Kindle Select Gives You Money
When People Borrow Your Book
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When People Borrow Your Book
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Are you utilizing Kindle’s Book
Borrowing feature? I love it. It provides a nice little check for my books each month, borrows sometimes become buyers, and borrowers often recommend your book to others. Here is Kindle’s announcement from their newsletter:
“KPD Select is an optional program for
you to reach more readers and gives you the opportunity to earn more money.
Once your title is enrolled, you will earn a share of the monthly global fund
amount every time your book is borrowed from the Kindle Owners' Lending Library
in the U.S., U.K., Germany, and France.
”For August, the KDP Select Global Fund amount is $1.1 million. In the month of July, KDP Select-enrolled authors earned $2.04 each time their books were borrowed.
“You can also promote your book as free for up to five days for each 90-day enrollment period in KDP Select. In addition, you can earn 70% royalty for sales to customers in Japan, Brazil, and India.
”For August, the KDP Select Global Fund amount is $1.1 million. In the month of July, KDP Select-enrolled authors earned $2.04 each time their books were borrowed.
“You can also promote your book as free for up to five days for each 90-day enrollment period in KDP Select. In addition, you can earn 70% royalty for sales to customers in Japan, Brazil, and India.
“Visit your Bookshelf to enroll your books in KDP Select,
or if you are already enrolled, visit your royalty report to see your results. If you'd
like to learn more, visit KDP Select or the Kindle Owners' Lending Library “
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Carolyn Howard-Johnson, author of This Is the Place; Harkening: A Collection of Stories Remembered; Tracings, a chapbook of poetry; and how to books for writers including the award-winning second edition of, The Frugal Book Promoter: How to get nearly free publicity on your own or by partnering with your publisher; The Frugal Editor: Put Your Best Book Forward to Avoid Humiliation and Ensure Success; and Great Little Last Minute Editing Tips for Writers . The Great First Impression Book Proposal is her newest booklet for writers. She has three FRUGAL books for retailers including A Retailer’s Guide to Frugal In-Store Promotions: How To Increase Profits and Spit in the Eyes of Economic Downturns with Thrifty Events and Sales Techniques. Some of her other blogs are TheNewBookReview.blogspot.com, a blog where authors can recycle their favorite reviews. She also blogs at all things editing, grammar, formatting and more at The Frugal, Smart and Tuned-In Editor .
Works well for authors with multiple books. I wouldn't want my books to only be available on Amazon though.
ReplyDeleteAnd yes, Alex really launched something amazing with the IWSG, website, and Facebook group.
Really Diane? I used to think that, too, but didn't sell very many on other sites so I balanced benefit against benefit. I've been amazed at how once the algorithms on Amazon kick in for you, the stuff they send out/marketing they do for you--all free.
ReplyDelete