I know you're all just waiting for me to post more of my numbers. Well, I won't keep you waiting any longer. Here's what's been happening this month so far with my sales:
1st: 116 sold. (Wow, what happened that day?)
2nd: 50 sold.
3rd: 66 sold.
4th: 56 sold.
5th: 34 sold.
6th: 30 sold.
7th: 35 sold.
As you can see, the month started off with a bang! And things have slowed down here lately. But I still am selling well beyond my 17 sales that I need to tie what I was doing before I dropped my price to 99 cents. So, even though I'm slowing down, I am still happy with the 99 cent price and plan on keeping the price for now.
As for what I will price my next book at... I'm really not sure. At first I thought I would start it out at $2.99 to see what it can do. Then I changed my mind, wanting to make a bigger bang with rank and decided to start it at 99 cents. Right now I keep waffling back and forth, not sure what I will do. I might try an introductory price of 99 cents, and see what happens. But I don't want to be locked into raising it if it's selling much better than Not What She Seems. So I'm torn.
Have you played around with your book price? I'd love to know if you have found that sweet spot for your book.
Vicki
Friday, October 8, 2010
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I thought about it, but decided not to. It's very tempting though. I'm still thinking about it, so we'll see.
ReplyDeleteI was VERY successful with lowering my price to .99 cents. It's been very exciting really, because those are readers I might not have had before. I'll raise my price back up soon after I release my short story collection.
ReplyDeleteWhen will your next book be out?
Karen - I'm so glad you're selling so well at 99 cents. I totally agree, I'm gaining so many new readers! It's awesome! I'm on Chapter 8 of my next novel. I really hope it's done and edited before the end of the year. I try to get at least some written each day. It's going well so far! :) Thanks for asking!
ReplyDeleteEverybody has the right to price their work where they choose - so I'm sticking where I'm at.
ReplyDeleteI'm going to wait. This is a slow time of year. Next month Nooks & Kindles will be flying off the shelves.
I appreciate you sharing this information, glad it is going well for you.
Hi Victorine, I look forward to reading more about your pricing experiment. I changed the price of Charlotte Collins on ebook from $4.95 to $2.99 and doubled my sales. (I was uneducated about ebook pricing at the time I chose $4.95 btw.) I am toying with the idea of doing future release at .99 for a limited time, but I'm not sure, so I am still gathering data.
ReplyDeleteThanks for posting your numbers so frankly. It's something that has been lacking in this industry for a long time.
Jennifer Becton
http://www.jenniferbecton.com
Thank you, Jennifer! I really should do an update, sales have exploded lately. I'll try to post another update on Monday. We're celebrating Christmas with family today. :)
ReplyDeleteVicki, even Joe Konrath posted today about pricing, "What does this mean? Hell if I know."
ReplyDeleteI have my first novel with a price of 99 cents. It's a YA fantasy and maybe not the best choice for my first indie novel. My second, as you know, is a very much adult historical which already looks like it will sell better--a $2.99.
Am I making the right choices? I'll have to echo Mr. Konrath on that. Hell if I know.