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How much would readers be happy to pay?

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How much would readers be happy to pay?

Post Number:#1  Postby Lakelander » 26 Jul 2012, 05:48

How much would OLBC Members be happy pay for an independantly published eBook which has won a prestigious Award and been chosen as one of the publishing company's 'Staff Picks'. It is a contemporary romantic novel, comprising 30 chapters running to 500 pages (that's 860 nominal eReader 'Pages'), with the first five chapters available to read as a Preview.

Is £5.99 seen as fair and reasonable? If produced as a paperback, it would cost around £12.99 online and perhaps £19.99 from a highstreet bookshop.

Your opinions, everyone, please.
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Re: How much would readers be happy to pay?

Post Number:#2  Postby Maud Fitch » 27 Jul 2012, 23:31

Visit your local public library and get it free.
"Every story has three sides to it - yours, mine and the facts" Foster Meharny Russell
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Re: How much would readers be happy to pay?

Post Number:#3  Postby Lakelander » 28 Jul 2012, 04:07

As the song says' Everything free in America' Oz as well? Here, eBooks are not yet available in the public library.
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Re: How much would readers be happy to pay?

Post Number:#4  Postby VLParker » 02 Aug 2012, 00:00

I think many people are happy to pay an artist for their work as long as they are satisfied.
People often regret going to a movie that was awful and made you resent spending even a dime to see it; this is true for music, concerts and books as well. Still, give them a great book and anywhere from $5.99 to $24.00 is not uncommon. It appears you chose a fair price for your work.
Good Luck,
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Re: How much would readers be happy to pay?

Post Number:#5  Postby Geneen Karstens » 02 Aug 2012, 05:48

Maud Fitch wrote:Visit your local public library and get it free.


I agree...the library is my favorite store.
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Re: How much would readers be happy to pay?

Post Number:#6  Postby Lakelander » 02 Aug 2012, 08:01

Re. Post Number:#4. Thankyou VL for your views. Most helpful and very much appreciated by this author.
Best regards. BB

-- 05 Aug 2012, 07:30 --

Further to the original Post Number:1, I've been on Amazon today in their Romance, Contemporary, category and looked up Danielle Steele's nine listed titles in an attempt to discover how leading writers price their novels. The results of my survey are as follows:
'44 Charles Street' (17Mar2011) Kindle Edition Price £7.16 Current discount Price £3.67 Number of Pages 338
'Betrayal' (01Mar2012) " " " £17.01 " " " £8.57 " " " 338
'Hotel Vendome' (13Oct2011) " " " £17.01 " " " £9.49 " " " 338
'Family Ties' (22Jul2010) " " " £7.16 " " " £4.74 " " " 338
'Daddy' (01Dec2009) " " " £7.16 " " " £4.74 " " " 338
'Accident' (01Dec2009) " " " £7.16 " " " £5.22 " " " 450
'No Greater Love' (01Dec2009) " " " £7.16 " " " £5.22 " " " 402
'Five Days in Paris (01Dec2009) " " " £7.16 " " " £5.22 " " " 306
'Vanished' (01Dec2009) " " " £6.26 " " " £4.74 " " " 402

Not very conclusive, I'm afraid. No wiser than when I started. My own Award winning contemporary romantic novel has 655 pages on Kindle and is priced at £5.99, which comes out about one penny per page, which I guess is as good a guide as any. How do OLBC readers judge the value-for-money aspect of eBooks they purchase? I really am inquisitive to know and I imagine other readers and authors are too.
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Re: How much would readers be happy to pay?

Post Number:#7  Postby BookNymphoJae » 08 Aug 2012, 09:15

The 5.99 price tag does seem reasonable. However the deciding factor for me would be the plot. I'd definitely want to know more about the book and read some reviews before I purchased it.
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