Kindle Unlimited is a new program just introduced by Amazon that allows readers to read an unlimited number of Kindle books each month. Think of it as Netflix for books. The cost is $9.99 per month, though if you sign-up now Amazon starts you off with a free 30 day trial.
The ‘all you can read’ subscription based idea isn’t new. Others, like Scribd and Oyster, have been in the game for a short while now. But it says something about the viability and potential of the model given that Amazon has decided to also offer their own version of it. I think if I were Scribd or Oyster, I might be worried. Those services currently contain a wider selection of titles given their license agreements with some of the big publishers, but this is Amazon we’re talking about. With 60% of the eBook market and an army of independent and hybrid authors marching to their beat, Amazon once again has the potential to be a huge industry disruptor.
From an author’s perspective, I’m embracing this new program. Not with all of my titles, but at least with my Assassin Without a Name shorts. That series is not performing well under the usual pay for each title model. Fine Wine and Killing the Dead have been free for a long time; they each rack up the free downloads on an almost daily basis. But I haven’t seen those downloads translate into a measurable amount of paid sales. So, as I write this, those titles, along with Night of Zealotry and The Goddard Affair, have been pulled from all other online retailers and enrolled into KDP Select, which is a requirement of the Kindle Unlimited program. I don’t particularly like the exclusivity requirement, but Amazon remains my number one source of sales by far, so it would be foolish for me to not at least give this new program of theirs a try.
When you get down to it, that’s what enrolling some of my titles—specifically my short ones—into this program amounts to: it’s something I need to explore. If it works out, great. If not, I learn what I can from the experience and move on to the next, big thing. Who knows? The subscription model may become the way the majority people of people consume books. In that case, I’m already at the forefront.