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eBook: Free, 99 Cents, or Ten Bucks

UserPost

1:32 pm
January 18, 2011


Buck Inspire

Member

posts 1546

Hi all,

 

Just curious for all the eBook authors.  What is the best selling price and why? Confused

2:09 pm
January 18, 2011


Jason@LiveRealNow

Member

posts 727

I'm not an ebook author, but that won't stop me from sharing an opinion.  :)

 

Free or full price.   Discounted price gives you less value in the minds of your customers.

3:03 pm
January 18, 2011


Mike – Saving Money Today

Member

posts 520

I would suggest going even higher than ten bucks if the quality warrants it.  As long as you provide a good value for the price I don't think anyone would complain.  Forget about 99 cents…that's like saying, "This product is worthless."

6:00 pm
January 18, 2011


Khaleef @ KNS Financial

Fat Guy, Skinny Wallet

Member

posts 3149

For some reason, 99 cents would make the product seem cheap and worthless in my mind, while free just tells me that you are doing some sort of clever marketing and your "real" product has great value!

Khaleef "Fat Guy" Crumbley

My Battle to Lose 100lbs and Pay off $100k in Debt:

http://fatguyskinnywallet.com

http://twitter.com/FGSW

http://www.facebook.com/fatguy…..innywallet

Personal Finance From A Biblical Perspective:

http://knsfinancial.com

http://www.facebook.com/knsfinancial

http://twitter.com/knsfinancial

6:40 pm
January 18, 2011


mbhunter

Member

posts 198

Great question.

99 cents is a "Why not?" price for iPhone apps and the like, but I haven't seen anyone sell a standalone e-book for 99 cents.

If you're on the Amazon platform and aiming to sell e-books for Kindle, you'd still want to price it higher than 99 cents.  I'm considering whether to do 99 cents for my wife's fiction book, but that's another genre entirely.

If you do give it away free, make sure you're collecting e-mail addresses for a newsletter or something.  Or include affiliate links within.

Mighty Bargain Hunter — blogging on personal finance since 2005

Get money-saving tips with the newsletter!

Also follow me on Twitter and like me on Facebook!

9:57 pm
January 18, 2011


Buy Like Buffett

Member

posts 1682

99 cents is way too low. The price depends largely on how much time you put into it and how valuable people consider it. I am charging $19.99 for my new ebook for the first week. Next week I bump the price up because I think it contains a lot of useful info.

 

 

Mark

Learn how to build wealth at Buy Like Buffett.

Learn about making money online at Mark Riddix dot com

Follow me on Twitter

6:12 am
January 19, 2011


financialstudent

Member

posts 86

Depends on the content and what you're hoping to accomplish. If it's your 1st ebook, then free is a good way to prove you're not full of sh*t. If you're hoping for revenue and your ebook truly provides a ton of value, then full price is the way to go. Bargin prices could work though for say your existing blog content fancied up.

10:14 am
January 20, 2011


TightFistedMiser

Member

posts 361

As others have said it depends on the content and where you are selling the book.  I'm guessing as a PF blogger you are writing a PF book and selling it on your site.  If that is the case I'd either go free to get people interested or $10 plus to actually try to make money.

If you were selling on the Amazon Kindle plaform than 99 cents would be a reasonable price.  Amanda Hocking prices some of her books at 99 cents and sells 100,000 books a month.  That strategy works better when you have many other titles for sale as welll.  She writes paranormal romance which I'd guess is going to get a better response than a PF book.  PF books don't usually come out as trilogies.  Maybe you could combine a personal finance book with paranormal romance.  With vampires having such long lives compound interest could really work for them.


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