Self-publishers who have opted out of Amazon’s KDP Select are free to distribute their e-books via other platforms, as well as Amazon.
Individuals can also purchase e-books directly from Smashwords, from where they can choose to receive the e-book in a variety of formats, for example .mobi for Kindle and epub for Kobo, Nook and tablets.
In order to encourage these individual purchases, Smashwords lets authors create money-off coupons to distribute directly to selected readers (such as book reviewers, competition winners etc.) or more generally via social media. The author selects the discount percentage (up to 100%, thus making the book free), the expiry date and the number of redemptions (for example only the first 100 customers using the coupon will get the discount). Smashwords then generates a discount code for the author to distribute as he chooses.
I’ve been playing around with the Smashwords Coupon Manager and have created a 50% off coupon code VZ95D for Bedsit Three. It’s valid until 31/10/2016 or for the first 50 people – whichever comes soonest.
So, if you’re fed up of Amazon’s supremacy, try buying your Kindle e-book from Smashwords and save some money too!