I’ve just spent ten minutes browsing Amazon looking to load up my Kindle before I go to France for a two week break next weekend, and I found myself skipping over the cheap books – those under £1 – and I started to wonder: Why? I do buy £1 books for my Kindle. I buy them because they spark my curiosity and interest, and what the hell, it’s only £1 (or less!). I’ve read some really good books at this price point, but I still ignored all the sub £1 titles!
So why, when I started browsing for holiday reading, was I looking at £3.99 and upward? I realized after a couple of minutes what I was doing, sat back and looked at my partner and said what was going on. I surprised myself, and I’m still trying to work out what is going on here.
I’m still averse to paying the £9.99 being asked for the latest Michael Connolly and Stephen King, even though I do want to read both, but £3.99 seems a fair price. I’m even happy to go to £4.99 but to be honest that’s about my limit. So why not 99p? Because I guess I’m looking for something meaty, something satisfying, and although I have read that kind of book at under £1, they are pretty rare. I just have this feeling, this instinct, that after paying £111 for a Kindle I expect the “software” to be less than a hardback or paperback. Being self-published I know how much it costs to get a book onto the Kindle – nothing. Sure, you can pay thousands to someone else to format and edit and everything else, but with perseverance and care you can do it all yourself. And yes, I know that costs money – time is money after all – but it’s my time, and I’d rather be doing this than watching the box.
I publish my own short work at 99c (about 57p in the UK), but my novel length book is $2.99 – £2.08 in the UK. I think what I’m trying to say is sub £1 is okay for a quick read, but I’m expecting to pay more for book length, and expecting that the extra amount is going to give me a better read. I know, that’s not always the case, but I was still looking at that price range and skipping over the cheaper books because I want something I’m really going to enjoy while lying on the beach.
I’ve been reading some posts about how writers who sell too cheap are doing neither themselves or – and I think this is the main point – other authors any favours. Okay, I can follow that. But I cannot follow charging over £10 for some Kindle titles. Like I’ve already said, £3.99 to £4.99 seems a good price point. If you publish through a traditional publisher you’re going to struggle at that level, because there are so many layers between you and the selling price. But for independent authors are we really pulling down everyone else by pricing ourselves too cheap? And are we putting a stamp on our work that says “it’s cheap, so what did you expect, perfection?”
I’m arrogant. I admit to it, without embarrassment. If I can’t be arrogant about my own abilities as a writer how can I expect to produce work I expect others to enjoy? Should that arrogance translate into pricing as well? At the moment, I don’t think so. I currently price at two levels. Works shorter than 40,000 words go out at 99c. Novel length (60,000 words and up) go out at $2.99. I’m questioning whether, at novel length, I am placing a judgement on my work that is saying it’s not as good as that of other authors. And as I said, I’m arrogant. I don’t just think I’m as good, I know I’m as good!
I’m not sure there is any punch line here. I’m still looking for three or four or more “good reads”. I write erotica, but enjoy reading thrillers, crime, science fiction and pretty much any category that lights my fire, hence the Connelly, Stephen King, CJ Sansom, all of them good writers. But I’m thinking, by pricing my own works at 99c, am I actually reducing my readership?
Am I the only person that thinks this way?
Let me know, I’d be interested in finding out what your opinion is. I’ve put a survey over on the right hand side. Click on it and let me know what you believe is a fair price for a 60,000+ word novel.
Hi, I agree with you full heartly. Especially Amazon charges for ebooks partly extemely expensive prices. I just don`t understand how they can do that. I mean there should be a considerable price difference between a pocket edition and an ebook but that is mostly just not the case. Nowadays it should be much cheaper to put an ebook for sale, than printing books bound them and give them to bookshops. Various ebooks sites give a cheaper price, still to much in my opinion, ( 35000 words for $ 5,95 is still to to much) but cheaper than amazon. I think amazon controls the market, they make the prices other sellers go along just trying to be $ 1 cheaper and that`s it. Dietrich
Hi! I’m based in UK too, and I’ve been following this debate – on the web, on the radio and TV – with a great deal of interest. I originally decided to offer one book at 99c on Amazon Kindle and Smashwords, and the rest at $1.99 or $2.99. But now I’ve fallen into a format which suits me best for the foreseeable future – a 30,000 word novella at 99 cents each. They’re all erotic romances, by the way; I have three up now, and two more published at end July. There’s been a lot of talk of “devaluation” of the electronic book by market forces – the consensus I’ve read and heard is that 99c is going to be the popular price for a while for anything less than 60,000 words, and a quantum leap up to $2.99 for anything thereafter. But with the ability to read the first couple of chapters free online, people can make their own judgements and pay more if they perceive they are paying for quality reading. Non-fiction will develop its own pricing scale, I think – the economics are quite different. Best, Rachel.
Very eloquently put! I agree whole heartedly.