₦airaland Forum

4 ebook pricing strategy ideas you can try.


1. Down and Up.
This method may help you in finding the best price point for your ebook. Reduce your ebook price by $1.00 every three days until you reach $0.99. Wait three days, and then raise your price in $1.00 increments up to say $4.99.

If you see an increase in sales at a certain price point, repeat the same exercise again to check if the same pattern occurs. If you don’t see enough sales to form a conclusion, try again with a longer frequency of perhaps five days.

2. Increase your price.
This may sound odd if you are struggling with sales, but a higher price can work on two fronts. One, a higher price often gives a potential buyer the sense of a better product (or ebook) and secondly, sales at a higher price will increase your ranking much faster.

3. Different US and UK prices.
These two ebook markets are very different and particularly when it comes to price sensitivity. I wrote about the differences between US and UK ebook prices in another post, and how UK ebook buyers are far more reluctant to buy ebooks priced over £1.99.

In fact, the majority of ebook sales in the UK are at £0.99. As Amazon UK is a geo-locked store, there is no problem with offering your ebook at a lower price compared to the US store, as only UK buyers can purchase ebooks from Kindle UK.

You can set different prices in your KDP pricing page by turning off the setting, ‘Set UK price automatically based on US price.’

4. Make book one very cheap.
If you have published a series, sacrifice the price of the first book in the series at say, $0.99 to hook new readers, and then set each subsequent title in steps of $1.00 more up to say, $3.99 for the latest title in the series.

4 ebook pricing strategy ideas you can try.


1. Down and Up.
This method may help you in finding the best price point for your ebook. Reduce your ebook price by $1.00 every three days until you reach $0.99. Wait three days, and then raise your price in $1.00 increments up to say $4.99.

If you see an increase in sales at a certain price point, repeat the same exercise again to check if the same pattern occurs. If you don’t see enough sales to form a conclusion, try again with a longer frequency of perhaps five days.

2. Increase your price.
This may sound odd if you are struggling with sales, but a higher price can work on two fronts. One, a higher price often gives a potential buyer the sense of a better product (or ebook) and secondly, sales at a higher price will increase your ranking much faster.

3. Different US and UK prices.
These two ebook markets are very different and particularly when it comes to price sensitivity. I wrote about the differences between US and UK ebook prices in another post, and how UK ebook buyers are far more reluctant to buy ebooks priced over £1.99.

In fact, the majority of ebook sales in the UK are at £0.99. As Amazon UK is a geo-locked store, there is no problem with offering your ebook at a lower price compared to the US store, as only UK buyers can purchase ebooks from Kindle UK.

You can set different prices in your KDP pricing page by turning off the setting, ‘Set UK price automatically based on US price.’

4. Make book one very cheap.
If you have published a series, sacrifice the price of the first book in the series at say, $0.99 to hook new readers, and then set each subsequent title in steps of $1.00 more up to say, $3.99 for the latest title in the series.

Seems no one here knows

Anyone

Good day
I would like to ask if anyone here knows what the rates for advertisement on lindaikeji website is.

I sent them a mail but no response yet

Benefits of using KDP for publishing and pricing

First and foremost, it's important to note that book pricing (like any pricing in retail) is fluid. You as the author and publisher have power and control over the price, and the ability to change it when you see fit.

The main benefit of KDP when it comes to pricing it that it's flexible. You can set your book to pretty much any price you want. This flexibility is a massive advantage when it comes to testing and experimenting with your ebook pricing.

No matter how much advice you read and receive, you'll need to experiment with your pricing strategy, particularly when you're first starting out. It's all about finding the sweet spot between earning what you deserve for your hard work, and making sure readers are satisfie

Benefits of using KDP for publishing and pricing

First and foremost, it's important to note that book pricing (like any pricing in retail) is fluid. You as the author and publisher have power and control over the price, and the ability to change it when you see fit.

The main benefit of KDP when it comes to pricing it that it's flexible. You can set your book to pretty much any price you want. This flexibility is a massive advantage when it comes to testing and experimenting with your ebook pricing.

No matter how much advice you read and receive, you'll need to experiment with your pricing strategy, particularly when you're first starting out. It's all about finding the sweet spot between earning what you deserve for your hard work, and making sure readers are satisfie

Good day everyone.

I hope we are all doing well as per marketing our books.

I would like to give everyone a new promotional site for books.

The site is :

www.allauthor.com

It has good features and would allow you list 4 books for free.

Lots of followers on twitter and instagram and facebook also.

Check it out and use it

Firstimedaddy.com

Good day everyone.

I hope we are all doing well as per marketing our books.

I would like to give everyone a new promotional site for books.

The site is :

www.allauthor.com

It has good features and would allow you list 4 books for free.

Lots of followers on twitter and instagram and facebook also.

Check it out and use it

Don't forget to market your books.
That's the next step after publishing.

Godmother:
I have missed this thread.

Welcome back

Some of my scheduled tweets just went live.
�

It was done through www.askdavid.com

Their tweeter handle is @book_tribe

Some of my scheduled tweets just went live.
�

It was done through www.askdavid.com

Their tweeter handle is @book_tribe

Twitter Book Marketing

There are lots of handled on twitter where you can advertise your book.

I am currently running a free book promo for one of my books and I have been building relationships that would be of benefit on the long run.

Also I am beginning to get more likes and retweets.


This is one of the benefits of marketing your book on twitter but you must note that results always vary and you would get more download and sales on the short and long run.

Some marketing accounts on twitter include

@book_tribe

@klinkerbud

@AmazngKindles

@TweetYourBooks

@AmazngBooks

Go out there and get more audience for your books.

Below is a screenshot of my latest tweet

Twitter Book Marketing

There are lots of handled on twitter where you can advertise your book.

I am currently running a free book promo for one of my books and I have been building relationships that would be of benefit on the long run.

Also I am beginning to get more likes and retweets.


This is one of the benefits of marketing your book on twitter but you must note that results always vary and you would get more download and sales on the short and long run.

Some marketing accounts on twitter include

@book_tribe

@klinkerbud

@AmazngKindles

@TweetYourBooks

@AmazngBooks

Go out there and get more audience for your books.

Below is a screenshot of my latest tweet

wakes:
Great. Thumbs up for the website. I wish you well.
Blessings!

You are welcome bro.

PerfectlyPerfect:
;DDude u crazy

No .

I am not. It should be one of their primary asignments

This period of teething can be stressful for parents.

My son is two years plus now but when I look back at the first major illness he had, i thank God that we all survived it.

His temperature was very high for 3 consecutive day that we literally did not sleep throughout. we had to dab him with a wet cloth all through and he was definitely not eating.

With proper care, the most trying periods should be over within 3 to 5 days

kushlord:
have you heard simi's old song "Jamb question"??

Sure. Very interesting song

More on book marketing - www.askdavid.com

I got some mails over the weekend wanting to know how to use the site listed above.

www.askdavid.com is a book submission site where you can list your books for free and also for paid listing.

To use it for free, you need to have your books up on Amazon KDP SELECT and should be free. once you have done this you will be able to list a free listing for the duration.

also for the paid listing, you post will be available on their website for 3 days and also on twitter to over 51k follower (this figure includes facebook)

i took time to post my free book on twitter through their platform. You can also schedule for future dates.

I even have a tweet scheduled for May 2018.

More on book marketing - www.askdavid.com

I got some mails over the weekend wanting to know how to use the site listed above.

www.askdavid.com is a book submission site where you can list your books for free and also for paid listing.

To use it for free, you need to have your books up on Amazon KDP SELECT and should be free. once you have done this you will be able to list a free listing for the duration.

also for the paid listing, you post will be available on their website for 3 days and also on twitter to over 51k follower (this figure includes facebook)

i took time to post my free book on twitter through their platform. You can also schedule for future dates.

I even have a tweet scheduled for May 2018.

INFOTECH2:
There are lots of options when it comes to marketing your book.

Making use of Social Media is one of the options and I would recommend the following groups on Facebook

1. Free Kindle Books FB group
2. Free Bookclub
3. Free Kindle Book Club

They are all on facebook and you can share you link there.

you can also try the following submission sites

www.awesomegang.com
www.askdavid.com

Book Submission Site

www.askdavid.com

This site is good for exposure for your books. On this site, you can list your book during the free day on kdp select.

there is also a paid registration of 15usd for a six month period. during this time you can list your books as many times as possible

kingcypress:
Op guess you are typing this from Pluto.

No. Na from Naija

One of the ways to ensure you your books do well is to build a list.

Having a list or some form of audience will boost your chances of making it up Amazon's algorithm.

Prelaunch List Building – If you are a blogger there is a good chance you already have a growing email list. If not, this is a great time to open an AWeber account and start collecting those email addresses. This will allow you to build anticipation, communicate your progress, and announce your eBook’s release to those interested. While pre-ordering may not be available, you can certainly pre-sell your audience.

Marketing your book os a vital part of self publishing.
Imagine after all the hard work you have put into making your book ready(from idea generation to keywords, formatting, uploading etc.) Then you have no sales or the sales come in trickles.

You have to ma K e word about ur book spread far and wide. When you achieve this,Amazon will matket for y ou.

We all need to see marketing as very important process to our success in making money from our books.

SoNature:
Hi mk82,

My book has gone LIVE.

Please how do I promote it?

Thank you

There are lots of options when it comes to marketing your book.

Making use of Social Media is one of the options and I would recommend the following groups on Facebook

1. Free Kindle Books FB group
2. Free Bookclub
3. Free Kindle Book Club

They are all on facebook and you can share you link there.

you can also try the following submission sites

www.awesomegang.com
www.askdavid.com

I have 6 books on amazon and 3 on Createspace and marketing is really a big aspect of this business.

Marketing is very important and will give your books exposure but its your book cover and description along with keywords that will make you sales.

At times you need to do it daily sef just to improve the traction.

Some of my book covers below.

How to Market a Kindle / CreateSpace Book


While eBooks can go viral on their own, why leave it to chance? Marketing a Kindle eBook does not need to be stressful or expensive. And it is never too early or too late to promote.After all the work you have put in to write the book, it only makes sense to do some promotion along with the efforts you have put in.

Some of the wonderful steps you can take include the following:

Prelaunch List Building – If you are a blogger there is a good chance you already have a growing email list. If not, this is a great time to open an AWeber account and start collecting those email addresses. This will allow you to build anticipation, communicate your progress, and announce your eBook’s release to those interested. While pre-ordering may not be available, you can certainly pre-sell your audience.

Giveaways – One of the big perks of Kindle Direct Publishing is the giveaway. Amazon allows you to make your eBook available for downloading free of charge five days every 90-day period. This is a great opportunity to get a little free promotion and hopefully reviews when you first release your eBook. There are dozens of websites that announce free Kindle eBooks.

Guest Blogging – I don’t know that every eBook is suitable for a virtual book tour, but if your ebook solves a problem you should not pass up this opportunity. Submit actionable guest posts to blogs in that niche. And this isn’t a limited time thing. Any time that you guest post on a relatable topic, link to your eBook in your author byline if allowed.



Sponsored Reviews – If you are a blogger you are likely already familiar with sponsored opportunities. Why not become the sponsor for once? If you already have an email list (or are building one during prelaunch) you can exchange a free copy of your eBook for a review by another blogger. If you do not currently have an email list or you would like to expand your reach beyond your own audience, sites like Business2Blogger offer an affordable option for connecting with review bloggers.

Blog About It – This may seem silly but there are so many people who are afraid to sell to their own audience. These are people who already trust you and love your content. There is absolutely no reason that they wouldn’t be interested in your eBook. Tell them about it!

Author Page – Once you publish your first Kindle eBook, you will be able to set up an author page on Amazon Author Central. This is a great opportunity for cross-promoting any future eBooks, you can include the RSS feed for your blog, link up your social profiles and more. Take advantage of this free publicity and feel free to link back to it in your email signatures, About Me blog page and more.

Social Media – This is another great place to build buzz for your new book. If you are in business to make money, you should always be culling and nurturing your following. Connie Brentford is a Twitter Master and has shared some tips with us in the past here. You can also join her Twitter for Authors mailing list.