New Bestseller List Looks at Money, Not Copies Sold

Aug 22, 2012

Apparently the number of copies sold is no longer a good enough indicator of bestsellers. With more inexpensive indie books hitting the ebook "shelves" and, eventually, the best seller lists, Digital Book World decided to take on the task of coming up with a more accurate picture of how the books are selling.

Sales--like a Kindle Daily Deal--have been propelling ebooks to the New York Times ebook bestseller list, according to paidContent. Digital Book World--by taking price point into account--is hoping to filter the higher earning books to the top of the heap, rather than letting a sales spike propel inexpensive books to the top.

While all the parties involved in the list are unabashed ebook supporters, one has to wonder if it matters why someone bought the book, so long as they did buy it. With ebook analytics becoming more and more popular, it's becoming possible to know almost everything about how readers interact with a book. Will we start looking at how many people actually open the book--or finished it--before deciding whether or not it deserves a place on the bestseller list?