A very well written explanation of Amazon’s New Kindle Unlimited program. Worth the long read for anyone who is self-published and does so through Amazon.
What are your thoughts?
For $9.99 per month, customers can check out up to 10 Kindle e-books from an extensive library of 600,000 titles at Amazon. All books enrolled in KDP Select are participating (plus 100,000 others from mostly small presses). Authors will receive royalties in the form of KDP Select borrows. The July, 2014 KDP Global Fund has been increased to $2,000,000. You can read more about Kindle Unlimited by clicking here.
Authors need to decide whether to opt in or opt out of KDP Select. The big question to ask is whether or not participation in Kindle Unlimited will improve the book’s sales.
Obviously, some books will thrive in this program, others will not. The difficult question is predicting how your book will do. I will discuss the pros and cons of Kindle Unlimited by focusing on how it could improve sales, and then I will discuss the…
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