Hey Squiders, we’ll jump back into the nonfiction stuff on Thursday to answer the question “How many rejections is too many?” but for today, I’d like to share Smashwords’ 2017 predictions for the book industry with you. It’s kind of a sobering read, but I’d love to hear what you guys think and any trends you’ve noticed the past few years. As I mentioned when going over City of Hope and Ruin‘s marketing results last year, some of my go-to launch activities, such as advertising on Goodreads, no longer work as well as they used to, and I wonder if some of it comes from the number of books coming out/available these days.
Mark Coker (who runs Smashwords) also mentions that KDP Select has been a terrible thing for authors, and Kindle Unlimited is only making things worse. I don’t have much of an opinion on that as of yet–I’ve always gone wide with the exception of The Short of It, and since it’s been a week, I don’t have many stats to look at. People who have used KDP Select, do you like it? Have the changes that Amazon occasionally makes hurt you?
Anyway, here’s the article. It’s long, but it is an interesting read. Love to hear your thoughts!