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Thread: Benefits/disadvantages of publishing in KDP select?


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Permlink Replies: 11 - Pages: 1 - Last Post: Oct 25, 2012 8:10 AM Last Post By: mikehuxley1
mikehuxley1

Posts: 544
Registered: 09/14/12
Benefits/disadvantages of publishing in KDP select?
Posted: Oct 24, 2012 5:01 AM
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Okay, from everything that I've heard and read, I'm not convinced that publishing in KDP select is a good idea at all as opposed to simply publishing on Kindle without it.

I'm certainly not convinced that the short term and relatively small benefits of giving work away for free is a great idea either, in fact I would go as far as to say it is a pretty bad one, for you and the self publishing industry as a whole.

So am I right? Wrong? Or are there benefits to KDPselect that I'm missing?

What do you all think?
jtbigtoad

Posts: 9,227
Registered: 08/01/10
Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 24, 2012 6:11 AM   in response to: mikehuxley1 in response to: mikehuxley1
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There isn't much benefit to be found.

You can use the free days to move a lot of products, but that doesn't help much.

I guess if you have a series of books you can do the first one for free and have the link to all the others in the back.

If your book is popular, you can rase the price and rent it out and collect nice money.

The downside is you are limited to AMAZON ONLY!!!

No B&N, NO Smashwords, No apple books No Google Books, etc.

JT

;)
nparkinson

Posts: 53
Registered: 09/09/12
Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 24, 2012 6:14 AM   in response to: mikehuxley1 in response to: mikehuxley1
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Very simple - Steer clear...

If I had gone with KDP I would not have made the 1,000 sales to Nook owners on B&N in month one...

1,000 sales versus hoping that Amazon will promote my book? Not even close.
mikehuxley1

Posts: 544
Registered: 09/14/12
Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 24, 2012 7:18 AM   in response to: mikehuxley1 in response to: mikehuxley1
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Thanks guys, that's pretty much what I thought to be honest. I was just thinking that maybe there was some benefits such as specific promotion by Amazon that I was missing since so many people keep going to it and putting their work up for free. I thought there has to be a reason they are doing that other than just to shift a load of free books which they make no money on (and makes no sense)? Apparently not. Does the rental thing bring in much money? From what I've heard it is negligible compared to what you can earn publishing on other formats? At the moment it looks like my plan to publish via Amazon, and then later onto other formats is the right one then.

Nparkinson, is it easy to publish on Nook? Or other devices?
johntgaffield

Posts: 5
Registered: 10/21/10
Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 25, 2012 3:14 AM   in response to: mikehuxley1 in response to: mikehuxley1
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I am considering KDP select for a new short story. The one thing that is a little unclear to me for the Kindle Owners Lending Library, is if a Prime member can only borrow one book a month or just one and a time. If it is just one a month, I doubt people will be selecting a low priced short story for the one book. I have other short stories available for free already, so that is not my issue. I may still give it a try for the 90 days, but I am uncertain of the results I will see.

Thank you,
John
crimsonhouse

Posts: 123
Registered: 08/05/12
Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 25, 2012 3:37 AM   in response to: johntgaffield in response to: johntgaffield
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I thought, too, that the price would be an issue for those borrowing books. But my $1.99 book was borrowed a lot, with the nice result that where I got $0.7 for a sale, I got over two dollars for each borrowed book. :) I think it's more about the genre of the book; some genres have avid readers who save a dollar where they can. Mine is a paranormal romance.

Susanna
johntgaffield

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Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 25, 2012 4:12 AM   in response to: crimsonhouse in response to: crimsonhouse
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Great to hear that you are getting good results with it! I will likely give KDP select a try for 90 days at least. Thank you for the feedback!

John
mikehuxley1

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Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 25, 2012 4:39 AM   in response to: mikehuxley1 in response to: mikehuxley1
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That's interesting. So let me ask you guys, do you think the potential for a small profit on each 'borrow' (obviously accumulating depending on how many people borrow) is worth the potential loss in sales on those free days? Or in fact having people borrow it rather than buy it?

Does anyone know the rough numbers for the amount of people who borrow a new book as opposed to those who would pay a few pounds more to buy it? My novel that I am finishing up for example is an adventure thriller with an archaeology theme. If the borrowing numbers were significant enough for example, then that would obviously be a plus point for select?
crimsonhouse

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Registered: 08/05/12
Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 25, 2012 4:55 AM   in response to: mikehuxley1 in response to: mikehuxley1
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Free days aren't compulsory. I haven't done any. I'm in the select for the borrows only.

Susanna
mikehuxley1

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Registered: 09/14/12
Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 25, 2012 5:15 AM   in response to: mikehuxley1 in response to: mikehuxley1
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Susanna, so you think it is worth doing it that way? What about the potential loss from being able to publish elsewhere such as Kobo or Nook? Have you found that 'borrow' profits are worth the exclusivity? What has been your experience of the promotion aspect of select?

I'm asking because I'm weighing up the pros and cons, I know my views so far have been weighted negatively against it from what I have read and heard, but I'm trying to keep an open mind before making a decision.
crimsonhouse

Posts: 123
Registered: 08/05/12
Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 25, 2012 5:31 AM   in response to: mikehuxley1 in response to: mikehuxley1
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I haven't had a chance to try the other operators yet. But my book has been borrowed about 20-30 times a month for the past two months. I don't know whether I can get that many sales on other venues - or more, actually, to generate the same amount in royalties. But not all books get borrowed. My second book hasn't been borrowed all that much. So I have nothing concrete to offer either way. There are those who make more sales elsewhere, but you won't know until you try. It might be easier to try the select first though, if you're interested. It's only 90 days; it's a greater hassle to get your books out of those other operators if you decide to go with the select after all. I don't think there is any promotional benefit in going with the select other than the free days though, and even then you have to do the promoting to get people to download your book.

Susanna
mikehuxley1

Posts: 544
Registered: 09/14/12
Re: Benefits/disadvantages of publishing in KDP select?
Posted: Oct 25, 2012 8:10 AM   in response to: mikehuxley1 in response to: mikehuxley1
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That is certainly a good point Susanna, Thank you. It just seems that as always it will be down to pot luck more than anything if our books get picked up or word spread.
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