What's The Buzz on Kindle Vella?
Amazon finally launched the much anticipated?Kindle Vella ?in July of 2021, but a lot of people are yet to catch on. By learning about and using the platform, you’ll have an edge in modern-day publishing.
Kindle Vella is a service that allows you to read stories in series. Serialized stories, if you were wondering, are works of fiction that are released episodically like TV shows and are exclusive to certain platforms.
In the same vein, KDP serialized stories are exclusive to the Kindle Vella platform. This is a major leap for Kindle Direct Publishing (KDP) as they try to gain an even larger share of the fiction reader market.
Now, let's get into the details of this novel storytelling platform.
What is Kindle Vella?
Kindle Vella is the latest platform built to host KDP serialized stories. The platform allows authors to publish their stories in little episodes and readers can then have access to these stories by accessing the platform online.
Kindle Vella, like some earlier serialization platforms including Wattpad and Radish, is interactive for authors and readers. As a bonus, writers can monetize this platform, creating another viable source of?passive income .
Kindle Vella: How It Works
Since it operates on a new KDP format, the Kindle Vella interactive reading tool is different from the already existing Kindle E-reader app.
The stories on the platform are available on the Kindle Vella website for desktop or the Kindle Vella app for iOS or Android. Storytellers can post stories containing 500 to 6,000 words per episode, and the platform gives readers free access to the first three episodes of any story after which tokens will be needed to continue reading. Interaction between readers and authors is expressed by dropping a "thumbs up" on the stories or adding them to their “faves”.
Different amounts of tokens are needed to unlock episodes based on the length, and authors receive money from their stories based on how many tokens the reader chooses to unlock them with.
Kindle Vella Pricing
When releasing this new KDP format, Amazon indicated that the price structure was subject to change. Meanwhile, here's a guide to how much it costs to read KDP serialized stories on the new platform.
The length of a story determines how many tokens will be needed to read the full story after the free preview. A reader may spend 50 tokens to read a 5000-word story and 20 tokens for a 2000-word story.
The authors get 50% of royalties from their stories. This means when a reader purchases 200 tokens for $1.99 and reads a story with 50 tokens, the author gets $0.25. This is $.0005 per 100 words.
However, the pricing is not as straightforward as it seems. If a reader buys a large number of tokens up front, they get more value. This is the calculation format for the royalties.
(number of tokens to unlock episode) * [(tokens bundle price / number tokens in the bundle) – taxes and fees] * (50% revenue share) = Earnings per episode
This chart helps you understand the amount earned in royalties using the formula above. This price does not include taxes or fees.
Token Tiers
Price for Reader
Royalties Per 100 Words
200
$1.99
$0.0005
525
$4.99
$0.000475
1100
$9.99
$0.00045
1700
$14.99
$0.00044
?
Based on this, you can earn $0.25 from a 5000-word story if the reader paid for their token from a 200-token tier. You can also earn $0.22 from the same story if the reader pays from the 1700-token tier.
Terms of Usage for Kindle Vella Authors
Several rules govern publishing on Kindle Vella. Learning them will ensure that your experience with the platform is hassle-free. Although the rules may be updated in the future, these are the current guidelines for using Kindle Vella.
How Readers Access Vella Stories
There are different ways that readers can find stories on the platform.
Publishing With Kindle Vella
To publish a story on Kindle Vella these are the steps to follow:
Start New Kindle Vella Story
Click "Start a story" on the Kindle Vella Library. It's also available on your KDP dashboard.
Indicate Title, Author Name, and Description
“Starting a story” leads you to another page where you add the story title, author name (Real name only), and story description. This information is not episode-specific but covers the entire story. This new KDP format provides a 100-character limit for the title and a 500-character limit for the description.
Add a Story Image
Add a 1600x1600 pixel image. Based on Amazon’s recommendations, use images without text.
Choose Image Categories
Choose two categories that best fit your image.
Add Your Tags
Add tags to your post. They help Amazon identify where your posts should show up. You can see what other authors used as their tags to guide you in choosing yours, and it’s a good idea to?research ahead of time ?which tags might be the most profitable for your book based on the genre.
Publish
Click "Publish and start Episode 1" after addressing the other parameters above. The story becomes available when you publish your first episode.
If you need experienced hands to help you write your story, you'll find the cream of the crop?here at The Urban Writers .
Some Kindle Vella Features
Final Words
Kindle Vella, the newest platform for KDP serialized stories, is creating a new pathway from the normal ebook format. If you want to be a successful author on this new platform, here's a tip for you: hook the audience's attention in a way that most books fail to achieve.