Quote:
Originally Posted by DMcCunney
It's possible an ebook could be priced a couple of dollars lower, but why should it be? Publishers won't think that way: if they see an opportunity to reduce costs, they'll try to have that cost savings fall through to the bottom line, and leave the MSRP where it is.
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Konrath Ebooks Sales Top 100kCurrently, I'm selling an average of 7000 self-pubbed ebooks a month on Kindle. Those numbers are for 19 self-pubbed titles, though the top 6 account for more than 75% of my sales, roughly 5000 per month.
That means those six are averaging 833 sales, or $1700, per month, each. That equals $20,400 per year, per ebook, for my top sellers.
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My best selling Hyperion ebook, Whiskey Sour, has sold 2631 ebooks since 2004. That's earned me about $2200, or $34 a month since it was released.
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Why are my self-pubbed ebooks earning more than Whiskey Sour, which remains my bestselling print title with over 80,000 books sold in various formats?
Because Hyperion has priced Whiskey Sour at $4.69 on Amazon, and I price my ebooks at $2.99.
They should reduce costs because cheaper books sell more--a *lot* more. Lower cost; make it up in volume. Ebooks, unlike pbooks, don't have marginal & administrative costs that eat into minor bits of profit per book; there's no shrinkage, no boxes accidentally destroyed by rain, no shipments sent to the wrong place & re-routed at the publisher's expense. Every book produced is a sale.