For those of you in KU, how many promotions, and especially, how much in ad spends are required; say for launch, and then for maintenance? How about as a percentage of sales? And I'm not trying to put anyone on the spot, but are you earning fun money, car payment money or serious business income. I'm not judging, it's just that from what I've seen, the publishers that are earning significant incomes are also investing thousands a month in AMS and Facebook ads.
The pay for play system seems to be heavily weighted against smaller ad spends, as well as third party promotional sites. I'd love for the data to prove me wrong.
I make a living, but I dont consider myself a business.
I stopped doing AMS ads a couple of months ago.
My last launch did as well as the previous one and the one before, without an AMS ad, just using my mailing list, FB and Instagram.
The last time I did an AMS ad for a book launch, the ad totally failed.
My mailing list is not big, but I average a debut rank around 2000 in the paid store, with a 3.99/4.99 price tag.
A year ago, the AMS ad took the 2000 launch rank, and pushed it up to #132. The following book went to #97. There were other factors involved, but the ad was measurably successful in boosting things.
This year, forget AMS. It no longer performs, even with double the bids I used last year. It has effectively priced itself out of being a useful tool. And as my last launch proved, no ad had the same result as an ad.
The best maintenance is a book release every month. Or at the most, 6 weeks. After that Amazon pushes you down the ranks regardless of how the book actually performs.
The next book is still the best way of keeping an income flow regular. Mind you, I''m betwewn 8 and 14 weeks at the moment, which isnt often enough, but its all I can manage.
I'll be keeping an eye on AMS, but for now, it's proved itself to be way too expensive for very little result, and if you don't pay the exorbitant amounts needed to get a real result, you may as well not bother at all.
My attitude is spending 10k to make a 2k income is just ridiculous. I have 26 novels now, and 2k without any advertising is a bad month, and so far I've never dropped below that. Been below 3k a few times, but the really great months provided a buffer for the really bad ones.
I am considering doing a Freebooksie on book 1 again soon, but that's my advertising budget for the rest of the year. Book 1 hasn't been on the promo sites for 2 years now, and the universe is now a thing where it wasn't back then. So a whole new way to advertise it as a universe start.
AMS? Forget it.