Pricing

I’ve been reading a lot of threads lately about Amazon and Kindle and how Amazon is changing the algorithms to promote books that are more expensive. It makes good business sense if you think about it. You need to sell five ninety-nine cent books or just one five dollar book. If you put equal amount of promotion into each book, naturally the five dollar book will make more money if both books benefit equally from the same amount of promotion. Make sense? There is also the ‘perceived value’ aspect of book buying. People will eagerly download free books because, well, they’re free. It doesn’t matter if they’re terrible. But I think people who download a ninety-nine cent book opposed to a five dollar book will have the preconceived notion that the five dollar book will be better and the ninety-nine cent book may have some flaws. So, on January 1^st 2013 I will be raising the price of my books to $2.99 each. I believe my novels are worth the price since they’ve all been through the ringer professionally, gotten great reviews, and have been edited by some of the best in the business. Check out the free sample chapters on Amazon. Also, a great free promo service called Indie Spotlight if featuring DROP OUT today as its book of the day. If you’re an author and would like your book spotlighted you should send Ricki (the webmaster) an email. Here’s the link to mine: http://www.rickiwilson.com/4/post/2012/11/indie-spotlight-on-drop-out-by-neil-d-ostroff-neilostroff.html