You've decided to publish your eBooks on Amazon and Barnes & Noble via the Kindle and The Nook.
You've ensured that your content is excellent, formatted correctly, and is updated and accurate.
You have excellent and creative cover art, and you are going to upload everything today but you're unsure about how to price your eBook.
There are several ways you can go, we'll go over each possibility.
High Price Model - Straight out, this will not work with Kindle or Nook eBooks.
Readers actually get mad at publishers who charge the same as hard cover books, or not much less.
Publishers claim they're trying to protect their writers but the reasons don't matter as much as the lesson to you.
Don't use the high priced model to price your offerings.
Regardless of who you are, it makes people mad.
Higher than 9.
99 you also won't get Amazon's 70 percent royalties deal.
Mid Priced Model - Most publishers are charging from 5.
99 to 9.
99 for Kindle eBooks and while sales are brisk, it is actually unlikely that you can break in to this price level unless you are already very popular and have a following who will pay this price.
If you're trying to attract new people into your business this pricing level may not work, but if you're just trying to sell in a simpler way to current followers then it may work for you.
Low Priced Model - Those who want to only publish on Kindle and The Nook often go with this method.
The low price gets noticed and people are more apt to give someone they never heard of a try when the price is low.
The low priced method will attract people who are curious about your offering and avoid the problem of people who only want things for free.
Plus, you'll make a little income for your marketing efforts.
Try starting at 2.
99 as your highest price point.
Free Model - If you really want to attract people to your core business you can also offer your books free on Kindle and the Nook.
Why would you want to do this? This is something you can do when you are trying to attract an entirely new audience and need them to be attracted to the Free price.
Keep in mind that you will often get "freebie" seekers when you go with this model but it is a proven way to attract new people into your core business especially if you offer a coupon or code at the end of you eBook rewarding those who have read all the way through.
Pricing your eBook correctly for what you want to do with it is imperative if you want anyone to see the eBook.
Ensure that you also have a great book to start with.
Content is still "King" as they say.
Pay for, or create wonderful and creative cover art that grabs attention of browsers.
And last but not least, pick a great title for your book.
Titles are a lot more important than you might think in terms of selling your book.
Using a title, plus a tag line to explain what is in the book is a great addition.