You dedicated two years to working on your first novel (here’s mine!). Spent several hundred dollars (or even a couple thousand) on editors and designers.
And now that you’re ready to publish, you’re being told to price your book LOW?
Screw that, right?
I’m Here to Tell You that Low Prices = Higher Readership
I do not advocate giving your book away for free, unless for reviews or giveaway contests. However, if you’re an indie author and you’re publishing your debut novel, you might have to sell your book for less than what it’s worth.
If you’re launching your indie career, I doubt this will be the last book you write. So the goal of publishing your first book should be about building readership. An engaged and dedicated readership, who will then buy book #2, and #3, and so forth …
What’s the best way to get readers to take a chance on an indie author they’ve never heard of before? Remove the risk; price your book low.
Increase Prices as Readership Grows
As you begin to build a readership, and people recognize your value as an author, they’ll be more willing to pay a couple of extra dollars for your next book.
Also, as your reviews and sales accumulate on Amazon, at bookstores, and at libraries, you’ll build enough “social validation” to increase prices of your published works.
In essence, think of your indie career as a marathon, not a sprint.
Don’t Forget to Reward Your Most Dedicated Fans!
When the time comes to begin increasing your prices, don’t forget about the readers who launched you to this place of success! Make sure to offer them discounts and benefits for remaining loyal fans.
- Coupon codes
- Pre-order deals with special pricing
- Giveaways just for them
WHAT DO YOU THINK? Do you agree that indie authors should price their books lower to begin building a readership? Comment below!