Ebook price experiment

Tue 6 Apr 2010 - Filed under: Not a Journal., , , , , | 3 Comments| Posted by: Gavin

Just added a new DRM-free PDF ebook: Sean Stewart’s Mockingbird here and on Weightless for an introductory price of $5.95.

Once it goes live on other sites the price will have to rise to $9.95—otherwise they will drop the price to match ours and the author would get a pittance*. So get it cheap while you can! We also dropped the pb price on it (and a few other titles—including the Working Writer’s Daily Calendar which has dropped at least 25% in price as the year is 25% over!).

At $5.95 (call it $6) the author gets $3 a pop (yay!) from here/Weightless which is actually more than from Fictionwise or on the iPad/Kindle, etc., where the split goes:

Price: $10
Seller: 50% = $5
Publisher: 50% of 50% = $2.50
Author: 50% of 50% = $2.50

So the experiment is to see whether we can sell a decent number at $6 and maybe see if we should drop our prices on other ebooks. (Because after all, isn’t demand price elastic? So that demand should increase with lower prices? Well, so we are told and so we will experiment and see!)

* OK, that pittance would pretty much match the p-book rate! So maybe we will drop the price later. There’s always later, right?