Tuesday, July 3, 2012
How Much Do You Charge On The Digitals
How long does a book have to be and how much do you charge on the digitals? Kindle now offers three months at $.00 during which they promote your book. The idea is to generate reviews and conversations. For the indie writer, pricing starts with short articles in the $.99 area. That’s around 2,500 – 3,000 words. Over 3,000 words to 6,000 or so charge $2.99 (you have to write six $.99 short stories to match the income from one slightly longer $2.99 short story because the price point on Kindle changes from 35% to 70% at $2.99 – just saying. My novels at $4.99 are anywhere from 50,000-100,000 words. $4.99 is the demarcation line for impulse buying so take that into consideration when you’re pricing. The $9.99 price point is what the big publishers use to justify their hard cover paper book price - Because Kindle set that as the top price by making the percentage go down over that price. Because there’s generally no cost in publishing on the digitals people resent the high prices. I’ve read some scathing criticism on price points in otherwise good reviews. For more information visit www.joanmeijer.com Right now I am offering my novels at $.99 to generate reviews and conversations. This week I’m offering Provenance which is inspired by a true accident in New York and contemplates why the major characters played their roles in this riveting drama - Provenance means origin so the story is about the origins of the characters and why they played a part in the accident.