Posted in Fiction Writing, Just write, Writing for Money

The Great E-book Pricing Question

Deep down I dream of publishing a book at some point. I have played with writing, but see little to encourage me right now. I do have a number of very articulate and entertaining friends that I hope get to read this blog. I am reblogging this one for future reference because I like his reasoning.

David Gaughran

soulsale There’s more guff written about pricing than almost anything else, resulting in an extremely confusing situation for new self-publishers. I often see them pricing too low or too high, and the decision is rarely made the right way, i.e. ascertaining their goals and pricing accordingly.

Price/value confusion

Before we get to the nuts-and-bolts, it’s time to slay a zombie meme. Much of the noise on this issue springs from conflating two concepts, namely price and value.

Authors often say something like, “My book is worth more than a coffee.” Or publishers might say, “A movie costs $10 and provides two hours of entertainment. Novels provide several times that and should cost more than $9.99.”

Price and value are two different things. From Wikipedia:

Economic value is not the same as market price. If a consumer is willing to buy a good, it implies that the customer places a higher value…

View original post 1,285 more words

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Author:

I am an aspiring writer coming into my writing career later in life. As an accomplished entrepreneur, wife, mother and grandmother, I bring a wealth of experiences to my writing. Loving challenges and change, I embrace this new path with my custom focus and involvement, starting with research and education. Believing that you can never stop learning has kept me young and fresh throughout my life. This new venture is no exception.

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