How do you know if your book is priced correctly to move the maximum amount of copies? For some this might take some time and a little experimentation. One of the best things about being an indie author is we can set our price – and change it when we like.
How can you tell?
Authors, like J.A. Konrath as one example, are willing to share their numbers on their blogs. In one post J.A. Konrath did in June of 2009, listed the numbers for his books, and came to the following conclusions:
“1. Publisher releases vastly outsell author releases. This seems obvious, but a publisher can buddy-up with Amazon and get primo placement. Authors can’t do this on their own.
2. Price matters. All of my ebooks (even the poetry one) are on the genre bestseller lists, outselling name-brand authors. I’m sure this is because of price.
3. Being active on the Kindle forums, in newsletters, and on Amazon, may do more for sales than your cover, your description, your reviews, or even your writing. The key is to make people aware of your books. The more awareness there is, the more you’ll sell.
Once you’re on a bestseller list, that becomes a self-fulfilling prophecy. People browse the lists, see your book, buy your book, you stay on the lists.
4. Novels outsell short stories. It’s like this in print as well, but my numbers confirm it.
5. No one buys poetry. Even outrageously funny poetry.
6. My technothrillers are doing much better than my medical thriller and my crime novel. Is this because more Kindle owners like technothrillers? It seems so.” Continue reading “Pricing Your Work – by Special Guest Author, Anastasia V. Pergakis”