Showing posts with label KDP. Show all posts
Showing posts with label KDP. Show all posts

Tuesday, October 18, 2011

Indie Publishing Secrets Revealed #23 - Tracking Sales

Indie Publishing Secrets Revealed #23- How to track print/ebook sales

It's easy to check with your distributor to find out how many books they've sent to stores, but how do you track how many are selling in those stores and how do you track your e-sales?

Ebook tracking

Smashwords sales-go to your dashboard to get a quick look for books sold and how many total downloads free and paid. Just subtract the sold total from the total downloads and you have how many you gave for free,too.

To get more specific information, click on sales and payment information on the right sidebar. If you scroll down you will be able to see where exactly your sales came from unless you hit a quarterly reporting period. If there is no information listed when you scroll down, just click on the quarterly earnings mapping report at the top of the page. It will give you a quarterly report and show very specifically where your sales came from.


Kindle sales

Go to your KDP author site and click on reports at the top of the page. You can generate 3 different sales reports from there: prior month, previous 6 weeks or month to month. Just click on one and the details will pop up before your eyes. 

Also, using Author Central, available free to all KDP authors, you can see your ranking and a graph of your sales. It also shows your ranking. See below for more information on Amazon Central. The ebook information on this site is updated hourly.

Print sales

Createspace tracks your sales on their site. Just log into your book and go to sales.

If you have a distributor other than Createspace, you can go to Author Central.

It is a free service that KDP offers all its authors.

Once you sign up, you not only put in a profile, you can put in signings and a blog and twitter link. Most importantly, it puts you in touch with Nielson Book Scan that shows, with up to 75% accuracy, your print book sales in 100 different regions throughout the U.S. It is quite remarkable to see the data. It graphs it as well as showing you sales by geography. It does not purport to catch all sales, but enough to show you significant things. This data is updated every Friday.

Click on this link to read more about Amazon and its effect on publishers and authors. Quite remarkable. Amazon seems unstoppable.  NY Times article

Next week I'll clue you in on how you get paid from all these sites and how often. It's not what you think....

Happy tracking sales!

Thursday, October 13, 2011

Indie Publishing Secrets revealed #22 Where's the Money?

Indie Publishing Secrets revealed   Where's the Money?

Typical scenario for a published book with a traditional publisher

Cost of you book in stores-Retail    $13.99

The bookstore pays 60%(typically) for your book. You pay your publisher and agent from that amount. $8.39

Your publisher takes 65% of that for advertising, distributing and printing. $5.45 (65%)

Your agent takes 15% for selling your book to the publisher-I'm not sure if that 15% is taken from the $8.39 or the $2.94. So, I've color coded them.

What's left for you?     $2.50 (30%) or $1.68 (20%)

You pay Uncle Sam about 1/3 of that    $1.13/1.67 (13%,20%) profit

If your experience with traditional publishing was different than this, I'd love to hear about it. Please comment.

Indie Publishing

Cost of your book in retail stores       $13.99

Bookstores pay 60% of retail for your book     that leaves $8.39
Your distributor takes 25% of that 60%           They earn $2.10.  That leaves $6.29

Subtract the cost to print your book                  $1.25(15%)-$3.50 (42%) for a 350 page book depending
                                                                        on how many you print.

What you get                                                    $3.04 (36%) to $4.79 (57%) if you do all free advertising
                                                                         Good luck with that

Uncle Sam takes about 1/3                               $2.12 (25%)-3.16 (38%)

POD (Print on Demand) Publisher I will use Createspace as the example

                                 Cost of your book         $13.99
                            
                                                                     You get $6.24 from sales at Createspace
                                                                                   $3.44 from sales on Amazon
                                                                                   $.64 from all other .coms
                                              Your book is not in stores

Ebooks

Smashwords takes about 19%. That is about $.18 per dollar your book sells for
If you let Smashwords distribute to Barnes and Noble, Diesel, Kobe and others, you end up with 60%. That means that if you sell your book for $2.99 you'll get $1.81.

Amazon.com (KDP)
If you price your book between $2 and $9.98, you will earn 65%
If you price your book less than $1.99 or over $9.99, you will earn 35%.

Happy earning