About two months after the official launch of Kindle Unlimited in the United States, service unlimited digital readings against Amazon subscription Publishing Technology gave an initial assessment, with numbers more or less risky, but interesting nonetheless, early this September. It is centered mainly on the impact this could have on offer emerging profits autopubliés authors through Kindle Direct Publishing program. Writers, now first in line.
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Independent authors and other autopubliés be early indicators of the impact of introducing the new Amazon offers. And because the self-publishing now weigh about 85% of the catalog Kindle Unlimited. They argue the program alone. This is explained partly by the fact that the big publishers have not yet signed up for their publications include the service, and others because the company Jeff Bezos automatically enrolled Kindle Direct Publishing Authors , exclusives Amazon Kindle Unlimited catalog.
Also in the industry, other players must negotiate their pace. Anyway, these authors autopubliés KDP were lured by Amazon, which made them sparkle behind the generous royalty rate of 70% of their sales of ebooks, in exchange for exclusivity. But now that the fee could eventually moving under their noses if their readers were to massively subscribe to the new service to which they are being used as stooges.
As part of the offer Kindle Unlimited, as well as in the loan service digital Kindle Owners Lending Library, the profits of the authors are to be calculated according to a pot to share. Good or bad news for these authors KDP? It all depends on Amazon’s willingness to continue or not, ultimately, average charges reasonable in ebook consumption. This will also depend on the pricing of digital books concerned. Not to mention the nature of contracts that Amazon offers independent publishers and other horizons.
KDP and bonus Jackpot launch indicators of success?
Two months after launch, the unlimited supply would seduces her readership. In attest two upward revisions, successive, the prize pool fee. However Amazon did not disclose specific figures regarding the payment of the authors. The company first announced its KDP authors extend the monthly piggy bank that is dedicated to them, increasing it from 2 to 2.5 million, as a bonus to launch Unlimited.
Each time a song is downloaded and that more than 10% of its content is read, its author wins right to its share of royalties. For the month of July are exceptionally paid all open books, even if it was only to see the page. Another “gift” which will lead to Amazon to add 285,000 dollars to that kitty.
But according Publishing Technology 2 million originally announced would include $ 1.2 million that was already allocated to autopubliés, as payment for their contribution to the loan service Kindle Owners Lending Library. Specifically, Amazon has carefully offered $ 800,000 booty before increasing by twice setting. Sign that the successful launch has probably exceeded initial expectations of the firm.
Valuation ladle gains KDP authors, launching
Publishing Technology went there to be calculated, approximate, based on information gleaned from some authors autopubliés KDP, those who openly communicated about their earnings via internet. To do this, the provider of content will compare the data collected in the months of June, July figures, first month of service for Kindle Unlimited.
The estimate will be noted for the month of June: $ 1.2 million prize pool, 533 loans of ebooks, which would correspond to an average charge of $ 2.25 per loan . The following month, with the effect Unlimited, the report shows. 2,785,000 worth of loot for 1,547,222 loan, which would amount to a lower average return of 1.80 per dollar loan
If the company Jeff Bezos had not raised twice this piggy bank dedicated to autopubliés, and assuming that the figures are representative, this fee average consumed title could plummet to around $ 1.30. Via this system of compensation; it seems that the higher the number of downloads is important and the average compensation could be diminished.
However, these figures also suggest that the mass download increased substantially. Also, the authors KDP are not fundamentally change losers. In practice, this will depend on the ratio between their ordinary selling price and the average variable charge. Writers selling their books at low prices will be more optimistic.
For the month of August, the jackpot would have been revised the decrease in the amount of $ 2 million all round. Amazon will possibly found part of his clients, who tested the Unlimited service at launch, would not remain faithful, or at least the number of new subscribers will be less. Remains to be seen if such a trend continues, or if the firm Bezos fit again his piggy bank based on business done.
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