Writing this post I thought it best to do research instead of talking about my own views exclusively. Not everyone thinks the same so let’s find out how others feel on the subject.
The general response to the question what is the most you would spend on an ebook was 9.99 and was stated as only for reference books or that fave author that you’d sell a kidney to get their newest book.
On the max price you think a book should be priced it was 4.99-5.99 for the most part.
Excellent feedback from those I contacted thanks to everyone. Now as to why they came up with these figures.
Many feel traditional publishers ie. the big 6 are pricing as they are is because of an attempt to protect their sales. Price it high and we’ll protect our numbers mentality. We all know how well that’s going for them. With small press and self published authors elbowing in and taking over and taking a bigger and bigger slice of the pie each day why are they doing this? The view is behind in the times. They price the books higher and yet the author get’s only a small drop of the 9.99 a self published author on the other hand gets a much higher cut as they don’t have anyone else to share it with. It goes crazy on a grass roots campaign and then get’s so many books purchased the big 6 is beating down their door to get them to sign a contract.
There is no perfect price I don’t think anyone can really say there is. A big six will have many more people to pay than a self published or even indie author but having said that once the work is put in and that file is created it just sits there waiting for some eager reader to come along and buy it. You put in the work once and then it’s just profit there on out.
In my time reviewing I’ve come to learn some things. For a start don’t be totally cheap spend the extra 2-3 dollars and buy it full price help the author out. That sale price looks good but does the author get a cut of it? No so unless we’re talking a huge chunk of change give the author the sale.
Ebooks are no different buy and be willing to spend don’t expect it all to be free or 99cents though those are a good way to discover a new author. Getting that taste of what they have to offer.
Which leads to the other and main issue. ( at least I think it is ) It isn’t just how it’s priced but the perceived value. How do you price a book when people assume things because it’s free or only 99 cents? Are $9.99 books better than .99cent ones? Some perhaps and for ten dollars you expect a big six perfect book with no spelling, punctuation or grammar issues. It’ll be edited and worked on for months before released. It’ll have a pretty cover and will look so nice and eye catching you will not be able to resist. So it’s got to be good right? Well what if it isn’t? What if that 1.99 book from that self published author really is the one that you’d have liked better. The editing, the drafts, the cover they did that all themselves. The work that a dozen people at the big six would have done that one lone person did, do you feel bad about spending that two dollars now? I for one have read a couple of ebooks lately both self published and cannot for the life of me figure out why a big six or even small to mid size publisher hasn’t grabbed them. Excellent books, quite frankly better than some big published books I’ve read.
Most that I know and questioned are authors themselves or book bloggers so only happy to give that author the sale. I love requesting a book I want be purchased from my library the author gets the sale and many get to enjoy it not just me. The ebook sale makes me feel good too as an even larger cut of that sale goes to the author.
So how much are you willing to pay? I personally have no problem in a 99cent book I love indie authors and publishers and wish more of them the success they deserve. I love that it allows me to get an idea for what the authors books are like and then I can go and get some more. I think all authors big and small should have a book or two at this price to give new readers who are hesitant a chance to try their work. The actual price of an ebook that I myself would be willing is not higher than $5. If I’m paying more I feel I may as well get the physical copy. What irks me and many others is when publishers price an ebook at the same price as a physical book. Poor big publishers have much to learn and probably why they are loosing on sales. Lesson here do not price that way!
So that’s my take on it but really what would you spend on an ebook? Why that amount?
Is there too high an amount for you?
What do you think of low priced books? Do you feel it’s lower quality work?
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