Sometimes they» l fuss about
the trad pub prices, but don't seem to realize why there is a price different in my series.
Not exact matches
I was discussing this with someone yesterday, going back and forth at possible explanations, which included that self -
pubbed authors tend to work the review mines harder than their
trad pubbed peers, or have more support from other indie authors reviewing, or get higher ratings due to the generally lower
price of the work (greater satisfaction due to a
price / performance expectation).
They decided early on to fleece indie authors by charging exorbitant
prices — when we all know
trad pub pays pennies for each ISBN they use — and indie authors decided that they weren't going to play along with this little game.
I've been fielding emails for years from readers asking why that book was
priced so high when the rest of the books in the series (this is the series that started out in
trad pub and that is now self
pub) ranged from free to about $ 4.99.
If you wrote and published just a little bit more and did some of these as self -
pubbed books at a lower
price range to go along with your
trad pub deals, I'll bet you could make a lot more.
I am sure there are some people they are paying these
prices, but as people find out there are so many books for so much less,
trad pub will find it harder and harder to justify their
pricing.
There I read reviews, compare the wonderfully low
price of ebook (or not if it is inflated by
trad pub).
Readers are seemingly becoming averse to these higher -
priced books and, as a result, are buying
trad pubbed books less often.
Add in the
price factor (Print On Demand books tend to be more expensive than
trad -
pub print runs), and it's tough to get those paper books into kids hands.
I'm getting great reviews, and so many people are begging for book two in the series, but have I the guts to say my book is therefore equal to
trad pub and
price accordingly?
Now that
Trad Pub capitulated, problem solved, and everyone can return to making money —
Trad Pub still can retain the power as gatekeepers that will maintain their effective monopoly over content, Amazon gets to make lots of money and satisfy their lower
priced segment with its own offerings, and indies can scrounge for pennies.
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.
What that will accomplish over time is that the lists will feature mostly higher
priced books, setting a self - fulfilling prophecy for the
trad pub titles (and of course, Amazon's own label) and hurting sales for lower
priced titles.
That means that indies can't compete with
trad pub titles for visibility, as they don't have the same tools — they can't set a list
price, and they can't
price their books over $ 9.99 (unless they want 35 % commission, which would be daft).
Pricing of E-Books
Trad -
pub e-books are usually
priced close to the paperback
price (and sometimes above!).
And small presses generally
price higher than self -
pub, maybe even as high as
trad -
pub (although some are learning the advantages of low
pricing).
Pricing self - published books under $ 5 gives them an advantage over
trad -
pub books on
price, which helps make up for the disadvantage of being a relatively unknown author.
Pricing of Traditionally - Published E-Books
Trad -
pub e-books are usually
priced close to the paperback
price (and sometimes above!).
For
trad pubs, I'm generally not interested in their products (regardless of
price) except when they're reprinting boks by favorite authors.
(As an aside, I suspect if I dug into the publishing contracts with many
trad pubbed authors, I'd find a clause that cuts their royalties to almost nothing when the selling
price of a book is greater than a 50 % discount.
The other is that since Amazon got lower
prices from
trad publishers, the
price of
trad pubbed books is through the floor.
We indie authors used to compete with
trad pub with cheaper
price.
We (
trad pub) have control over our dashboard for everything except
pricing.
Being a brand new author with no following does tend to suppress
pricing options, which is why so many great mid-list writers in
trad -
pub never got the chance to build a following.
Instead of the tsunami of crap so many predicted, a bunch of great writers who were denied a real chance in the
trad pub world started delivering amazing quality at low - low
prices.
My opinion is that if I am paying a bloated
price for a
trad pub book and the profits are going into the maw of the mothership of a multi-national corporation, instead of to the writer, then I will buy indie except for the very small list of writers (some of them yours) that I support because I consider them friends.