Today the July 2015 KDP Earnings Report became available for those who use Kindle Direct Publishing. Up until July 2015 books enrolled in Kindle Direct Publishing Select (which grants Amazon exclusivity to the ebook) were paid for “borrows” and “reads” from the Prime Lending Library and Kindle Unlimited after 10% of the book was read. The amount per “read” in June was $1.35. Amazon changed the program to “equalize” the field between shorter and longer works to pay on “Kindle Edition Normalized Pages” read. This was something many authors had been griping about, I didn’t really gripe because I really didn’t care and my one book that is enrolled in KDP Select is a relatively short one. Today when I looked at the report I saw a hefty drop in revenue and calculated the KENP rate to be…
$0.005779 cents per page
Not even a full penny per page. Slightly more than half a cent. I had figured that WORST case scenario I’d see an 80% decrease… but it’s actually WORSE than my WORST case scenario at 87%.
And that’s with $11,000,000 in the fund? Is this what I get for not caring?
Doom on me.
Honestly I’m not sure which way to go. Do I pull my other two books from the other stores (where they really don’t get much traction) and enroll them in KDP Select in the hopes of getting back SOMETHING close to what I had been getting… or do I just pull out of KDP Select altogether? Should I do a marketing campaign (which I haven’t done in awhile) or let them continue along organically? What will the next change bring? Are the other platforms viable at all? I don’t have answers to those questions… but please feel free to share your thoughts and opinions in the comments.
The only thing I’m sure of… I need to write more books.