Such a simple question: Why would anyone limit their sales to only one bookstore?
Just recently, Amanda Hocking said, ”According to my 1099s, nearly 40% of the money I made in royalties came from Barnes & Noble…. To clarify: All my royalties from 2011 were from ebook sales. Roughly 38% for Nook, 59% Kindle. The rest were iBook & Kobo & Sony.” Hocking advised, “It’s important to remember that Amazon may be big but it’s not the only the book seller in town.”
Thank you, Amanda.
In my very informal survey of talking with people and having many of you give me your results from Kindle Select, the trend is 3 to 1 against, which means nothing I know. The ones who did have success seem to swear by it. The ones who did not see any difference are indifferent for the most part. No great emotions against it. There are so many thousands of factors as to why a book would work or not work (you know, like quality story-telling and a great cover and blurb), it’s foolish for me to even try to get results. But it was fun getting feedback on it and I want to thank you who did send your experiences. Very much appreciated.
My opinion still stands. And it is only my opinion.
Except in rare circumstances, I do not believe the return from limiting a market to one bookstore is worth the return value, both in the short run and the long run.
But in some instances, it might be worth the shot, but those circumstances are rare. Of the 240 titles WMG Publishing now has available, we finally found one that might be suited for Kindle Select. And we had to put that one together to even get that. If we try it, I will explain later in another post and give results, if there are any real ones.
If you have under ten titles up, why bother? My opinion is build your writing, not some foolish attempt to build an audience for work you have not yet produced. Sort of the horse ahead of the cart kind of thinking.
But that is all my opinion and except for Amanda Hocking’s facts and WMG Publishing facts, which almost mirror Hocking’s numbers in percentages, with Apple being slightly higher, I have nothing to base my opinion on.