Not exact matches
How to
Sell at Margins
Higher than Your Competitors: Winning Every Sale
at Full
Price by Lawrence L. Steinmetz, and William T. Brooks This is
book discusses the importance of margins in setting
prices.
They've been
selling properties
at deep discounts to already written - down
book values, but
at prices high enough to more than justify today's depressed share
price.
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.
The
pricing of a Featured
Book Posting is $ 100 if your book is priced as a free title on the day of promotion, and $ 125 if your book is priced at $ 0.99 or higher on the day of promotion: these spots tend to sell out well in adva
Book Posting is $ 100 if your
book is priced as a free title on the day of promotion, and $ 125 if your book is priced at $ 0.99 or higher on the day of promotion: these spots tend to sell out well in adva
book is
priced as a free title on the day of promotion, and $ 125 if your
book is priced at $ 0.99 or higher on the day of promotion: these spots tend to sell out well in adva
book is
priced at $ 0.99 or
higher on the day of promotion: these spots tend to
sell out well in advance.
Amazon is talking about ebook sales going to authors while print
book sales would go to Hatchette and if Hatchette had agreed to this - showing they cared about their authors - Amazon would go back to large restocking / reorders on print
books, discounting print
books instead of
selling them
at the absurd
high prices set by Hatchette which they've been complaining about, and re-enabling pre-order buttons.
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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.
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!)
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.
In fact, we've had authors order OTHER authors»
books at wholesale
prices when they knew they were going to be attending a major
book event, because anytime you buy low and
sell high you have a profit - generating opportunity.
Conversely, depending on how much a title
sells for you might make close to what you would for a sale if your title is
priced at $ 2.99 but you will make substantially less for those
books priced higher than that.
You have the best shot
at KINDLE sales, yet your Kindle
book isn't
priced to
sell, it's $ 8.99, that is WAY too
high.
There are other companies
selling my
book at lower /
higher prices than Amazon.
If he
prices it too
high, the store doesn't
sell the
books at all.
So an app disguised as a
book can be
sold at a
higher price.
Mark went on to mention «If an author can earn the same or greater income
selling lower cost
books, yet reach significantly more readers, then, drum roll please, it means the authors who are
selling higher priced books through traditional publishers are
at an extreme disadvantage to indie authors in terms of long term platform building.
Such a low
price could set a new expectation in readers» minds about how much
books are worth and put enormous pressure on traditional brick - and - mortar booksellers
selling print
books at considerably
higher prices.
Finally, there is some sound advice around
pricing your
book much
higher than it
sells for
at full retail.
But Digital
Book World has been at work on a more accurate picture of how books are selling, since the typical lower priced indie ebook may sell more copies but actually make less money than a higher priced, traditionally published b
Book World has been
at work on a more accurate picture of how
books are
selling, since the typical lower
priced indie ebook may
sell more copies but actually make less money than a
higher priced, traditionally published
bookbook.
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.
If recent videos of the iPad posted on Apple's Web site are any indication, Apple will be
selling the same
books at higher prices...
If your
book isn't
selling well
at a
higher price, lower it and see if that makes a difference.
If your wholesale cost per
book is so
high that it makes it difficult to
sell at a competitive
price, it may be worth considering republishing through a less expensive publisher (CreateSpace for black and white interior or Ingram Spark for color interior).
I believe that the whole KDP thing has devalued Indie
books to an extent that it is not worth getting the 15 % of my sales as borrows, but take them out and
sell more copies on the other sites,
at a
higher price.
I would bet that if you
priced one
book at 99 cents, and then had a lead in from that
book to the second
book (with a sales page), you could
sell the second
book at a
higher price — possibly even
higher than $ 4.99.
The cost investment is minimal, the profit is
higher, the discount
price for Kindle is
higher (by that I mean they'll show the Kindle
price and say «70 % discount» because they base it off the TPB
price) so that looks better, and you have
books to
sell at public appearances and craft fairs.
After you have established yourself as an author and have between 50 - 100 reviews (with an average of 4 stars), you should start
selling your
books at a
higher price.
The cost per
book for PoD is also going down, a few years ago, the PoD printing cost was
higher than the retail cost of an offset print
book, then it dropped so it was lower than the retail cost of a similar sized
book, but without sufficient margin to allow you to
sell to bookstores
at 50 % list
price (let alone deal with the returns).
Amazon really should make sure that no
books are being
sold at higher prices than paperback editions — that's irreparable damage to the Kindle's image as a money saver.
You can
sell your novels
at a
higher price in Germany than in the US because Germans are used to
books being more expensive.
Second,
books sold at the
higher royalty rate receive 70 % of the SALE
price, not the list
price you set, and Amazon checks other retailers and will discount your titles to match the lowest
prices it finds elsewhere.
Very short
books don't have much choice; they might not
sell at all for a
higher price.
It's interesting to think that KU encourages authors to
sell their
books at a
higher price.
For everyone else, only Amazon gadgets match the online
prices;
books and other items are
sold at an often -
higher list
price.
On the one hand it reinforces the idea of ebooks being «worth» less than physical
books and on the other, the
price of physical
books is too
high, why else would retailers be
selling them
at such large discounts.
My
book will lead to a course that I can
sell at a
higher price.
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.
Publishers will
sell books through Apple's iBook store
at a
price of their choosing, probably
higher.
You have to
sell 6 times as many
books at 99 cents to make the same royalty
at $ 2.99, plus the
higher price suggests
higher quality than 99 cents.
Generally, a rating of
at least 4 stars or
higher is what we like to see, but we understand that
books sold at reduced
prices for extended periods sometime get reviewers who really weren't the target readers, and they leave poor reviews.
Sadly, like many other commodities, I think we may end up with a tiered market, where the
higher end businesses
sell better product
at higher prices, but fewer products, and then we'll have the dollar store version of
books, where you get what you pay for, which for the most part is junk, but you know, people buy it anyway.
It cites its own studies, which show that compared to an e-
book costing $ 15 (a bit
higher than average for an e-
book across all digital marketplaces Electronista looked
at), the same
book priced at $ 10 would
sell 1.74 copies for every one copy
at the
higher price.
If you go online and find the best possible people in editing, artwork, layout, formatting and printing — not the cheapest or even the most expensive, but the best for your specific
book — you won't pay half of what a vanity press will charge you just to get started and you'll end up making a much bigger profit, not just because you aren't sharing with a general contractor, but because you end up with a
higher quality
book that will actually
sell at a
price people will actually pay.
It is true that some particular author might
sell more
books at the
higher price, but they will be in a minority.
Often people don't actually have your work, even when they
sell your
book on ebay, they are just taking the details from amazon and making a product listing
at a
higher price, so IF it
sells, they'll buy your
book and order a copy... so it's actually free marketing for you.
Let me see if I understand this; when I sign a contract with a publisher, expecting that publisher to properly exploit my work by
selling it in every market possible, and said publisher doesn't do that because they want to keep the
prices of my
books high when Amazon wants to keep them low and
sell more copies thereby making me more money via volume, I'm supposed to get angry
at Amazon and not my publisher?
And if you
price the
book too low, it signals potential readers that you don't value your writing enough or that you're desperate (probably because it isn't
selling at a
higher price, probably because it's a poorly written
book).
But with respect to the agency discount, Amazon demands that all non-Big-Six trade publishers
sell it their ebook and physical
book wares under the old trade discount model, which requires only that Amazon buy inventory
at roughly 50 % off the publisher's suggested list
price (the discounts vary by publisher and can run as
high as 55 %) and is silent on
pricing — allowing Amazon to discount as steeply as it wishes to win over customers.
iBooks
prices are slightly
higher than those of its competitors (
selling at $ 15 per
book), but the
price is expected to fall once more iPads are distributed.
Though it's not possible to calculate how much money an author with that many sales has made without knowing the
price of each ebook, every writer who has
sold this number of
books has made between a low of $ 17,500 (if every
book is
priced at only 99 cents, for a 35 % royalty rate) to a
high of $ 350,000 (
at the
highest rate that KDP allows — $ 9.99, with a 70 % royalty rate).