eReader IQ loses Amazon funding
I have many times in this blog written that I think
is the most valuable resource on the web for Kindleers.
I’ve gotten great use out of it myself (and I am not associated it with it except as a customer, although we have had some correspondence), and it has saved me a lot of money.
The free services include:
- An advanced search for Kindle books (which is much more sophisticated than Amazon’s own search)
- Notification when a book becomes available in Kindle format
- Price tracking, and notification when a book drops an amount you specify
- Author tracking
How has it been able to do all of these things for free for Kindle users…and to improve the service several times in significant ways?
One reason is that the site has been an Amazon Affiliate. That means that when a customer follows a link from the site and purchases something at Amazon (not necessarily that item), eReaderIQ gets a cut…an advertising fee. That does nt raise the price for the customer, or negatively impact the customer at all.
Well, I was concerned when one of my readers, Vince, alerted me to this
It says, in part:
“…my Amazon.com affiliate account has been shut down. I depended on Amazon’s affiliate program to monetize this site. The affiliate revenue was enough to allow me to leave my 9 to 5 job a few years ago and devote my time to maintaining this site and to my wife and kids. <snip>…
I will spend this summer trying to find other ways to monetize this site. If my attempts over the next few months do not work, then, and only then, will I look into making eReaderIQ a subscription-based service.
If it does come to that, the site will remain free to browse, and a free tier will be offered for light-duty users with small Watch Lists.”
Clearly, this is a big blow, and the site, which is really a one-person operation as I understand it, is going to do everything it can to continue its excellent service.
Just recently, eRI alerted me to a book that was on sale…and that led me to discover a
sale, which I shared with you. I bought books I might not have bought otherwise, certainly, but I probably saved something like $100.
I know many of my readers use eReaderIQ.
What can you do?
I have donated to their site through PayPal…there a link on the page I linked above for the announcement: announcement at the eReaderIQ site
Next, I’m going to wait to see what happens. I would consider a paid subscription, although I’d probably be more likely to do donations from time to time.
Totally up to you what you do…I did want to give you a heads up on it, though.
Now, some of you are undoubtedly wondering what happened.
I don’t know, and I think it’s reasonable that they don’t say exactly.
I’ve always been a little concerned that they might be linking to too many free books for Amazon’s taste. There was a point where Amazon…discouraged that, but it was some time back. A lot of us changed what were doing then so we didn’t exceed Amazon’s guidelines. I don’t know that that is the case here, but it’s a guess.
There are many people and individuals (including non-profits) which earn quite a bit of their money, sometimes their existential income, as Amazon Affiliates. That’s separate from money which comes through AmazonSmile, which makes donations from Amazon to non-profits you designate, based on what you purchase).
I wish eReaderIQ all the best, and hope they can come up with a way to monetize the site and to continue their service to the Kindle community.
Do you have comments about how eReaderIQ has helped you? I think they read this blog. Hearing those good stories, could help, even if you don’t donate. Feel free to let me, my readers, and possibly them know by commenting on this post.
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* 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! By the way, it’s been interesting lately to see Amazon remind me to “start at AmazonSmile” if I check a link on the original Amazon site. I do buy from AmazonSmile, but I have a lot of stored links I use to check for things.
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.