Laura Hazard Owen writes an interesting article I thought my followers would be interested in…What should you price your ebook at? Turns out most authors price their ebooks at $2.99, but what sells the most copies? $3.99! Read a snippet below…Full article can be found here.
What’s the best price for a self-published ebook? $3.99, Smashwords research suggests
One of the biggest decisions that self-published authors have to make is how to price their ebook. What’s the sweet spot? Self-publishing platform and digital bookstore Smashwords analyzed 11 months’ worth of sales — $12 million, 120,000 ebooks sold — to discern some best practices for self-published authors. The full report is here. Among the findings:
I hope you find the above article helpful in determining the best price to market your ebook! Their is no magic number, but stats sure help!
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