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One of the problems facing Indie publishers on Amazon is, "How high should I price my book?" I agree that is something you have to consider carefully. Amazon has a "feature" that is supposed to advise you on what books similar to yours have been been priced at. I have found that this feature always tells you that you should sell your book for $2.99. I wouldn't put too much faith in that helpful feature.
Some say that $3.99 is the pivot price for a novel. Well, that may be. However, there is another thought on this. It takes into account human nature. Some readers look at books and if it is priced very low they think, "This can't be a very good professionally written book." I tend to agree with that opinion. Of courses, new authors want people to read their books so they come established as good writers. But if nobody buys your book at $3.99 how are they going to know if you are a good writer or not?
I have some experience in pricing. I have tried it both ways and I find very little difference. I am a good writer and have been at it for many years and since I am retired and can devote all the time I want to writing I can afford to try pricing my work at difference levels. I have found that what pricing from #3.99 to $6.99 makes little difference. Of course, I am not going to tell you how to run your career. But if your novel isn't selling at one price you have not much to lose by varying the price to see what is best for your particular genre.
Until next week, Good luck - and keep writing!
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