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Thread: KDP Select newbie


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Permlink Replies: 4 - Pages: 1 - Last Post: Aug 29, 2014 10:29 AM Last Post By: Robert M McCarr...
chowminsky

Posts: 25
Registered: 07/12/11
KDP Select newbie
Posted: Aug 18, 2014 10:53 AM
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Hi Guys! I just started a couple weeks ago on KDP select. Can someone please explain in simple terms how we get paid and how it truly works? For the life of me, I just don't get it. I'd really appreciate the help! My sales have been shotty for months, but my borrowing has been pretty good since I started KDP Select.

Thanks
maineauthor

Posts: 673
Registered: 07/14/12
Re: KDP Select newbie
Posted: Aug 18, 2014 12:30 PM   in response to: chowminsky in response to: chowminsky
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Just as you do with regular sales, you'll be paid approximately sixty days after the month in which you earned the money. Sales for August will be paid at the end of October.

The borrows through KOLL and now KU are dumped into a combined pot. Amazon sets aside a specific dollar amount for the pot each month. At the end of the month, they split that pot in equal amounts for each borrow. If the pot is $2m, and there are a total of 2 million borrows, then we earn $1 for each borrow. If the pot is $2m, and there are a total of 1 million borrows, then we earn $2 for each borrow. It changes from month to month, depending on the total number of borrows for that month.

The amount earned for each month shows up on the "previous month" report that comes out around the fifteenth of each month.
chowminsky

Posts: 25
Registered: 07/12/11
Re: KDP Select newbie
Posted: Aug 18, 2014 12:43 PM   in response to: maineauthor in response to: maineauthor
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thanks very much, makes sense!
Kiersten Hall

Posts: 1
Registered: 01/14/14
Re: KDP Select newbie too
Posted: Aug 29, 2014 10:21 AM   in response to: chowminsky in response to: chowminsky
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Hi ~ 8-29-14

I'm also a newbie to all of this and it appears I am only giving away free looks on my book when looking at the Report. Do the 'Borrows' get tracked? Or am I just giving my book away for free?

I'm growing more frustrated as each day goes by. Could use as explanation.

Thank you much ~
K
Robert M McCarr...

Posts: 832
Registered: 07/01/14
Re: KDP Select newbie too
Posted: Aug 29, 2014 10:29 AM   in response to: Kiersten Hall in response to: Kiersten Hall
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Borrows get tracked and show up in your reports.

But if you've got a free promotion going on, who's going to borrow it?
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