A recent report put out by RBC Capital estimates that there will be an installed-base of 128 million Alexa-powered devices (like the Echo speaker and Echo Dot) by 2020, and that they’ll become a $10 billion business that year. Those estimates are based on the assumption that Alexa-powered devices will increase spending by 5% to 15% for each Amazon customer.
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We have important rules at my company about the projects we take on. We don’t work with authors whose books we wouldn’t read ourselves, and we don’t guarantee best-seller status. We say no to more work than we say yes to, but these principles help us avoid the gimmicky, one-hit-wonders who aren’t looking to write great books but instead are looking to trick people into thinking they have.
However, the list of books sold according to ranking do not tally at all. According to the ranking scales I should be selling hundreds per day but that is not happening at all and all I have is a Bestsellers ranking with few sales. It really does not make sense as this is a hot genre.
The Echo Dot was the top-selling device across Amazon Books’ 13 stores; the Kindle Paperwhite was the best-selling Kindle; the TP-Link Smart Plug was the best-selling accessory; and WowWee Fingerlings were the top selling toy.
I am a Part of one of the top 6 Amazon companies in the world. We are selling in com, de, fr and uk and our feedback rates are: com 1 out of 7, uk 1 out of 5.5, fr 1 out of 6.5 and de 1 out of 11. maybe that helps to interpret the feedbacks better 🙂
With this in mind, let’s take a look at what we should understand by this ranking. As mentioned above, this Bestsellers Rank is available for most products available on Amazon, but I’ll explain this topic mainly using books as a case in point.
Amazon’s own Fire TV Stick is currently the best-selling item in that category. In fact, Amazon’s own devices — from its tablets to Echo speakers — consistently account for eight of the 10 best-selling electronics devices.
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I agree that’s a big concern, but it’s worth taking into account the volume that these sellers do. hippo books got 131,628 feedback in the past 12 months so probably had well in excess of a million orders. If they got 99.9% of the orders right, which would be fantastic, that would still be 1,000 orders they got wrong. I don’t think 30 complaints on the BBB is a lot for a business doing that volume of sales.
Let me just point out, from personal experience, that the figures posted by Regan on how many sales we can expect a book to be achieving, depending on its overall sales rank are only good for amazon.com or english titles. Smaller markets (for instance french language books, or italian language books like mine) will have much lower sales for a certain ranking
Hi JT, as mentioned in the article, it’s based on recent sales relative to other books in the same category. By selling a copy, your rank will overtake thousands of other books instantly. If you sell 3 books in a short period, that’ll overtake a lot more books. If you sell hundreds of books in a single day, you could well jump to #1, but as your sales decline, other books will overtake you pretty easily. If you want to keep that rank, you have to maintain a good number of steady sales pretty much day in day out…
Without sales numbers we have to take these claims with a grain of salt, but it’s a safe a lot of Chromebooks were sold over the holidays. HP should be glad to see one of its Chromebooks hit the top seller list, but none of its low-cost Stream laptops with Windows made the top three.