Found this post in the Squeeee News Thread--Procrastination Forum which by the way is a great thread. Toot your horn, give yourself a pat on the back, and virtual high-five other authors who are plowing ahead....Wasn't sure where else to post this (like we NEVER go off track in a thread, right?) but I thought people might be curious. I was certainly curious. Ever wonder what those Amazon sales ranks mean in terms of actual numbers of ebooks sold? Every once in a while a writer will mention they were selling x books per day when they were #xx on the Amazon Kindle bestseller list. Of course, it changes from day to day and involves a number of factors. But in general, in March, selling 35-40 copies a day would put an ebook right around #2000 overall in the Amazon paid kindle store. It's very likely that book would also appear in the Top 100 list for its genre.
Urban fantasy, epic fantasy, and hot Norse elves. http://margolerwill.blogspot.com/
Anyways, Margo's post got me thinking. Say you drop the price of your ebook to one dollar and buy 40 books a day for 30 days. That would cost you $360 because you'd get your own money back in Royalty (70%). If it bumps your ranking up and drives some sales and puts you on the "map" then maybe it would be worth it. Call it marketing costs. It's not like faking a bunch of reviews....
A "New York Times Best Seller" doesn't actually mean hundreds of thousands of copies have sold to readers. It only means hundreds of thousands of hard copies were distributed to be sold and bookstores can still return them. Buying your own e-book to gain exposure would sort of be the same thing...I think.
Just turning some cogs in that bald head of mine. Once I get the iPad version of my book out then I'm kicking the marketing into full gear.