Showing posts with label pricing. Show all posts
Showing posts with label pricing. Show all posts

Saturday, March 26, 2011

How Much is it Worth? Online Price Wars

So I've been thinking about the different costs for various kinds of electronic media.  A song can cost a dollar or two with artists giving some away free in an effort to entice listeners to purchase more. The New York Times has begun to charge online readers after a certain number of articles are viewed.  E-books can run anywhere from $1.50 to $200 depending on the content and how many competitor books are available.  The question now becomes, should I package The Brothers in such a way (or some of the other works I have going) that the first chapter or a segment is free, and then the person can buy the whole thing if they like it?  I'm not sure.  It's an interesting idea.  Of course, if a book is priced low enough, many people will buy it regardless simply because the price is not prohibitive. It is however, possible to price something too low, implying that a product is not valuable and therefore not worth the pittance it costs.

I'm going back and forth in my head what price I should put on my little book of fiction.  It is getting to be about that time to publish.  I'm pretty sure I will go through Book Baby and make the book available through the large distributors of e-books.  It seems to make the most sense, but I will have to check to see what the difference would be to go through each company myself.  Then I have to check on the copyright situation.  I really don't want anyone snagging my stuff, as seems to happen these days, just because I didn't do the legwork to make sure I kept all the rights to my work.  Yes, my days are full of these questions - these along with what clothes I won't be using next month and which shoes I can pack.  Decisions like these are both exciting and mind-numbingly tedious.  *Sigh*