Monday, September 24, 2012

pricing adjustments for Indies


on Dean Wesley Smith's blog (it's mostly about his books but with valuable advice for Indie authors), I found another argument for higher prices for eBooks. The times where readers thought 2.99 too high for a digital file finally seem to be of the past. Of course, in his article, he gives many reasons that I don't want to repeat. But they seem logical. That said, in Germany, the eBook revolution is not as far as it is in the US, so I'll kep the prices slightly below what he suggests. From late October on, my prices will be as follows:

— Novels                                                                                          English   German
Front list, meaning brand new. Over 50,000 words.                              $7.99        5,95 €
Shorter front list novels, meaning 30,000 to 50,000 words.                   $6.99        4,95 €
Backlist novels, meaning already published by a traditional publisher.  $6.99        4,95 €
— Short Books
Short books, meaning stories from 8,000 words to 30,000 words.         $3.99        2,99 €
— Short Stories
Short stories … 4,000 to 8,000 words.                                                   $2.99         1,99 €
Short stories under 4,000 double with another bonus story…                $2.99         1,99 €
— Collections
2 stories (no bonus)                                                                                 $1.99        0,99 €
5 stories                                                                                                  $4.99        2,99 €
10 stories                                                                                                $7.99        5,95 €

I believe these prices are fair, considering all the work I put into creating quality eBooks (also with slightly higher prices, I can afford to get another proof-reader to look at Amadi, since a reviewer pointed out some mistakes my first proof-reader obviously missed. Nasty surprise for me). I will keep "Urchin King" and "Amadi, the Phoenix, the Sphinx, and the Djinn" at their current prices until Halloween. Then, they will go up. So, if you haven't already, get yourslef a copy. And if you like the story, please leave a review. They are essential for Indie authors like me.

How do you price your novels? Do readers value the value they get? Do you get feedback and/or reviews? Tell me.


Giora said...

I don't have any e-book, so have no experience with pricing. Your prices are fair, taking into account the time you put into writing. But in Amazon Kindle store there are many long novels for lower prices. Your best strategy is to change the prices every month and keep record. That way you will find what is the best price for you and buyers. You also have to decide if you want to publish with American print publisher. They are likely to be interested more with how many copies you sold, not so much the price. Alles Gute.

Cat said...

Thanks for the comment, but I'm not interested in publishing with a traditional publisher any more. Also, I'm not interested in giving away good novels (and I know they're good because my German gent and several German editors told me so) for less than they are worth. Of course, I will do occasional bargains (get two for the price of one or some such) but the basic price structure will be as stated in my post.