I’ve learned a lot about self-publishing over the past year and I found a large portion of it to be disillusioning, to say the least. Book Covers, Promoting, when to give it away and how much to charge. But that’s the sandbox I’ve chosen to play in and as the saying goes, when in Rome…
I love all my books, but Parallax holds a special place in my heart because of all the stories I’ve yet to work on, it was the biggest joy and pain in the butt that I ever dealt with in my creative writing history. So many starts and stops before everything came together in its current form. An evolution, really, and I’ve learned from each misstep that I’ve taken along the way and become a better writer and publisher because of it.
A major sticking point with putting Parallax out there was the pricing. How much to charge for the novel? I remember batting around a wide range of prices before initially settling on $4.99 for the Kindle Version. $1 for each 100 pages seemed fair at the time, but I’ve noticed a slump in sales which has forced me to reevaluate that number.
So, in honor of Parallax’s new cover, I decided to drop the price for the Kindle Version to $2.99 for the rest of its lifespan, however long that may be. I know it probably seems low for a 400-page novel, but honestly, I’m not in this purely for the money. If lowering the price means getting it in more hands to be read and reviewed, then so be it. Everything I do in this endeavor is in essence, an experiment. If it works, then I’m doing it right. If not, then another re-evaluation might be in order. I’m a writer, not a salesman.
The next development I am considering is paid advertising. I know, right? I’m putting out feelers to different areas to see what it may cost to run ads. Yes, I believe in Parallax that much to be investing so heavily in its success. It’s a great story that deserves to be read.
In any case, my online time will certainly not be boring for a while. 🙂
This is all stuff I’m thinking about, too. Book 4 is nearly ready to go and I was considering some of the promotions I do with kdp like maybe doing a giveaway of the first book in the series or something.
LikeLiked by 1 person
I don’t like the compromises that I feel I’m making, but as I said, that’s the sandbox.
LikeLiked by 1 person
Yeah, I hear you. Have you thought about Smashwords? I keep trying to figure out their system and something is always wrong, I get frustrated and abandon it for a couple months!
LikeLiked by 1 person
I’ve looked into them, but being signed up with KDP Select, I can’t publish the ebook anywhere else but Amazon.
LikeLiked by 1 person
Ah, yep that’s true.
LikeLiked by 1 person
Plus, I’ve never gotten a warm and fuzzy feeling from Smashwords. I can’t quite put my finger on it, but they don’t engender trust in me.
LikeLiked by 1 person
I know what you mean, they’re not terribly helpful. I would like to get on iBooks though!
LikeLiked by 1 person
I’ve never heard of iBooks. I’ve been with Amazon since Late 2014 and they’ve done right by me so far.
LikeLiked by 1 person
It’s Apple’s bookstore. Apparently, it’s a good venue for series writers. But they don’t do any direct self publishing.
LikeLiked by 1 person
Oh, so you have to be traditionally published?
LikeLiked by 1 person
No you can be self published but that’s why you need something like Smashwords as a way in.
LikeLiked by 1 person
Ohh okay. Interesting.
LikeLiked by 1 person
Oh and yeah, no complaints about Amazon from me either! They are so easy to work with!
LikeLiked by 1 person
They are definitely easy to work with.
LikeLiked by 1 person
I think 4.99 is a good price for a novel, as my erotic shorts are priced at 2.99 (some people say that’s high, but you need it that high to get the 70% royalties and what you will lose in sales you will make up in royalties. And fans of that genre are pretty used to paying that price anyway). I also think that enrolling your book in KU is a good option for those who want a more economic price.
However, I think you’re right about the end goal. That it isn’t about the money, it’s about getting more people to read it. So I hope the lower price works out for you!
LikeLiked by 1 person
I’ve been in KU from the beginning. I’ve also been revamping my keywords using some suggestions I picked up on a website that’s about boosting rankings. We’ll see how that goes. Honestly, I’m moving into areas that I have little to no past experience with so I’m moving at a snail’s pace while I learn what the heck I’m doing. On the pricing thing, I’ve always wanted to keep the prices low because I recognize that I am relatively unknown and need to compensate for that. I chuckled a little at your use of the phrase “erotic shorts”….hehe.
LikeLike
I learned a LONG time ago that there are easier and better way to earn money than through writing books. 🙂
LikeLike
Wow! That’s really a giveaway for a 400 page well written novel. Phew! There’s got to be a way.
LikeLike
I know it’s worth at least $4.99 a copy, but the fact that I don’t have a large fan base yet means I have to make some compromises. 🙂
LikeLike