Kindle Countdown to the New Year

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I love KDP’s new Kindle Countdown Deal tool. I did a couple of preliminary tests with it when it first came out in November, 2013. I used it with several e-books on Read Tuesday, December 10. I even ran a couple of free promos on Read Tuesday so I could compare the results to the Countdown Deals. I used the Countdown Deal once again after Christmas, when e-book sales are usually on the rise.

What is it?

Let’s begin with what it isn’t. It’s not a cure-all for any e-book that doesn’t sell. If your e-book isn’t selling, the Countdown Deal probably isn’t the answer. Instead, you need to reassess whether the content, writing, and packaging are marketable. At least one of these areas needs to be improved to get your book selling.

If you have a marketable book, the Countdown Deal can help to stimulate sales. A short-term sale price can help you create added interest in your book, especially if you market the promotional price effectively.

Here are the main details of the new Kindle Countdown Deal:

  • If your Kindle e-book is priced from $2.99 to $24.99 in the US or £1.93 to £14.99 in the UK, you can put your e-book on sale for as little as one hour or as many as 7 days consecutively in a 90-day KDP Select enrollment period. (Many e-books with a $2.99 price in the US have a UK price below £1.93. If so, you need to republish and raise the UK price to £1.93 before running a Countdown Deal in the UK.)
  • Customers will see both the sale price and the list price during the promotion, so they will know exactly how much they are saving. There will also be a countdown timer, showing customers when your sale ends, which helps to create a sense of urgency.
  • The sale price must be at least $1.00 off in the US and £1.00 off in the UK and must end with .99.
  • Your e-book must be enrolled in KDP Select, which requires publishing the e-book edition of your book exclusively with Kindle. Your e-book must be enrolled in Select for at least 30 days before you can run a Countdown Deal.
  • If you change your list price, you must wait 30 days before running a Countdown Deal. You must also wait 14 days after the promotion to change your list price.
  • You must schedule your Countdown Deal at least 24 hours in advance of the day on which your promotion would begin. You need 24 hours notice to cancel a Countdown Deal.
  • Note that you can only run a single Countdown Deal in a 90-day enrollment period, even if your first Countdown Deal didn’t use the full 7 days. (This is in contrast to the free promo, where you can run up to five separate one-day promotions or use them all at once.)
  • If your book is on the 70% royalty plan, you will still earn 70% after subtracting the delivery fee even if your sale price is $0.99 or $1.99. However, if you have a large file size, which is typical if there are several images, you might actually earn more money during the Countdown Deal on the 35% royalty plan. In fact, your royalty could be zero on the 70% plan. Unfortunately, KDP doesn’t show you in advance what your Countdown Deal royalty will be; you need to figure this out yourself. On the 70% royalty plan, subtract the delivery fee (find this in Step 2 of the publishing page) from the promotional price, then multiply by 0.7. Compare this to 0.35 times the promotional price for the 35% royalty rate. You can switch plans by republishing before (it must go live 24 hours before the day your promotion starts) and again after the promotion (but then you earn 35% for sales for a day before and the period after your promotion while your e-book is being republished).

Comparing the Countdown Deal to the free promo

Kindle’s Countdown Deal solves many problems that the free promo suffers from:

  • Since customers are paying money for your e-book, most of your customers will actually read your e-book. A huge problem with the free promo is that many people who take the e-book for free never get around to reading it.
  • Since customers are paying money for your e-book, most shoppers will actually read your blurb, check out reviews, and explore the Look Inside prior to making a purchase. Another huge problem with the free promo is that many shoppers don’t bother seeing if the e-book actually appeals to them since it’s free.
  • Customers are more likely to be in your e-book’s specific target audience. This means they are more likely to have reasonable expectations for your genre. The free promo attracts customers from outside your genre, who then compare apples to oranges. This sometimes shows up in critical reviews.
  • Unfortunately, there are many outspoken individuals who strongly loathe freebies. Some, with mean spirits, actually ‘buy’ freebies with the preconceived idea of slamming them. By running a Countdown Deal, your e-book won’t attract the freebie haters, and if someone does wish to slam the e-book, at least they must make the purchase first if they want it to show as an Amazon Verified Purchase.
  • You earn royalties during the Countdown Deal. You don’t earn one penny during a free promo. The hope of the free promotion is that some customers will actually read the e-book, like it, and help spread the word. It’s a big risk. The Countdown Deal has the same benefits, without the risk. Sales during the Countdown Deal affect your paid sales rank, whereas a free promo only affects your free sales rank. Your paid sales rank actually slides during a free promo, but will most likely rise during a Countdown Deal.
  • There are fewer freebies saturating the market with the introduction of the Countdown Deal. There are also fewer Kindle e-books priced at 99 cents and $1.99 because those e-books aren’t eligible for a Countdown Deal. More Kindle e-books now have a regular price of $2.99 and higher. This helps everyone create a better perception of value. Those e-books that are on sale during a Countdown Deal can only be on sale for up to one week out of 90 days, so most of the time they are not cheap.
  • Websites that link to Kindle e-books through Amazon Associates are discouraged from promoting freebies, but have an incentive to promote Countdown Deals. It would be smart to search for sites that promote Countdown Deals for your genre. It’s a win-win situation, since they can earn money through Amazon Associates by promoting your e-book.

My experience

I ran a Countdown Deal on several e-books during Read Tuesday, a Black Friday type of sale just for books on Tuesday, December 10. I actually ran my promotions from December 9 to December 11. I sold more e-books on average on the 9th and 11th, but had the greatest surge in sales on the 10th, the day in which Read Tuesday was being promoted. On December 10, my sales of e-books for the month doubled what they had done all together from the 1st to the 9th. Several other authors also ran Countdown Deals on Read Tuesday. Of those who have shared their results with me, all but one had similar successes, and some had a far better yield than I had.

A Countdown Deal can be highly effective for a marketable e-book that is promoted effectively.

I ran a couple of free promos on December 10, also, so that I could compare the two programs. I did get a few sales of those e-books after the free promos ended, but those sales paled in comparison to the Countdown Deals.

In early November and late December, I also tested the Countdown Deal on a couple of other e-books (you can only run one Countdown Deal on a given e-book in its 90-day enrollment period in KDP Select). On these occasions, I didn’t promote the sale. I did this with one of my better sellers, with the result of increasing the sales frequency by a factor of 3.4. Trying this also with a couple of e-books that ordinarily don’t sell much, I confirmed that a Countdown Deal isn’t the solution to an e-book that lacks marketability.

You still need to promote your sale

You will certainly get the most out of your Countdown Deal if you effectively market your promotion. As already mentioned, you should search online for websites that actively promote Countdown Deals. If they use Amazon Associates, they have an incentive to help you promote your e-book, so don’t be too shy to search and ask.

There are also several websites that specialize in announcing e-book promotions, e.g. by emailing readers who are subscribed to daily newsletters. For example, check out these sites: BookBub, Ereader News Today, Kindle Books & Tips, Book Gorilla, Book Blast, and Pixel of Ink. You want to learn about stats to help you with your decision. For example, the BookBub pricing page provides data for subscribers by genre, average downloads, and average sales.

The exclusivity drawback

You must enroll your Kindle e-book in KDP Select in order to take advantage of the Countdown Deal tool. This requires publishing your e-book exclusively with Kindle during the 90-day enrollment period. You can’t publish your e-book with Smashwords, Nook, Kobo, Apple, or any other e-readers besides Kindle during this period. However, you may publish a paperback edition of your book with CreateSpace, for example; the exclusivity clause only pertains to electronic versions of your book.

It’s also possible to initially enroll in KDP Select, then 90 days later opt out and publish your e-book with every e-reader. This allows you to test the water; the 90-day period also gives you a chance to prepare your e-book for the other e-reader formats.

Some e-books sell very well on Nook, Kobo, Sony, or Apple, while others sell primarily on the Kindle. The only way to know for sure is to try it out. If your e-book sells very well with Nook, for example, you probably don’t want to enroll in KDP Select. However, if your e-book rarely sells anywhere but Kindle, you might as well take advantage of the program. Select also has other benefits, like earning royalties on borrows from Amazon Prime members.

Attention, Amazon: You need a Countdown Deal for CreateSpace paperbacks, too

It would be very cool to have a Countdown Deal for CreateSpace paperbacks. This would solve a major problem. The Expanded Distribution channel limits how low you can set the list price for a CreateSpace paperback. If you want to run a short-term promotion, you can simply lower your list price temporarily. However, if you have Expanded Distribution, you might need to temporarily disable it in order to make a compelling sale price.

Amazon and CreateSpace could get together, potentially, and create a Countdown Deal that only lowers the Amazon sale price, but not the list price or Expanded Distribution price, during the promotion. If you like this idea, please feel free to contact Amazon and CreateSpace with your suggestion. The more authors who suggest this, the more likely they will consider the idea.

Presently, the Countdown Deal only applies to Kindle in the US and UK. Hopefully, they will add this to Australia, Canada, and other websites for Kindle sales soon.

Happy 2014

I started this blog to provide free help with writing, publishing, and marketing. You can find many free articles by clicking one of the following links:

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

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

Chance to Improve a Kindle Pricing Issue

Change

When you run a Kindle Countdown Deal, if you have a paperback edition linked to the Kindle edition, the paperback product page shows the regular list price of the Kindle edition, and not the sale price.

Why not? Wouldn’t showing the sale price improve the chances of getting a sale?

Is Amazon trying to push paperback sales? Does Amazon figure that customers who have a Kindle will check out the Kindle page anyway, then when they see the even lower price, this will help stimulate a sale? Is Amazon hoping the customer will buy both editions, taking advantage of MatchBook? Or did Amazon simply overlook this pricing issue?

Would you rather have the paperback product page show the sale price of the Kindle edition?

If you’d like to see a change, the best way to proceed is to voice your opinion. Be clear and concise, and avoid triggering KDP’s auto-responses (e.g. if you mention that your paperback edition is published with CreateSpace, KDP might send you a message that you need to contact CreateSpace).

I contacted KDP to point out this issue and suggest changing it to show the sale price of the Kindle edition on the paperback page. Their response stated that the paperback product page shows the regular Kindle price because the CountDown Deal is not presently available for paperbacks. (What does that have to do with the price of tea in China?) KDP did say that they understand the issue and will forward my suggestion to their business team, who can make such decisions.

I’ve submitted dozens of suggestions to Amazon, CreateSpace, Kindle, and AuthorCentral over several years. A few of them have actually been implemented. To be clear, they didn’t implement my suggestion. Several other customers made a similar suggestion. That’s the key. One voice is likely to be lost in the wind. When changes have occurred, I’ve heard from many other customers who had submitted similar suggestions. So if you want to improve the chances of a change occurring, you must voice your own opinion.

Do you have other suggestions? If you keep them to yourself, they probably won’t make a difference. (Don’t make all of your suggestions at once. Spread them out here and there.) Here are a few other things that you might consider:

  • A total at the bottom of the KDP month-to-date sales report.
  • Consolidating KDP sales reports for other countries into a single report.
  • Showing the subtitle in the cart at CreateSpace so you can see exactly what you’re buying (if you have multiple books with similar titles and only the ending is different, you can’t tell which it is when checking out).
  • Give us the option of 35% or 70% on CountDown Deals without having to republish a couple of days in advance (if you have a large file size, you might actually draw a larger royalty from a CountDown Deal at the 35% rate).
  • Show us what the royalty will be while we’re scheduling a CountDown Deal (you’d hate to find out later that you only made one penny per sale, for example). (I love math, so this doesn’t bother me, but I’m thinking this would be convenient for some.)
  • Allow UK authors to order proofs from CreateSpace printed from the UK instead of the US (Amazon UK orders are fulfilled that way, so why not proofs?). (Again, this doesn’t affect me as I live in the US.)
  • Any other issues you come across and would like to see improvement. Tell others about the issue and encourage them to send in suggestions if they feel the same way.

Don’t flood Amazon with tons of suggestions all at once. Please don’t tell them that I sent you. 🙂 I didn’t. You have a mind of your own. Do what you feel is best.

Love books? Check out Read Tuesday, a Black Friday event just for books (all authors can sign up for free) on Tuesday, December 10: website, Facebook page, Twitter

Chris McMullen, author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers, Volume 1 (formatting/publishing) and Volume 2 (packaging/marketing), Facebook page, Twitter

Volumes 1 and 2 will be on sale on December 9 thru 11 as part of Read Tuesday on December 10. These books haven’t been on sale all year, so this is a rare opportunity. The Kindle edition of Vol. 1 will be $1.99 (60% off from $4.99) in the US and 1.99 pounds (37% off from 3.14 pounds) in the UK, while Vol. 2 will be $0.99 (80% off from $4.99) in the US and 0.99 pounds (70% off from 3.25 pounds) in the UK. The paperbacks will also be 40% off ($5.99 instead of $9.99) at CreateSpace:

Kindle Countdown Deal—Limit One Per 90 Days

Limit

It looks like you can only run one Countdown Deal per 90-day enrollment period in KDP Select.

I didn’t see any information about this on KDP’s Adding a Kindle Countdown Deal page or the Kindle Countdown Deals FAQ’s.

With a free promotion, you can schedule up to 5 separate days, or run them all at once. So naturally you would expect the Countdown Deals to run in similar fashion.

When you go to schedule the promotion at KDP, it does say, “You can schedule one Kindle Countdown Deal in each available marketplace during your current KDP Select term.”

Maybe they should also mention this in their FAQ’s. This one line could easily be overlooked.

Imagine if you had scheduled a one-hour promo to test it out, only to discover that you can’t use it again until the 90-day period renews. Ouch!

It seems strange that with a free promo, you can schedule up to five separate days or string them all together, but with a Countdown Deal you can’t run two or more separate promos.

Why is it okay to run a week-long promo, but not run two separate one-day promos?

There is something else that’s strange if you have a $2.99 e-book: Unless your file size is very large, if you selected the option to automatically set the UK price, your UK price will be less than 1.93 pounds. This means you can run a Countdown Deal in the US, but not in the UK (unless you first raise the price in the UK, but then you have to wait 30 days to run the promo). If your list price is 1.92 pounds, you may find this agonizing.

I love this new tool, but I wasn’t thrilled about these couple of details.

Love books? Check out Read Tuesday, a Black Friday event just for books (all authors can sign up for free) on Tuesday, December 10: website, Facebook page, Twitter

Chris McMullen, author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers, Volume 1 (formatting/publishing) and Volume 2 (packaging/marketing), Facebook page, Twitter

Volumes 1 and 2 will be on sale on December 9 thru 11 as part of Read Tuesday on December 10. These books haven’t been on sale all year, so this is a rare opportunity. The Kindle edition of Vol. 1 will be $1.99 (60% off from $4.99) in the US and 1.99 pounds (37% off from 3.14 pounds) in the UK, while Vol. 2 will be $0.99 (80% off from $4.99) in the US and 0.99 pounds (70% off from 3.25 pounds) in the UK. The paperbacks will also be 40% off ($5.99 instead of $9.99) at CreateSpace:

Promote Your Kindle Countdown Deal or Select Free Promo (or Other Book Sale)

On Sale

The writer who carves a masterpiece out of words and publishes the book faces a new challenge:

  • how to help the target audience discover the book

As there are millions of books to choose from, this is no easy task.

One way to try to help stimulate sales is to put the book on a temporary sale, e.g. through Kindle Direct Publishing (KDP).

  • Amazon has a new Countdown Deal available for books enrolled in KDP Select. This allows for a temporary reduction in price and shows customers how much they are saving and when the sale ends.
  • The older KDP Select free promo option is another alternative. (Note that you can’t mix and match Countdown Deals and free promos for the same book in a given 90-day enrollment period.)
  • Books that aren’t enrolled in KDP Select can still have a temporary price reduction by simply republishing at the new list price.

Everyone likes a sale. It’s great to save money.

But there’s a catch: The sale won’t attract buyers if customers don’t know about the sale.

You still have the problem of discovery. Just putting your book on sale through a Kindle Countdown Deal, KDP Select free promo, or other temporary price reduction isn’t enough:

  • A temporary sale, all by itself, probably won’t help much with getting your book discovered.

Nevertheless, a temporary price reduction can be effective if you succeed in spreading news about the sale:

  • Instead of just promoting your book, promoting that your book is temporarily on sale may generate more interest. That is, it can help make your marketing more effective.
  • Any promotions that you do to spread the news about your sale may be amplified by people in your target audience who become interested in your book.
  • If people develop interest in your book, the looming deadline may help to generate sales.
  • Sales that you may generate as a result of placing your book on sale can help improve your book’s visibility through sales rank, customers-also-bought associations, and customer reviews.

(Note that KDP Select free promos generate a free rank instead of a paid rank, but any subsequent sales once the free promo ends will help boost the paid rank.)

It all comes down to getting your book’s sale discovered by your target audience.

The usual marketing strategies—blogging, Twitter, Facebook, press release, building buzz, interacting with your target audience, readings, guest blogs, etc.—can help with discoverability. Instead of just promoting your book, you’ll be promoting the temporary sale of your book, which may help to generate more interest than your usual marketing.

Also, if you’ve been branding an image, prospective buyers who may have been considering your book might be sold when they see that your book is now on sale.

However, you probably want to use this golden opportunity to try and go beyond your usual marketing reach. For example, you might want to consider if a low-cost advertisement may be cost-effective.

Don’t focus solely on projections for how many people may view your advertisement. It’s also important to consider:

  • What fraction of the people who view your advertisement are in your specific target audience? They are more likely to make the purchase, appreciate your book, and leave a review.
  • How marketable is your book? Will the cover and blurb make the genre clear and appeal to your specific target audience?

If you have a highly marketable book in terms of both packaging and content—i.e. it will both attract and please a significant target audience—then it may be worth advertising at a site that can show your advertisement to your specific target audience.

One popular site is BookBub, but there are other options, like Ereader News Today, Kindle Books & Tips, Book Gorilla, Book Blast, and Pixel of Ink. You want to learn about stats to help you with your decision. For example, the BookBub pricing page provides data for subscribers by genre, average downloads, and average sales. There are also sites to help you promote seasonal events. For example, check out Read Tuesday, designed to help stimulate holiday sales.

With a Kindle Countdown Deal or temporary price reduction, you earn royalties during the sale. Your hope is that these immediate sales and a possible increase in sales following the sale will recover your investment and then some, but as with any investment, there is always a risk.

In contrast, a KDP Select free promo doesn’t yield any royalties during the sale. Here, the hope is that if you succeed in creating interest for your book during the promo, then enough people will read the book (only a percentage who download it for free will eventually read it, and some will be from outside your target audience) and recommend it to others. That’s a big IF, and it doesn’t always work out that way. A successful free promo can lead to a significant improvement in sales, but not necessarily (it was more common in the early days of KDP Select, but still happens now; a highly marketable book and an effective promotion improve your chances).

A nice feature of the new Kindle Countdown deal is that any sales made during your promotion improve your paid sales rank, whereas your sales rank slides during a KDP Select free promo.

Publishing Resources

I started this blog to provide free help with writing, publishing, and marketing. You can find many free articles on publishing and marketing by clicking one of the following links:

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

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