Pricing wine,plans to build a toy box uk,easy corner desk plans,make desktop icons permanently - Reviews

30.10.2014
Last week, we looked at reasons why new, independent authors often feel they need to price their novel-length ebooks at 99 cents (and why they probably shouldn’t).
The last I heard, traditionally published authors were averaging around 25% of that 70% on ebook sales, and then 15% of that number goes off to the agent. Self-published authors, do you feel that your novels should sell for the same price as Big 6 published ebooks? In case anyone is wondering, no, I’m not planning on raising the prices on my own novels (no matter what the results are of this informal poll). John Locke started out selling all of his Kindle novels at 99? on purpose and sold one million of them in five months. But there’s a third reason why my book is not a 99? book, and I say so in the introduction: too often, something that is obtained at zero price is treated as if it has zero worth. Unless you’re using a 99? book as a loss-leader introduction to the rest of your writings, I’d think long and hard about setting a book’s price that low. I am immensly interested to see readers responding to this, becasue I’m considering self-publishing and have no idea what prices to set. I don’t know if I can speak for the wide range of consumers, but I am living literally hand to mouth. That was, until I got my Nook and learned about how much stuff there is out there in my price range.
Of course, those of you who don’t have to plan your budget around haircuts once a year might have different spending habits.
I’ll pay the same as I would for a paperback (around $8) for a professionally written book by an author I know.
Some self-published books are great, but I’ve also read some that read like rough drafts and I kick myself for spending any time on. I do read self-published books, of course, but anything over $5 makes me think very hard about the purchase.
If e-books are in the $2-$5 range and catch my interest, I’m more likely to just buy. I agree with Chandra, I’m quite poor and so I almost never shell out 10 bucks for a book.
Maybe it’s me, but as a kid I got used to buying my (adult) books at around the $5 price point. I recently bought some used books published in the 80s and y’know what they were being sold at? The only way I could ever spend over $7 on an ebook is if it was a non-fiction and I knew I could learn something from it. I raised the price on my book to $4.99 before a free day, because I wanted to see if a higher price point made it a more appealing free day download. Now, before anyone gets mad that I only buy free books, I am a person who feels authors (artists) should be paid.
I would say my price point is the old paperback price of 3.95 and anything more than that is too much in my eyes.
To get me to buy a book at all (besides a friends recommendation and even these need an incentive of some kind), there has to be a give-away free book before I’ll buy any others. On the contrary, I find it reassuring there’s readers such as yourself willing to try out so many free novels. Something else authors might want to consider is to look at the pricing in your sub cats and look at what the median prices are.
As a reader, part of why I’m looking at indie authors is that the Big Six have been setting the prices too high in a panicked response to how the market is changing with regards to e-books. That being said, I have paid 9.99 for an e-book before, when it comes to specific authors that I want to support.
I’m shocked when I see some of the traditional ebook prices, especially when they are higher than the cost of the mass market paperback of the same book!
I do think that the traditional publishers are pricing too high, but that’s their choice. I do a lot of reading, so I like reading free and up to 2.99 stories to just try out new authors that I never heard of. I am willing to pay up to $10 for fiction books immediately only if its a book that I’m anticipating by an author who is consistently wonderful and for whom I feel loyalty. One thing that I will NOT do is spend $7-$12 for an e-book version of a book that’s been out for decades and the author is no longer alive. As a result if there is an author I love from one of the big 6 whose new book is heftily priced $10-$12 I will occasionally buy it.
For an author I have never tried if I like the sound of their work and like the reviews I am happy to give them a go at $0 – 4.
I find it really unfair when an indie author tries to say that their 20 000 word novella is worth $3 or $4 dollars. Readers are still riding that bandwagon, but many of them seem to be more discriminating now, and willing to pay more for a quality ebook.
I find it amazing that more readers don’t take advantage of the sample that is available in all ebooks. I have a kindle, and I download free books that seem interesting to me, and that have received good reviews. As a writer, I think we need to keep our audience in mind, and whether we’re pricing ourselves out of the competition. I found Lindsay though the Flash Gold series (yes, the free loss-leader), and liked it enough to buy the second book, and liked that enough to try the EE series.
I admit to being somewhat offended by some publishers ebook pricing – $12 for an e-book?


And to those publishers who excuse pricing e-books high for a year as to not cannibalize hardback book sales and claim the e-book price will be lowered eventually?
2) consider lower teaser prices on series intro books, but be sure the quality is excellent, or the reader isn’t going to come back. When thinking how to price your product one of the most important things to consider is that pricing your product to be cheaper than all your competition is not usually a very good idea. There is a very strong case for charging more than your competitor does, especially if your product or service stands out (and it should).
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Clipping is a handy way to collect and organize the most important slides from a presentation. Perhaps as a backlash against all those 99-cent ebooks, and the fact that some readers may assume cheaper novels mean inferior novels, some self-published authors are heading off in the other direction. Or do you feel that the higher royalty you receive means you can make your books more affordable?
I just thought we might get some helpful feedback for those who are deciding on a pricing model for their work. Maximizing your financials is a juggling act between your sales numbers, commission percentages, and your loyal readership. I have to think really hard about spending more than $5 on a book whether it’s print or digital. I didn’t even BEFORE the e-book revolution, unless it was something I really really wanted. I’ve rather felt ripped off since those couple years when inflation rose and books hopped to around $7 then $10 (not to mention hardcover new releases).
Ido consider the book a gamble I don’t usually want to pay more than I do for a soda, candy bar, or some other frivolous purchase. If the public library doesn’t have it or the wait list is 20 people long, then I start comparing ebook vs print price.
Otherwise, I just roll my eyes and wonder how on earth these people make a living, with prices like that? Even if you never spend a cent on a book (though it sounds like you do as well, anyway), just passing on word of mouth recommendations for the good books can be invaluable for authors.
Jim Butcher and his latest Harry Dresden book come to mind, partially because the publisher was resisting making the e-book at all and Butcher had to fight with them over it.
It makes no sense to me to pay that much for something virtual that has little to no manufacturing cost.
I have gone over the $9.99 mark I think three times in three and a half years, for books that I really wanted to read which were still in hard cover. I prefer ebook format now that I have an iPad, so I really don’t care what the print version costs anymore. Though as a reader, I generally only pay $5+ for an author I already know I’ll enjoy, or someone I know online and want to support. The first indie authors out there played the loss-leader game of attracting skeptical readers by giving books away or pricing them at 99c.
Quite often, after reading a sample, I decide not to buy the book, but I have found few disappointments, after reading an entire sample, IF I elected to purchase it afterwards.
I subconsciously expect to get a flimsy, short novella for that price – or worse, a 3,000 word short story. In days gone by setting your selling price was quite straightforward; you decided how much profit you wanted to make on an item, and simply added it on to your cost price.
Apart from any other consideration, do you really want to be the lowest paid business owner in your niche? A higher price will automatically equate with better quality in the customer’s mind and they may well be prepared to pay the extra.
There are plenty of people out there who have a lot of money to spend, even in the present economy, and they will quite happily pay a LOT of money for a really top-quality product. There are many others and if you start thinking creatively you can make extra profits from selling the same products.
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If people will buy your books at $8.99, and you are satisfied with the sales numbers, then that’s your price. I don’t know how, or if, that has changed his sales numbers, but he obviously now feels comfortable selling his books at a slightly higher price. While the cheapest do appeal I have come across a few serious duds at that lower end of the scale (though I am reading a brillant 99center right now).
The 99 cent price point is for short stories, loss leaders, and the dregs of humanity that will be first against the wall when the revolution comes. If you (you being the hypothetical author, not you specifically, Lindsay) want to charge the same price as a publishing house, you’d darn well better put the same effort into making that book as polished as it can be.
What indie authors have done for me is that they’ve given me the opportunity to buy and read more books by great writers than ever before.
With that being said ever since I got into ebooks I have been burned a terrible amount by books that were just awful. If its someone I read and I enjoyed the books, well then whatever the price they set on future books, within reason, I will probably buy it. Any higher, and I really prefer to have a paper copy in hand and I’ll order it that way. And it worked for many of them, especially those that had a good enough story to sustain reader interest.
It seems most of the commenters on your blog like the $4.99 price point as the line between sale or no sale.
I know others who said they’d gladly pay up to $10 for a sequel in a series they like. They might even look at your lower price and think that there must be something wrong with the product or that it is poor quality simply because you are charging less. The baker charges much more for his bread than the supermarket yet he sells out every single day. How often do you need two batteries yet find you have to buy four because that\’s how they are packed? However, if you take nothing else away from this remember that, unless you can guarantee to sell a huge bulk, selling cheaper than everyone else is just going to make you the poorest businessman in your niche.
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When a brand new author with no other work puts their novel out for 99 cents all I can think is, “This is going to suck.
Anecdotally, I’ve noticed fantasy readers are more critical of lower prices than thriller readers.
So you can never underestimate the emotionalism that can go into a purchase decision, if you’ve built up a fan base that trusts that your next book will deliver on their enjoyment factor and are invested in you as an author rather than just picking up a book that looks interesting.
Of course, my limits may be based on the fact that I have approximately 200 books on hand to read and I really don’t need to buy any. Yet many businesses think that if their price is the lowest they will automatically attract the most business. So not only does your competitor get more business, he makes more profit on each individual sale especially if your cost price and his are the same. How many Philippe Patek and Rolex watches are sold every day – many of them costing upwards of $20,000? This would be the difference between getting them in for half price or not getting them in at all. If it’s over $5 and there was no editing done on the book whatsoever then I am going to be angry and my review is going to reflect that. For those Omnibus collections I would consider paying more, but I’ll research the individual books first to determine how good a deal it is. So if the profit was to be 50% and the cost price was $8 then the selling price was automatically $12. This could be true and yet you could still finish up earning way less than your competitors. Provided your cinema was not going to be full in any case, if you get them in for half price you have made extra money that you would not have had otherwise. If you put the work into a book and you spent the time to have it edited and made sure it was as good as it could be before you put it on the market, well you should get your money for that effort. I’m a but of a penny pincher when it comes to books because there really are limitless options. Maybe offer six bottles of wine for the price of five; your customers were only going to buy one or two bottles but now you sell six. If you write the book and then just put it out there for us to read, expect to get burnt for it. With my non-series books I have been experimenting with price points as high as $5.99 for books. Since I priced the first book for FREE it has propelled my sales of my print versions as well with 10,000 free downloads a month on Amazon alone. My local supermarket has a permanent offer of 5% discount when you buy six bottles of wine.




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