What are online sales rankings, specifically Amazon sales rankings, and what do they mean for you, a self-publishing author?
This is the question I’m going to set out to answer, at least in part, for you today.
Amazon, of course, has their own page and definition dedicated to sales rankings:
Best Seller and Category Ranks are based on customer activity – sales and borrows – of your book relative to the activity of other books. A book ranking #1 in Mystery & Thrillers is the book with the most activity in Amazon’s Mystery & Thrillers category. Books can appear in up to three categories. The book’s rank in each category will show under the Product Details section. Activities that may not be an accurate reflection of customer demand, including promotional Amazon Giveaway sales and purchases that are later returned, are not counted towards sales rank.
Rankings are updated hourly but may take 24-48 hours to appear. Rankings reflect recent and historical activity, with recent activity weighted more heavily. Rankings are relative, so your sales rank can change even when your book’s level of activity stays the same. For example, even if your book’s level of activity stays the same, your rank may improve if other books see a decrease in activity, or your rank may drop if other books see an increase in activity.
When we calculate Best Sellers Rank, we consider the entire history of a book’s activity. Monitoring your book’s Amazon sales rank may be helpful in gaining general insight into the effectiveness of your marketing campaigns and other initiatives to drive book activity, but it is not an accurate way to track your book’s activity or compare its activity in relation to books in other categories.
The ranking for books with consistent activity histories that have been available on Amazon for a long time may fluctuate less than the ranking of new books, or books whose histories aren’t as stable. One sale of a very popular book may not influence its rank much at all, but one sale of a lower volume book may significantly improve that book’s rank.
Note: Each available format of your book (eBook, paperback) has its own independent Amazon Best Sellers Rank.
This is a lot to parse, but the main points to remember are these:
- Your sales ranking is essentially an attempt to quantify your book’s popularity;
- The release of new books, awards announcements, and book club recommendations (among many other factors) means that new books are always climbing the rankings, while others are dropping in the rankings at the same time—it’s a constant balancing act, and sales rankings are relative;
- Even if you sell the same number of copies each month, your sales ranking will rise and fall dependent on factors outside of your control. As I mentioned in my last post, there are yearly rhythms to book sales that mean you need to sell more books at certain times just to maintain the same ranking relative to other months when book sales are lower for everyone;
- Blockbuster books are constantly battling it out for the upper sales rankings in every category, and rankings mean less to popular books because they have other avenues to selling a lot of books. But for new books, indie publications, and self-published books? Sales rankings mean a lot more, because even one or two sales can boost an author’s sales ranking, and as a result, boost their visibility, which will itself boost sales. It’s a feedback loop that can work to your advantage.
Amazon also has a page dedicated to giving its sellers a larger-picture idea of what their sales figures represent, and that’s worth checking out as well if you sell on the website.
But what about the stuff that Amazon isn’t saying about its sales rankings?
Any number of websites out there at any point in time are happy to claim that they’ve “cracked the code” or “tamed the algorithm” or can help you “game the system,” but the fact of the matter is, most of them are offering something more along the lines of Search Engine Optimization (SEO) advice, which is totally well and good, but not quite the same thing as delivering on a promise to make Amazon’s system work for you.
At its core, Amazon is a business which is driven by its bottom line, which is to say, eking every possible profit out of both its customers and its third-party sellers. Their algorithm code is not fully public, and while we can speculate about ways to improve sales rankings, it’s entirely Amazon’s right to code their algorithm to ignore the little sales and boost the visibility of popular items, including those blockbuster book sales that I mentioned earlier. It’s not actually in their best profit-driven interest to be fair, even though it’s certainly in their profit-driven interest to discover new niche markets—which they often do by measuring how many readers access titles through their Kindle Unlimited offering—a service which rarely profits the authors themselves, as authors themselves often point out. All this is to say, we don’t actually know how sales rankings work, other than what Amazon itself has told us, and Amazon has more than one horse in the race to make money.
Next time, I’m going to look at what we know about preorders and how they affect sales rankings—so check back in two weeks for more on this fascinating and important subject!
You are not alone. ♣︎
Do you have ideas to share? Please don’t hesitate to drop us a line in the comments section, and I’ll make sure to feature your thoughts and respond to them in my next post!