New to e-publishing or not, you can’t avoid the almighty Amazon and the slew of terms accompanying the behemoth. So, to get you started, here’s a little glossary action. I’d love others to add/ amend/ expand in the comments!
KDP: Kindle Direct Publishing. The web-based platform that allows any writer, anywhere, to upload an e-book to sell across Amazon’s domains.
KOLL: Kindle Owners’ Lending Library. By joining Prime, Kindle owners can choose from over 145,000 titles to borrow for free as frequently as a book a month, with no due dates. Note: this option is not available in the UK. (Boo!)
KDP Select: A 90-day programme allowing KDP authors to promote their books for free up to 5 days per term. Authors must give Amazon exclusivity in exchange.
Tag: a word or phrase customers save on a product listing (chick lit, genre, contemporary romance, bestseller, etc). The more people who tag a product, the higher up it will appear in customer search results.
Sales rank: A book’s rank at any given hour, as determined by sales.
Popularity lists: Accessed from the Kindle book shop front, it’s the list that shows when you click on a genre – confusingly, it’s different from the bestseller list.
Algorithms: The mysterious formula used by Amazon to calculate sales rank and popularity lists. According to algorithms experts (who watch this stuff obsessively), Amazon tweaks their formula every few months.
Alsobots: The books that appear below your product listing. The more books you sell in connection with other books, the higher up you’ll appear on other alsobots.
Royalties: The money, baby! Depending on the price you choose to sell your book for, you will either receive 30 per cent or 70 per cent.
CreateSpace: Amazon’s self-publishing arm for print. Note: CreateSpace now distributes in Europe! Choose extended distribution and opt into the new channel.
Author Central: Any author is eligible to join this programme, providing a space for author bio, blog and Twitter streaming, videos, and events. Remember to do it for each domain, since .com does not filter through to UK and vice versa.
ITIN: Individual Tax Identification Number. A little piece of hell all non-US-based authors must go through to ensure KDP and CreateSpace don’t withhold thirty percent of their profits.
EIN: Employer Identification Number: An easier option than obtaining an ITIN. Had I only know about it sooner…
Your turn! What am I missing? What has always confounded you? What questions do you have?