Quote:
Originally Posted by Paul Levine
interim Report on Sales viz a vis price:
Four days into publication, price does not seem to have been object in sales.
LASSITER ($9.99) has bounced betwen 1,100 and 2,800 on Kindle and, had it been in the "legal category" family, wouldn have been in the top ten for much of that time. It's also the number one or two best seller of my Jake Lassiter series, swapping places with the debut novel, TO SPEAK FOR THE DEAD ($4.99).
Some good things have happened, too. The Palm Beach Post named LASSITER a "Top Fall Pick" in fiction. The venerable Harriet Klausner gave the book 5 stars in Mystery Gazette, and the Miami Herald endorsed the book with an outright rave.
So what is the sweet spot in pricing for a NEW digital book that accompanies a Big Six published hardcover? I'm not sure there's one answer. And maybe it doesn't matter. The publisher will set the price -- here $9.99 -- and we live with it, for better or worse.
Your thoughts?
Paul Levine
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Nobody knows!
Inasmuch as every book has it's own audienence, which can change with time and advertizing, there is no hard and fast rule.
All that can be said is that the higher the price, the less likely you are to get first-time buyers. You'll also triage your poorer readers. On the other hand, you'll make more per book.
That's the problem with all monopoly pricing, finding the profit maximizing price...