My question is: How much are you willing to pay for an e-book?
WRITERS, this is not a question of how much will you price your books. I want you to answer the question as readers. READERS, how much would/will you pay for an e-book?
At the right sidebar, you’ll find the poll ——————–>
Seeing as I love to over explain everything, here I go …
Nathan Bransford had a poll on his blog about the price of e-book based on the hardcover price. Here are the results.
My poll is different because I don’t want you to consider hardcover price. Lately, many small presses and indie authors don’t have hardcovers out there, only e-books and POD paperback. For those who don’t know, POD means Print On Demand, which means the book (paperback usually) is only printed when bought by a reader and in the quantity bought.
I also found this poll on David Maine’s blog. He asks how much you would pay for the e-book of an author you never read before, which is somewhat like what I’m asking.
The writing/publishing market changed SO MUCH during the last 2 years. I’m doing this poll more out of curiosity to see where readers stand now.
Let’s take me, as reader, in consideration (the following are thoughts of mine that may or may not be correlated):
- In August, Richelle Mead will have 2 books out. Their e-prices are $9.99 and $10.99. In November, Inheritance by Christopher Paolini will be released. It’s kindle price is $13.99. I’ll buy these 3 books because I’m a huge fan of Mead and Paolini, but I’m not happy about the price their books are set.
- The Iron Fey series by Julie Kagawa is priced around $6-$8 … a much more interesting price range, though it still isn’t comparable to indie books priced around $0.99-$2.99. Also, I think The Iron Knight, the next on the series, will be around $10. I’ll buy it, because I love the series, but I would rather it was priced like the previous ones.
- The Hunger Games, a very famous series, is priced between $4.70 and $7.70 … I like the pricing here.
- I’ve read several books priced at $0.99 and $2.99 but most were recommended or from authors I had heard/knew about … when it’s from a brand new author, with not many reviews to let me know if people are liking or hating it, I don’t buy. Nor yet, at least.
- Some small presses (most are digital-first) are pricing their books around $8-$9 and they have a lot of debut authors. Would I pay $8 for an author I don’t know? I’m not sure. Probably not. I would have to read tons of great reviews or receive a direct recommendation of someone I know, and I would still think a hundred times before considering it.
- About 2 months ago, a friend asked me suggestions for a few books on the genre she likes. I gave her a huge list, and soon she came back to me complaining that some books were more expensive on e-book format than on paperback. She gave up buying them.
- I read an interview with Angela James (Executive Editor of Carina Press) where she states “the company found that at $6.99, the books no longer sell.” So, if that’s true, then why the Big Six price their book almost twice that price line? I don’t get it.
As a writer, I wouldn’t like to have my books out for over $7, I think. And perhaps even $7 is too high these days. If I ever self-publish, I’ll probably price my books around $0.99-$2.99. But what if I don’t go indie? Will my books be read/bought if their prices are not that cheap?
To me, readers are more important than money (very interesting article on the topic here), but writing is also my job.
What do you have to say about e-book pricing, as a readers and/or a writer?
Cheers,