Setting the Price of a Self-Published eBook

Share

For freely offered writing Resources go to RuthFordElward.com


SETTING the PRICE of a SELF-PUBLISHED eBOOK

Writers are faced with a number of challenges when they are working on their book and among them is how to price it. Unfortunately, once the book is finished, the work is not done.
Going through the process of publishing can be just as challenging as writing the book itself.




One of the biggest factors that potential readers are going to take into account when they’re browsing through books is how much the book costs.
Even if something looks appealing, if the price is too high it might be passed over.
Most eBooks that have been successful have sold for no more than $12.99, with most of them being in the range of $2.99-$4.99.





For example, Amazon gives 70% royalty to each book sold as long as it is priced within $2.99 and $9.99, which is why most books tend to be priced around that. Looking at Amazon for pricing is a valid strategy considering the quantity of books sold there on a daily basis.


This may not seem like a lot of money, but when you consider that the quantity factor will be at work and you will be making approximately 70% of the price of a book, it doesn’t seem to sting quite so much.
Take note, other distributing sites will have their own parameters and should be considered as well.