Author Topic: NEW: Author Earnings Report Feb 2016  (Read 7443 times)  

Offline GeneDoucette

  • Status: Arthur C Clarke
  • *****
  • Posts: 2541
    • View Profile
    • Gene Doucette's Blog
Re: NEW: Author Earnings Report Feb 2016
« Reply #25 on: February 10, 2016, 07:25:50 am »
I looked at the raw data report and thought this bit of it was pretty interesting:



Haven't seen anyone talk about this, and I know folks here have wondered how many sales it takes to get to N rank and how to sustain it.

this is gold

KBoards.com

  • Advertisement
  • ***

    Offline mach 5

    • Status: Arthur Conan Doyle
    • ****
    • Posts: 505
    • Don't mind me - just here to procrastinate
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #26 on: February 10, 2016, 09:49:49 am »
    Does anybody else find it encouraging that, according to this report, only 14% of last month's sales were KU downloads?

    Nope - it all comes down to what you write and how that audience prefers to get their books - my borrows got very high as compared to sales.

    Offline James R Wells

    • Status: Arthur Conan Doyle
    • ****
    • Posts: 606
    • Gender: Male
    • Bellingham, WA
    • Without Fear, Speak What is True - Axiom
      • View Profile
      • The Great Symmetry
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #27 on: February 10, 2016, 10:22:02 am »
    I think it takes more than one day to hit those ranks. My last giant countdown deal, I sold over 300 units day one but my rank peaked around 800. I eventually hit the suggested 500 (peaked high 300s I think) but it was after a few days around 800.

    I was comparing to the column titled "One Day Sales Spike To Hit Rank"

    James R Wells | The Great Symmetry

    Offline 555aaa

    • Status: Scheherazade
    • *****
    • Posts: 1753
    • Gender: Male
    • Near Canada
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #28 on: February 10, 2016, 12:34:51 pm »
    I didn't download the spreadsheet yet, but I took the summary table that Jim pulled and integrated it to determine the total share of sales by sales rank, and it's surprisingly "egalitarian" if you can say that - flat would be another way.  I used a weighted estimate of the sales in each range of rank and adjusted the weighting to get the same total is in the AE report (about a million units per day). Then I plotted the cum percentage of sales by sales rank and this is what it looks like (in text)

    RANK 1:100 = 10% of daily sales
    RANK 100:1,000 = 15% of daily sales
    RANK 1,000:10,000 = 25% of daily sales
    RANK 10,000:100,000 = 30% of daily sales
    RANK 100,000 and above = 20% of daily sales (I assumed 0.1 sales per day at a rank of 500,000)

    The 50% point is right around a rank of 10,000. So it means that all the books ranked over 10,000 are producing about half the total daily sales and the "prawny" books (ranked over 100K) are still about 20% . The total's about a million units a day fyi.

    I thought the curve would be a lot steeper, although the pessimist in me would turn around and say that "half of kindle book sales are made by 0.25% of titles and 80% of sales are made by 2.5% of titles" (based on 4 million titles).
     
    « Last Edit: February 10, 2016, 12:56:16 pm by 555aaa »

    Offline jazzywaltz

    • Status: Arthur Conan Doyle
    • ****
    • Posts: 692
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #29 on: February 10, 2016, 09:48:47 pm »
    Nope - it all comes down to what you write and how that audience prefers to get their books - my borrows got very high as compared to sales.

    As are mine. I'm just referring to those who are worried that Kindle Unlimited is taking over Amazon's booksales. Clearly this is not the case and many people still buy instead of borrow. Meaning that there is still hope for those who want to eventually go wide.

    Offline Nicholas Erik

    • Status: Scheherazade
    • *****
    • Posts: 1115
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #30 on: February 10, 2016, 10:34:09 pm »
    I don't think the ranking to sales numbers are particularly accurate in the upper and lower bands. I'm talking top 100 and after you sink below about 20k.

    2310 sales (in spike form) hit #58, I believe, for a box set I published. Obviously this changes day-to-say, since it's relative. It's very difficult to accurately predict that. The difference between #2230 and #2250 is negligible. The gap between #30 and #50 is huge.

    I actually thought the Publishing Perspectives article, while somewhat heavy-handed on the ass-hattery, raised some valid points. The fact that the original estimates of overall Kindle sales were off by 18% is not some small number. And the broad conclusions drawn by the report - based especially on limited data - left me intrigued, but ultimately unconvinced. Not saying they're right or wrong, just that it's not as open and shut as some of the indie community seems to want to believe.

    It's rather like peeking through a keyhole and trying to ascertain everything about the world outside. There's an animal out there, but the fur blurring in the snowy wind could be a mountain goat or it could be a polar bear. Unfortunately, Amazon has the key outside, and they're not letting anyone head out into the data wilds.

    Thus I disagree, however, with the core basis of the Publishing Perspectives' argument that the data analysis needs to be done by a prominent consulting firm to be solid. I don't think the rigor of the analysis is the issue. The issue is a lack of data, particularly from Amazon. 

    That being said, I applaud both Hugh Howey and Data Guy for putting this together and taking the initiative/time to assemble something like this when there really aren't any other sources of information. A lot of the report's limitations are because of limited data sources, a fact which is openly acknowledged.

    Nick

    Offline Anna Drake

    • Status: Arthur Conan Doyle
    • ****
    • Posts: 605
      • View Profile
      • Anna Drake
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #31 on: February 11, 2016, 04:43:51 am »
    I'm surprised by the drop in sales for Amazon-published books. Each time I check the best selling mysteries list, nearly every title enrolled in KU has been published by Thomas and Mercer, and there are a lot of them.


    Anna Drake | Website | Twitter | Amazon | Facebook

    Offline PhoenixS

    • Status: A A Milne
    • ******
    • Posts: 4279
    • Gender: Female
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #32 on: February 11, 2016, 09:14:37 am »
    ************
    « Last Edit: October 12, 2018, 10:04:07 am by PhoenixS »
    Comments removed to protect content and data from the over-reaching TOS of new forum owner VerticalScope. VerticalScope claims rights to any content posted to this site as theirs to disseminate beyond this site in any way they see fit.

    KBoards was purchased by VerticalScope 7.5 years and 4000 posts after I joined. VerticalScope will not allow that existing content to be permanently deleted, despite the fact I did not and do not agree to granting the new owners the rights to my content. - September 21, 2018

    Offline Gator

    • Status: Scheherazade
    • *****
    • Posts: 1125
    • Half price? Tattoo a pegasus on each shoulder.
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #33 on: February 11, 2016, 01:09:20 pm »
    I don't believe there's been an actual drop, but rather a recalibration in the report of a certain class of APub titles -- the Kindle Firsts -- that  better reflects their place in the sales distribution curve. The *sales* numbers for those titles were being over-reported in AER v1.0. This new version of the report corrects for that.

    I think the report is still over-reporting the earnings of the six Kindle First eBooks, because the calculations are based upon the $5.99 sales price.  Yet Kindle First subscribers can each pick one up at the $1.99 pre-order price, and Amazon Prime members can pick one up for no additional cost than their membership price.  My guess is that the authors' royalties are based upon the $1.99 price in those cases.

    Not that it moves the needle much, but I'm curious.  When I get time, I'll convert the data to a relational database, run queries to estimate how much it moves the needle, and report back here.

    Offline Crystal_

    • Status: Arthur C Clarke
    • *****
    • Posts: 2939
    • Gender: Female
    • Portland, OR
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #34 on: February 11, 2016, 02:26:52 pm »
    I was comparing to the column titled "One Day Sales Spike To Hit Rank"

    Me too. It takes me a lot more sales and borrows to hit the suggested rank. Starting rank does make a difference. You can get from 5k to 500 a lot faster than you can get from 100k to 500.

    Offline PhoenixS

    • Status: A A Milne
    • ******
    • Posts: 4279
    • Gender: Female
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #35 on: February 11, 2016, 06:43:36 pm »
    ***********
    « Last Edit: October 12, 2018, 08:18:50 am by PhoenixS »
    Comments removed to protect content and data from the over-reaching TOS of new forum owner VerticalScope. VerticalScope claims rights to any content posted to this site as theirs to disseminate beyond this site in any way they see fit.

    KBoards was purchased by VerticalScope 7.5 years and 4000 posts after I joined. VerticalScope will not allow that existing content to be permanently deleted, despite the fact I did not and do not agree to granting the new owners the rights to my content. - September 21, 2018

    Offline Gator

    • Status: Scheherazade
    • *****
    • Posts: 1125
    • Half price? Tattoo a pegasus on each shoulder.
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #36 on: February 11, 2016, 08:42:57 pm »
    There are special considerations for KF titles. I've had private discussions with Data Guy based on the aggregated and corroborated reports from several authors who have shared program specifics with me.

    Yes, I realize DG can't reveal info shielded by Amazon's NDA, so he's going with what's "public knowledge assumption" for the report.  Can't blame him for Amazon's and the publishing industry's obfuscation of the data.  He and Hugh have made a tremendous effort to enlighten us, and they repeat that effort every quarter.  Kudos to them!

    Quote
    In May, I also noted, "...AE is reporting 17.4% more unit sales than what my calculations indicate..." AER v2.0 made corrections (part of which, I'm assuming, were around the Kindle First titles) that decreased their sales estimates by about 18%. Pretty close to where I thought it should be.

    I picture the conversation going like this:

    DG:  "Hey, Hugh!  We're really close to Phoenix's numbers now.  We must be doing it right this time!"

    Quote
    So I think while there's still work to be done to better reine [reine?? uh, estimate] the numbers, v2.0 is a better indicator of overall conditions.

    My low-tech dictionary says it's spelled rein.  (I'm wondering why the spell check function hasn't been added to the forum software since the migration to the new server.)

    Offline Gator

    • Status: Scheherazade
    • *****
    • Posts: 1125
    • Half price? Tattoo a pegasus on each shoulder.
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #37 on: February 29, 2016, 03:44:18 pm »
    I think the report is still over-reporting the earnings of the six Kindle First eBooks, because the calculations are based upon the $5.99 sales price.  Yet Kindle First subscribers can each pick one up at the $1.99 pre-order price, and Amazon Prime members can pick one up for no additional cost than their membership price.  My guess is that the authors' royalties are based upon the $1.99 price in those cases.

    Not that it moves the needle much, but I'm curious.  When I get time, I'll convert the data to a relational database, run queries to estimate how much it moves the needle, and report back here.

    At a price of $5.99 for the six Kindle First eBooks, the January 2016 Author Earnings report is over-reporting by nearly $60,400 compared to the $1.99 price Amazon is charging Kindle First subscribers (and the same amount attributed from Amazon Prime members who get a free Kindle First eBook each month if they so desire).  That's only 1.84% more than what I think it should be.  It moves the needle, but not noticeably.

    Working with the spreadsheet, I noticed some discrepancies.  Looking at Data Guy's spreadsheet formula for calculating the earnings attributed to KU, the amount apportioned to KU borrows is dependent upon the eBook's list price.  That doesn't seem right.  And 1,510 titles are listed as published by both Indies and small/medium publishers.  Harlequin Digital Sales Corp. seems to have sold 18 of these titles.  The calculations for the author earnings for those eBooks appear to apply to just Indies, though.  And 747 titles are listed as published by Big 5 publishers, but not which ones.

    Now that I've normalized the data, I think I'll run some queries and see which sub-genres are the best moneymakers.  Is anyone else interested?  If so, I'll report back tomorrow ('cause it's dinner time).

    Offline 555aaa

    • Status: Scheherazade
    • *****
    • Posts: 1753
    • Gender: Male
    • Near Canada
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #38 on: February 29, 2016, 03:48:32 pm »
    Always interested, Gator. Thanks.

    Offline Tulonsae

    • Status: Jane Austen
    • ***
    • Posts: 284
    • Not really here.
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #39 on: February 29, 2016, 03:49:08 pm »
    Content removed due to TOS Change of 2018. I do not agree to the terms.
    « Last Edit: September 19, 2018, 12:06:36 pm by Tulonsae »
    I do not agree to the terms in the TOS Change of 2018. I have removed all the content that I had access to remove. All the best to everyone!

    Offline Gator

    • Status: Scheherazade
    • *****
    • Posts: 1125
    • Half price? Tattoo a pegasus on each shoulder.
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #40 on: March 01, 2016, 12:21:19 pm »
    Not surprisingly, paranormal romance books are top dogs as moneymakers.  If you aim for the top 60 subcategories I've listed, you'll have a chance at a good income, because the demand is there for good books.  The competition is keen, too.

    For the table below, I tried adding a border for readability, but the BBCode on this forum isn't set up for borders.  (Or else I'm just doing it wrong.)  I abbreviated "Kindle Store > Kindle eBooks >" as "Kindle >" and both "Children's Books >" and "Children's eBooks >" as "Children's >".




    Top 60 Subcategories For Daily Author Earnings Per Title, Jan. 2016:

    SUBCATEGORYAVG DAILY AUTHOR INCOME PER TITLETOTAL DAILY AUTHOR INCOMENUMBER TITLESAVG PAGES
    Kindle > Romance > Paranormal > Angels$178.72$27344.09153304.6
    Kindle > Literature & Fiction > World Literature > German$172.75$10883.4763411.3
    Kindle > Mystery, Thriller & Suspense > Crime Fiction > Kidnapping$163.01$21028.56129306.8
    Kindle > Romance > Paranormal > Ghosts$154.12$28666.02186308.7
    Kindle > Literature & Fiction > Historical Fiction > German$154.12$14949.4597470.3
    Books > Mystery, Thriller & Suspense > Thrillers & Suspense > Supernatural > Witches & Wizards$144.30$9090.5963304.1
    Books > Teen & Young Adult > Romance > Science Fiction & Dystopian$142.18$19620.30138372.3
    Kindle > Literature & Fiction > Women's Fiction > Psychological$141.00$19599.08139376.9
    Kindle > Romance > Paranormal > Psychics$140.09$30818.94220295.2
    Books > Teen & Young Adult > Romance > Paranormal$137.05$18090.61132402.0
    Kindle > Romance > Paranormal > Demons & Devils$131.29$29539.29225300.6
    Kindle > Mystery, Thriller & Suspense > Thrillers > Conspiracies$130.60$31344.22240364.1
    Kindle > Literature & Fiction > Action & Adventure > Mystery, Thriller & Suspense$124.82$998.568335.6
    Kindle > Literature & Fiction > Women's Fiction > Mystery, Thriller & Suspense > Crime$124.69$11097.0289356.8
    Kindle > Children's > Growing Up & Facts of Life > Family Life > Orphans & Foster Homes$123.22$9980.8181261.1
    Kindle > Literature & Fiction > Historical Fiction > Italian$122.78$10927.5589418.0
    Books > Mystery, Thriller & Suspense > Thrillers & Suspense > Crime > Kidnapping$119.07$23456.74197306.3
    Kindle > Cookbooks, Food & Wine > Gastronomy$118.02$118.021239.0
    Books > Mystery, Thriller & Suspense > Thrillers & Suspense > Spies & Politics > Conspiracies$117.00$27261.08233362.8
    Kindle > Science Fiction & Fantasy > Fantasy > Coming of Age$110.28$35179.70319353.4
    Books > Science Fiction & Fantasy > Fantasy > Humorous$110.21$9037.2482364.5
    Kindle > Teen & Young Adult > Science Fiction & Fantasy > Fantasy > Coming of Age$109.91$25498.92232347.7
    Books > Literature & Fiction > Women's Fiction > Domestic Life$109.69$28628.65261327.4
    Books > Teen & Young Adult > Romance > Fantasy$107.76$17564.47163344.8
    Books > Literature & Fiction > World Literature > European > German$107.23$10937.79102375.5
    Kindle > Romance > Paranormal > Witches & Wizards$106.94$33364.05312298.1
    Books > Science Fiction & Fantasy > Fantasy > Coming of Age$105.35$34026.55323336.6
    Kindle > Literature & Fiction > Women's Fiction > Literary$105.06$37189.47354346.7
    Kindle > Literature & Fiction > Women's Fiction > Historical$102.04$16836.80165315.8
    Kindle > Mystery, Thriller & Suspense > Suspense > Occult$100.79$10482.25104349.1
    Kindle > Literature & Fiction > Women's Fiction > New Adult & College$100.16$33253.30332297.1
    Kindle > Romance > New Adult & College$97.90$64808.22662260.1
    Kindle > Mystery, Thriller & Suspense > Suspense > Paranormal$95.98$10462.19109354.8
    Books > Romance > Vampires$93.66$29595.91316300.9
    Books > Children's > Growing Up & Facts of Life > Family Life > Orphans & Foster Homes$92.07$10035.75109270.1
    Kindle > Romance > Paranormal > Vampires$91.26$29843.48327317.1
    Books > Romance > New Adult & College$90.48$69941.16773264.6
    Kindle > Literature & Fiction > Women's Fiction > Fantasy$89.23$11688.48131247.3
    Books > Literature & Fiction > Women's Fiction > Sisters$85.32$3327.6339365.3
    Kindle > Teen & Young Adult > Science Fiction & Fantasy$84.93$84.931373.0
    Kindle > Literature & Fiction > Women's Fiction > Sagas$83.78$23709.61283330.9
    Kindle > Mystery, Thriller & Suspense > Thrillers > Technothrillers$83.28$13824.78166375.7
    Kindle > Mystery, Thriller & Suspense > Thrillers > Political$82.20$11672.93142392.4
    Kindle > Literature & Fiction > Literary Fiction > Sagas$74.49$16535.78222444.9
    Books > Mystery, Thriller & Suspense > Thrillers & Suspense > Spies & Politics > Political$73.03$16724.99229405.1
    Books > Science Fiction & Fantasy > Science Fiction > Exploration$72.41$12961.90179322.7
    Kindle > Romance > Paranormal > Werewolves & Shifters$71.90$40838.85568232.8
    Kindle > Literature & Fiction > Women's Fiction > Mystery, Thriller & Suspense > Detective$71.87$4743.3066314.8
    Kindle > Humor & Entertainment$71.54$143.072332.0
    Kindle > Sports & Outdoors > Outdoors & Nature > Hiking & Camping$70.00$70.001347.0
    Kindle > Science Fiction & Fantasy > Science Fiction > Space Exploration$69.57$10574.67152340.4
    Books > Mystery, Thriller & Suspense > Thrillers & Suspense > Spies & Politics > Espionage$68.92$19092.09277394.6
    Kindle > Literature & Fiction > Women's Fiction > Humor$68.72$18279.82266317.4
    Kindle > Literature & Fiction > Genre Fiction > Family Life$67.81$37770.21557313.3
    Kindle > Teen & Young Adult > Romance > Paranormal & Fantasy$67.51$23561.44349358.2
    Kindle > Mystery, Thriller & Suspense > Thrillers > Crime$66.78$33992.20509322.6
    Books > Literature & Fiction > Genre Fiction > Family Life$66.56$36210.74544313.0
    Kindle > Mystery, Thriller & Suspense > Thrillers > Espionage$66.51$18622.07280391.3
    Kindle > Science Fiction & Fantasy > Fantasy > Paranormal & Urban$66.45$67309.801013330.7
    Books > Literature & Fiction > Women's Fiction > Contemporary Women$66.30$100843.231521299.4

    Offline MKK

    • Status: Jane Austen
    • ***
    • Posts: 325
    • Gender: Male
    • Canada
      • View Profile
      • Facebook
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #41 on: March 01, 2016, 01:02:04 pm »
    That's it...I'm going to start writing about paranormal angels in love...or maybe German paranormal angels in love who are kidnapped by ghosts.

    Except, I don't know a darn thing about the genre(s). :)

    Thanks for this thread, the analysis, and commentary. I learn something just about every time I come here.

    Offline Jim Johnson

    • Status: Edgar Allan Poe
    • *******
    • Posts: 6478
    • Gender: Male
    • Alexandria, VA
    • Storyteller and Cat Minion
      • View Profile
      • Ineti Press
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #42 on: March 01, 2016, 01:47:05 pm »
    Gator, that's some sexy data, thanks for sharing. Market research for the win.

    Offline PhoenixS

    • Status: A A Milne
    • ******
    • Posts: 4279
    • Gender: Female
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #43 on: March 01, 2016, 01:51:16 pm »
    ***********
    « Last Edit: October 12, 2018, 08:16:30 am by PhoenixS »
    Comments removed to protect content and data from the over-reaching TOS of new forum owner VerticalScope. VerticalScope claims rights to any content posted to this site as theirs to disseminate beyond this site in any way they see fit.

    KBoards was purchased by VerticalScope 7.5 years and 4000 posts after I joined. VerticalScope will not allow that existing content to be permanently deleted, despite the fact I did not and do not agree to granting the new owners the rights to my content. - September 21, 2018

    Offline Gator

    • Status: Scheherazade
    • *****
    • Posts: 1125
    • Half price? Tattoo a pegasus on each shoulder.
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #44 on: March 01, 2016, 02:48:15 pm »
    That's it...I'm going to start writing about paranormal angels in love...or maybe German paranormal angels in love who are kidnapped by ghosts.

    Except, I don't know a darn thing about the genre(s). :)

    Thanks for this thread, the analysis, and commentary. I learn something just about every time I come here.

    You're welcome.  Romance with paranormal elements is selling well, but I don't think I'd mix the German fiction with it.  Probably not much crossover audience.  But perhaps you could start a new trend!

    Gator, that's some sexy data, thanks for sharing. Market research for the win.

    You're welcome.  Always good to check what's selling well if you're planning to write a new series.

    Did I miss seeing Contemporary and Historical Romance in the Top 60? That seems...odd, no?

    It does seem odd, but no, you didn't miss them.  They're both further down the list because, on average, they weren't earning as much per title in January as the other romance and women's fiction books.  Each title is competing with way more titles within these two subcategories than the other subcategories I listed in my previous post.

    Give me a few minutes and I'll format a table in BBCode to post those results, too.

    Offline Sally Clements

    • Status: Jane Austen
    • ***
    • Posts: 362
    • Gender: Female
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #45 on: March 01, 2016, 03:07:53 pm »
    Thanks for posting, Mark!

    Offline Gator

    • Status: Scheherazade
    • *****
    • Posts: 1125
    • Half price? Tattoo a pegasus on each shoulder.
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #46 on: March 01, 2016, 03:13:46 pm »
    Phoenix, when you look at the sheer number of titles in each subcategory below and compare them with the number of titles in the top 60 subcategories for author earnings per title, you'll see how much more competition there was in January for contemporary romance and historical romance.  They're still very good earners, though.  Huge, huge audience.



    SUBCATEGORYAVG DAILY AUTHOR INCOME PER TITLETOTAL DAILY AUTHOR INCOMENUMBER TITLESAVG PAGES
    #139, Kindle > Romance > Contemporary$43.49$150,219.983454267.3
    #148, Books > Romance > Contemporary$41.07$155,382.323783268.8
    #164, Kindle > Literature & Fiction > Contemporary Fiction > Romance$38.99$44,482.811141282.6
    #216, Kindle > Romance > Historical Romance$31.11$17,668.95568345.1
    #255, Books > Romance > Historical$25.21$21,930.96870326.7

    Offline KelliWolfe

    • Status: Arthur C Clarke
    • *****
    • Posts: 2635
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #47 on: March 04, 2016, 12:36:24 pm »
    Based on the numbers, I'd say this is one of those areas where the median value would be far more valuable than the average. It looks very much like a small number of very high earners at the top is pulling the average daily amount per book way, way up.

    Olivia Blake | Lessons in Love

    Offline Gator

    • Status: Scheherazade
    • *****
    • Posts: 1125
    • Half price? Tattoo a pegasus on each shoulder.
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #48 on: March 06, 2016, 07:55:42 am »
    Based on the numbers, I'd say this is one of those areas where the median value would be far more valuable than the average. It looks very much like a small number of very high earners at the top is pulling the average daily amount per book way, way up.

    For the Kindle First and Harry Potter eBooks, that's true, but in many other subcategories the top earners don't skew the average so horribly.

    If you're more interested in the median than the average in each of these subcategories I've taken the time to determine and share here, you can download the latest Author Earnings Report's raw data and make those calculations.  While you're doing that, during the very limited time I have, I'll work on a detailed report comparing the author earnings of eBooks in KU vs. eBooks not in KU.

    Offline 555aaa

    • Status: Scheherazade
    • *****
    • Posts: 1753
    • Gender: Male
    • Near Canada
      • View Profile
    Re: NEW: Author Earnings Report Feb 2016
    « Reply #49 on: March 06, 2016, 09:51:15 pm »
    I downloaded the data and found that, of books that have star ratings, the arithmetic average star rating is 4.34 stars, with a median rating of 4.5 stars. Median means the same number of values above the value as below. There's about 150,000 books in the dataset that have ratings. That matches pretty well the 4.5 average from the 100 books I track. I also don't see any correlation between star ratings and sales rank.

    KBoards.com

    • Advertisement
    • ***