Quote:
Originally Posted by markstani
Hi, I'm interested in what fellow authors and readers think about e-book pricing. I recently published a collection of short stories via Smashwords. My primary intention - based on the assumption that I was never going to earn enough royalties to make a living - was simply to get my work out there, perhaps build a little following to set things up for a bigger response to future, more significant works, ie a novel. I priced my book at a rather nominal USD2.99, but soon came to the conclusion that having a handful of extra dollars in my pocket was nothing compared to having no dollars but literally hundreds of extra readers. So I made it free and overnight, in terms of download statistics, it took off. I just wondered what others thought about this conundrum. Do too many of us fall for the illusion of short-term gain? Shouldn't we as authors be using e-books effectively to promote our talents, rather than simply to try to do a hard sell on them? I love that hundreds of people are reading my book. I'll happily sacrifice a few dollars for that.
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How do you know that "hundreds of people are reading your book"? Hundreds of people may have downloaded it, but downloads certainly don't equate to readers.