This is a perfect and a fantastic story that illustrates what I have been saying for years.
For self-published eBooks, the price must be right or no sales will be made. In this case, self-publishing to Kindle in only eBook format, this unknown author of YA romance fantasy novels has now grossed over $2 million and averages 9,000 sales a day, with her books priced
ONLY AT
99 cents to $2.99.
I told you the price should be low.
I continue to be miffed at self-published eBooks by unknown authors who demand $20, $30, or $40 for one eBook. That is just too much money to gamble on an unknown author. Sales will be few and far between.
The marketing gurus who (also make money) by counseling would-be authors to self-publish to eBooks often encourage them to overcharge. They are behind the "you deserve $20-$30-$40 per book" idea.
I will never pay more for an eBook by an unknown author than I'd pay for similar content in a paper bound book published by a real publishing house after real editing. Period.
Here's the story about formerly unkown author Amanda Hocking who is now a millionaire: Want to be a Kindle Millionaire?
Kudos Hocking for making big bucks and for doing it by offering very reasonable prices to your customers!
Hat Tip: AnnKRoeker on Twitter
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1 comments:
I could not agree more! If you're going to have to pay the same as you would for a print book, just buy a best-seller you actually know something about!
It especially irks me that they're so pricey because they cost next to nothing to make and distribute. Of course, there's definitely something to be said for the creative effort, but...
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