More on amazon rankings
For kicks i’ve been tracking the amazon ranking # for the art of pm. For most of this week it’s been hovering below 1000. Right now it’s in the 400s. Which I understand to be fantastic. 2o minutes into the marathon, I’m out of breath, but still on camera and waving.
I’m trying to figure out if there’s some way to map rankings to sales figures. I mean, even the NYT bestseller list is entirely misleading. If Book X is in the top twenty for two weeks, but drops quickly after a month, its total sales will be less than a book that never makes the NYT bestseller, but hovers at the equivalent of a top 50 or 100 ranking for years.
So the same goes for the amazon ranking. It’s hard to map that number to actual sales, and it’s hard to connect the ranking number to book quality. The best book in a category is unlikely to stay highly ranked in hourly sales figures, but would score very well in lifetime sales ranking for its category.
For example, Mythical Man month is currently ranked #1386, but is the best known book on software project management ever. Its lifetime sales per category is probably #1.
Now amazon does track per category top 20 lists – but what i can’t figure out is its correlation to the master amazon rankings. I’ve seen the #5 book in a category have a higher amazon sales ranking than the #2. Not sure if this is a timing issue – those stats are updated at different times, or if there’s some funky math in what constitutes a sale in a given category.
And of course, the bigger question that renders all this number watching useless: what percentage of total book sales are through Amazon? I have no idea. I suspect it’s higher for tech-sector books, but what is the baseline? Do the amazon trends jive with other online sellers? physical in store purchases? I haven’t found anyone who’s written about or researched this. All these questions are a big motivator to not spend much time watching little numbers go up and down.
Have you read Amazonia [0] by James Marcus. If you have read the book then you might be familiar with CO-OPT ing of book titles Marcus details. (ie: payment for placement of strategic titles on certain pages).
Marcus was senior editor for Amazon Books for 5 years. His story is one of a typical startup except this one not only survives but conquerors. But it is a story that can be summed up neatly by a question JB asks at his initial interview, “how many books can you review in 1 hour’. The march to a automated review was on the cards even before he started working there.
Amazon is pretty keen to automate everything, but do you think the the rankings are deviod of manipulation?
Reference
[0] Amazonia James Marcus, https://www.amazon.com/exec/obidos/ASIN/1565848705/scottberkunco-20/
ps: the website form box does not regex for entered ‘http’ in the URL, meaning if you enter ‘http://foo.com/bar’ it will result in ‘http://http//foo.com/bar’. A notice with example would help here.
I figure a good way to look at these things is to see the value in the secondary (2nd hand) market such as Amazon’s marketplace.
If the price is high then that may indicate good demand for the book or a shortage in supply.
If you then contrast that with when the book was published and lead times (how long from order to delivery) that might provide more clarity as well.
HTH
Ed
Here’s an interesting link that estimates how many books are actually being sold based on amazon sales rank:
http://www.fonerbooks.com/surfing.htm
And here’s one that tracks the amazon sales rank of books over time:
http://www.junglescan.com/
Rob
http://www.softwarebyrob.com