This is a question traditionally published authors never have to think about–because they don’t usually get the option. But it’s one that keeps Indie authors up at night. For a lot of them, it translates to, “Should I go all in?” Because that is what it means. For those who aren’t familiar, Amazon’s KDP platform has an option for KDP Select. It’s a voluntary commitment to enter your book into an exclusive distribution though Amazon for a minimum of 3 months, during which time you have certain advantages over non-Select books:
- You can run limited time promotions
- Amazon’s algorithms give your book preferential treatment
- You get to earn money on pages read, which can add up to a significant chunk of change
The drawback, of course, being that every book entered into KDP Select must be pulled from every other retailer world wide. Even with Amazon having the largest reach and largest market share for eBooks, that still cuts you off from a large potential readership. And there are other issues, as well:
- Royalties paid out of a shared pool, which cuts your earnings per book read (relative to standard per-unit pricing)
- Technical issues
- Fraudulent activity from unscrupulous authors
Still, the earning potential is large enough to keep enticing authors. As an Indie author myself, KDP Select has never held any appeal, precisely because of the exclusivity catch. But I would be lying if I didn’t admit that in the last two years, as sales across the industry as a whole have taken a huge dip, and as I have watched my own sales take a suicidal nose dive, I have considered whether it might not be worth a try. This year, especially, has been hard for me for many reasons, most of which have nothing to do with my books. Usually, at my low times, I escape into my books: reading, writing, taking pride in what I’ve accomplished and how I’m still hanging in there, despite everything.
That’s a little difficult to do when you can’t see the returns on all the effort you have put into a project. And that’s why KDP Select sounded like a promising solution–for about a minute. I thought, “I could make it work. I could sell my soul. Or maybe just loan it out for 3 months to make some extra cash, just to get my confidence back.” But my own immediate reaction to that was such a powerful rejection of the idea that I ended up discarding it again. For one very important reason: Nothing I have read and heard about the program so far has inspired any confidence in me that it wouldn’t irreparably hurt me in the end.
For me, the question of, “Should I go Amazon exclusive?” isn’t about How much can I make? but How much am I willing to give up to make that much? Am I willing to alienate the eBook world outside of Amazon? Am I willing to give up a much larger chunk of my profits to Amazon and thieves? Am I willing to go on faith that Amazon will report my page reads accurately and pay my royalties honestly? Am I willing to set aside all of my principles to make a buck, and feed the monster I personally believe is destroying the democracy of eBook publishing? Okay, that last one is a bit dramatic, but it’s how I feel. And when I put it that way, my answer is no.
It’s a very personal choice, and I’m well aware that not everyone shares it. There are plenty of writers who are quite happy in KDP Select, making enough money to be comfortable, and not at all concerned about any drawbacks. That’s great for them, and I’m happy for them. It’s just not the right path for me.
This morning, a friend of mine shared an article in a Facebook group (I’m fairly active on Facebook, in case you haven’t noticed 😉 ): Business Musings: Your Basket Is Leaking. The writer, an Indie author herself, makes a comparison between Sears and Amazon, in terms of their business life cycle. She also points out some uncomfortable truths about the way Amazon does business (which didn’t surprise me, to be honest) and paints a bleak picture for Amazon, predicting its downfall, and pointing out how staunch KDP Select supporters are now waking up to its issues and quietly pulling back to publish wide. It’s well worth reading. It’s well worth reading anything on any company you’re in business with.
So back to the original question: Should an author put his/her books in KDP Select?
My answer would be: Depends on your business model.
Do you have a massive backlist of titles to experiment with? If so, go for it! See what works and what doesn’t. Maybe putting one or two books into exclusivity will open doors for new readers to find you. Be aware, however, that it opens you up to a lot of resentment from readers who will want to read the rest of your books but only if they’re in KDP Select. And that resentment can be quite vicious, just so you know.
Is it a good idea to put all of your books into the KDP Select basket? I still say no. Only because it’s never a good business decision to rely on one single point of sale. For one thing, you’re cutting yourself off from a wide world of readers who, for whatever reason, don’t shop for eBooks on Amazon. For another, you will be making yourself 100% dependent on Amazon’s integrity and longevity. Whatever issues Amazon might have, you will be locked in to endure them for at least 3 months. And if Amazon does suddenly shut down KDP Select, you’ll lose the bulk of your income. Not all, unless Amazon itself folds, but just make sure you have put enough money away to survive until you rebuild your readership across other platforms and get your sales back up. Which will take time.
As for me, I can say with 100% certainty that any titles I have published will never go exclusive anywhere. Beyond that, the project I had briefly considered trying for KDP Select is now on hold. I might revive it at some point in the future, but as long as I keep coming back to my original arguments against Amazon’s exclusive program, I don’t think it’ll ever happen. And the fact that I keep randomly coming across these types of articles and opinion pieces reinforces my belief that I am doing the right thing for me.
If this should be my last blog post for 2018, I wish you all a beautiful Holiday Season and nothing but the best for 2019. May you find everything you’re looking for, may you always have everything you need, and may good luck stick to your heels like melted chewing gum. 🙂
Until next time!