Kindle Direct Publishing Team

 

©1996-2015, Amazon.com, Inc. or its affiliates. All Rights Reserved. Amazon and Kindle are trademarks of Amazon.com, Inc. or its affiliates. 410 Terry Avenue North Seattle, Washington 98109 US

Some questions Authors have:

What's a Kindle page?

There are no page numbers in Kindle, and anyone can adjust the font. Thus, it is unclear what they're calling a page. They're normalizing, but will it really be in our favor?

How will this affect payouts for the average indie publisher?

The program is new enough that it's hard to tell.

Screwdriver

It feels to me like a way to apply a screwdriver to a place where sun doesn't shine!

Please share this all over the social web!

Follow your B.L.I.S.S.

Ronda Del Boccio

#1 best selling author, speaker, and Amazon Top Reviewer

About Ronda Del Boccio

Ronda Del Boccio is an award-winning and best Click for Member Home Pageselling author of both fiction and nonfiction. She tells transformational tales and helps visionary authors turn their dreams and imaginings into published books. See and order Ronda's books on Amazon.

PS Before you go - Join NOW for FREE Tools for Writers!

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How Can Kindle Countdown Deals Help You Sell More Books? Video Tutorial

#IndiePublishing #authors, If you have not tried Kindle Countdown Deals yet, you might want to give it a try once y ou see how to make it work for you. Watch this video tutorial to learn how.

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Have you tried Kindle Countdown Deals yet?

This is 1 of the 2 book promotion opportunities within the KDP Select program for Kindle Direct Publishing authors.

This allows you to run a special limited time promotion of your book. THe prie could go down to 99 cents, then go to $1.99, and so forth over the span of a week before returning to full price.

Watch this video tutorial and see how to use it.

Try out Kindle Countdown Deals and let me know how it goes!

Please share this review all over the social web!

Follow your B.L.I.S.S.

Ronda Del Boccio

#1 best selling author, speaker, and Amazon Top Reviewer

About Ronda Del Boccio

Ronda Del Boccio is an award-winning and best Click for Member Home Pageselling author of both fiction and nonfiction. She tells transformational tales and helps visionary authors turn their dreams and imaginings into published books. See and order Ronda's books on Amazon.

Join Ronda's readers for free stories, sneak peeks at her next books and more at WriteOnPUrpose.com/read

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Should I Enroll My Book in Kindle Countdown Deals?

Kindle Direct Publishing (KDP) has 2 programs authors can use. 1 of them is COuntdown Deals. Here’s some help understanding this valuable tool.

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Should I Enroll My Book in Kindle Countdown Deals?

As with almost any question, the answer to that is my favorite… “it depends.

Amazon Kindle Countdown Deals is a promotional tool in the KDP Select Program that lets you as a self published author put your book on sale for a limited time and keep increasing the price.

Books between $2.99 and $24.99 are eligible. Your book must be enrolled in KDP Select, which means you're giving an exclusive to Amazon for 90 days at a time.

Example: My book Instant Author Formula gives you 6 easy ways to write a book fast. It's $4.99. It will be available as a Countdown Deal in March for a week.

The price will be only 99 cents at first, then 1.99, then 2.99, then 3.99, then after the week is over, back to full price.

This is a great way to get new readers.

Here are the details straight from Amazon. See the original article source here.

What is Kindle Countdown Deals?

Kindle Countdown Deals is a new KDP Select benefit that allows publishers to run limited-time promotions on their books, which can help earn more royalties and reach more readers. Customers can see the regular price and the promotional price on the book’s detail page, as well as a countdown clock telling them how much time is left at the promotional price.

Here are some of the benefits of Kindle Countdown Deals:

• Time: You control how long your book is discounted, anywhere between one hour and seven days.
• Discount: You set the level of discount, which must be at least $1 off the regular price.
• Royalty : You will earn royalties based on your regular royalty rate and the promotional price. As a result, if you are using the 70% royalty option, you’ll earn 70% even if the promotional price is below $2.99.
• Reporting: A new KDP report displays sales and royalties at each promotional price side-by-side with pre-promotion performance, so it’s easy to compare.
• Customer experience: It’s easy for customers to see the great deal they’re getting, as the regular price is included on the book’s detail page, right beside the promotional price. Customers will see a countdown clock with the time remaining for the promotion. It’s also easy for customers to discover Kindle Countdown Deals on a dedicated webpage at www.amazon.com/kindlecountdowndeals
NOTE from Ronda - that is a bad link. The correct link to see all the day's Kindle Countdown Deals is this one.

Here's a short video about the program:

Awakened Author Premium Members gained insight into this program during a recent Premium Member call. If you're a premium Member now, just login and notice the link to this specific class below.

Begin your 7 Day Free Trial NOW!

If you are not yet a Premium Member, you can join for 7 days free right now. You'll be able to hear the KDP Select class right away and join the next live call. Begin your 7 day free trial now!

Fair Warning:

Book promotion is important for all authors no matter how you publish. Books don't promote themselves, and publishers don't lift a finger for you even if you are published by a big house.

There is no quick fix. Just having a Countdown Deal for your book is not a lazy button. You still need to spread the word and find those readers who will devour your book and come back for more.

One of the topics in the class was about using events in Facebook and Google+ to let your people know about the special promotion.

Also during the call, I help Premium Members think through whether this is something you want to do. The why and the thought behind the decision is much more important than the how-to of doing it.

I hope you'll join the premium Program!

Follow your B.L.I.S.S.!

Ronda Del Boccio, the Story Lady

Bestselling author, speaker and mentor today helping you with book promo9tion

 

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