Understanding Penetration Pricing and Premium Pricing of your ebook on Amazon

Book pricing on Amazon, novel pricing, competetive pricing, premium pricing

One of my daughters is a capable artist and headed to an undergraduate program in Medical Illustration soon. As an aside, she is getting smarter about posting her art to websites and beginning to think about how to charge for her work. I’ve recently had similar discussion with some other writers about how they price their novels. What is really being discussed here is “Penetration Pricing” vs. “Premium Pricing”. Based on my own experience, it sounds more complicated than you might first think, but it is really not that complex.

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$1000 donation from books sales to the VFW

VFW Donation, National Home for Children

I am happy to share that since I last made a donation in March, my sales of Youth In Asia about the 173rd Airborne Brigade during the Vietnam War have generated more than $600 of income for me. Not bad for a book priced at just $1.49, and of which I only get 30%. Since I’ve promised to donate half of my earnings, that is $300 more to donate.

Additionally, Crawford Roberts, the accomplished producer of the audiobook version of my novel had offered his services at a discounted rate, and then, after working on the projected, offered to complete it for free. I did not feel right keeping the $200 I had promised him, so I have added it to the $300 I will contribute. That makes $500.

Better yet, my employer again agreed to match my total contribution, so (in part due to Crawford’s and my employer’s generosity) I have just made a $1,000 contribution to the VFW’s National Home for Children.

Vietnam War Veterans, Vietnam War Memorial, VWF, purple heart, medal of honor

With your help, I have now donated $1,650 to the VFW, Wounded Warrior, and similar organizations from my book sales to help our veterans

I will also donate a portion of my revenue from Lonely Hunter. Two of my children are chronically ill, so I’m happy to give to organizations doing medical research from which my children and all children will someday benefit.

 

Star War’s Rogue One and Lonely Hunter: Strange Coincidences

Rogue One, Star Wars, Science Fiction Movies, Sci Fi Movies, Best Sellers, Bestsellers, Science Fiction Bestsellers, Lonely Hunter novel, End War

Star War’s Rogue One: A short Review

I took my four teenage daughters to see the sci fi movie “Rogue One” a few days ago. There were some really strange coincidences between the movie and my forthcoming novel, Lonely Hunter. But first, some thoughts on Rogue One.

None of my kids are particularly dialed into Star Wars, but a few have seen a prior movie or two. I’ve seen four of them (swore I’d never go to another one after Clone Wars). Three of my kids enjoy various Sci-Fi-ish flicks from time to time such as Hunger Games, Inception, the Marvel franchise, Transformers, etc. We all thought the trailer looked interesting, so we gave it a shot.

The consensus coming out was that it was underwhelming at best. But what was really weird were the number of coincidences with my own novel.

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The Road: A Review of Cormac McCarthty’s classic

The Road, Cormac McCarthy

The Road. Indeed. It is a road, a journey, a trek through hell, but is both more and less than that. Less than that meaning: Cormac McCarthy presents bleak as no other writer can. While I was reading it, several times I thought that I’ll never again believe a writer who uses the word “hopeless” to describe the plight of their character. In The Road, there is nothing but hopelessness. Almost. Which leads to where I struggled with this novel.

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The New AutoCrit editing software: A Review

AutoCrit banner

I have written about grammar checkers and style checkers before. I continue to believe they are a powerful tool in a writer’s tool bag. AutoCrit has revised their editing software product and has an active marketing campaign underway. I signed up for their trial membership for $1 for a week. Yesterday I spent about 3 hours working on my upcoming novel with their cloud-based app. In the end, I had two strong opinions about their updated writing software.

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How to write a Bestseller? The Girl, The Girl, The Girl

The Girl with the Dragon Tattoo, Gone Girl, The Girl on the Train, Bestsellers, Best sellers, Amazon

A recent article argued that there is a formula to writing bestsellers. The article says the algorithm is “built to predict, with 80 percent accuracy, which novels will become mega-bestsellers. What does it like? “Young, strong heroines who are also misfits (the type found in The Girl on the Train, Gone Girl, and The Girl with the Dragon Tattoo). No sex, just ‘human closeness.’ Frequent use of the verb ‘need.’ Lots of contractions. Not a lot of exclamation marks. Dogs, yes; cats, meh.” So if you are writing a novel and want to trump your competition, you should abide what this book says, right? Let’s see how I’m doing with my upcoming science fiction novel:

* Young, strong, heroine — check.
* Misfit — check.
* No sex — this one is an in betweener…you’ll have to read the novel to understand.
* Human closeness — check.
* Frequent use of the verb “need” — hmm… 154 times in a novel of 116k words…I can work on this one.
* Lots of contractions — I probably need more, so this is fixable.
* Not a lot of exclamation marks — I’ve got too many. I can fix this.
* Dogs — Several of them.
* Cats — One. Dead.

I suppose if I put an image of a young woman on the cover… Bestseller, here I come!

Maybe…

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Book Publishing: Should you Self-Publish or go with Traditional Publishing?


Publishing Contract

Traditionally Publish or Self-Publish? This is a more complex question than it first appears. You also have to answer 1) What are your objectives? 2) What are you willing to do/not do yourself to help sell your book(s)?

I have modest experience with both traditional and self-publishing: 20 years ago I wrote a novel, printed it, put it in a box and sent it to what back then was a medium size, independent publisher of military history that was trying to break into the fiction market. I had no agent and put a letter in the box to the effect of ‘let me know if you want to publish this.’ A few weeks later I got a thick envelope back. They loved the book and had sent me contracts for it and two more books. I signed all three contracts and they sent me advances for all three.

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Writing a novel? Warning: Bad Days Ahead

bike ride, endurance sports

I think about writing like I think about long distance biking. I (used) to do a century (100-mile) bike ride about once every other month and even tried a double century (but only made it 172 miles ). Tour de France rider I am not.

The analogy is this: Writing is a long-haul exercise, just like any endurance sport. And if you are into endurance sports you know you are going to hit really bad times along the way. It’s going to happen. You have to be ready for it, or you will give up when you hit the hard times.

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