03-09-2011, 01:55 PM | #1 |
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$.99 eBook becomes biggest earner
An independent author's perspective on eBook pricing -
http://news.slashdot.org/story/11/03...-Books?from=fb PCH |
03-09-2011, 01:59 PM | #2 | |
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I am a little puzzled:
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03-09-2011, 02:04 PM | #3 | |
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Quote:
Graham |
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03-09-2011, 02:06 PM | #4 |
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While it might seem a bit restrictive to limit your content provider's pricing options, mandating that all authors sell their books for 1 dollar might be an interesting option for booksellers to consider.
This would create an extremely level playing field, debates about the worth of a particular purchase would be non-existent. Popular authors such as those in the article, have had success at this price point. This small price model is probably best suited to a direct writer to reader relationship. It would also bring us one step closer to a copyright free world, where all books are freely traded and compensation comes in the form of donations after the fact of reading. |
03-09-2011, 02:07 PM | #5 | |
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Quote:
I also notice he has several books at that price. Perhaps they are including them all. Last edited by The Old Man; 03-09-2011 at 02:10 PM. Reason: added text |
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03-09-2011, 02:18 PM | #6 |
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That would explain it. Thanks - I'd missed the word "annual".
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03-09-2011, 02:22 PM | #7 |
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As long as it entertains me.
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03-09-2011, 02:29 PM | #8 |
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The article does offer some hope for reduced prices and the reason for the $$$ income does make sense. I looked over several of his books and was tempted on one. Dropping a buck is no longer much of an expense, only about 6 miles of driving and 1/5 the price of a decent cigar.
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03-09-2011, 02:53 PM | #9 |
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Keep in mind John Locke's two books on Amazon's list are only 200 pages long or about 50,00 words.
Edit: I checked on Smashwords and they are less than 42,000 words. Last edited by Fbone; 03-09-2011 at 03:05 PM. |
03-09-2011, 02:54 PM | #10 |
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do they get 35% for $.99 books? i thought there was a staged rate where they got less for books priced under $3?
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03-09-2011, 02:58 PM | #11 |
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According to this article about the success of young Amanda Hocking http://www.usatoday.com/life/books/n...oks09_ST_N.htm they get 70% of the price at $2.99 or more and 30% at $.99
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03-09-2011, 03:01 PM | #12 | |
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03-09-2011, 03:03 PM | #13 | |
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03-09-2011, 03:03 PM | #14 |
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Marginal cost = price => Profit maximization
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03-09-2011, 03:40 PM | #15 |
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At that price, you start to get a lot of the impulse buys. At higher prices, people start thinking more about whether or not they want it.
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