Kindle Unlimited
KDP Select historically paid approximately $2 per Amazon Prime borrow.
Kindle Unlimited allows customers to download multiple books, whereas Amazon Prime used to allow only one borrow per customer.
Also, Kindle Unlimited readers don’t need to read their books on a Kindle device.
So there was much concern that Kindle Unlimited may pay much less than the usual $2 per borrow.
Well, the results are in, and Kindle Unlimited paid $1.805 per download/borrow.
Three factors helped out:
- Amazon added $800,000 to the July, 2014 KOLL fund, bringing the total to $2 million for the month.
- Then Amazon added another $785,000, bringing the KOLL fund up to $2,875,000 for July, 2014. That’s more than double the usual fund.
- Customers had to reach the 10% mark of the book before authors would receive royalties for Kindle Unlimited downloads.
The August, 2014 KOLL fund will again be $2 million.
Although July was a partial month, it also received a big boost of activity as the program was new and many customers were trying it out and using their free trial periods.
Update: In August and September KOLL paid $1.54 and $1.52, respectively; while in October, it paid $1.33. It’s up to $1.39 for November, 2014 and $1.43 in December.
I had been predicting significantly less, yet I’m very happy to have been wrong. 🙂
Chris McMullen
Copyright © 2014 Chris McMullen, Author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers
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- Volume 2 on marketability and marketing
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Reblogged this on theowlladyblog.
Thank you. 🙂
Again, good to know – thanks for locating the information and putting it here.
Sharing my excitement, as I had been prepared for it to pay much less. 🙂
Seems a lot lower now for August KU/KOLL combination royalties at $1.53 per download 😦
That’s true, even after they added another 2.7M. There is still the hope that the effect of new free trial months will soon wear off. Keeping my fingers crossed.