Quote:
Originally Posted by stustaff
If we assume those figures are reasonably accurate then from a business and income per book the current modsel looks sensible
Release at $15 and sell t 5% of the market
after 2 montyhs drop down to $10 and get 45%
and after 6 months or a year drop to $5 to get a further 25%
That maximises income and would seemingly make the acreage book buyer happy.
However it's the 'free' market that impacts on this for me. if its easier to get for free and has better lay out and less errors, then those % will start to drop way down.
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Problem with that is they have done studies that show that the majority of sales comes in the first 4 months (something like that). And then after that the book dips quite hard in sales. I will have to track down that info if possible.
Why not maximize the amount of people with books in hand. The more people that read it the more people advertise it. The more the book gets bought. I would rather have 40k people read a book at 10 rather than 25k at 15 (yes just random numbers). Yeah its only 25k difference. But more people have laid hands and eyes on the book. Which means more word of mouth which means more sales are generated.
And as far as the time table you mention. Nothing I have seen has said that within 2 months they would be dropping the price down to something reasonable. Everything Ive seen and heard mentions around 8 months. I will never buy at over 10 dollars. Even at 10 dollars thats stretching it for me. If I read a novel that is in a series and then I patiently wait for the 2nd novel in that series to come out. And then have to wait 8 months on top of that. I guarantee no one, not the author or the publisher will end up getting my money. I am just no interested in the nonsense that publishers want to put its customers through. I will give my money to someone that wants it.