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Friday, February 18, 2011

Priceing your Masterpiece

What to Charge for your Masterpiece!
It seems to me that too many people are way to desperate to be noticed.  The pricing of E-books at 99 cents or worse for free is not helping the e-publishing business, in my opinion.

Established Authors are selling routinely on Amazon dot com at $9.99.  I think that is extremely reasonable. 
A) A new Hard cover book is going to run you from $12.00 - $30.00 on the average.
B) A paperback book usually runs $5.99 to $9.99 on the average.

I believe that E-books should be substantially less than traditional books, especially since there are no real materials being consumed to make the book available and delivered to the customer.  On the flip side of that,  a established author with a loyal following can command a higher price for their newest offering into the market for a while and then by supply and demand it should fall to where the rest of the market is at around $9.99 per book.

This idea that to get established and get out in the market you have to give your book away for free is going to hurt the Independent Authors in the long term.  Granted as I have stated in previous blogs not everybody who is writing and publishing books should be doing so.  The whole process of self publishing puts the selection process and outcome of a authors success in the hands of the reading public to decide by their choices of what to spend their money on and take the time to read.  I highly suggest pricing between $2.99 and $6.99, lower for lesser known authors and higher for better known authors.  I pry someday in a few years many of us will be very well known and all pulling down $9.99 per book.  In the mean time don’t be in such a mad rush to give your work away.  Best wishs and continue writing.

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