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KDP Pricing Support
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Andy
(new)
Aug 11, 2014 05:15AM
Has anyone had a look at the KDP Pricing Support service? I've only just spotted it in the Rights and Pricing section of my Bookshelf. Basically it gives you a rough idea of what other books in the same genre of yours with a similar length etc have been priced at and how well they've sold. It's very basic at the moment, and wants to me to hike both my books up by a buck but interesting nevertheless.
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I have not, but what a great help. I must use this service.
I was selling my thriller at £2.49 and it was selling rather well. The pricing support suggested £4.99, so I tried it for a week. Sales stopped. So I put it back to £2.49 and sales have continued as before.If you've a name like Child or Patterson, I suppose £4.99 is a bargain, but for customers of my books, that price appeared unattractive.
Worth a go though; you can always put the original price back.
Same here for the fantasy. I left it at mid, same as the thriller.
So what's the suggested price point for a 70K word fantasy or SF novel?
Ah. You don't get that screen, eh Jim?Help Jim out, darlings.
Doesn't work like that, Jim. You have to go into your bookshelf, select the book, and there's a click button just above the pricing options.
Jim has a publisher, though.
Fuel to the Fire is 53,000 words and it suggests £1.78/$2.99. I'm giving that one for free though.I don't think it takes the word count into account so much as the genre.
It claims word (or page) count is considered, along with genre, target age etc.
thanks for that all, I'm not on kdp so I don't see this stuff
Andy wrote: "It claims word (or page) count is considered, along with genre, target age etc."I'm sceptical of those claims. The 3rd book of my trilogy is double the word count, but it still suggested the same price as the 1st.
I suspect it only tales account of the US market, so "only sold 3" rather overshadows the word count... (dunno, only guessing)
When your series is complete, Tim, put the first on a countdown deal, organised with advertising on as many sites as you can get to list it. That's when it'll kick in.
Yeah, realistically I don't expect a lot of traction before the series is complete - it's another disadvantage of being an Indie (trad authors don't seem to suffer from Incomplete Series Sickness to anything like the same degree)
I dunno Tim.I don't take indie or trad into account with series. I prefer all the books to be available before I start, either way.
Wonder if the recommend the same price points to big 6 publishers?;-)
My latest, historical romance, was given a recommended price point of $2.99 but when I see the 'Also Boughts' many are much cheaper. 77c is not unusual so it is difficult to know whether to hold to the $2.99 and at least feel that when a sale is made I get a little money for my hard work and ODN is allowed a KCD, or to join in with the 'Also Boughts' and go for an increase in sales.I tried dropping the price with my first book and the sales did increase for a month or two, but then tailed off and overall I made less money.
Dilemmma.
I'm going to put my second short story at 2.99 for 17K and I'm determined to keep it at that price sale or no sale :) Lol! My first short story is now at 99c although I priced it at 2.99 earlier on and it did make a few sale.
Sorry S, I wouldn't pay that for a short story.
My pricing follows this rough guide:<50k words: £0.99
50-100k: £1.99
100k+: £2.99
Has worked okay for me so far.
As my short stories emerge out of KDP select I'm putting them up for free on Smashwords (when I get round to reformatting them, that is).
Hopefully amazon will price match and that will generate sales of your long stuff, David.How many will there be? Would you be better to publish them as a collection?
As a reader, I'd find that more convenient.
Patti (baconater) wrote: "Hopefully amazon will price match and that will generate sales of your long stuff, David.How many will there be? Would you be better to publish them as a collection?
As a reader, I'd find that more convenient."
I think there are 3 individual short stories out there and a novella (Which you've already got).
I was thinking of putting them together in a collection too, along with another horror/thriller/mystery type unpublished short, say at 99p, or something like that.
I have got another collection of shorts already out that I may take some out of and put up individually for free.
I am coming around to the opinion that the only way for readers to know if your stuff is worth paying for is to give them some for free, so they can see if you are worth spending money on.
Gotta say that's how I'm discovering new authors, David. I gotta do an indie gorge soon. I seem to be in a trad rut at the moment.
Patti (baconater) wrote: "Gotta say that's how I'm discovering new authors, David. I gotta do an indie gorge soon. I seem to be in a trad rut at the moment."
I look at it like those free samples they give out in supermarkets and places like that.
I've got a mixture of both in my unread collection on my Kindle. Sometimes, I think it takes longer to decide what to read next than it does to read it.
Patti (baconater) wrote: "Gotta say that's how I'm discovering new authors, David. I gotta do an indie gorge soon. I seem to be in a trad rut at the moment."
I think you should... want some recommendations? ;~)
David wrote: "Patti (baconater) wrote: "Gotta say that's how I'm discovering new authors, David. I gotta do an indie gorge soon. I seem to be in a trad rut at the moment."
I think you should... want some recommendations?"
I'm sure some of us could post some nice big pictures of covers to help you decide.
Stop it, you two.I've got a TBR ten kilometres long.
Patti (baconater) wrote: "Stop it, you two.I've got a TBR ten kilometres long."
So size does matter?
