You have to go make and make the changes yourself. To keep it at the price you want, you should set it manually.Īre you planning to keep the price of your books low the whole time, or will the discount only be applicable during a sale period? To date, Amazon does not offer any feature to apply discounts during a given sale period. Amazon bases its pricing on the exchange rates, and since this fluctuates throughout the day, the price of your ebooks would go up or down as well. You can easily find the breakpoint information if you check your book’s pricing dashboard.Īdditionally, it would be a good idea to keep an eye on international stores. For others, the price breakpoints will vary. Note that the price points only work if your primary marketplace is. Once you have this chosen, you can go ahead and price that specific title to as low as $0.99. If you choose to mark it below $2.99, you have to tick the 35% royalty plan option. This is where you can reduce the price of your book. Look for the section marked “Royalty and Pricing”. Click on the ellipsis button or the existing price of the ebook and select the option to edit the ebook pricing. Find the title of the book that you wish to offer at a discounted price. Simply log into your KDP account and go to the dashboard. You can edit the price of your content on the author’s dashboard. However, if the ebook’s price is between $0.99 to $2.98, you will only receive 35%. To give you an idea, if your book is priced at $2.99 and higher, you will receive 70% of the sale price. It is important to note that the lower you price your books, the lower the percentage of royalties you will be receiving. If you don’t know what KDP means, it is simply Amazon’s platform that helps authors self-publish ebooks, hardcovers, and paperbacks for free. If you are planning to write a series, those who have read and liked your first book will probably buy the rest as well.Ĭan You Make Money from Amazon Self-Publishing? | SelfPublishedWhiz This first option to offer your ebook at a discounted price is applicable to books that are published through KDP or Kindle Direct Publishing. Growing your fanbase would mean it would be easier to market your future releases. Good reviews will attract more potential readers. You have a higher chance of gaining loyal readers who would come back and check out your other titles.Īnd most readers nowadays post their recommendations and reviews. Granted that lowering the price of an ebook would mean the author won’t earn too much per sale, the benefits could potentially outweigh the loss in initial revenue. Plus, that price is unjustifiable considering that publishing ebooks is much cheaper. The cheaper books were read by 74% more readers.īased on the numbers, the retailer claims that pricing any ebook at $14.99 or higher is simply too much for the average reader. But the benefit is not just the higher royalties. This translates to roughly 16% more revenue for the authors. It might sound counterintuitive to sell your work for a lower price but there are numbers that would back this strategy.Īccording to Amazon, during a period of observation, certain ebook titles that were priced at $9.99 sold nearly twice as many copies as those that were sold for $14.99. Before you learn about the steps to lowering the prices of your books on Amazon, you might want to learn why selling cheaper is beneficial to you as an author.
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