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Old 07-26-2011, 09:58 PM   #7
JLorenz
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Quote:
Originally Posted by orange! View Post
Besides $$, you want to sell lots of books because (a) you'd be building name recognition, and (b) more people would be reading your father's work, which is the point, right?

So, if you could sell twice as many copies at $4 as you would at $8, you make the same amount of money, but twice as many people have read your book! Depending on the price elasticity of demand for your product (and my guess is that it's fairly high), you might sell *more* than twice as many copies if you halved the price.

But I'm not an author, so I don't have any experience pricing books. Maybe you'd get better advice over in the writer's forum.

Anyway, keep us posted on how it's going, and like I said before--best of luck!
Some great points orange!
I'm definitely going to give it some thought. I tried to be competitive with other similar books and thought I was actually a little lower than most in that range. I thought I would rather come down in price than raise it at some point.
Thanks again for the advice.
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