Todd Sattersten notes that to combat the downward trend authors can move to serialized fiction, and non-fiction authors can publish individual chapters or partial
books at the lowest price points.
No, I'm assuming that the 1.74 is an average, which if we assume a bell - curve distribution means that most authors will sell more
books at this lower price point.
Not exact matches
The latest look
book keeps with the brand's artful, vintage - inspired aesthetic (think modern texture married with vintage silhouettes)
at a ridiculously
low price point.
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.
It's been two weeks, and I've played with the
book price a little, but even
at that
lower price point it worked.
So when we started into selling electronic
books, we
priced our
books at the
lowest point allowed, which was 99 cents.
Publishers claim that Amazon's
price point of $ 9.99 «devalues»
books because it puts the e-book
at lower than a hardback.
For
books between those
price points, it's 65 %, which is a bit
lower than Amazon, BUT, you get paid off the list
price always, NOT the sale
price (which is something that Amazon hasn't been very vocal about
at their 70 % royalty rate).
Now, when you consider how much it costs to actually sell physical
books, if I can't get them
at a significantly
lower price from Amazon, then there is no
point to doing business with Amazon.
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.
«The million
books she sold on her own were
at a much
lower price point, so this will be a good test of how loyal her fans are, and whether it was the $ 2.99 and 99 cent
price tags that attracted them.
Even the trad pubbed
books are
pricing some
at a
lower price as they try to attract those readers shopping
at a
lower price point.
Speaking to the Daily Mail, David Naggar, v.p. of Kindle Content
at Amazon.com, suggested that traditional publishers should follow the lead of self - published authors when setting e-book
prices, arguing that a
lower price point is a form of marketing which would encourge more people to buy digital
books.
I also agree with your
points: - print
books give more «physical» pleasure - the ebook should bring an added value vs. the print copy and / or
at a significantly
lower price.
And it is based on the assertion that
books are guaranteed to sell more copies
at the
lower price point — that the
lower price point will automatically bring in these new readers.
Nor can they guarantee that if the publisher first
prices the e-
book at $ 14.99 when the hc comes out, and then drops it later to $ 9.99 or
lower, that they won't sell 175K when the
book is dropped to the $ 9.99
price point plus the 100K sales or more
at the $ 14.99 level.
At these
price points, the Color
Book comes as an interesting alternative to all the other color eReaders available out there, although you will have to go pretty
low on features if you choose Energy Sistem's offering.
This particular
book works well
at a
low price point, which is one of the reasons we decided to go the Amazon route.
* 3) Each appearance on a list gets an unweighted score based on the ranking 4) Ranking scores are logarithmically determined (i.e. top scores are much more valuable than
lower scores) 5) Each retailer weighted by approximate market share as determined by the editors of Digital
Book World and Iobyte Solutions 6) Additional appearance credit is awarded for appearing on multiple lists 7) Combined scores for the week determine final score for each title 8) Titles are ranked by final scores and also grouped into sub-lists by
price (four separate
price - band lists: $ 0 — $ 2.99; $ 3.00 — $ 7.99; $ 8.00 — $ 9.99; and $ 10.00 and above) 9) Minimum
price that appeared
at any
point during the week on any retailer is used for determine
price band (assumption that
low price is an important driver of ranking)
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.
MC: You make the
point in your
book that getting a stock
at as
low a
price as possible dramatically improves your returns, so I don't blame you with keeping your focus on getting a good
price.
The great thing is,
at this final impairment
point, everybody's still so depressed / scarred, you can probably still pick up the stock
at a
Price / Book of 1.0 or less, so you're buying at a fair / low price, with no threat of writedowns and a runway of growth a
Price /
Book of 1.0 or less, so you're buying
at a fair /
low price, with no threat of writedowns and a runway of growth a
price, with no threat of writedowns and a runway of growth ahead.
Some
book seller experts offer up advice to new used
book sellers trying to make money on Amazon, claiming you can simply buy
low sales rank
books at certain
price points to assure yourself of a guaranteed profit.
You can pretty easily see the
pricing trends here, and some quick math would show that for dates on the
low end, $ 644 you could
book those
at 1.5 cents per UR using 43,000
points.
On the other hand,
booking Mint via JetBlue's TrueBlue
points at its
lowest award
price would be a little more than halfway between American's old and new
prices...
If within 24 hours of
booking a flight, you find another flight that's
at least $ 10
lower in
price, the Scotia Rewards ® Travel Service will offer you a
points credit equal to the
price difference, per passenger.