When I first published Titan: The Midnight Hour one of the big decisions I had to make was how to price the e-book on Amazon. There were many theories around how to select your price and what would work best. With Amazon you can choose the 70% royalty rate or the 30% royalty rate. The 70% sounds best as the author trying to make money with your book, but there are many who believe that the 30% model works best as you can sell for $0.99, and that is how you sell the most books as an independent. I thought the $2.99 price line at 70% royalty was best for me at the time. I am thinking, however, that I may switch 'The Midnight Hour' to $0.99 after the second book is released. That, I think, is the only way to really test both sides and then I will have a much better idea what will work best.
Of course I also want to test the e-book market on other platforms and not be sold exclusively on Amazon. My sales have been okay (1700 books total so far) but I have no reason to think that what I have done is far from the best model to use. For those of you deciding to do this on your own as well I would suggest you do lots of research and read testimonials from otehr authors who have done the saem things you are thinking of. Of course there is no way to know until you jump in and try things out.
No comments:
Post a Comment