Guest blogger Terry Ravenscroft says 35% of something is better than 70% of nothing.
In January of this year I published my eight paperbacks as Kindle e-books. Amazon UK pays the writer 70% of the price for books priced at over £2.00, 35% under £2.00. I priced my books at £3.49 each. My share was £2.15. Average sales were less that 8 per week.
Ten weeks ago I re-priced one of my books at 99 pence, which netted me 30 pence per copy. The first week I sold 10. The next week 57. The third week 188. The fourth week I re-priced all my books at 99 pence. This week I sold 3,350. Do the math, as they say.
Check out Terry’s Amazon page at http://amzn.to/nKRuEI