ruecole said:
Can you tell me what to expect?
Once the new borrows stopped, did your sales go up, down, or stay the same? And did it happen right away? Or did they tank for a day or even week, before recovering? What happened with your rank? Did it plunge? Slide over a few days? And how far did it drop once the borrows stopped?
My book comes out of Select the end of February and I just want to prepare myself so I don't panic (though I'll probably still panic!

).
Thanks!
Rue
Hi Rue,
I can only tell you what's happened to me; I can't tell you what WILL work you.
I've just taken my three novels (series) out of Select and put them wide, using Draft2Digital. I have a fourth available for pre-order. I write in urban fantasy.
I've also just made Book 1 in the series permafree.
My Amazon ranking dropped considerably, because the borrows were keeping my book 1 around 7-10k. When I left select, my ranking on Bk1 drifted down to around 20-30k (which after ranking-watching for a year scared the bejeebers out of me), as the others books rolled out of KU, they too dropped. Scary times.
But, I switched to permafree. And this is important, I believe, if you want to go wide and get visibility.
I've only had my books up at other channels (and Bk1 permafree) for around 2 weeks. So it's extremely early to say anything for sure, but this I what's happening.
First few days I gave away thousands, and didn't see any sales. Eep! Scary times.
A few days in Apple started reporting sales on the sequels, a few more days, and book 3 sales started coming in. I'm now (2 weeks in) making the same amount $ through Apple & Amazon, as I would have in Amazon Select (with fewer units 'sold/borrowed' - because KU pays peanuts for novels) - hence my ranking is lower but the $ from all paid sales is the same. Does that make sense? On Amazon reports, my blue line has plunged, and my red line is steadily climbing - as it should! If things continue like this, I'll be a very happy bunny at the end of the month.
Amazon ranking, Bk1 (now permafree) is hovering around #250 free store and has good visibility in a few bestseller lists (page 1). Paid ranking for Book 2 hovers around 18k.
Sell through (from Bk1 free to Bk2 paid) is 3.4% on Apple, and 1.9% Amazon (it used to be 70% when Bk1 was $2.99) I ran a few promo's in the first few days, including BKnights & Freebooksy. I suspect these numbers will calm down over the next two months, when the initial, 'ooh it's free' wears off, and the free Bk1 finds it's 'happy place'.
As I said, it's very early to say anything for certain, but I do believe permafree is important for getting visibility on the other channels. (I held off for over a year, and until I had three novels, with the fourth on the way).
If you haven't written a series, then I think ENT & BookBub will give you good traction on the other channels. I haven't done either, yet.
Ask me about all of this at the end of the month, and the end of next month, to get a better idea. But, at the moment, I'm very happy with leaving Select.
Good luck! You can always go back in Select (that's the great thing about being an indie).