7 Must-Consider Strategies for Ebook Pricing
Beth Bacon speculates on "7 Must-Consider Strategies for Ebook Pricing." His seven factors are:
- Charge extra for convenience,
- Link ebook prices to their value proposition [proven, popular authors should get a larger return],
- Factor in the author’s time,
- Make them free…to help gain market share,
- Price newer titles higher than old ones,
- Tie an ebook’s price to the cost of other formats, and,
- Let the readers decide.
Bacon raises several arguements for point 6 (pricing newer titles higher than old ones). In addition, the Biblical concept of paying less for a shorter lease (Leviticus 25:15) may be a logical precident, as the author's right to profit is of limited duration.
-DDLabels: ebook pricing, publishing trends
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