sells for $.99. I am pondering increasing the price. I have complete control over price point because it is self-published. Currently I only make $.40 on each book I sell. Doing the math, if I sell 25 books a month for 1 year that is only a profit of $120. I certainly can’t live off of that – it wouldn’t even cover a week’s worth of groceries for a family of 5. I was originally hoping selling it at that price would encourage more readers to buy
but so far I can’t say that has happened. “Nowhere” sells for $5.50, which was set by the publisher and is based on the number of pages. It is a great value for a book that will provide several hours of entertainment and enjoyment. I’m not sure if “The Perfect prom Date” hasn’t led more readers to “Nowhere” because their prices are within too great a range, or if people who bought “The Perfect Prom Date” for $.99 didn’t love it enough to buy another book by the same author for more money.
Please share your thoughts or comments on price point. I am in need of sage advice.