Amazon Charts: reinventing the “bestseller” list

Amazon Charts: reinventing the “bestseller” list

Amazon is always innovating!

I loved the press release they sent me this morning  about their new feature

Amazon Charts (at AmazonSmile: benefit a non-profit of your choice by shopping*)

This is about the top twenty books…but not just the top 20 fiction and non-fiction books sold, but about the most read!

Some people think of Amazon as being tight-lipped with their data, and that can certainly be true (actual sales figures for Amazon devices, for example). However, we also know they have a lot of data…a lot, lot, lot of data. 😉

As the

press release

explains, there are two lists for each category of fiction and non-fiction (so, 40 books a week).

The one for bestselling is already innovative, because it is including borrows, which I think are increasingly significant. That should include

Actually, I’m not sure on the last one, since it says it counts subscription services (what I call subsers), and the KOLL isn’t really that. I think Prime Reading does count, because Prime is a subscription service. It would not count peer-to-peer loans, presumably, where you loan a book to someone you know. Interestingly, “bulk purchases” count as a single buy for this. Also, a borrow has to get to the minimum reimbursement level…about the length of a sample, according to Amazon.

Most read counts borrows and purchases read (or heard…Audible counts).

This is huge new information!

It will be informative to compare the two lists…suppose a book is widely purchased, but not widely read? What if the opposite is true? Could being on the “most read list” mean that the publisher (which may be just the author) can raise the price? Will the “read” ranking start showing up on Amazon product pages?

I’ll need to dig into this more, but I’m interested in what you think. Feel free to tell me and my readers by commenting on this post.


My current Amazon Giveaways

Amazon Giveaway for And Then There Were None!

https://giveaway.amazon.com/p/3e6a60b4814649a3

Winner:Randomly selected after Giveaway has ended, up to 1 winner.
Requirements for participation:
Resident of the 50 United States or the District of Columbia
Follow @TMCGTT on twitter
18+ years of age (or legal age)

Start:May 12, 2017 6:24 PM PDT
End:Jun 11, 2017 11:59 PM PDT

===

Star Wars Day through 40 years of Star Wars!
Giveaway by Bufo Calvin
  • Winner:Randomly selected after Giveaway has ended, up to 1 winners.
  • Requirements for participation:
    • Resident of the 50 United States or the District of Columbia
    • Follow @TMCGTT on twitter
    • 18+ years of age (or legal age)

Giveaway:
https://giveaway.amazon.com/p/0ce7b24b32a4a670

Start:May 4, 2017 6:32 AM PDT
End:Jun 3, 2017 11:59 PM PDT

It’s going on that long in part so that it covers the actual 40th anniversary of Star Wars (of the release in the USA) on May 25th 2017. Also, this book, which has good reviews and is new, is $14.99 in the Kindle edition…which is a lot for me for a giveaway. 🙂

Good luck, and may the Force be with you!

Join thousands of readers and try the free ILMK magazine at Flipboard!

All aboard our new The Measured Circle’s Geek Time Trip at The History Project!

 * I am linking to the same thing at the regular Amazon site, and at AmazonSmile. When you shop at AmazonSmile, half a percent of your purchase price on eligible items goes to a non-profit you choose. It will feel just like shopping at Amazon: you’ll be using your same account. The one thing for you that is different is that you pick a non-profit the first time you go (which you can change whenever you want)…and the good feeling you’ll get. :) Shop ’til you help! :) 

This post by Bufo Calvin originally appeared in the I Love My Kindle blog. To support this or other blogs/organizations, buy  Amazon Gift Cards from a link on the site, then use those to buy your items. There will be no cost to you, and a benefit to them.

 

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One Response to “Amazon Charts: reinventing the “bestseller” list”

  1. Lady Galaxy Says:

    I hope this means that Amazon will give some sort of “verified reader” status to those of us who read books through KU and want to leave a review. I also hope it means they will find a way to remind us that we previously borrowed a book if we happen to click on that books product page. Right now, three of the books on my first Amazon “recommended for you” page are books I’ve already read through KU. I’ve intentionally purchased only one book after having read it through KU. (The Handmaid’s Tale.) I don’t always remember titles of books I’ve read through KU and I worry I’ll eventually end up purchasing one not realizing I’ve already read it.

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