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dianeduane ([personal profile] dianeduane) wrote2011-05-16 11:44 am

In the Ebook Dep't: "A Wind from the South" and strange sales behavior

Cover of Kindle version of A Wind from the South

So some of you may remember that a little while ago I moved A Wind from the South from its free-at-website-only status to wider availability at Amazon, this time actually charging money for it... i.e., a shattering USD $1.99. (Having first made sure everyone who might have wanted it free had had their chance.) This was in the nature of an experiment, to see how (or if) low ebook prices worked for me.

So the first paycheck in which AWFTS was included has come in, and it was okay. But the sales still weren't exactly stellar. So I took the experiment in a slightly different direction: I raised the price to USD $4.99.* And suddenly sales have jumped.

Could it be that, when you're an author who's been established in print for a while, that it's not smart to price your book too low? Is it possible that people look at it and say, "Oh, this thing must be cheap because it's no good", and pass by on the other side? Or is this just some seasonal effect, or some other kind of coincidence?

It'll be interesting to see how the next month or two of sales goes. (BTW, for those of you who might want it, the book remains available for a lower-than-Amazon price at the DD.com shop. I'm waiting to see if the dreaded Amazon PriceBot  notices the lower price and discounts the Amazon version of the book accordingly.)

*For international purchasers, VAT is added and the price goes up a little. It's $5.86 when you're buying it in Ireland, for example.

[identity profile] keristor.livejournal.com 2011-05-16 11:39 am (UTC)(link)
I've seen the "too low" effect discussed elsewhere, it does seem to be real for some people (including some who are fine 'buying' free books). I would expect it more with unknown authors, however, where it looks more like "I'm desperate to get anyone to buy my book!" than with an author of established quality (although I suppose no matter how "well known" an author is in their own genre there will still be a lot of people who don't know them, I'm sure there are hundreds of 'good' authors I've never read).

Pricing is, I think, a matter of guesswork and experiment. But if you both sell more copies and get more for each one that has to be a win...