The rankings for Amazon are calculated roughly every hour by data on book sales, nevertheless the factors considered by the e-commerce giant’s algorithms remain largely a mystery.
“This kind of will be like the most closely guarded secret inside the universe,” Ellen Geiger, vice president as well as senior agent at Frances Goldin Literary Agency, tells CNBC Make This kind of.
While This kind of isn’t clear exactly how many copies of a book must be sold to break into a slot on the list, a 2013 study of Amazon’s best-sellers list for a two-week period by Publishers Weekly found that will “a title in Amazon’s top all 5 averages 1,094 print copies sold across all channels, including some other retailers, on a typical day.”
Since Amazon updates its rankings so frequently, “genuinely what This kind of measures will be velocity of sales … over a short period of time rather than an absolute number of sales over a longer period,” says Caroline Eisenmann, an associate agent at Frances Goldin. “What This kind of reflects will be how a book will be selling relative to the some other books on Amazon during any one time.”
Still, that will No. 1 slot in books will be certainly an indication of a buying spike.
“If a book has cracked the top 100 as well as as well as particularly the top 20 as well as stays there — the duration will be a huge part of This kind of, if This kind of stays there for a few days — that will will be generally a very strong sign that will This kind of will be going to be a brand-new York Times Best Seller as well as that will This kind of will be going to start showing up on some other lists,” Eisenmann says. “To hit that will top slot will be huge. This kind of means that will a book will be selling hugely during the period This kind of will be there.”
Currently, the holder of the highest-selling nonfiction Discharge will be Hillary Clinton’s “What Happened,” which sold 300,000 copies in its first week, according to publisher Simon & Schuster, as reported by Fortune.