Quote:
Originally Posted by MGlitch
Should established and popular authors ebooks be cheaper since they're more likely to sell more?
Or should they be priced higher and new authors be priced lower? How would the government ensure that the pricing systems they create would allow for new authors to grow as a viable means to make a living?
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The latter is what is increasingly happening in the Indie ebook space: a lot of successful indie authors are practicing stair-step pricing, especially with series titles. Starting out low and steadily increasing prices on latter books. (Of course, the "high" priced books top out at half BPH pricing; usually $4.99-5.99.)
The idea there is that price is a function of risk and familiarity. Readers will be more likely to take a chance on an unknown through a lower-priced book than a higher-priced one. (That is one function of Kindle Unlimited, after all.) Once the reader sees the author as a known quantity, they are willing to go somewhat higher.
In fact, the effect of pricing on traditionally published debut authors has been so strong it has become an actual point of discussion among publishing circles.
https://janefriedman.com/4-lessons-publishing/