As we know this feature, Kindle Unlimited. Do you think Kindle unlimited is a good idea? Well, you need to run your vision to the following words.
Amazon has developed a lot of programs over the years, some aspired at making the customer experience good, others planned to take care of its universal stable of writers. Unluckily, the hush-hush nature that all book retailers and publishers have about sales figures can mean that the people do not have full transparency about the procedure.
One source has now broken down the information in a Data Guy kind of the way, examining the likely numbers behind Kindle Unlimited. Report of Written Word Media, while surely based on a fair amount of conjecture, has some solid math behind it. Their takes on it examine whether or not KU subscriptions are better for reading users, as well as whether or not authors actually stand to profit from the exclusive necessities that go along with listing their books via KU.
Backing up, Kindle Unlimited is not to be puzzled with other programs such as Prime Reading or merely KDP Select. Listing a book in KDP Select us surely a necessity for putting it in Kindle Unlimited, but not for Amazon choosing to enroll a book in Prime Reading. Users must pat a @9.99 (monthly) subscription fee to read the one million-plus titles in Kindle unlimited, and writers must sell their books exclusively on Amazon in order to put their content of those paying users.
Written Word Media broke down how many subscription holders there might be, and linked that to the results of their own survey, which caused in a highly-cultured guess as to how many books KU subscribers go through in a month. For the full breakdown of their discovery, you need run your vision to their report here.
But few eyebrow-raising data points count:
- It’s likely that there are 2.5 Million active users registered in KU.
- KU readers read more books and review books at an upper- rate.
- 77% of KU subscribers go on to buy books outside of the program.
- 60% of the bestselling titles on the Amazon paid charts were registered in KU.
- 88 of the top 100 love books on the bestseller charts were registered in KU.
So, is exclusive- and therefore Kindle Unlimited readers- a good thing for writers? There are plans that can make it very profitable as a marketing and visibility tactics, and is something that writers should consider. As for customers, membership depends merely on how much value you receive from the free of subscription. If you don’t read enough to justify the ten bucks a month, maybe not. If you do demolish your books, you surely have a lot to select from.