In a post entitled Time for a Pivot? I detailed a shift in my marketing strategy for 2015. In 2014, all my books were in Amazon’s KDP Select (which requires exclusivity) and I used the 99 cent Kindle Countdown KDP Select tool as my primarily form of promotion. In December 2014 I took all my books off of KDP Select in order to sell them in a variety of bookstores (Apple, Nook, Kobo, GooglePlay), and for these first six months of 2015 I have been using the perma free strategy (making Maids of Misfortune, the first book in my Victorian San Francisco Mystery series, permanently free) as my major promotional tool. I also committed to writing more short stories, getting audiobook editions out for the next two novels in my series, and writing a short story for a new science fiction collaborative project called the Paradisi Chronicles.
While the table below demonstrates that this shift in strategy worked—in terms of maintaining my monthly income—the unintended consequence and perhaps the most important positive outcome from my shift in strategies is revealed in the last row of the table. My writing productivity quadrupled.
|January to June 2014||January to June 2015|
|1||4 books on sale all in Select||5 books not in KDP Select 1 perma free|
|2||Total Sales and Borrows||21,200||13,626|
|3||Ave per month||3,500||2,200|
|5||Ave per month||$6000||$6000|
|7||Promotions||5 KC (including 2 BookBub) and 1 Free promotion||1 BookBub of permafree book|
|8||Words written||2 short stories 18,000 words||Draft of novel 85,000 words|
How did this happen?
First of all, let’s look at the numbers. In the first six months of 2014, I had three novels for sale as ebooks (Maids of Misfortune, Uneasy Spirits, and Bloody Lessons) and a boxed set of those books, with print editions for the novels, and an audible edition of Maids of Misfortune.
In the first six months of 2015, I had three novels for sale (Uneasy Sprits, Bloody Lessons and Deadly Proof––the 4th book in my series), Victorian San Francisco Stories (a collection of short stories) and my boxed set. I also now had audio book editions of Uneasy Spirits, Bloody Lessons, and Victorian San Francisco Stories. This meant that even with the loss of the ebook version of Maids of Misfortune as a source of paid income, I had two more ebooks available for sale and several more audio books as a source of income.
Second, while I had lost the income I was getting in 2014 from borrows from KOLL (Kindle Online Lending Library) because none of these books were in KDP Select in 2015, I had picked up sales from Apple, Nook, Kobo, and GooglePlay that made up for that loss of income. For example, January thru June 2014 (before the Kindle Unlimited subscription service was started by Amazon) I averaged 370 borrows a month from KOLL — about $700 a month in income. For 2015, with none of my books making money from borrows, I made on average $1000 a month (which included sales in the Apple, Nook, Kobo, and GooglePlay stores as well as the Kindle store).
Third, while I sold more books in the first six months of 2014 than in 2015 (see rows 2 & 3), a lot of those books were discounted to 99 cents as part of Kindle Countdown promotions (my main promotional tool in 2014). This explains why I was getting the same income for selling fewer books (averaging 1,300 fewer a month in 2015; see rows 3, 4 & 5). In 2015, I was giving away a lot more of copies of one title (see row 6), but I was also selling all my other titles at full price.
Which leads to the fourth and main point. Those Kindle Countdowns took time. As you can see from row 7, in 2014 I did a promotion every single month. And while this strategy produced more book sales, promotions took a lot of my time — which I could have used for writing. I had to schedule each promotion a month in advance, often with multiple promotional sites. The week the book was on sale, I engaged in daily activity on social media to further the promotions, and in order to determine the profitability of each sale, I spent additional time in record keeping to track average sales before, during, and after the sale.
While the time I spent in 2014 yielded income, it also meant that I only got two short stories written during that six-month month period (a total of only 18,000 words). In contrast, in 2015 I spent much less time on promotions. I had a one-day Book Bub promotion of my perma free book, Maids of Misfortune in January and I ran several Facebook ads for that book whenever the number of downloads per day fell. That’s all.
And the short story in the Paradisi Chronicles I said I wanted to write? It became Between Mountain and Sea, a full-length novel (85,000 words) that I wrote between February and June of this year. A much higher rate of productivity and an unexpected bonus from my shift to the perma-free strategy for my series.
So, have any of you authors noticed perma-free freeing up your writing time? If so let me know.
And for the rest of you, why don’t you go and check out Between Mountain and Sea, the fruits of my greater productivity, which is now available for pre-order. You will notice this book is in KDP Select because I am anxious to see how the new “payment by pages finished” process of Kindle Unlimited works. Stay tuned!
M. Louisa Locke, July 21, 2015