|
Home::Publishing
Navigating the Amazon Sales Ranking
Author : Brent Sampson
First, the disclaimers: Since the algorithm Amazon uses to generate its sales ranking is proprietary, the details contained herein are extrapolated from research and field tests. The resulting consensus finds Amazon’s system to provide marginal sales data at best.
To whit, read Amazon’s own definition of its system, slightly paraphrased from their FAQ: “The Sales Ranking system exhibits how books are selling. The lower the number, the higher the sales. The calculation is based on sales and is updated each hour to reflect recent and historical sales of every item sold. We hope you find the Amazon.com Sales Rank interesting!” This last sentence seems to indicate Amazon’s own perspective on the importance with which the sales rankings should be viewed.
You’re not supposed to find the sales rankings informative or helpful. You’re supposed to find them interesting.
In actuality, the process is somewhat more convoluted than they let on. Only the top 10,000 books are updated every hour and the ranking does not depend upon the actual number of books sold, but rather, on a comparison against the sales figures of the other 9,999 books within that same hour. Simultaneously, a trending calculation is applied to arrive at a computerized sales trajectory. So, hypothetically, a book that held a ranking of 2,000 at 2pm and 3,000 at 3pm, might hold a 4,000 ranking at 4pm, even if it actually sold MORE books between 3-4 than it did between 2-3.
Books with rankings between 10,000 and 100,000 are recalculated once a day, rather than once an hour. Current projections, as well as historic sales information play a key role in these calculations. In fact, the predictive nature of the Amazon ranking system is what makes it possible for a newly-released book to outrank an older established title, even though the actual sales figures for the latter far exceed the former.
Books with rankings over 100,000 are also recalculated every day and applied with historic sales information and projections, although in the case of these books, history takes a back seat. Sales projections and trending take an active role here, which is why a book’s ranking can leap from 900,000 to 200,000 in the span of 24 hours or less. Does this mean the book has sold 700,000 copies in 24 hours? Absolutely not! What it does mean is that recent activity (i.e. purchases) for that book is trending higher than those 700,000 books it just surpassed. But, don’t get excited just yet; since the activity of those 700,000 other books range from slow to stagnant, one or two orders are sufficient to catapult a ranking.
If a book’s ranking breaks into the top 100,000, the sales history calculation starts to rear its head, which is why a “phenomenon” book has a hard time maintaining a high, legitimate ranking. A phenomenon is defined by a book that leaps from the high hundred-thousands into the lower thousands (or better) in the span of 24 hours or less, usually due to some concentrated marketing initiatives. Since Amazon’s sales history for that title doesn’t support the leap, the spike occurs and then quickly drops again.
HOW DOES ALL THIS TRANSLATE TO ACTUAL SALES FIGURES?
Since the data is recalculated every hour and/or every day (depending upon a book’s current ranking), it’s impossible to get cumulative sales figures, although those figures are applied to the algorithm during the calculation. No, to get a very rough idea of the actual number of books being sold, the sales ranking has to be dissected dynamically, with the same immediacy as the ranking being calculated, (hourly for top 10,000 books or daily for top 100,000 books). Chart the ranking of a top 10,000 book every hour for 24 hours and divide by 24 to arrive at its average daily ranking. In the case of a top 100,000 book, take its ranking every day for 7 days and divide by 7 to arrive at its average weekly ranking.
Bear in mind that this next piece of information is extremely arbitrary, based upon sales ranking/sales figure comparisons and data received from third party sources. In other words, it's probably completely wrong. But rather than disclaiming this chart until the cows come home, I'll just say this: It is difficult to make sense of something that doesn’t make sense. But it sure is interesting, and now, perhaps, even slightly helpful.
If the book’s average ranking is: 2,000,000+ Perhaps a single inventory/consignment copy has been ordered.
1,000,000+ Current trends indicate total sales will most likely be under 40.
100,000+ Current trends indicate total sales will most likely be under 200.
10,000+ Estimate between 1 – 10 copies being sold per week.
1,000+ Estimate between 10 – 100 copies being sold per week.
100+ Estimate between 100 – 200 copies being sold per week.
10+ Estimate between 200 – 1000 copies being sold per week.
Under 10 Estimate over 1,000 copies per week
About the Author
Brent Sampson is the President & CEO of Outskirts Press Publishing at http://www.outskirtspress.com . He is the author of Publishing Gems: Insider Information for the Self-Publishing Writer (http://outskirtspress.com/publishinggems) and Self-Publishing Simplified (free ebook edition available at http://outskirtspress.com/publishing) Spam emails More free articles Related articles
|
More related feeds |
Navigating the Amazon Sales Ranking First, the disclaimers: Since the algorithm Amazon uses to generate its sales ranking is proprietary, the details contained herein are extrapolated from research and field tests. The resulting consensus finds Amazon’s system to provide ...Buy Cheap Garmin nüvi 350 3.5-Inch Portable GPS Navigator with ... Product Details. Amazon Sales Rank: #3 in Consumer Electronics; Brand: Garmin; Model: 010-00455-00; Dimensions: 2.91" hx .87" wx 3.87" l, 1.00 pounds; Native resolution: 320 x 240; Display size: 3.5 ... Google Alert - new amazon product Amazon Product Pages contain a lot of other details on this product as Customer Reviews, Sales Ranking, Special Offers, Alternate products that customers are going for and much more.Want to read these details? click here ... hHot Now! ... Garmin Oregon 400C 3” Touchscreen Handheld GPS Unit with BlueChart ... Product Details. Amazon Sales Rank: #7818 in Consumer Electronics; Brand: Garmin; Model: OREGON 400C; Dimensions: 7.00″ hx 4.00″ wx 7.00″ l, 2.00 pounds. Features. Unit Dimensions: W 2.3 in; H 4.5 in; D 1.4 in; Display Size: W 1.53 in; ... Three tips for Book Marketing Success Amazon.com.” For example: You search on the keyword “health” on Yahoo and are taken to the top five health sites. Let’s call the top website “health.com.” After navigating around the website you find a Health.com bookstore ... SearchCap: The Day In Search, September 4, 2008 Most of Netconcepts' clientele who have implemented these technologies report good results, increased conversion and sales. From the natural search... Search Engine Land's Chrome Usage 10.10%: Share Yours Michael Arrington noticed that ... SearchCap: The Day In Search, September 4, 2008 Cleaning Up the Retail Site Navigating Mess In recent years, many retailers have implemented powerful attribute-based (aka faceted) navigation systems that make it easier for customers to filter, sort, navigate, and buy from a ... Go Go Kidz TravelMate - Black/ Orange amazon.com Sales Rank: #153 in Baby Product; Go Go Baby BABY_PRODUCT; Color: Black; Britax - Roundabout, Marathon, Decathlon, Boulevard, and Wizard; Easy to maneuver; Pull or Push the car seat. Very convenient by AAK ... Three tips for Internet Product Marketing Success “Healthcom” is the website’s Amazon.com Associate identification number. This number allows the website to get paid for any sales that result by someone clicking on the link and then purchasing the featured book on Amazon.com. ... Garmin nuvi 350 Sale Amazon Sales Rank: #2 in Consumer Electronics Brand: Garmin Model: 010-00455-00 Dimensions: 2.91" hx .87" wx 3.87" l, 1.00 pounds Native resolution: 320 x 240 Features Compact 700 MB GPS navigator with bundled MP3/audiobook player, ...
|
|
|