Last month I wrote a long rambling post about my experience with Amazon's Kindle Unlimited.
So to update that for the second month of sales.
Last month I reported that the per unit payout for each title was $1.52. And that the Global Fund was 3 million dollars.
This month, well, for October sales as reported today. The payout per unit was $1.33. Now this is where I get lost. The reported Global fund for October was again 3 million. But after my sales data was released I found an email stating that because of the huge success of KU they've added an additional 2.5 million to the October Global fund.............so if it went up 2.5 mil then why did unit prices go down?
More books added would account for this, yes....but what would the payout have been if they hadn't upped the fund?
Now for sales numbers. I sold over 4k KU units. A large portion of that was at 99 cents regular price. Which means I was able to offer my books to regular buyers for a substantial discount and still make 98 cents more than I would have in regular sales?
Okay let me explain that.
A 99 cent book at regular sales earns a 35 cent straight royalty. And that's exactly what the books that sold at regular price earned. 35 cents per copy. While those same books "purchased" through Kindle Unlimited earned me $1.35.
On the other hand, those books that were listed at regular prices would have earned me more than $2 each depending on the price.
I have one month left on four books and two left on the rest. I'll make the decision in those months whether to continue on or to remove them from the service.
Now the thing is, I've received many letters this month letting me know that I was found through KU and I can't dispute the nearly triple the sales per book title. While at the same time the increased visibility is driving real money sales upward as well.
Again this is not meant to advocate for or against KU it's just facts stated as best I can.
And I guess that I should add a disclaimer: Results will vary. Not everyone has the same sales. And please don't base your sales off mine. As with everything, it's subjective.
Hope you are all staying warm, and wishing you happy sales.
I decided to do a cover refresh for the third anniversary of Cold. That's all. Just a new cover. Coming one day soon.
So in the meantime I've removed the print book from sale at all venues. And am offering the last seven copies that I have on hand up for sale.
Signed! Personalized signed!
Includes shipping to US addresses.
I'm not sure if I'm going to offer the new cover in print soooo....if you'd like the last print copies act now. Just click the paypal buy link below.