We're fans of the Coyote here at Political Calculations, so the news that Warren Meyer's new book BMOC
We were in luck - someone had! Unfortunately, while they included a nice graph of sales rank vs. book sales, they didn't provide any curve-fitting formulas that we could simply plug into one of our tools. So, using a sophisticated technique called "eyeballing," where we look closely at a graph to figure out what points the curve passes through, we reverse-engineered a set of formulas that form the basis for our latest tool: the Amazon.com Sales Rank to Number of Books Sold Converter!
Okay, the title of the tool needs a little bit of work, but at least you know what it does: approximate the number of books sold represented by Amazon's sales rank. We observe that these values are only approximations, since we would expect book sales to vary by seasonal factors as well as more mundane matters (like marketing campaigns). We'll also note that the number of sales for top-ranked books likely varies wildly (for instance, a new Harry Potter
We've entered the Amazon sales rank for BMOC from this morning as our default data in the tool above. Warren indicates that the rank fluctuates up and down, so you may need to check its rank several times to get a good sense of how many books per day that readers are buying.
In any case, our source for the graph provides the following insight for authors with books listed on Amazon:
Read an average rank of 1,000 to mean you have a seriously successful title, an average rank of 10,000 to mean your doing pretty good for a book that's no bestseller, an average rank of 100,000 to mean it's not going to contribute significantly to your income, and an average rank of 1,000,000 to mean you only need to check a couple times a year to compute the average rank.
Here's wishing success to BMOC!
Worth Reading Elsewhere
- Zeroth Order Approximation: When You're #253,287 You Try Harder
- What Amazon Sales Ranks Mean via Ask MetaFilter
- Open Fiction: Amazon Sales Rank and How Many Copies Are Sold
Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:
ironman at politicalcalculations
Thanks in advance!
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