I’m sure if you’re a reader or author you’ve heard about
Amazon’s new prime membership for books. For a monthly fee a reader can now purchase
an unlimited amount of ebooks for as long as they remain members. I’ve done a
bit of research and here’s what I’ve discovered.
Although Amazon Prime does sound ominous to the author when
it comes to royalty payments it actually does have some pretty fantastic perks.
For one, an author will no longer see that dreaded return unit in their monthly
sales reports. Once a book is downloaded and the first ten percent is read the
author gets a full royalty whether the book is read entirely or returned.
Second, the book is now in the prime reading catalog so a
reader is much more apt to experiment with an unknown author because it isn’t
costing the reader anything to see what the book is about. It also will allow
for more experimental stories to be published. Books that a reader may be wary
to spend money on can now be read as a part of prime. Imagine how that frees
both writer and reader to experiment outside their comfort zones. This may lead
to some pretty amazing discoveries and breakthroughs.
Third, the fund for these books is ever increasing so in the
future an author may actually receive more royalty than if a reader had
purchased the book for the full retail price. All these facts plus numerous
other benefits such as free promo’s and countdown deals makes Amazon, in my
opinion, the absolute best place for indie authors to publish their works.
Some of you may disagree with the exclusivity of Amazon and
believe that it is prudent that an author distribute their books through as many
channels as possible to gain maximum exposure. I have put this notion to the
test for the last three years by having my books also distributed through
Smashwords to its available outlets. I have done significant marketing and
promotion for both sites. In the end, Amazon outsells all other sites including
Nook and Kobo by at least 25 to 1. A huge difference.
So, now what? As of today I have taken six of my books off
Smashwords to concentrate solely on promoting Amazon prime and my titles. I
plan on doing countdown deals, giving free promos, and most all, reiterating the
fact that it will cost nothing for a prime member to check out my books. That
is a huge incentive to sample a story.
If you own a Nook or Kobo, I regret that several of my titles
will no longer be available on those devices. I urge you to become an Amazon
prime member. I believe it is going to completely change how readers buy and
enjoy ebooks. I see it as the wave of the future and a
gateway for unlimited readership.
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