Aftermath of a Kindle Daily Deal
Earlier this month, Libriomancer [Amazon | B&N | Mysterious Galaxy] was a Kindle Daily Deal, meaning Amazon was selling the e-book for a mere $1.99. This was the first time one of my books had been selected for the KDD program, and I have to say, it was pretty sweet. But how much of an impact does that $1.99 day really have?
I’ll probably never have exact numbers. These sales will show up on my next royalty statement, which covers January – June of this year, but doesn’t break things down by day or week.
Here’s what I do know…
1. Once Amazon drops the price, most other online retailers follow suit. Soon after I posted about the Kindle Daily Deal, I realized the book was also on sale at Barnes & Noble. Then people mentioned Google Play and iBooks. They all seem to monitor and price-match, which means the book was on sale pretty much across the board…at least in the U.S. Alas, Europe and most other non-U.S. ebook sellers didn’t get in on the action.
2. Libriomancer was, at least for one day, outselling Fifty Shades of Grey.
3. We probably sold >1000 ebooks on Amazon alone. But wait, didn’t I just say I wouldn’t get numbers until my next royalty statement? Well, yes. But I do have the ability to pull up my Amazon affiliate account and see how many copies sold through that link. About 350 or so people bought Libriomancer through my site and links. My friend Howard Tayler (of Schlock Mercenary fame) was kind enough not only to mention the sale, but also to email me afterward and let me know he’d had close to 400 sales through his post. Given that Amazon was also marketing the book, and other folks were signal-boosting, I think 1000+ is a reasonable guess.
4. Apparently Libriomancer is a Sword & Sorcery book.Β This was news to me. But who am I to argue with this screencap?
5. I have absolutely wonderful friends and fans. I was blown away by how many people signal-boosted the sale. Thank you all so much for the support and word-of-mouth.
6. I’m still addicted to checking my Amazon rankings. Most days, I’ve gotten to where I don’t need to check in to see if my sales rank has gone up or down, or if anyone’s left a new review, or whatever. But I was clicking Refresh all day to see what kind of impact the sale would have. At one point, Libriomancer was #1 in two different categories, and #16 among all paid Kindle books, which is pretty sweet.
This also put the book near the top of Amazon’s “Movers and Shakers” for the day:
7. It boosts sales of other books in the series, too. Neither Codex Born nor Unbound saw the same level of sales, but the Amazon rank for both of those books ended up in the four-digit range, meaning sales were above-average for them as well. Probably not a huge number of sales, but definitely better than nothing! Hopefully there will be some longer-term sales too as people finish reading Libriomancer.
8. A few weeks later, I’ve got 24 new Amazon reviews for Libriomancer. I don’t know if those extra reviews will help to sell more books, but it’s nice to see, and it means at least some of the people who picked up the book also read and enjoyed it. Yay!
9. Amazon pushes and markets its KDD books. As one of my fellow authors put it, this is a situation where the author gets the benefits of Amazon’s market and advertising power. They promote their Kindle Daily Deals, and while I don’t know how much that helps, it’s certainly a significant boost.
#
Thanks again to everyone who signal-boosted, and to all of the readers who shelled out $2 to try the book. I hope you enjoy it!
I’ll probably check back in later this year once I’ve seen royalty statements, and can compare this six-month window to prior royalty periods. In the meantime, I’d love to hear from other authors who’ve done the KDD thing. How did your experience compare to mine? Any additional insight or information you can share?
Chris
March 26, 2015 @ 8:52 am
Does the cheaper price point affect your commission at all? I know I have asked you that before, but I figure it would be a valid question again, and I forget the answer.
John Hartness
March 26, 2015 @ 9:02 am
Jim, I think you’ll find you did an order of magnitude better than you think when it’s all said and done. I was lucky enough to be selected for a Daily Deal a couple of years ago, and made it to somewhere around #27 on the overall list for the day. We moved about 2,500 copies that day, with about a thousand more on subsequent days, so with an overall ranking of #16, I’d be surprised if you didn’t move better than 5,000 books over the two or three days surrounding the Daily Deal. And that’s not counting sites other than Amazon. It’s a wild ride, and can have a long tail, especially when you have a decent volume of work out there for new readers to be exposed to. Congrats!
Jim C. Hines
March 26, 2015 @ 9:05 am
Normally, no … but I’m not 100% sure in this case.
Jim C. Hines
March 26, 2015 @ 9:07 am
Thanks! And I certainly wouldn’t object to a few thousand extra sales π
Chris Tierney
March 26, 2015 @ 9:23 am
> Apparently Libriomancer is a Sword & Sorcery book. This was news to me.
To be fair, the cover does prominently feature a sword surrounded by Sorcerous Swirlies. π
Jim C. Hines
March 26, 2015 @ 9:27 am
That’s a fair point, yes π
Joelle Presby
March 26, 2015 @ 9:31 am
Does this mean you are reading the reviews in addition to checking to see if there are new ones posted?
(I’ve been told not to and am curious if you have reasons why a writer should read them.)
Barbara McNichol
March 26, 2015 @ 10:17 am
I think you might find that the later books have a bit more lag in the boost. As a reader if I decide to try a new author I will finish the book before I buy the next and then buy them one at a time. The fastest I’ve ever gone through a new series like that is a book a day for a week. Most of the time there would be a week or more between books. Most new authors need a bit of time to grow on me.
Alan DeHaan
March 26, 2015 @ 10:31 am
Despite it not being on sale in Europe, I’m sure some Europeans took the word of mouth as a reason to try it. (I know of at least one case) so good news for that!
One thing this sale did for me was…tell me there was such a thing as a Kindle Daily Deal. I have a Kindle. I have Amazon Prime. I check Amazon Deals. I am part of Kindle First (When one calls out to me). But I never knew about Kindle Daily Deals. (Finding the link and signing up to get the e-mail took me about 5 minutes of amazon/google searching. My google fu is weak). But yay!
Congratulations on the success of this. I love how openly you talk about things like this. It’s nice seeing a bit of light shining.
Matt Harris
March 26, 2015 @ 10:42 am
I bought it due to the KDD. Ended up buying the other two books in the series as well, even though they are generally outside my price point for e-books.
Jim C. Hines
March 26, 2015 @ 11:10 am
Sometimes, but not always. In part, it depends on my mood and mental space. But I’ve found that reviews can be helpful for me personally. Even though they’re not *for* me, the positive ones can be good for my ego, and a well-written negative review can sometimes help me learn how to improve.
Joelle Presby
March 26, 2015 @ 11:17 am
Ah. You’re tough then. Or at least sometimes you’re tough and you’ve managed to know yourself well enough to identify when you can take it. [Another thing to be jealous of. π And a thing I might be able to learn.]
Rob Meyer
March 26, 2015 @ 12:33 pm
You might also consider the effect in terms of reviews. Those sales might result in 50-100 new reviews which will push you up in the rankings as well. More reviews will trigger more sales so the effects of the Kindle Daily Deal might be felt for say a year or more. Not as strongly as the Deal itself, but every little bit helps.
mjkl
March 26, 2015 @ 12:42 pm
And they probably don’t have a category for “book and sorcery” π
Deborah Blake
March 26, 2015 @ 1:52 pm
This is amazing! I assume you had no control over them picking the book–they just did?
And when you have a chance, could you email me and explain how the Amazon Associates thing works? I think I signed up for it way back in the early days, but I have no idea how to work it. *sighs*
Congrats!
Wesley Chu
March 26, 2015 @ 3:46 pm
I’ve been the KDD deal a few times now. Asked my publisher every time how it affects royalty. It does not. Amazon eats that loss to stay the market leader.
Jim C. Hines
March 26, 2015 @ 3:51 pm
::Hugs Wes::
Thank you for confirming that π
Matt
March 26, 2015 @ 4:46 pm
Congratulations on your KDD!
A couple of points:
1. At an overall Amazon ranking of #150 I sold over 1,000 in one day. Your #16 ranking means far more than 1,000 sales – possibly 2,000+
2. The Sword and Sorcery category is set by your publisher, not Amazon.
Dawn
March 26, 2015 @ 4:56 pm
I bought the book as a daily deal. I generally will not pay full price for a book I’ve already read (got it through my local library) but was more than happy to have my own copy for just $2. And then, of course, I bought the next one. And will soon be buying the next π
Sally
March 26, 2015 @ 5:50 pm
I already had it from B&N, but I bought it again for Amazon. Belt and suspenders.
Jim C. Hines
March 26, 2015 @ 7:51 pm
Thank you!
Jim C. Hines
March 26, 2015 @ 7:51 pm
Thanks, Dawn. Very glad you enjoyed it π
Traci W.
March 27, 2015 @ 3:40 pm
I think it’s pretty awesome, that you got the KDD. I know I forwarded the information out to my friends, since I already have it on my Kindle. I think its pretty amusing that you were able to beat out the 50 shades book, even if it was just a little while, so close to the movie release… do you have any plans in the work to adapt? I know I would love to see the MSU Library scene up on the big screen… oh, how we alum love those stacks…
Jim C. Hines
March 27, 2015 @ 3:43 pm
I would love to see a TV or film adaptation of the Libriomancer books. Or any of my other series, for that matter. But it’s not something the writer tends to have much control of.
But hey, if anyone from Hollywood is reading, drop me an email! π
News & Notes – 3/28/15 | The Bookwyrm's Hoard
March 28, 2015 @ 12:07 am
[…] Aftermath of a Kindle Daily Deal (Jim C. Hines’s blog) – Looks at the impact being a Daily Deal can have on sales, based on the author’s own experience. […]