Amazon's new Kindle Countdown Deals - worth checking out

Recently, Amazon has announced a new feature on their Kindle store: Kindle Countdown Deals.

This allows Kindle-exclusive ebooks to be discounted for a limited time.

The following link provides an in-depth look into this new feature.  One of the high points of this program, I see, is that there is a special list that these books will appear.  Here's the link.  I'm going to try this out, and will let you know what I discover.

Some of the features are:

1) deals are time-based - hence, the name countdown.  Not only does the author have control over how much time is left, the readers see that time as well.

2) royalty rates are retained at the lower price - this is an incredible feature, for typically ebooks selling below $2.99 have a much lower royalty rate than those priced $2.99 or higher.

For those self-publishers out there, you might want to give this a try.

Here's the link explaining the new program.

Note: my thriller novel Beholder's Eye (Central Division Series Book 1) is currently on the Countdown program.  It is normally $2.99, so if you want to pick up the book for less, please click on this link to pick up the book on the Amazon Kindle store.

And here's a copy of the new cover.  Let me know what you think: