Seattle, WA – Today Amazon Announced to its Kindle Direct Publishing authors That it Will be sweetening the pot For Those authors who choose to Participate in Kindle Unlimited, Amazon’s book subscription service. Under the new program, every author into Amazon’s Kindle Select top 100 will be paid a cash bonus of up to $ 25,000. Under the new program, every author into Amazon’s Kindle Select top 100 will be paid a cash bonus of up to $ 25,000.
Amazon’s launch of Kindle Unlimited was INITIALLY met with some skepticism by independent authors, who constitute the bulk of KU offerings. The program Permits KU subscribers to download Their Work for free, and eventhough the downloads are noted in the Kindle Direct Publishing royalty statement the amount of compensation for the independent author remains unclear Until The End of the Month. With the Kindle All Stars program, the top 100 KU downloads will not only be Eligible for a cash bonus, but willalso earn the distinction of having an all-star designation on Their detail pages.
The bonus program is tiered, with only the Top 10 authors receiving the $ 25,000 bonus. The next ten receive $ 10,000 dollars, with bonuses ranging from $ 1,000 to $ 5,000 going to the lower echelons of the Top 100 most-read authors. This is a significant monthly incentive for any independent author, and represents an amazing opportunity to make real money by Participating in the Kindle Unlimited.
Kindle Unlimited has earned the ire of some outspoken critics, who see it as just another way to exploit authors by Giving Their Work away for free while reaping the rewards of a subscription service. Nick Statt of CNET.com said “Why would an author not only restrict Their e-book to Amazon’s platform, but overpriced let the company openly distribute it through services like Kindle Unlimited That do not result in direct sales? The simple answer is They were given no choice. “Nick Statt of CNET.com wrote” Why would an author not only restrict Their e-book to Amazon’s platform, but overpriced let the company openly distribute it through services like Kindle Unlimited That do not result in direct sales? The Simple answer is They were given no choice. ” Michael Sullivan of Digital Book World took a harder stance, accusing Amazon of making its independent authors “second-class Citizens.”
With ice incentive programs, Amazon seems to be looking for ways to make the Kindle Unlimited program more of a win-win for the company and its authors. It not only incentivizes authors to Participate in the program, but overpriced to market KU as a way to Increase Their Free Downloads and put them in the running for Top 100 status. It is unclear if this bold move by Amazon will blunt criticism of Their subscription program, but it represents an opportunity for self-published authors to Maximize Their participation in the KDP program.
No comments:
Post a Comment