How am I doing?

I’ve spent several hours collating stats only to come to the conclusion that I cannot compare like with like due to the many changes Amazon have made in the last few years. 

In 2011 books were sold and we authors received a royalty. In December of that year, the first change appeared - books were either sold or borrowed. By the end of June 2014 we had the introduction of KU/KOLL units. I understood that KU stood for Kindle Unlimited, but I was never sure what KOLL stood for. (Now I know it is Kindle Owners Lending Library)

By July 2015 we saw the introduction of “Net Units Sold or KENP Eead.” Otherwise explained as:  Net Units Sold or Kindle Edition Normalized Pages (KENP) Read. According to Amazon people bought books but never read them, so this was an attempt to pay only on pages read in an effort, so they said, to weed out the dross that was self-published. 

When KU came in, KENP made some kind of sense. Members of KU didn't buy the book, but "borrowed" it, so no royalty accrued to authors. KENP means that for every page read the author is paid a tiny amount, something like 0.0016 of a penny. On a 400 page book that would amount to 64p. It was as much, sometimes more, than the original royalty payment on low-priced fiction. 

So far, KENP Read is still holding. The only way I can see that I might be able to tell if I am doing better or worse is by tracking the money. Is the money that comes to me via KENP pages read better, worse or equivalent to my payments back in 2011? Who knows? Looks like another few hours doing stats. Even then,  other things have moved and changed since those days, so I won’t ever be certain whatever the stats tell me.

Scammers

Any author publishing via Amazon's Kindle needs to be aware of what is going on in Kindle world. By pure chance I picked up this info by finding a link to a blog I have not read before, but will from now on.

The link is here. It is a very long article, with important links at the end of it. Basically it is all about how people are cheating the Kindle Unlimited system and earning lots of money with nasty tricks. Sometimes I think ignorance is bliss, but not in this case - it's as well to know what is going on even if you decide to do nothing about it.

Battle lines

Kindle Unlimited (KU) attracted negative press coverage 

as indie authors saw what was happening to their sales. The general bad feeling floating around on the internet since Kindle Unlimited’s launch finally made it to the front page of the New York Times last Sunday“If you’re not an author with a slavish fan following, you’re in a lot of trouble” according to self-published author Bob Mayer “Everyone already has a ton of things on their Kindle they haven’t opened".

“What is now being proven is that market is not infinitely elastic,” publishing industry consultant Mike Shatzkin wrote on his blog on New Year’s Eve. “It seems likely that the low-priced indie authors are disproportionately affected by KU. Who bought indie author ebooks in the first place? The price-sensitive reader! Who switches from buying individual ebooks to the subscription service first? The price-sensitive reader! In other words, the subscription service offering appeals most to the same audience as those who read indie-published ebooks.”

Meanwhile, Nate Hoffelder at The Digital Reader wondered whether ebook subscription services are only a problem for indie authors or whether they will be a problem for traditional publishers as well. Of course, one of the main reasons that publishers feared ebook subscriptions in the first place was that they worried such services would cannibalize individual paid sales.  

Like all the other self-published authors, I noticed my sales were dwindling and there were few KU payments to compensate. So I unchecked the box that allows my titles to be read by Kindle Unlimited subscribers, only to find that it will take 90 days to become effective. And, of course, I was only 4 days into the next 90 days period, so I can look forward to poor sales until March. 

If Amazon continues to favour the reader over the author, one wonders what will happen down the line. Authors will no doubt pull out of Amazon altogether. There are other places to self-publish. As long as readers seek the cheapest form of reading, they will continue to use Amazon - until the stock available becomes so mediocre they too will go elsewhere.



 

Complaints about Kindle Unlimited

Best selling American writer H M Ward has something to say about Kindle Unlimited.

"Ok, some of you already know, but I had my serials in it for 60 days and lost approx 75% of my income. Thats counting borrows and bonuses. My sales dropped like a stone. The number of borrows was higher than sales. They didn't compliment each other, as expected.

Taking a huge ass pay cut while I'm still working my butt off, well that's not ok. And KU effected my whole list, not just KU titles. At the time of enrollment I had about 60 titles total.

I planned on giving it 90 days, but I have a kid in the hospital for long term care and I noticed my spending was going to exceed my income-by a lot. I couldn't wait and watch thing plummet further. I pulled my books. That was on Nov 1, & since then my net revenue has gone up. I'm now at 50% of where I was pre-KU. During the time I was in KU, I had 2 new releases. Neither preformed vastly different than before. They actually earned far less (including borrows).

This model needs to be changed for it to work. Authors shouldn't be paid lottery style. For this system to work we need a flat rate for borrows, borrowed or not borrowed (not this 10% crap), and it needs to be win win for the reader AND the writer. That is the crux of the matter.

Id like to see Amazon create something new, something better instead of falling in step with Scribd and Oyster.

Example: subscribe to an AUTHOR. Easy, clear. When Author X has a new book it automatically gets sent to your kindle, & the card provided is charged.

As a reader, I'd want that. As a writer, I'd want that.

Amazon, stop following other companies and break the mold.

Ok, I'm done ranting. Back to writing."

I'd notice my sales have gone way down since Kindle Unlimited appeared on the scene, but thought there could be many causes for this. It is reassuring to see other top-selling authors complaining about the same thing. And complaining they are!

Here's a link all independent authors using Amazon should read.
http://www.kboards.com/index.php/topic,202571.0/all.html

There's also a link to this article on the new blog Passive Voice over to the right hand side of this blog.