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From Amazon's Kindle Board:

K. in TN said:
[size=10pt]If you price the book at $1.00 instead of $0.99, Amazon will discount it to $0.80 (20% off). Only 99 cent books get no discount (at least, currently).

Karen
http://booksontheknob.blogspot.com/
I believe if Amazon discounts the price themselves, the author still makes the same amount no matter what. Is this correct? If so, it's a handy tip for you authors with $1 books.
 

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Interestingly enough, Amazon isn't always so generous. One of our unfortunate authors here on KB priced his book at $1.00 and Amazon decided to charge more than he priced it for! Call it a glitch if you want, methinks something is fishy!

edit: Looks like 'zon caught its mistake. They've now reduced the aforementioned book's price to 80 cents.
 

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Glad you guys saw my tip. It takes several hours for Amazon to catch up on the price it charges after you change your list price (just as it takes them a while to first list your book after you publish it). For now, all books, other than 99 cent books, get at least a 20% discount. I have found some with higher discounts (and in odd areas, such as a book on genetics in farm animals had a 28% discount), but none with less.

Also, if you want to get a book listed at a penny, publish it on Mobipocket.com. That's the lowest price allowed there and the books can be cross-listed into the Kindle store (I don't know if it is automatic or a setting you choose, but do know that several authors have used this trick to get their books listed for "nearly free".

Karen
Books On The Knob
 

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Does the same tip apply to 49 cent stories if you price them at 50 cents?  Curious because I'm getting ready to release a substantial backlist of my previously pub'd stories for Kindle.

Thanks!
 

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koland said:
Also, if you want to get a book listed at a penny, publish it on Mobipocket.com. That's the lowest price allowed there and the books can be cross-listed into the Kindle store (I don't know if it is automatic or a setting you choose, but do know that several authors have used this trick to get their books listed for "nearly free".

Karen
Books On The Knob
Keith,

Just wanted to make sure you saw Karen's post. By publishing your book on MobiPocket, you'll be able to bypass Amazon's price threshold and get you to your intended price range.
 

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Don't know if it's possible to price a short at 49 cents, but that was the price Amazon itself used to use for the shorts they selected for the earlier program. 

My problem with Mobipocket is that by publishing with them, you agree not to sell the book anywhere else on the Internet.  I don't like that.  Anyone use them and ignore that clause in the contract?
 

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jonfmerz said:
Don't know if it's possible to price a short at 49 cents, but that was the price Amazon itself used to use for the shorts they selected for the earlier program.

My problem with Mobipocket is that by publishing with them, you agree not to sell the book anywhere else on the Internet. I don't like that. Anyone use them and ignore that clause in the contract?
I know several authors who are on both Kindle and Mobipocket (they do Kindle first, perhaps that's the "trick"). Those with agents and publishers are often sold in several formats, including mobipocket, but perhaps not in the "mobipocket store" (I don't know, as I seldom shop there).

My problem with shorts is their format - If you have a big backlog to publish, I'd much prefer you reformat it (properly for an ebook) and sell one or more collections on the Kindle. I suspect you'll get a LOT more sales, as well (there is a reason Amazon has discontinued almost all the other digital publishing formats they had before).
 
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