Looks like KDP is introducing a new way of releasing eBooks as a serial—Kindle Vella.
- If readers adopt the new format, it may lull them into paying more for a story than they would have laid out for a complete novel.
- If a story runs out of steam or isn’t gaining a following, you could abandon it (although you will risk pissing off your readers) and still get the revenue for what has been read, as opposed to publishing a novel which is pretty much all-or-nothing.
- It reduces royalties from 70% to 50%, which is disappointing.
- Readers won’t be able to use Kindle Unlimited to access your serial, which could damage Kindle Vella or Kindle Unlimited, depending which wins market share.
You can read more about it here: Kindle Vella
What do you think? Does it appeal to you as a writer? As a reader?
Personally, I think Patreon still better fits my goals as a writer who is building a following, but I think it could be a viable model under certain conditions. I’m interested to hear your thoughts on it too.