They're also offering better royalties for
books at higher price points: for ebooks priced from $ 10 to $ 199.99, the royalty is 65 %, up from 40 % previously.
Do you have
another book at a higher price point?
I appreciate that Amazon is working to try to stop people from gaming the system, I just wish they stop people from gaming the exclusive list at the 99 cent price point, because that hurts the people selling real
books at higher price points.
Not exact matches
The special edition will come
at a
higher price point and include a CD and what appears to be a map and art
book.
However, if you want to make the most money (especially on Amazon, which only allows authors to receive 70 percent in royalties if the
book is
priced at $ 2.99 or
higher — $ 1.99 and $ 0.99
books only allow authors a 35 percent royalty rate), then $ 4.99 appears to be the best
price point for selling a good amount of
books (though far less than with a lower
price point) while making the most in profit.
They're doing this by: — not listing Hachette titles — setting Hatchette title
prices at (sometimes extraordinarily)
high price points to discourage readers from buying them — setting shipping dates for already - available Hachette
books at 3 - 5 weeks out, instead of making them immediately available — suggesting other
books when readers search for Hachette titles
You need one or multiple
books at a
high - enough
price point for it to be worth their time.
I get it about setting a SLIGHTLY
higher price point to gain more overall cash, but to make a new bestseller
at $ 16 in paper and sell the same
book for $ 13 in e-format is highway robbery.
While that
price point may seem a little
high for an unknown author — many self - published authors keep their sales
at $ 4.99 or less, with $ 2.99 being a fairly standard ebook
price for indie works — given the argument that the cost of the
book is in its initial creation, it makes sense.
Get them reading this
book by offering a great deal, and save focusing on selling them something
at a
higher price point the next time around, once they're already familiar with (and in theory liking!)
To the
point, why take 1 - 2 years to write a good
book at a
higher price than spend less time on a $ 0.99
book, the industry can allow for both without a big publisher being involved.
Some of the things I suggest are controversial; but even setting your
book for free to get more downloads will be much more effective than marketing your
book and trying to sell it
at a
higher price point.
At this
point in time, the
book app
price of entry for authors and even some trade publishers is still to
high.
«Audiobooks have been
at a
higher price point typically, but I don't know if that's going to continue as the business expands further and further, but right now I feel that's where the most revenue is made in terms of
book sales versus an ebook.
Where a print edition of a large - sized popular children's title can easily run as
high as $ 30US, the justification for keeping children's
books at an unbelievably
high price point on e-reader seems built in.
Data shows that authors who sell their ebooks
at a $ 2.99
price point can actually end up earning more in royalties than authors whose
books are
priced at $ 6.99 or
higher because they move more product.
This way, readers can try your first
book at a low cost, get hooked on the story and want to buy the rest of the
books in the series
at the
higher price -
point.
Based on the data, I'm doing a disservice by offering the
book at $ 0.99 and underperforming
at a
price point that's 25 %
higher.
This
price point gives them the leeway to move the
book down to $ 0.99 for promotions or to test the
book up
at higher price points.
A
book priced at $ 27.99 would likely be a hardcover, and authors typically earn a
higher royalty rate (2
points higher) on hardcover than they do on a paperback.
She will explore her strategy behind selling
at higher price points; taking advantage of the global market via a combination of licensing and self - published translations; diversifying her author portfolio by branding two names (Bella Andre and Lucy Kevin) in two distinct sub-genres; entering the audio
book market as an indie; and the surprising lessons she's learned about metadata.
You could more than make up for a
higher royalty per
book (using a
price point of $ 2.99 or above) because of the
higher quantity of
books sold
at the lower 99 Cent
price.
Living the dream on card rewards Those who don't know us very well may think we are living the
high life, but the truth is that our $ 250 hotel room near the line of totality during the eclipse was
booked for 3,000 Starwood Preferred Guest
points; our flight to Wyoming was 100 percent free on a private plane thanks to a crazy JetSmarter promotion for those who could prove they had a million miles; our resort complete with water slides and a lazy river in San Antonio was
booked using an annual credit card award night when the room normally costs $ 300 - plus per night; our amazing room
at the Park Hyatt New York was
booked using 30,000 Hyatt
points per night when the selling
price was almost $ 1,000 per night; and most of our other flights were
booked via a collection of airline miles and credit card
points that were primarily earned by leveraging our everyday spending for major rewards.