Today, I present my very favorite author in the whole wide world, my wife:
The Great Divide in ebook pricing
I
always enjoy getting Amazon’s email blast featuring ebooks by my favorite
authors. I’m especially humbled when I see ours included on the list.
However,
I received a blast one morning last week that caused me to nearly spit out and
waste a valuable cup of coffee. A new release by an author I know was priced at
$12.99. This author, while popular, is not even close to being a NYT
bestseller. I was so stunned that I looked up his other ebooks. While this one
was priced at $12.99 he had others in a series published by a different
publisher that came in at $10.67. His own self-published books were $2.99.
Is
he overpriced at $12.99 or underpriced at $2.99? Is he more talented in the
books priced at $12.99 that he is at those he priced at $2.99? Does he not
value himself as much as his publisher values him? Or is his publisher grabbing
at the hope of making big bucks on his back? What’s the take on this pricing?
This
makes me wonder what we are worth versus what publishers want to make on us.
I
randomly searched for pricing on more authors—authors who range from totally
self-published to hybrid, to authors who are most definitely not strangers to a
best seller list.
Except
for special deals, like 99 cents or free, I found the range on one popular
author alone, to be from $2.99 to $8.39—this from a hybrid author who’s had
books on the NYT best seller list. She is trad published for some, and
self-pubbed for others. She has books priced at $2.99, $3.99, $4.99, $5.99, $6.99,
$7.54. and $8.39.
Across
the board, I noticed that authors published either by a Big House, or medium
indie, were typically above $4.99, more like $7.69 to $10.99. A few like the
one that made me choke on my morning beverage were way up there.
Several
best- selling authors, like Patricia Cornwell, were $7.99 to $8.99. Most of Jeffrey
Deavers’s were $5.99 to $8.99 except for his brand new one which is $14.99.
James
Lee Burke’s were anywhere from $5.99 to $12.74.
So
what’s going on with ebook pricing? Why the disparity in pricing? Most of all
these books used for price comparisons were of the same length.
It
makes me think about the Amazon vs Hachette battle that has been raging. Who’s
making the money on the high priced books? Methinks it’s not the author.
If
you are an author, what do YOU think your ebooks should sell for?
In
the next installment, I’ll ask readers to weigh in on what they feel is fair
market pricing, and do they buy books at full retail, or do they prefer to buy
when they are being promoted, or buy the print books, etc. More on that in
another post.
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