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Permlink Replies: 54 - Pages: 4 [ 1 2 3 4 | Next ] - Last Post: Jul 17, 2017 8:53 PM Last Post By: Brad the wronger
novalray

Posts: 272
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June KENP
Posted: Jul 14, 2017 10:56 AM
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.004222 per page read.

Edited by: novalray on Jul 14, 2017 1:21 PM
Diana Persaud

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Re: June KENP
Posted: Jul 14, 2017 12:20 PM   in response to: novalray in response to: novalray
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novalray wrote:
.4222 per page read.

That seems kind of high. Do you mean $0.00422?

Wilai Lattimore

Posts: 328
Registered: 01/15/14
Re: June KENP
Posted: Jul 14, 2017 1:22 PM   in response to: novalray in response to: novalray
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Yet another big cut. For someone with 300,000 pages read that's $33 less than last month.
writerbn

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Re: June KENP
Posted: Jul 14, 2017 2:26 PM   in response to: novalray in response to: novalray
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novalray wrote:
.004222 per page read.

Not surprising. Kay Yu is unsustainable in the long term.
aerki

Posts: 340
Registered: 02/25/12
Re: June KENP
Posted: Jul 14, 2017 2:55 PM   in response to: writerbn in response to: writerbn
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writerbn wrote:
novalray wrote:
.004222 per page read.

Not surprising. Kay Yu is unsustainable in the long term.


Not true, you're figuring it all wrong. It's very sustainable.

Remember, we don't get paid per page, we get paid per our slice of the overall pie. The pie keeps getting bigger and bigger, so if we have the SAME number of pages read when the overall reader population increases, our piece of the pie shrinks. In theory, if we have the same market slice, our pages read should increase with the population increase...in which case our payout would remain the same.

Amazon is going a step further, giving us more PER SLICE than previously. Every time the monthly millions increase, we effectively get a pay raise.

You're looking at your pages read, which means you're not seeing it right. If your pages read stay THE SAME then you're actually declining in sales because your MARKET SHARE is decreasing, meaning your popularity is going down and it's the increase in population that keeps your pages read even.

If you could measure payout per market share (meaning your percentage of the KU pot) you'd see that you're getting a pay raise almost every month.

That is a sustainable system, and a damn good one at that for authors.

Also, if some authors like you read it wrong and want to pull out, that increases the market share for everyone else. If there is a total collapse in KU authors, then I'll be getting filthy rich. The program won't shut down, because the readers will just pick other books besides yours.

KU is here to stay, but the more authors there are coming into the pot, the more competition there is. And the more readers that join KU, the more pages read we have to get to HOLD EVEN. Most people do not understand this little, but oh so important fact.
writerbn

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Re: June KENP
Posted: Jul 14, 2017 3:09 PM   in response to: aerki in response to: aerki
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aerki wrote:
If you could measure payout per market share (meaning your percentage of the KU pot) you'd see that you're getting a pay raise almost every month.

That is a sustainable system, and a damn good one at that for authors.

So if your employer told you your hourly pay rate was being cut every month, but you could simply work more hours and make more money, that would be a good thing?

Also, if some authors like you read it wrong and want to pull out, that increases the market share for everyone else. If there is a total collapse in KU authors, then I'll be getting filthy rich. The program won't shut down, because the readers will just pick other books besides yours.
I use Kay Yu for one pen name, where it makes sense. For the rest, I go wide and make considerably more on sales elsewhere than I do being in Select.

KU is here to stay, but the more authors there are coming into the pot, the more competition there is. And the more readers that join KU, the more pages read we have to get to HOLD EVEN. Most people do not understand this little, but oh so important fact.
It still doesn't change the math. The pay rate per page has dropped from around $0.006 when KU2 started, to around $0.004 now. You can run all the circular arguments you want, but it doesn't change that very basic number.
Jonathan B

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Re: June KENP
Posted: Jul 14, 2017 4:04 PM   in response to: novalray in response to: novalray
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Not good news. The question that I have is how low will it eventaully go? At some point, I really will have to examine going wide with all of my books.

June was my worst month of the last two years. If I hadn't been part of a book bundle that did fairly well, it would have been my worst month in over three years. July is already better, but I'm not sure if June was an aberation or a portent of things to come.

Three years ago, when the first book in one of my series hit #1 in its subcategory, there were 1,000 books in that category. Now, there are 6,000. Visibility is only going to get more and more difficult.
Brad the wronger

Posts: 34
Registered: 07/13/17
Re: June KENP
Posted: Jul 14, 2017 4:17 PM   in response to: Jonathan B in response to: Jonathan B
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Three years ago, when the first book in one of my series hit #1 in its subcategory, there were 1,000 books in that category. Now, there are 6,000. Visibility is only going to get more and more difficult.

And yet, the idea of a gatekeeping device to keep the junk out is viewed as absurd.
Wilai Lattimore

Posts: 328
Registered: 01/15/14
Re: June KENP
Posted: Jul 14, 2017 4:46 PM   in response to: aerki in response to: aerki
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We have no idea how many people are paying their monthly fees to bankroll KU. It could be dropping and that would explain the drop in the reward. If it's static, which I suspect is the case, those members are reading more books., or the scammers are creaming off a wedge.
acornwriter

Posts: 1,894
Registered: 07/21/10
Re: June KENP
Posted: Jul 14, 2017 4:52 PM   in response to: aerki in response to: aerki
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Aerki,

Interesting. Just seems like the bar keeps getting raised higher. What's wrong with .0050? I think that as authors we should at least all agree on an ideal. It's like a minimum wage standard. If we shrug and say OK, every time it gets lowered, the corporation will say, "Gee, that was easy. We'll keep lowering it until they complain." They read these threads. Tell 'em you want .0050 and they look cheap otherwise. Who wants to look cheap?

That said, last month my KENP was encouraging.
aerki

Posts: 340
Registered: 02/25/12
Re: June KENP
Posted: Jul 14, 2017 5:29 PM   in response to: writerbn in response to: writerbn
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writerbn wrote:
So if your employer told you your hourly pay rate was being cut every month, but you could simply work more hours and make more money, that would be a good thing?
The pay rate per page has dropped from around $0.006 when KU2 started, to around $0.004 now. You can run all the circular arguments you want, but it doesn't change that very basic number.

You are completely clueless. I just explained it and you totally missed it.

WE ARE NOT PAYED PER PAGE. WE ARE PAYED PER MARKET SHARE.

Our pay has been going UP. Originally the pot was, if I remember correctly, 3 million dollars. For June it was 18 million. If you hold .001% market share (.001% of all pages read) you got 30 dollars. This past month, if you had the same market share of .001%, you got 180 dollars. Over just a few years our pay has gone up by a factor of 6! And you call that a pay decrease! Do you work for Congress???

I will say it again, so no one can miss this. WE DO NOT GET PAID PER PAGE. That's why the per page amount changes every month and we have to calculate it ourselves. That's NOT how Amazon pays us. It's a pot share. We're competing against other authors for how big a market share we can get, and we get paid OFF THE MARKET SHARE. And the market share payout has been going up dramatically!

If you are selling books in a store with 10 customers, and you get one sale, then that store suddenly increases its customers to 50, your sales should go up to 5. If you're still at 1, then something is wrong and you're actually declining. If you can't understand this concept, you will never understand KU.

As for the people who questioned how popular KU is, and how much money they're bringing in, just watch the monthly payout. Unless Amazon is taking a loss, the more millions they offer per month means the more KU subscriptions there are.

This is math, people. If you majored in English...my condolences. You'll never understand.

Edited by: aerki on Jul 14, 2017 5:29 PM
Jonathan B

Posts: 4,364
Registered: 10/23/12
Re: June KENP
Posted: Jul 14, 2017 5:51 PM   in response to: aerki in response to: aerki
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aerki wrote:
writerbn wrote:
So if your employer told you your hourly pay rate was being cut every month, but you could simply work more hours and make more money, that would be a good thing?
The pay rate per page has dropped from around $0.006 when KU2 started, to around $0.004 now. You can run all the circular arguments you want, but it doesn't change that very basic number.

You are completely clueless. I just explained it and you totally missed it.

WE ARE NOT PAYED PER PAGE. WE ARE PAYED PER MARKET SHARE.

Our pay has been going UP. Originally the pot was, if I remember correctly, 3 million dollars. For June it was 18 million. If you hold .001% market share (.001% of all pages read) you got 30 dollars. This past month, if you had the same market share of .001%, you got 180 dollars. Over just a few years our pay has gone up by a factor of 6! And you call that a pay decrease! Do you work for Congress???

I will say it again, so no one can miss this. WE DO NOT GET PAID PER PAGE. That's why the per page amount changes every month and we have to calculate it ourselves. That's NOT how Amazon pays us. It's a pot share. We're competing against other authors for how big a market share we can get, and we get paid OFF THE MARKET SHARE. And the market share payout has been going up dramatically!

If you are selling books in a store with 10 customers, and you get one sale, then that store suddenly increases its customers to 50, your sales should go up to 5. If you're still at 1, then something is wrong and you're actually declining. If you can't understand this concept, you will never understand KU.

As for the people who questioned how popular KU is, and how much money they're bringing in, just watch the monthly payout. Unless Amazon is taking a loss, the more millions they offer per month means the more KU subscriptions there are.

This is math, people. If you majored in English...my condolences. You'll never understand.

While we are getting paid per market share, that share is calculated by page reads. That is why Amazon uses page reads when reporting to us. And page reads is the only thing we can do to increase what we get paid. We have no control over what others do, but by writing more, by writing better, and by marketing our efforts, we can affect how many of our pages are read. Then we can only sit back until the reports come out to see what market share those pages read gave us.

And while the total payout has been increasing, that pot has been being shared by more and more writers who are putting out more and more pages to be read. So to state that our pay has been going up is really misleading. We as indivuduals are not getting paid more. We are just sharing the pot with more writers.

Jonathan B

Posts: 4,364
Registered: 10/23/12
Re: June KENP
Posted: Jul 14, 2017 5:53 PM   in response to: Brad the wronger in response to: Brad the wronger
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Brad the wronger wrote:
Three years ago, when the first book in one of my series hit #1 in its subcategory, there were 1,000 books in that category. Now, there are 6,000. Visibility is only going to get more and more difficult.

And yet, the idea of a gatekeeping device to keep the junk out is viewed as absurd.

Who is to say that the 6,000 books, in the case I posted above, are not deserving of being read? Yes, there are more books, and yes, that makes it more difficult for me to sell books, but why should I be any different than the other writers just because I got in the game earlier? I've read some of those 6000 books, and I enjoyed them.

Donald Roble

Posts: 1,002
Registered: 12/15/13
Re: June KENP
Posted: Jul 14, 2017 5:57 PM   in response to: aerki in response to: aerki
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aerki wrote:
writerbn wrote:
So if your employer told you your hourly pay rate was being cut every month, but you could simply work more hours and make more money, that would be a good thing?
The pay rate per page has dropped from around $0.006 when KU2 started, to around $0.004 now. You can run all the circular arguments you want, but it doesn't change that very basic number.

You are completely clueless. I just explained it and you totally missed it.

WE ARE NOT PAYED PER PAGE. WE ARE PAYED PER MARKET SHARE.

Our pay has been going UP. Originally the pot was, if I remember correctly, 3 million dollars. For June it was 18 million. If you hold .001% market share (.001% of all pages read) you got 30 dollars. This past month, if you had the same market share of .001%, you got 180 dollars. Over just a few years our pay has gone up by a factor of 6! And you call that a pay decrease! Do you work for Congress???

I will say it again, so no one can miss this. WE DO NOT GET PAID PER PAGE. That's why the per page amount changes every month and we have to calculate it ourselves. That's NOT how Amazon pays us. It's a pot share. We're competing against other authors for how big a market share we can get, and we get paid OFF THE MARKET SHARE. And the market share payout has been going up dramatically!

If you are selling books in a store with 10 customers, and you get one sale, then that store suddenly increases its customers to 50, your sales should go up to 5. If you're still at 1, then something is wrong and you're actually declining. If you can't understand this concept, you will never understand KU.

As for the people who questioned how popular KU is, and how much money they're bringing in, just watch the monthly payout. Unless Amazon is taking a loss, the more millions they offer per month means the more KU subscriptions there are.

This is math, people. If you majored in English...my condolences. You'll never understand.

Edited by: aerki on Jul 14, 2017 5:29 PM

Listen, snot. .The pot was never 3 million. They always added to it. It has gone from .0058 to .0042. You're getting 75% of what you used to get. Period. That's a cut no matter what you think. Yes, English is my first language.
Amis

Posts: 160
Registered: 02/25/17
Re: June KENP
Posted: Jul 14, 2017 6:27 PM   in response to: writerbn in response to: writerbn
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writerbn wrote:
So if your employer told you your hourly pay rate was being cut every month, but you could simply work more hours and make more money, that would be a good thing?
That’s apples and oranges. A book in KU is not comparable to an hourly wage. KU is like making a product and bringing it to a market where people pay a blanket amount to get in and then can use as many products as they want. You never know what you are going to be paid until the end of the day because it depends, not only on how many people come in and how many of your products are used, but on how many of all other products were used by the same customers.
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