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A little about the 'business' of an indy author.
Coupled with the changes above, I've been experimenting with advertising on Amazon. I've sat in on several Indy Author advertising seminars. Of course, they all want you to buy their online university, or online course, or book... plus I've been suspicious of both the expense and complexity.
Before the cover changes, I ran ads where Amazon picks the keywords for your ad placement. And while I was getting a decent number of impressions - meaning my ad was being seen - displayed with others under the also-bought and you might like sub-headings - I wasn't seeing significant click-throughs or sales. Note: the only expense here comes with click-through. Clicking the ad to go to the product page typically costs the advertiser between ten cents and a buck and change, which is adjustable by the person building and managing the ad campaign - me.
I uploaded the new covers on January 27th. On the same day, I built an ad campaign where I picked the keywords, not Amazon. On the 28th, I had my first sale via click-through, and I saw my first significant activity under Kindle Unlimited page reads.
Almost all the activity has been on Tunguska Deception, both in click-through, sales, and KU page reads. This isn't surprising, as Genesis Renewed is Book 1 of a series, and the experience I've gleaned from other series writers is that Book 1, on its own, generally doesn't sell until you have a Book 2 or Book 3 to follow. Readers have been burned with series not completed and don't want to get invested in a story or character without knowing they'll get to complete the journey.
Surprisingly, to me, was the result. In three days, I saw six sales of the Kindle version of Tunguska and over a thousand page reads in KU (the equivalent of almost four full reads). Tunguska also bounced up to the middle five digits in overall sales rankings (62,101), and under one genre heading (Alternative History), it spent a couple of days in the top 150, 140 to be specific. Typical rankings prior were around 1.1M and 35k under the AltHistory genre.
Though the income hasn't covered the ad click-through expense, I see this as a highly successful experiment and will continue to experiment with bid/cost per click. Plus, advertising costs are seen as a reasonable expense and are deductible - woo hoo. |