From the Amazon Press Room:
Amazon today launched Amazon Charts, a reimagined weekly bestseller list that shares which books are being read the most and which books have sold the most across all formats each week. The Top 20 Most Read is the first ever bestseller list to measure the books millions of Amazon.com customers are really reading and listening to by looking at the average number of daily Kindle readers and Audible listeners. The Top 20 Most Sold list ranks the most books sold, pre-ordered or borrowed each week from Amazon.com, Audible.com and Amazon Books. Amazon Charts include data across all reading formats – whether books are bought or borrowed, listened to or read – to accurately reflect how readers are really reading and buying books today.
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“When friends make a book recommendation, they recommend books they are really reading and loving,” said David Naggar, vice president, Amazon. “Many well-known bestseller lists today add, remove, or re-rank books based on editorial considerations and customers have asked for a bestseller list that is based on reading engagement and sales data, rather than an opinion-based list of what books they should be paying attention to. We’re excited to give book lovers Amazon Charts to help them discover their next great read.”
Key Amazon Charts features include:
- What’s really being read: Amazon Charts Top 20 Most Read is the first list to rank books by the average number of daily Kindle readers and daily Audible listeners each week – giving customers the opportunity to see what’s actively being read or listened to every week.
- What’s really being bought or borrowed: Amazon Charts Top 20 Most Sold ranks books according to the number of copies sold and pre-ordered through Amazon.com, Audible.com and Amazon Books stores and books borrowed from Amazon’s subscription programs such as Kindle Unlimited, Audible.com, and Prime Reading.
- The stories behind the books: When exploring Amazon Charts, readers can browse fun insights into how other readers are reacting to each book. From which books were Most Anticipated according to the rate of customer pre-orders, to which Kindle books were simply Unputdownable, according to how quickly customers read a book from cover to cover.
Link to the rest at Amazon Press Room
Here’s a link to Amazon Charts
PG thinks this looks like a tremendous resource for authors and others who are watching the book markets. It’s also a reflection of Amazon’s continued innovation in the somnolent business of publishing.
PG predicts Amazon Charts will help to speed the demise of the NYT, USA Today, etc., bestseller lists as providers of meaningful market information.
PG was fascinated to review the Most Read listings for Nonfiction. Alexander Hamilton, a truly superb 2005 biography of one of the most fascinating personalities in US history is ranked number 5 on the most-read list and The 7 Habits of Highly Effective People, Stephen Covey’s evergreen book, first published in 1989, is ranked number 12.
It is also noteworthy that being included in the Amazon Charts Most Read list is noted in the product description for each book on the list, right below the number of reviews. It will be interesting to see how the Most Read lists impact sales of books that have fallen off the bestseller lists.
PG predicts Most Read romance, YA, etc., lists will not be far behind.
PG also suspects Data Guy at Author Earnings will have some intriguing ideas for using this additional data.