Tip For People With No Book Budget

You get paid every time someone reads your book via KU (pay rate changes each month and has been as low as $1.01 and as high as $2.10; but usually is about $1.50)

By being in Select, you are also allowed to do Free Days (offer your book for free 5 days out of every 90 days).

A lot of the KU naysayers, will tell you that KU causes you to lose money, based on the idea that every borrow would have been a sale. However, I've not seen that. I'm still getting the same rate of sales as I did before KU came out, and now I'm getting KU income ON TOP OF the sales income. Plus, every time I do the 5 Free days, I get a big spike in sales across all my other titles for the next few days.

So even if you are using it for a product lead, Select is good, because KU and the Free Days will help get more readers' eyes on your product.

There are a lot of people who will buy your book, there are also people who will ONLY borrow books and if they can't borrow it, you just lost a reader. And then there are the freebie hunters who never pay for books at all and won't pay the $10 to KU borrow either, and by being in Select you get your book in front of them too. By putting your book in Select you get it in front of three completely separate groups of readers: The buyers, the borrowers, and the freebie hunters.

I love Select. I have 170+ books on amazon and all but 1 of them are in Select (it's not because it was previously published in an anthology and the text of the book must be EXCLUSIVE to amazon Kindle in order to qualify to be in Select.)

Well, duh, ESPECIALLY if you created it as a lead magnet. Lead magnets aren't supposed to generate money in and of themselves, they're supposed to generate LEADS. You want READERS more than you want buyers, because the $5 or whatever you charge for your book in the first place is nothing.

What you want is the $5k+ client that falls out the back. Don't turn your nose up over a $3 royalty.