That's right, "Let's Do Lunch" is still on the UK Bestseller's List (click here) even after 10 days of 'real' sales and a price bump. (The price bump was to get some borrows, which it did – I have 11 to date in the US.)
Starting at the beginning –
Amazon announced the Kindle Owners' Lending Library to Kindle owners and KDP Select to authors. Some of the Writer Boards started to scream immediately – because of the clause that states the book will be exclusive to Amazon for 90 days. But there are other issues.
1) It takes almost 90 days for an active book to come off Smashwords Premium Catalog – the vendors are so slow to make changes that 'Let's Do Lunch' is still on sale on most of them with the first cover.
2) The writers with the best sales aren't going to touch the program. They can't afford to go with the exclusive clause – they will likely lose more sales than they will gain.
3) They CAN afford to put one book into it – the first of a series for instance – as long as they aren't making a lot of money in a different market.
Amazon threw in a 'Freebie' option, where an author can make the book free for 5 days, at any time. KDP Select is now THE place to launch a book. Enroll it for 90 days, promote the hell out of it as a free book for 5 days – and NEVER need to make it a Dollar Dreadful.
A layer of Dollar Dreadful mulch at the bottom of the charts.
I had no such problems, I
Once I took "Let's Do Lunch" off Dollar Dreadful status (when I got the new cover) sales dropped to nothing and stayed there. The paperback was outselling it, with 3 online sales in a month and 13 face-to-face sales.
Then what happened?
The first day was a stunner – after months of single sales 2,740 e-books went out.
This is what my 5-day FREE run looked like.
USA | UK | |||
DECEMBER | TOTAL | DAILY | TOTAL | DAILY |
12/12/2011 | 1651 | 395 | ||
12/13/2011 | 2184 | 533 | 1169 | 774 |
12/14/2011 | 2601 | 417 | 2073 | 904 |
12/15/2011 | 2943 | 342 | 2464 | 391 |
12/16/2011 | 3265 | 322 | 2911 | 447 |
12/17/2011 | 3739 | 474 | 3375 | 464 |
GRAND TOTAL: 7,123 includes 7 German sales, 1 in France and 1 Spain.
What I'm most happy with is this – pulled off the website as of today (12/27/11).
This is the one from the 18th - isn't it cool?
This is the one from the 18th - isn't it cool?
- UK Amazon Bestsellers Rank: #341 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
- #1 in Books > Fiction > Erotic > Adult Fiction
- #5 in Kindle Store > Books > Fiction > Romance > Romantic Suspense
- #5 in Books > Fiction > Romance > Thrillers & Suspense
This is the UK AMAZON listing for "Let's Do Lunch" which I put on the Kindle Select Program and then free for 5 days, ending Saturday.
The book was dead - I gave away 7.5k in a week. At the time of this writing the chart looks like this:
The book was dead - I gave away 7.5k in a week. At the time of this writing the chart looks like this:
UK Amazon Bestsellers Rank:
#2,615 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
#13 in Books > Fiction > Erotica > Adult Fiction
#24 in Kindle Store > Books > Fiction > Romance > Romantic Suspense
#26 in Books > Fiction > Romance > Thrillers & Suspense
The UK sales don't have a pattern yet, the average is 28 over 10 days.
The point is – for the US this is a sustainable level of sales. I'm off the mulch layer in to the 20k to 30k rank. I think the book can hold its own until the 'Swallow the Moon' paperback is ready to go.
The Halo Effect* – has it kicked in?
No.
There are no sales for "Impressive Bravado" (which is free just about everywhere) and "Swallow the Moon" (which is being pulled from all markets.)
I know these aren't halo sales because they were in the US, not the UK. I offered 'Swallow the Moon' free on Smashwords – got 1 d/l and 2 sales on Amazon US.
I'm doing some tweeting to let people know the books are out there. But, frankly, I'm not reaching anyone new, they've all seen this 100 times.
Is this a fluke?
No, my fellow Goodreads, Robust Group writers are having the same stunning results. Scales are different – Children's books and YA appears to hold strong after the free period ends. We are still waiting to see what happens for Dakota Franklin and Andrew McCoy.
Of course, now the BIG Boys have dropped in to play, Konrath and Crouch are offering free titles, possible through the same program. However, with their low prices, I don't think they are going to get a lot of borrows. Their sales will likely skyrocket…in their genre.
I have no fear they will take sales from my Romantic Suspense novel. (giggles)
How will this be paid?
Amazon Says:
"Your share of the Kindle Owners' Lending Library Fund is calculated based on a share of the total number of qualified borrows of all participating KDP titles. For example, if the monthly fund amount is $500,000 and the total qualified borrows of all participating KDP titles is 100,000 in December and if your book was borrowed 1,500 times, you will earn 1.5% (1,500/100,000 = 1.5%), or $7,500 in December."
My 18 borrows aren't going to pay that much. I'm looking a few dollars at best. I'm happy to had this chance to revive my dead book.
Amazon has been busting their butts to make it worthwhile for writer's to switch over, and we have flocked to their banner. They made early payments in December so authors could have money for Christmas.
That was a HUGE gesture of goodwill.
HAPPY NEW YEAR!
This should be interesting.
(Updated 1/8/12)