Kindle Unlimited Per Page Rate for March, 2018

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KINDLE UNLIMITED PAGES READ FOR MARCH, 2018

In March, 2018 the Kindle Unlimited per-page rate was $0.00449.

That’s nearly identical to what it was for January, 2018 ($0.00448), but down a little compared to February, 2018 ($0.00466).

The per-page rate is showing relative stability at the beginning of 2018.

The KDP Select Global Fund reached a record high of $21 million for March, 2018, a nice rise from February, 2018 ($20 million), and slightly higher than January, 2018 ($20.9 million).

 

Write happy, be happy. 🙂

Copyright © 2018

Chris McMullen

Kindle Unlimited Bounce Back, February, 2018

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KINDLE UNLIMITED KENP READ FOR FEBRUARY, 2018

The Kindle Unlimited per-page rate rebounded to $0.00466 for February, 2018 after having dropped down to $0.00448 for January, 2018.

The KDP Select Global Fund for February, 2018 is $20 million. Although this is a drop from January’s $20.9 million, it’s still the second best payout ever.

I look at the $20,000,000 per month and see a significant market for Kindle eBooks borrowed and read through Kindle Unlimited (and Amazon Prime).

Write happy, be happy. 🙂

Copyright © 2018

Chris McMullen

Kindle Unlimited Per-Page Rate Continues to Rise (November, 2017)

KINDLE UNLIMITED PER-PAGE RATE, NOVEMBER, 2017

Through July, 2017, the Kindle Unlimited per-page rate had been spiraling downward.

But Amazon introduced KENPC v3.0 before it could drop below $0.004 per page.

The per-page rate has steadily climbed since.

  • November: $0.00463 per page
  • October: $0.00456 per page
  • September: $0.00443 per page
  • August: $0.00419 per page
  • July: $0.00403 per page

The KDP Select Global Fund also hit a new record high.

  • November: $19.8 million
  • October: $19.7 million
  • September: $19.5 million
  • August: $19.4 million
  • July: $19.0 million
  • June: $18.0 million

It’s nice to see the per-page rate rising alongside the KDP Select Global Fund.

However, at some point the per-page rate will reach a plateau, whereas the KDP Select Global Fund has risen steadily for years.

I remember the days when the KDP Select Global Fund was below $10M. I remember the people who claimed that $10M would just be the gravy to entice authors into KDP Select, and that it would surely drop once it got settled. But it’s since doubled, continuing to rise.

I also remember every time the Kindle Unlimited rate dropped to near $0.004 per page several people crying the end of the world, that it would drop below $o.004 and never return. But yet again it has bounced back.

The Kindle Unlimited per-page rate is a bit of a roller coaster ride with peaks and valleys. After it peaks and drops a bit, try not to panic. 🙂

Overall, the KDP Select per-page rate has experienced relative stability between $0.004 and $0.005 (occasionally rising slightly over $0.005).

Copyright © 2017

Chris McMullen

Kindle Unlimited Back Above Half a Penny Per Page

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Image from ShutterStock.

KINDLE UNLIMITED

I remember, many months ago, when the Kindle Unlimited per-page rate first dropped below half a penny per page. This was early after the switch to paying for pages read.

There were many prophecies that it would continue to plunge deeper and deeper and would soon be worthless.

Yet many months later, it has again exceeded half a penny per page (though barely). Not only that, the KENP read rate has held fairly steady for eight months.

All the while, the KDP Select Global Fund has climbed up to $16.2 million, though it had been several million lower when the transition to pages read was made.

Both are signs that Kindle Unlimited is thriving.

Update:  If you’re looking for the exact figure, it is $0.005189724 per KENP read.

Chris McMullen

Copyright © 2016

Kindle Unlimited vs. the Naysayers #PoweredByIndie

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Images from ShutterStock

KINDLE UNLIMITED: CURRENT STATUS

Back in January, Kindle Unlimited had taken a little dip (which happens every holiday season), and the naysayer propaganda was in full force.

It’s now October. For the year 2016, Kindle Unlimited has beaten the propaganda.

  • Paying $0.00497 per KENP page read for September, Kindle Unlimited has been amazingly stable since February.  That’s 8 months strong.
  • Presently at a relative high of nearly half a penny per Kindle page read, the payout hasn’t suffered the continual drop that had been predicted. There have been some pleasant jumps, and not just with the September payout.
  • Here’s another cool fact: There are now 1.4 million books enrolled in Kindle Unlimited. There were 860,000 books enrolled in February, 2015.  That’s an increase of over half a million books in 1.5 years (a 60% increase). Remember all the stories about indie authors running for the hills? The data shows otherwise.
  • My favorite number is $15.9 million. That’s the KDP Select Global Fund for September, 2016, another of many record highs. Amazon continues to pay more and more money in Kindle Unlimited royalties. Amazon will pay close to $200,000,000 in royalties for Kindle Unlimited and Amazon Prime borrows for the year 2016 (that’s aside from the royalties for the sales of those books; we’re just talking borrows), and that’s in addition to what they pay for All-Star bonuses (that’s right, the All-Star bonus isn’t taken out of the Global Fund, it’s paid in addition to it; I asked KDP about this specific point).

$200 million in royalties for Kindle Unlimited pages read in one year: That’s a significant share of the e-book market, and a rather indie-friendly share, too.

The continued rise in the KDP Select Global Fund and a fairly stable payout of just under a half-penny per page (though it will probably take its usual dip in December and January, and then likely return next February) suggest that the Kindle Unlimited customer base continues to grow. A great sign.

With 1.4 million books to choose from, with nearly 50,000 added just in the last 30 days, there is also growing competition for this customer base. The way to deal with the increased competition is to keep writing, try to write better, and try to improve your marketing skills. Competition is a good sign. It helps to bring in more customers, and it shows that this market is worth competing for. Good writing and marketable ideas help to provide good long-term prospects.

Celebrate Great Indie Writing with the #PoweredByIndie Hashtag in October, 2016

You can find some great indie writing in Kindle Unlimited, for example.

Many of those 1.4 million books were self-published. There are 100,000 or so traditionally published books in the mix, too; it’s not exclusive to self-publishing. But indie authors have really helped to make Kindle Unlimited strong enough to attract and grow a significant customer base.

Kindle Unlimited, in a strong way, really is #PoweredByIndie. But we must also give credit to Harry Potter, Hunger Games, Amazon’s imprints, and other great titles, too, to help attract customers. It’s great writing that attracts customers, regardless of how it is published.

Strive for great writing and good things are bound to happen.

Chris McMullen

Copyright © 2016

Chris McMullen, Author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers

Click here to view my Goodreads author page.

  • Volume 1 on formatting and publishing
  • Volume 2 on marketability and marketing
  • 4-in-1 Boxed set includes both volumes and more
  • Kindle Formatting Magic (coming soon)

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Kindle Unlimited Pages Read: March, 2016

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KINDLE UNLIMITED PAGES READ: MARCH, 2016

The Kindle Unlimited per-page rate held steady at $0.00477885 for March, 2016. It’s nearly identical to the $0.00479 for February, 2016.

Both February and March are up considerably (about 17%) over January’s rate of $0.00411.

So it’s nice to see the per-page rate hold steady at about $0.0048 per page.

There is more good news: The KDP Select Global Fund increased to $14.9M for March, 2016, up 6% from February’s $14M.

This combination is a good sign. Ordinarily, the Global Fund increases when the per-page rate decreases, and the Global Fund decreases when the per-page rate increases. The per-page rate and Global Fund usually exhibit inverse behavior, as shown here.

This time, the per-page rate held steady while the Global Fund increased 6%. Amazon paid $900,000 more in March compared to February, and they paid it at the same per-page rate.

What does this mean? It means that more pages were read in March, and Amazon didn’t reduce the per-page rate to compensate. It’s probably a sign of more Kindle Unlimited subscriptions.

With KDP Select books earning $14.9M in royalties per month just from Kindle Unlimited and Amazon Prime borrows, it’s clear that Kindle Unlimited has become a huge market. Any book not enrolled in KDP Select is missing out on this $15M per month market share, and needs to make up the difference through other venues. Not an easy task, though sales and even borrows usually don’t come easily.

The Kindle Unlimited market itself is highly competitive, with 1.3M books vying for a share of the approximately $15M monthly Global Fund. (But vying against 1.3M books for a slice of $15M is better than vying against 4.4M e-books for sales. The market for sales is much tougher than the market for borrows. The borrows actually help with potential sales, as each borrow helps sales rank.)

This means the average KDP Select book earns about $11 per month from borrows ($15M divided by 1.3M books), though hardly any books actually draw in this exact average. The top books, the KDP Select All-Stars, see a million or more pages read in many cases.

If your book gets over 2300 pages read per month, it’s doing better than the average KDP Select book. (That’s how many pages read it takes to earn the average $11 per month.)

A few other countries:

  • United Kingdom: ÂŁ0.00303 per page (British pounds). Almost identical to February.
  • Canada: $0.0047 per page (Canadian dollars).
  • India: â‚ą0.1 per page (Indian rupees).

Write happy, be happy. 🙂

Chris McMullen

Copyright © 2016

Chris McMullen, Author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers

Click here to view my Goodreads author page.

  • Volume 1 on formatting and publishing
  • Volume 2 on marketability and marketing
  • 4-in-1 Boxed set includes both volumes and more
  • Kindle Formatting Magic (coming soon)

Follow me at WordPress, find my author page on Facebook, or connect with me through Twitter.

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What I Love about Amazon Marketing Services (AMS) via KDP

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AMAZON MARKETING SERVICES FOR KDP

My post will include both the benefits and challenges of using Amazon Marketing Services (AMS) to advertise Kindle e-books.

I don’t intend for my title to imply that it will give instant success to all books. It won’t.

I will begin with what I like about AMS—for which there is much—and then I will address some of the challenges and offer tips for attempting to use it effectively.

A few years before AMS was introduced to KDP, I had discovered the Amazon Media Group. Many big vendors for a wide variety of products have used and continue to use the Amazon Media Group’s advertising services.

I had a conversation with the Amazon Media Group about their advertising services several years ago about possibly running an advertising campaign for one or more of my books.

This was before indie authors had the opportunity to advertise directly on Amazon using AMS via KDP Select.

The problem was that the minimum campaign budget was $10,000. If I recall correctly, an ad would generate 10,000,000 impressions over the course of a month.

If you achieved a typical click-through rate (ctr) of 0.1%, you would net 10,000 visitors to your product page. If you achieved a better than average closing rate of 10%, you would net 1000 sales.

But then you would need to earn $10 per sale just to break even.

And if your ctr was below average, or if your closing rate was 1% to 5%, which isn’t uncommon for e-books, and if your royalty was around $2 to $3 per book, you could easily lose thousands of dollars on the deal.

I didn’t place an ad back then because it was very high risk. I’ve since heard stories of a few authors who shelled out the big bucks for a campaign back in those days who lost big.

That’s one reason I love the AMS option for Kindle e-books.

A minimum campaign budget of $100 is tiny compared to $10,000. AMS made advertising accessible to KDP authors. (It used to be just for KDP Select, but now it’s for all Kindle e-books.)

It’s much lower risk now. It basically wasn’t an option before, as most authors didn’t know about it and those who did generally couldn’t afford it (even if they had the funds, the risk was high).

And you don’t even have to spend the $100 budget. You can pause or terminate your campaign at any time, keeping any losses to a minimum. (Though there are reporting delays, so even after you end a campaign, for several days it can continue to accrue costs. By not bidding too high, you minimize this risk.)

Every author naturally wonders if advertising will help. Now by publishing an e-book with KDP, you can find out, and it doesn’t cost too much to see the results (provided that you don’t get impatient and bid too high). Then you won’t have to wonder if advertising is the answer you’ve been searching for: You’ll know firsthand.

Here’s another thing I love about AMS.

You can advertise your Kindle e-book right on Amazon itself.

That’s prime real estate.

People who see your ad are already at Amazon, shopping for products, with their wallets out, ready to make a purchase.

When you advertise your book anywhere else, your ad is basically asking people to stop whatever they are presently doing, leave the website they’re currently at, and visit Amazon to shop for a book.

For several years, indie authors have pleaded for a reasonably priced advertising option at Amazon.

Well, here it is.

What AMS is and what it isn’t.

Advertising with AMS via KDP is an opportunity. It’s a tool.

Like the opportunity to self-publish on Amazon itself, and like all other marketing tools, some authors and some books will utilize it more effectively than others.

It will work well for some books, okay for some books, and poorly for others.

What AMS isn’t:

  • It’s not a magic genie.
  • It won’t yield instant success for each and every book. (But for some books it will help.)
  • It probably isn’t the solution for a book that hasn’t been selling on its own. (But you sure can find out.)
  • It’s not guaranteed to provide a positive return on investment (ROI).

If AMS were guaranteed to yield 100% ROI, every author would use it, and then we might as well wrap up every customer in the world with wallpaper packed with Amazon ads.

Using AMS effectively comes with some challenges.

AMS won’t bring instant, automatic success to most books.

But for many books, there exists some beneficial way to use it effectively.

Here are the challenges:

  • Landing a decent impression rate when many other authors are also running ads for similar books.
  • Not bidding more than you can afford to bid.
  • Getting a strong conversion rate.
  • Earning a positive return on investment (ROI).

Too many authors don’t use AMS as effectively as they could:

  • Blindly using KDP’s recommended bid, which is fairly high.
  • Impatiently raising the bid.
  • Not running enough controlled experiments to learn how to optimize the variables.
  • Not using enough creativity with targeting methods.
  • Bidding more than they can afford to bid.
  • Not being content with a low impression rate, if that’s all you can afford and manage to get out of it.

I see many authors make one or more of these mistakes, and then terminate their campaigns.

But you don’t need to terminate your campaign. Your last resort is to greatly reduce your bid and accept whatever impression rate you can afford, even if it’s meager. It may not be what you want, but if it doesn’t yield a negative ROI, even rare impressions are better than nothing, and you only pay for clicks.

On top of this, your ad is competing against authors who have a distinct advantage:

  • Series authors have the potential to generate multiple sales from a single click. They can afford to bid higher, banking on those future sales.
  • Authors with several similar books also have the potential for multiple sales. They can also afford to bid higher.
  • Successful authors know they will have ample royalties from regular sales even if the ad performs poorly. They are playing with the house’s money, so to speak.
  • Some authors use advertising for other purposes besides immediate profits. They might bid higher, not minding a short-term loss, with their sights set on branding or building an initial fan base.

And then your ad also competes against newbie authors who don’t have an advertising advantage, but who bid much higher than they should.

Here are suggestions for how to optimize AMS advertisements.

My first tips are:

  • Be very, very patient.
  • Bid very low to begin with.
  • Always wait a few days before raising your bid to allow for possible reporting delays. Even better, wait a week.
  • Only raise your bid very slightly. I’m talking pennies.
  • Don’t be in a hurry. Waiting diminishes your risk, and makes it easier to assess what may or may not be working.
  • Run multiple campaigns for the same book.* With one campaign, use narrow targeting where customers are very likely to be interested in your book. In an experimental campaign, try to be a little more creative with your targeting, thinking of other kinds of books or non-book products which are likely to appeal to your target audience.**
  • Your bid isn’t the only factor, or necessarily the most important factor, in landing impressions. Amazon measures ad performance. Good targeting and product page appeal can improve your ad performance. If you get a strong initial click rate, your ad can generate more impressions at a lower bid. This is one reason that raising the bid often isn’t the solution. Instead, you should strive to improve your targeting and improve your product page to help improve on ad performance metrics.

* Don’t worry: Your campaigns won’t bid against one another. Any campaigns on your KDP account won’t bid against any other campaigns on your same KDP account.

** Beware though that if the targeting isn’t relevant enough, if you get fewer than about 1 click per 2000 impressions, your campaign is likely to be stopped by Amazon. This doesn’t mean you can’t explore though.

Following are some more tips:

  • Don’t use ellipsis (…) or hyphens (-), for example, in your advertising phrase as these might be considered grammatical errors (!), preventing your ad from displaying on Kindle devices.
  • Read your ad approval email carefully, just in case there are any notes about your ad not being displayed on certain devices.
  • Experiment by running additional ad campaigns. Explore your targeting options. Analyze your data. Try to find the magic combination that will help you learn how to advertise more effectively.
  • If you’re getting fewer than 1 click per 2000 impressions, it probably means that either your targeting isn’t a good fit for your book or you cover isn’t attracting your target audience. Challenge yourself to improve your click-through rate. Although you don’t pay for impressions, this is a sign that your ad could perform better.
  • If you’re getting fewer than 1 sale per 20 clicks, it probably means that either your product page doesn’t match customers’ expectations based on your cover or advertising phrase, or that your product page isn’t closing the deal as effectively as it could. Maybe it’s the blurb or the Look Inside, for example. Challenge yourself to make your product page more effective.
  • If your impression rate is very slow for a couple of weeks, it could be a sign of poor scoring on ad performance metrics. If your initial click rate is low, try pausing the ad and running a new one in its place. But it could also mean that you should try to improve your targeting relevance or improve your cover or product page appeal or keywords or categories. You have so many variables to play with, it can take a while to learn how to optimize them.
  • You could have a higher ROI than you realize. The ad report currently doesn’t show Kindle Unlimited borrows or paperback sales. Customers may also buy other of your books in the future. If you can just break even, approximately, it will probably be worth it in the long run.
  • You don’t have to spend the whole $100 minimum budget. You can pause or terminate your ad at any time. If you’re losing money with your ad, don’t be afraid to stop it. But realize that due to reporting delays, you may continue to accrue clicks for several days after stopping your ad. The lower your bid, the less your risk. (If you bid very high, you can blow your whole budget long before it shows in your ad report. Another reason to bid low and exercise patience.)
  • Note that you can now copy an ad to preserve your original targeting when placing a new ad.
  • Avoid pausing or terminating an ad that’s performing well. An ad that’s generating good results has a high score on ad performance, and it’s hard to rebuild that ad performance. If things are going well, don’t touch your ad with a ten-foot pole. Well, you should edit the end date as needed so that the ad doesn’t expire.
  • Note that product targeting doesn’t actually target the products that you select. Rather, it targets customers who have browsed for similar products in the past. So if you target sci-fi books, your ad could show up on a romance page. If so, it means that the customer has viewed both romance and sci-fi books (at least once) in the past. Still, by targeting sci-fi books, your ad is being shown to customers who have viewed other sci-fi books in the past.

What do I know about advertising through AMS?

How do I know? Fair question:

  • I have placed over 100 ads through AMS via KDP over the past 14 months.
  • It took me a few dozen tries to get it to really work, but overall my last 70 ads have done well on average.
  • One ad has generated over 6,000,000 impressions and 3,000 clicks at an average cost of $0.28 per click.
  • I have several ads (more than 25) which each have accumulated over 1,000,000 impressions.
  • Overall, AMS has worked very well for me.

This doesn’t mean that you will have instant success with advertising. I’ve tried to share tips that I’ve learned from my experience, but you will likely need some experience of your own.

There is something to gain no matter what.

Even if your ad loses money:

  • You get information about what percentage of visitors to your product page actually make a purchase. This is valuable information. 10% is well above average. Strive for that. At around 5% or below, you know firsthand that your product page has room for improvement. Knowing that the best covers, blurbs, and Look Insides can close 10% of the time gives you a lofty target.
  • You discover that advertising wasn’t the magic answer you had been hoping for. At least you learned it’s something else. Is it your cover? blurb? Look Inside? Maybe the idea just isn’t marketable.
  • If you change your cover, blurb, or Look Inside, by running a new ad, you could invest a little money to get valuable data: You can find out whether or not the changes you made improve your closing rate (sales divided by clicks).
  • Although you should terminate an ad that’s losing money, you did get your cover and name out there, and you did get visitors to your product page. This is branding. You at least have hope for a few future sales. And if your ad drew in short-term sales, maybe a few of those customers will buy more of your books in the future, or even recommend your book to others. You gained some hope, if nothing else.

Advertising with AMS is relatively low risk, especially if you bid low and keep a close eye on your reports, prepared to exit early if need be.

Good luck!

Write happy, be happy. :-)

Chris McMullen

Copyright © 2016

Chris McMullen, Author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers

Click here to view my Goodreads author page.

  • Volume 1 on formatting and publishing
  • Volume 2 on marketability and marketing
  • 4-in-1 Boxed set includes both volumes and more
  • Kindle Formatting Magic (coming soon)

Follow me at WordPress, find my author page on Facebook, or connect with me through Twitter.

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Countdown Deals and KDP Select Free Promos: What’s the Current Status?

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Image from ShutterStock.

COUNTDOWN DEALS & KDP SELECT FREE PROMOS

WHAT’S THE VALUE IN 2016?

The effectiveness of Kindle Countdown Deals and free promos for e-books enrolled in KDP Select has changed over time.

In the beginning, when KDP Select free promos were first introduced, they were highly effective, often being grabbed by the thousands without any effort on the part of the author. But the success of unadvertised free promos dwindled quickly, as more and more authors began giving away their e-books away for free and as the perceived value diminished from the customer’s perspective. For a couple of years, free promos seemed to have a bad rap.

When the Kindle Countdown Deal came along, many authors who had previously used the KDP Select free promos switched to Countdown Deals. This actually helped in a couple of ways:

  • There were fewer free e-books on the market, since you can’t run a free promo during the same 90-day enrollment period in which you run a Countdown Deal.
  • Many authors raised their prices, so there were also fewer e-books priced at 99 cents and $1.99. You need a higher price point in order to take advantage of a Countdown Deal.

One consequence is that the KDP Select free promo became somewhat more effective. Fewer authors were complaining about free e-books, with fewer freebies on the market, and fewer customers were stockpiling more freebies than they could possibly read.

The free promo has never returned to its original effectiveness. In most cases, it’s not even close. But it has rebounded somewhat, and can be used effectively.

Neither the KDP Select free promo nor the Kindle Countdown Deal are likely to provide desirable results if unadvertised:

  • It can help greatly to get external promotion from BookBub, E-reader News Today, or one of the top e-book promotion sites. (BookBub is the one site where paying a hefty fee has reasonable potential. For other sites, I recommend free or very low cost, and doing research off-site before any investing.)
  • It can also help to gain free exposure from bloggers, fellow authors, or websites that share an audience similar to yours. (Here, I recommend free and organic.)

But you can find more value than just immediate sales.

For example, here are a couple of things that you can learn from running a Countdown Deal:

  • Are you considering a lower price point? Run an unadvertised Countdown Deal to test the waters. If you don’t earn more royalties during the period of the promotional price than you normally would, then you know that lowering the price isn’t the solution to your sales woes.
  • Does an Amazon Giveaway (now available to e-books from US product pages) or does AMS advertising help with short-term sales during a Countdown Deal? If you have data for a Countdown Deal where you didn’t run a giveaway or advertisement, this gives you the basis for comparison.

Sometimes, a KDP Select free promo or Countdown Deal might be geared toward branding your image as author or helping to build an initial fan base to the extent that you may be okay with a short-term loss, with your sights set toward long-term gains. (But you want to minimize any short-term losses, and you want to have effective long-term marketing in place, such a content-rich website that can generate hundreds of visitors per day after about 12 months. Otherwise, you may never recover your loss.)

Chris McMullen

Copyright © 2016

Chris McMullen, Author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers

Click here to view my Goodreads author page.

  • Volume 1 on formatting and publishing
  • Volume 2 on marketability and marketing
  • 4-in-1 Boxed set includes both volumes and more
  • Kindle Formatting Magic (coming soon)

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Kindle Unlimited KENP Read up 17%!

Kindle Unlimited up 17 percent

IMPROVEMENT IN KENP READ RATE

Here is some good news for KDP Select authors and for Kindle Unlimited subscribers (indirectly, since this good news for authors benefits the readers, too).

The KENP pages read rate rose up to $0.00479 per page in February, 2016 up from $0.00411 per page in January, 2016.

It’s not because there were 2 more days in January. (Being leap year, there were 29 days this February.) The ratio 29/31 would only account for less than half the difference.

We had two reasons to expect the KENP per-page rate to increase:

  • KENPC v2.0 began February 1, 2016, with a perceived decrease on average. A small reduction to the total number of KENP pages available to be read would result in a corresponding increase in the per-page rate.
  • January, 2016 appeared to reflect holiday traffic. It’s typical for some of that holiday traffic to taper somewhat. The per-page rate dipped a bit in the holidays with a high volume of pages read, and the per-page rate rose back up following the holidays.

Regardless of the reason, and regardless of how long this lasts, a 17% boost to the KENP per-page rate for Kindle Unlimited (and Amazon Prime) borrows is nice to see.

The KDP Select Global Fund dropped 6.7%, down to $14M in February, 2016 from $15M in January, 2016. This is probably due to a decrease in the overall volume of Kindle Unlimited pages read following the holiday season.

In other countries:

  • United Kingdom: ÂŁ0.00305 per page (British pounds). Up 16% from December’s ÂŁ0.00262.
  • France: €0.00474 per page (Euro).
  • Spain: €0.00474 per page (Euro).
  • Canada: $0.00499 per page (Canadian dollars).
  • India: â‚ą0.104 per page (Indian rupees).

Write happy, be happy. 🙂

Chris McMullen

Copyright © 2016

Chris McMullen, Author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers

Click here to view my Goodreads author page.

  • Volume 1 on formatting and publishing
  • Volume 2 on marketability and marketing
  • 4-in-1 Boxed set includes both volumes and more
  • Kindle Formatting Magic (coming soon)

Follow me at WordPress, find my author page on Facebook, or connect with me through Twitter.

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How Much Did Amazon Pay for Pages Read in July, 2015?

Image from ShutterStock.

Image from ShutterStock.

KENP: PAYMENT FOR PAGES READ

Amazon KDP is paying $0.005779 per page read for KDP Select books in July, 2015.

The payment for KENP is right on the money: almost exactly the expected $0.0058 per page read.

(The prediction came from the $11M KDP Select Global Fund divided by the 1.9B pages read in June, 2015.)

Here are a few examples of how to interpret the payout for KENP:

  • A book with a KENPC of 225 pages earns $1.30 when read to 100%. That’s what it takes to earn the same as in previous months. (But remember, a print book with 150 pages or so might have a KENPC of 225 pages. The way that a ‘page’ is defined is fairly generous, except for fixed-format books.)
  • A book with a KENPC of 100 pages earns $0.58 when read to 100%.
  • A book with a KENPC of 400 pages earns $2.31 when read to 100%.
  • A book with a KENPC of 700 pages earns $4.04 when read to 100%.
  • Just multiply your KENPC by 0.005779.

Of course, not all books are read to 100%.

The new payout appears to favor longer books, but only when you compare the new payout to the old payout.

If you forget how it used to be and ask yourself, “How long a book should I write?” it really doesn’t favor longer books. Whether you write 300 pages as a single book or 6 books, you get paid the same amount per page read.

The only difference between short and long books is reader engagement. In which case are you more likely to get more pages read?

Paying per page, the new system really favors reader engagement.

There were 1.9B pages read in June, 2015, which led to a prediction of $0.0058 per page, and now in July we find that the actual payout is almost identical to the prediction.

What does this mean?

  • Evidently, there wasn’t much abuse of the new system (or most of the attempts were caught red-handed). The old system suffered from ways to abuse the system, whereas the new system requires actually reading pages (and Amazon can surely catch attempts to fool the system). If there were significant abuse, the payout should have been significantly affected, but it wasn’t.
  • The coming months will tell, but I take this as a positive indicator. Authors now expect to earn approximately $0.0058 per page when they enroll their books in KDP Select. With this strong expectation now reinforced by the first payout, I don’t expect this to change significantly in the future. Amazon has long paid about $1.30 to $1.40 per borrow, which translates to $0.0058 per page with the new system. This seems to be a steady-state solution. If you feel otherwise, all you need to do is wait a few months and time will show whether or not this is right.

Write happy, be happy. 🙂

Chris McMullen

Copyright © 2015

Chris McMullen, Author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers

  • Volume 1 on formatting and publishing
  • Volume 2 on marketability and marketing
  • 4-in-1 Boxed set includes both volumes and more
  • Kindle Formatting Magic (coming soon)

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