Kindle online bookstore11/4/2023 Nonfiction is also subject to competition, but there are additional considerations. ( Click here to learn why a free ISBN may not be right for you.)Ĭomparative analysis is arguably the most important exercise for pricing fiction books. Other examples include Lulu, Outskirts, Author House, and Balboa Press. A paperback book’s publisher imprint shows as “CreateSpace Independent Publishing Platform” or “Independently published.” These books are published using Amazon’s free ISBN-more than a million books each year.Many of these are self-published, and inclusion is mandatory if your eBook is enrolled in KDP Select. The book is in Kindle Unlimited-Amazon’s Netflix-like eBook subscription program.That’s because royalties drop significantly at $10 or higher. Self-published eBooks will nearly always be below $9.99 and more likely, depending on the category, below $5.99. Self-published books are nearly always going to sell for less-especially eBooks. The Kindle eBook price is relatively low.Here are a few things I look for when trying to identify self-published books: This is the type of book you should be comparing yours to. Scroll down to the product details section and see if you can tell if the book is self-published.Note that series-number comparisons are less relevant after book one.) (Make sure you are comparing your book one to another author’s book one. This is a proven tactic for top-selling authors-treat book one as a marketing tool for other books in the series, or other books from that author. It is frequently the case that first-in-a-series fiction books by self-published authors are priced free or 99 cents. For fiction and certain nonfiction, also check to see if the comparable book is part of a series.What are the prices of top-selling books? Do this based on format: Kindle eBook, paperback, hardcover. Visit the category on Amazon where your book will be sold.The single best way to determine the retail price for any book is to look at comparable books: What do similar books from authors with name recognition like mine sell for? That is why this is the first question you need to answer.ġ. The most important action you can take for determining a price is to study comparative books.Retailers-certainly Amazon-have rules about minimum and maximum pricing.But be careful if you are printing the price as part of the barcode. You can change your POD print price frequently, too.I like starting low and increasing the price as reviews accumulate. Indeed, you should experiment with different price points. You can change your eBook price frequently. Exceptions: Specialized books and books written by well-known or popular writers.My advice is either to forgo a POD hardcover or to set the price for breaking even. Hardcovers: It is impossible to be price competitive with traditionally published books if you are using print-on-demand (POD).Length matters more for print books due to the cost of manufacturing. Paperbacks: Usually between $9.99 and $19.99, depending on length and subject matter.A lower number for new authors will encourage more sales and therefore more reviews. Most self-published books-especially from new authors or those generally unfamiliar to the public-are priced lower than traditionally published books. This is a long post, so if you are impatient and want to return to the rest of the post later for details and nuances, I can provide this summarized advice: If not, you can learn about that here in Part 1: The 2020 Guide to Amazon Fees and Royalties for Kindle eBooks and KDP Print. And this guide assumes readers have a working knowledge of costs and royalties.
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