Amazon Kindle, my thoughts on the new KU pay per page policy.
Now, before we get started, I am by no means the “Know Everything” of the new policy but since I am in the industry, I felt it necessary to add in my two cents and share my thoughts on the new Amazon KU royalty policy and the way I see it.
Previously every author, whether their book was 40 pages or 400 pages, got paid the same royalty as long as the borrower read more than 10%. So everything was fair? Hmmmmm, well maybe not as fair as you think. I could have a really badly edited 40 page short that I sold for next to nothing. I could get 100’s of people to download it and read 4 pages and I would get my full royalty. Great for me, I get my full royalty just like anyone with an awesome 200+ page book who has readers hanging on to the bitter end of their story.
Well see now as I read it (and I could be wrong) using this same example, If I was the author of the short story my royalties would be greatly reduced if the majority of my readers were only reading to page 4 and not the full royalty I would have received previously. Yet my fellow awesome authors, that kept readers hanging to the bitter end will now be earning much more, and rightly so.
Now rather than this being a bad thing for ALL authors, this could actually be a great thing for all of those authors that captivate readers because they will be getting a better share of the royalties. And as much as I hate to say it, those authors that are putting out sub-standard work (Yes, we all know the market is flooded with books that “could use improvement”.) just now may be forced to actually look at what they are doing and either improve the quality (Huge plus for the readers) or decide to take up a different hobby. It is not easy to write, edit and do everything that is needed to put out a quality book, we all know this it takes time, effort and YOUR blood, sweat and tears.
In conclusion, if your book engages and encourages readers to read ‘til the end, then YOU, the author, should see no difference in what you are getting (Maybe even get a little more). But if your book falls flat and doesn’t engage readers, well yes you will be earning a lot less.
Please do feel free to discuss your ideas and thoughts on Amazon’s new policy, all sides and points are valid as long as the debate remains friendly and I not bashing or offensive to anyone. Also, not that as a rule I am neither a huge fan of Amazon and the way it does business nor do I hate them, this as I said is just my thoughts on the current situation.