From author and regular TPV visitor M. Louisa Locke:
For the past year there has been a good deal of hand-wringing over the question of KDP Select free promotions. Have they de-valued fiction, do they attract negative reviews, do they even work anymore? As anyone who regularly reads my blog posts knows, I have been a strong proponent of offering ebooks free for promotional purposes, and free promotions have been very good to me in terms of increasing my reviews and keeping my books visible and selling.
However, I also believe one of the distinct advantages we have as indie authors is our ability to use our own sales data to respond innovatively to changes in the marketing environment. As a result, in the past year I followed a number of different strategies to keep the books in my Victorian San Francisco Mystery series visible, including beginning to experiment with the new promotional tool, theKindle Countdown, that has been introduced as part of KDP Select.
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Conclusions: 1) Free promotions are still very effective under certain circumstances. In fact, the BookBub-backed promotion of Maids of Misfortune in May 2013 was slightly more effective than the November 2012 promotion of this book in terms of total downloads, increased visibility, and long-term increase in sales. 2) This didn’t hold true with all books under all circumstances. For example, my free promotions without a BookBub ad had no significant effects on subsequent sales, and the first book in my series consistently did better in subsequent sales (not in total downloads) than the sequel. 3) Because BookBub is expensive, doesn’t accept every book, and now will only promote a book every six months, authors, myself included, need to continue to look at alternative methods of keeping our books visible. Which is where the Kindle Countdown becomes important.
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October 31, 2013, KDP announced its Kindle Countdown option for books enrolled in KDP Select. This confirmed my feeling that Amazon was systematically nudging indie authors away from depending on free as a promotional tool. I am not going to describe the details of the program, but I am going to report on the four Kindle Countdown promotions I have done so far and draw some conclusions about how they compare to KDP Select free promotions. Since I was experimenting, each Kindle Countdown I did went for a slightly different number of days and used different combinations of promotional ads. However, in all of them I kept the price at 99 cents throughout the promotion. The data also just represents sales in the US store, since my sales in the UK store remained minimal in all the promotions (even the one that was backed by BookBub).
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1. Based on post-promotional sales, free-book promotions are definitely superior to a Kindle Countdown 99 cent sale (at least at this point in time). Not only did the KDP Select free promotions increase the sales of the promoted book, but they also increased the sales of the other books in the series. In comparison, Kindle Countdown promotions had weaker and less consistent effects on post promotional sales of all books.
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2. Kindle Countdown promotions—like free promotions––do have a positive effect on increasing the number of reviews. But again, as one would expect, the difference in volume between the two kinds of promotions will have an impact. Nevertheless, I must note that my Kindle Countdown promotions produced a greater number of reviews than I anticipated.
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3. While Kindle Countdowns are not as effective at this point in producing sales after the promotion, at least you make some sales (and money) during the promotion. For people who have used free-book promotions and then had negligible post-promotional sales, this can make a Kindle Countdown a less risky proposition.
Link to the rest at M. Louisa Locke and thanks to Carol for the tip.