It also tracks the number of books finished, the total time spent reading, the average
number of pages read per minute and much more.
I have little patience for those complaining about Amazon at least trying to normalize payments to authors based
on number of pages read instead of times a title is read to 10 %.
The initial July KDP Select fund has been set at $ 11 million at least, which is a record high, but Amazon has revealed that the total
number of pages read by Kindle Unlimited members in June was 1.9 billion KENPs (Kindle Edition Normalized Pages).
When you divide the global fund by the payout by KENP payout, you get the total
number of pages read in KU for a given month.
Revenue is based on the number of page views — i.e., the number of times an actual page of a book is read compared to the overall
number of pages read across all titles.
Frankly, I look at it as a mix of both because it assumes a
certain number of pages read as well as a certain amount of money in the Global Fund.
The attractive thing about Unlimited is that you were paid if only a small portion of the book was read, and you don't even need to rely on
number of pages read if the book is bought outright.
As more readers and more authors entered into the KU system, the Global Fund size did not compensate for the
increasing number of pages read every month, so the payout per page read dropped steadily in 2015.
This meant I had the total
number of pages read in June and the total borrows for the month so I could work out that the average borrow was 228 KENPs.
On the other hand, I have noticed that my sales have not only increased since they are in KU — if I add the average number of KU readers (easy to calculate by dividing the total
number of pages read by the actual number of KENPC pages), I have almost doubled the number of «sales».
Your ebook is available for Amazon Prime members to borrow your book for free, and you receive payment
on number of pages read.
MARCUS SHERIDAN Founder, The Sales Lion @TheSalesLion «For me, the most important metric is
number of pages read per lead.
However, Amazon, in an uncharacteristic bout of transparency, revealed the
total number of pages read in June 2015, which was the last month of the flat - rate KU payment system.
Through brief conferences, goals can be mutually agreed upon, such
as number of pages read a week (with comprehension accountability), progression to the next level of the multiplication tables, or achievement of a higher level on a rubric for writing an essay.
The Internet giant recently announced it would pay certain authors based on
the number of pages read in a book, rather than the number of times that a work is downloaded.
Amazon finds ways to screw authors too — such as paying royalties on e-books not for the sale of the book but for
number of pages read — but, for the most part, I am in control and I like it this way.
Starting July 1st, those titles in the KDP Select program that are borrowed will be paid according to
the number of pages read instead of a set sum based on the Global Fund being paid to every title once a reader hits the 10 % mark.
Added an option to hide
the number of pages read in the «Reviews by Year» index.
As David Gaughran explained, and as was laid out in detail over on KBoards, scammers were using tricks «such as adding unnecessary or confusing hyperlinks, misplacing the TOC, or adding distracting content» to artificially inflate
the number of pages read by Kindle Unlimited subscribers.
This details matters because in July of last year Amazon started paying authors and publishers with ebooks in Kindle Unlimited by
the number of pages read, rather than the number of times an ebook is borrowed.
But under the new scheme, you'll be paid by
the number of pages read, not the borrow.
Amazon divides the fund amount by the total
number of pages read and pays you your share.
You get paid depending on
the number of pages read based on 55 % of the membership revenues.
In the changes to KU, Amazon stresses that it will pay the writers who stay in KU by the number of pages in the book and
the number of pages read.
But I do believe that payment based on
the number of pages read is more equitable and levels the playing field for authors of all lengths.
A decrease in the number of pages of my books being read (probably due to the increased competition as more books are added to KOLL / KU) A slight decrease in the amount Amazon pays per page read (due to the KDP Global Fund not keeping pace with the total
number of pages read) A change in the KENP algorithm that reduced the number of pages in my books.
The $ 9.99 per month subscription will now be divided by the amount of time each author entertains a subscriber, as measured in
the number of pages read.
This payment was no longer on each loaned book, but on
the number of pages read.
In a letter sent to authors enrolled in the KDP Select e-book publishing program, Amazon said, «Beginning July 1, 2015, we'll switch from paying Kindle Unlimited (KU) and Kindle Owners» Lending Library (KOLL) royalties based on qualified borrows, to paying based on
the number of pages read.»
The new model bases author payments on
the number of pages read.
In July of last year Amazon started paying authors and publishers by
the number of pages read, rather than the number of times an e-book is borrowed.
The amount you make when a user of the Kindle Unlimited program reads your book depends on
the number of pages read.
On this basis, Amazon's Kindle Unlimited is perhaps the purest subscription model around: it now pays authors a fee based on
the number of pages read from a pool of money it alone decides, representing an economically viable if ultimately unpalatable future.
Also, from a large - scale view, it doesn't affect the payouts in any system where
the number of pages read is one of the numbers used to calculate how much each page is worth.
«Total number of pre-orders: 164 Number of sales on launch day: 24
Number of page reads on launch day: 1,850 Highest rank on launch day: # 4,800 Needless to say I'm absolutely over the moon with these results.
Each month, Amazon allocate a total amount of money to the program which is then divided up by the total
number of pages read.
Lower
the number of pages read and the value of each page increases.
But just recently they have began taking measures that hurt new authors, such as the latest kindle library adjustment which only allows payment to the author depending on
the number of pages read.
They would pay royalties based on
the number of pages read, instead of qualified borrows.
Of course, the one company with the power to push back against the publishers is Amazon, and I do think this episode gives additional color to Kindle Unlimited, Amazon's own subscription program that, crucially, pays authors based on
the number of pages read.
The payout rate is different every month due to factors such as KDP select global fund size and
number of pages read in any given month.
But we are still at the mercy of how large the community pot happens to be each month and
the number of pages read.