Quote:
Originally Posted by Worldwalker
If the vendors are paying the author the same amount and only changing what they're selling a book for, it's a different matter than if they're changing the price of the book and cutting the author's percentage as well. I'm a little unclear on which one we're actually talking about in this case.
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The problem is that, if you opt in to Amazon's 70% royalty option, they base your royalties on the
discounted price if they discount your title to price-match someone elsewhere. So, yes, you lose royalties.
And, as for possibly making it up in volume, presumably each author has experimented at different prices and chosen the one that works best for them. (For example, my titles seem to sell almost exactly the same at 99 cents as $2.99.) This now takes that decision out of our hands and picks something that is probably sub-optimal.
Quote:
Originally Posted by MartinC
The interesting thing about this thread is that Kobo appear to have taken a policy decision to drop prices for self-published authors, presumably on the basis of sales figures for this type of product. Those of us who habitually price above $2 should be pricking up our ears.
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It's not a "policy decision," it's just a bug on the part of Kobo. They're not allowed to intentionally change prices based on their agreement with Smashwords since last November.