Kindle Forum banner
1 - 20 of 30 Posts

·
Registered
Joined
·
918 Posts
I tried 99 cent pricing for a while, but it didn't work for me.  So I made a decision I would stick with 2.99 for the long haul.

Just goes to show you. :)  Different strokes.
 

·
Registered
Joined
·
648 Posts
LOL Welcome to the Dark Side.  It hurts, I know, to lower a price to .99, given as some people with their noses scraping the ceiling seem to feel that reflects on the value of the book itself...which is rubbish.  Stores do it all the time as loss leaders.  I've done it a couple of times...even gone the Free route *gasp* (and have one free over at SW at the moment) and I have to say my sales have increased each time.  It gives a reader who may not know your name or your work a chance to try it.  For .99 what do they have to lose? And if they like it, you have everything to gain.

Be brave, Grasshopper *s*  and yes, I mix metaphors.
 

·
Registered
Joined
·
13,317 Posts
Discussion Starter · #14 ·
I have a free at Smashwords, too, but that story never cost me anything. I made the cover, and it was pre-published, so was already edited. The books, yes, ouch. I did pay people to do the covers. I am an editor (for a magazine), but swapped books with another editor and proofed his book while he proofed mine. So yeah. Ouch.
 

·
Registered
Joined
·
21 Posts
Congrats, on making a move.

100% of 0 always has been and seems to always will be 0. With that being said at the end of the day one of the goals is to earn a substantial profit from your writing and publishing efforts. After all if it were totally about the read and not the sell you could simply give your books away for free.

The good thing about publishing on Kindle is you may change your pricing relatively quick, so one price doesn't have to be a long-term pricing model should you find the need to adjust. At least one person has already mentioned about pricing one or two of your books at .99 and then raising the prices on other books. This is a pricing strategy that has worked for Amanda Hocking writer/epublisher and others in becoming very successful and earning a tidy sum $1,000,000+.

Keep publishing more books and price them between .99 to $9.99. As books continue to sell, you may not be so concerned with one or two priced at .99 if they sell a substantial amount of books over the long run. Additionally, those sells may lead to greater sells of your higher priced books. "THINK, PLAN, EXECUTE!"™
 

·
Registered
Joined
·
423 Posts
I am just contemplating this strategy today. I'm contemplating it so much I haven't written a single word on my WIP (novel #3). <sighing here.> Somewhere I read that the pricing strategy has nothing to do with the quality of the work and one must keep the focus on gaining more and more readers. I like that philosophy. It jives with the objective as a tactic to gain followers by fiddling (like that word) with pricing.

Good luck to you. I'll see you soon.

Katherine Owen
 

·
Registered
Joined
·
13,317 Posts
Discussion Starter · #17 ·
Well, overnight, I got more sales than I've had for the past two weeks, so it's working, at least as an promotional exercise. I still don't know if I'll leave it like this, but I need reviews, dudes. More sales = more reviews. I'm sure I will get the reviews eventually even with the higher prices, but I'm not a very patient person. So maybe this is the thing to do.
 

·
Registered
Joined
·
1,088 Posts
Glenn Bullion said:
I tried 99 cent pricing for a while, but it didn't work for me. So I made a decision I would stick with 2.99 for the long haul.

Just goes to show you. :) Different strokes.
And Dead Living is a steal at $2.99. Really, really good story there..
 

·
Registered
Joined
·
4,510 Posts
.99 is purely for marketing.  To try to attract readers.  Everything takes time.  One problem I keep seeing over and over again is a need for instant information-- it didn't work for three days, better change the price.
This is a marathon, not a sprint.
.99 is a good lead for a series.  I think the fair price for fiction is $2.99 to $4.99.  But the reality is a lot of people troll for .99 books.
 
1 - 20 of 30 Posts
Top