Showing posts with label Publishing. Show all posts
Showing posts with label Publishing. Show all posts

Free Down Loads On Kindle

By Mike Long Until recently I’ve steadfastly resisted giving any of my books away. Sure, I sent copies to folks for reviews (with mostly good results) and even donated a case to a US Army aviation unit in Afghanistan – but that’s not the same as listing a book as ‘Free’ on Kindle for several days. Why on earth would a sane person do that? I’m not sure why sane folks do anything, but what pushed me to try a ‘free download’ promo was the fact that I just wasn’t selling many copies as E-books. I had my first novel (No Good Like It Is) and the sequel (Dog Soldier Moon) available on Kindle, Smashwords, Sony, Nook, etc., but was only moving maybe twenty or twenty-five on each per month. I’d already gone through the Kindle pricing drill, starting at $9.99, then $5.99, then 99 cents and finally establishing my ‘sweet spot’ as $2.99 per. At that price or higher, the author gets 70% of each sale; below that, it’s only 35%. And when Kindle offered their Kindle Owners Lending Library (KOLL), I was slow to join up (why loan books for free, rather than sell them?) – until I learned that the KOLL program actually pays a little to the participating authors. You do have to give Kindle an ‘exclusive’ on your books, but I’d never received a penny from Sony, Smashwords, Nook, etc. anyhow. Another no-brainer, once I studied it. And all that led me to the free download promo. A friend explained that the folks who hold out for freebies on Kindle were probably never going to pay for one of my books – unless maybe they got the first one free and just had to have the sequel, especially if it didn’t cost much. I ran my experiment Nov. 26-30 2012, after a good deal of mostly free advertising. I used Facebook (all my groups therein) and LinkedIn, and found more than a dozen sites that would blog or advertise my effort for little or nothing. There were over 6500 free downloads during that five day promotion; most (6200) were in the first three days, so a two or three-day promo is probably enough. But what happened afterward is what has really surprised me. In the nine days since I stopped the promotion, I’ve had over 220 paid downloads (purchases, KOLL Loans) of my first novel; the figures on the sequel aren’t in yet. Remember, I was only doing about 22 of each per month before. I don’t expect this pace to continue, but it’s sweet now. And there are still 6500+ potential buyers for the sequel. Write On!