Lower pricing definitely doesn’t always mean more sales or borrows is a new thread at Kindle Boards.
“So I dropped the price on my book for the weekend to 99 cents,” writes Alison Perry, the South Carolina-based author of Hell’s Belles. “I also have a promo on Tuesday and (being new) I wasn’t sure how long it would take for the price to update. Well, I went from 3-4 sales and a couple borrows a day to nothing."
Significantly, Kindle Direct Publishing offers 70 percent royalties on books priced between $2.99 and $9.99.
OK, so what are your current feelings on the pricing issue, for writers in various situations (including those in the Kindle Unlimited lending program)? One size definitely does not fit all.
Let’s hear not just from writers but also from TeleRead community members who are not.
Just remember: The goal here shouldn’t be to drive the usual sales price down to zero. There needs to be a compromise—pricing that respects readers’ budgets but still enables good writers to earn a living.