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At what point is a Goodreads giveaway a good idea?
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Four years ago, I gave out ten free paperbacks. In those days, in the giveaway the winners agreed to give a review. I got nine reviews. I understand nowadays, according to Amazon, you can't give free copies in exchange for a review. Reviews are hard to come by.

If you are referring to an ebook giveaway through Goodreads, I can't offer any advice as I have not tried one yet. They seem overpriced to me and I would rather run free promotions directly through Amazon.

You say nobody knows who you are--how do you expect people to learn of your existence if you don't get out there and show yourself? How do you expect to get reviews if you're sitting in the dark? And you say you couldn't interest more than 100 people--you'd be surprised. I'm currently doing a giveaway, I'm an unknown, my book has zero reviews and ratings, and I've got almost 400 interested with a week to go. Even if it is 100 people, that's more people who'd know who you are than now.
Personally, I'm confident you'll move your copies (I'm assuming you have an interesting blurb). Everybody likes a free read. Don't underestimate yourself or your book. And for sure, don't underestimate Goodreads readers.

My problem is that according to my research, an ebook giveaway costs one hundred and nineteen dollars. So you see why I want to be sure I'd get well over a hundred interested. It's good to know that you've got four hundred interested people for your giveaway.

I should probably check and see what's available through Amazon, then.

I'm also unknown, that's why I'm currently trying a giveaway through Goodreads. My giveaway ends tonight and I have 760 people interested. 300 have my book on their to-be-read list, whether by accident or on purpose, I don't know but it's there for their followers and friends to see so that's exposure for me ;-) which was my goal. I'm hoping that a few of the winners will leave a review as well.

That sounds hopeful.

I think a signed copy with a bookmark is a wonderful idea. ❤️

You may want to consider a paperback giveaway through Goodreads or, if your book is only in ebook format at the moment, try a free promo. I would not advise doing an Amazon giveaway until you have a bit of a following because those are mostly entered by sweepers.

My book is only available in ebook format at the moment. How do I do a free promo?

If you are with KDP Select (amazon exclusive) you can set up to five free days per three months. Smashwords has coupon (Or you can set temporary free days. I don't know about other venues.

That's been my experience, too, Marie. But the Giveaways can cost money if you advertise them.

Good for you, Tiffany! I had a similar experience, as an unknown author.

If you are with KDP Select (amazon exclusive) you can set up to five free days per three mont..."
Thanks, G.G! I'll look into the coupons from Smashwords. I'm thinking of making my next book KDP Select for the first few months, but my current book is on multiple platforms.

If you are with KDP Select (amazon exclusive) you can set up to five free days per three mont..."
G.G., I'm looking at putting my book on Smashwords. If I upload it in Word, artwork is lost. Is that typical?

Missy Sheldrake has beautiful artworks in hers but she is exclusive to Amazon. they use a different converter.

Missy Sheldrake has beautiful artworks in hers but she is exclusive..."
Yea, I uploaded my book with images on Amazon as a pdf. Wish it were that easy on Smashwords. I may have to hire a formatter to preserve artwork and fonts.
Should I wait until I have a certain number of reviews on Goodreads, so that I know people are aware of my existence?