If/when you use one of your free days on Select, Amazon puts a slash through the price, showing it as now free.
But if you just change the price, there's no indication of what the price used to be. Are you getting any sales at $9.99, btw? I would think that high, unless you're already an author with an established fan base. Generally around $3.99 works best for a newbie author with a full-length novel.
No, I've never seen an Indie with a notice that this a -- number of days sale. The only time you get a mark down notice is when you a paperback also available. Then KDP shows how much cheaper it is to by the kindle version.
Thank you. I will check them out. I have yet to market. I have read a number of articles posted by authors who have used the KDP Select (with initial trepidation). These people seemed to have surprising success with it. But, if that is not the norm I will think twice, especially after perusing the threads.
If you are going with Select, or any marketing tactic as far as that goes, make sure you read up on the best approach. For instance, if you are using any free promo days from Select you will want to alert various ereader blogs that post free books announcements to their readers. Pixel of Ink, iReader, and many other blogs exist to tell readers which books are free when. This can be a tremendous boost to your downloads, which usually translates into sales on the following days. That return has been dwindling more and more, however.
Other issues with Select is that to be "picked up" by those e-centric blogs, you'll want to have at least 10-12 good reviews on your book. If you don't have any reviews--and I didn't look your book up--you might want to concentrate on sending it out to book reviewers to see if you can get those in line before the promo days.
Thanks for your response and suggestions. I DID hit the "join KDP Select" button after seeing the the amount of the fund. I do have 12 five-star reviews up already, and am listed on one or two sites promoting my book. However, promoting is a full-time job and I have a day job. I cannot hire a publicist. So the process is tedious and slow.
I have received a lot of downloads in 18 hours, and my book is not listed as a free promotion, only listed for Prime Lending. Goes to show how many people do not want to pay for anything. Not gotten one real Sale with this KDP Select.
Wondering: Where is there information to determine how much we make on each borrow? I cannot locate the answer.
I also have a question if anyone can help with KDP. Can you enroll your book in KDP for 90 days, test things out, and then take it out of KDP and publish on Barnes and Noble and Smashwords?
And when you offer your book free, should I assume you don't earn any royalties for those sales, begging the question why offer it for free?
Lastly, if your book is in KDP and it gets borrowed, do you earn money for that, and approximately how much on a book priced at $7.99?
Any answers would be greatly appreciated.
These aren't borrows if you have used your free days- they are free downloads and you get nothing for them- hence free. Borrows are when someone in Amazon prime borrows the book for nothing- but only has a set time to read said book, usually works out about $2 a borrow.
The jury is out as to why promote your book for free- some people see an upturn in sales after or an upturn on a second title- say part 1 is free part 2 is not. It might get you reviews and it might get you a fan base. As I said some people think the freebies are Satan's work and ruining the industry and some people love them.