How I Price My E-books On Amazon

                                                      


                                                                         Photo by Henning K.


Tricky is the word I use when pricing my romance e-books on Amazon. If you want to get 70% percent of royalties, then price your e-books at $2.99 or higher.  The problem with that, if you are a new writer, it might be hard to get people to pay that price if they have never read your books.

 

Romance Short Stories

If you choose 35% percent of royalties on Amazon, then you price your e-book below $2.99 which I do. I am reluctant to price my romance e-books at 70% percent royalties because my e-books are short. The ones I wrote in the past were between 10,000 to 25,000 words. Now I write short romance stories between 5,000 to 7,000 words. Although I am trying to write longer works.  Read my post titled “Writing Confessions” on why I now stick with short stories.

Readership

 

Another thing about my e-books is that I haven’t built up a big readership yet. I have priced my longer e-books at $1.99, which means I get 0.70 cents for every book sold, and for shorter works, I price my e-books at $1.49, which I get 0.52 cent in royalties per book. I do this because I feel that I get enough in royalties, that I feel compensated enough for the work I put into my books.

 

Pricing At 0.99 cents

I am not an expert when it comes to pricing-e books. I simply am telling you what I have done and why. I have priced my e-books at 0.99 cents, which I hated to do because that seems too cheap to me. I put too much work in my books, and I feel cheated at pricing it that low, but I have done it when my romance story has not sold well.  

One thing I have noticed is that it does not make much difference in terms of sales meaning, in my opinion, it does not increase sales. I have read articles where the person has felt that new readers are more willing to take a chance on you if you price your e-book at 0.99 cents but in my experience that is not the case.

 A lot of romance indie authors have a limited run on prices. They will have their e-book for 0.99 cents for a few weeks to get sales and some reviews before raising their price. I haven’t done it, so I don’t know if it works.

 

 Reviews

When I buy books, I choose to purchase ones based on whether the cover looks good and the blurb seems interesting. I am willing to give new authors a try. I don’t mind paying $2.99 for an e- book. The only thing that might stop me is bad reviews, but if the e-book has good reviews, that cements my decision. If the e-book is like 2 pages, I probably won’t spend $2.99 on it.

For books priced at 0.99 cents you get 0.35 cent royalties on Amazon. Even though my e-books are short stories and novellas, I put a lot of work in them, and I want to be compensated so, as I said, 0.99 cents is too low for me.  As my word count rises and I build up a readership, I will go up to $2.99.

 Have you paid for a book or e-book and thought it was overpriced? Comment below.

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