Brand Perceptionīrand perception is simply how people perceive the author and in some cases the publisher. The BookBeam Extension allows you to quickly see averages of book prices for whatever your niche may be. If most competing books are priced around $15 and you attempt to sell yours for $20, you most likely will get fewer sales than you could at a lower price point. In more basic terms, this just means that consumers will evaluate your book against your competitor’s books. If there is a market for your book, then there also are going to be other books competing to satisfy that same demand. Prices of Other Books in the Same Nicheĭo not forget about basic market dynamics. There are multiple factors to consider when selecting an optimal price point for your book: The RoyaltyĪfter all the effort that you put into producing your book, it is only fair that you get paid! So first things first, you should select a price point that allows you to collect an acceptable royalty, which is what our print royalty calculator is made to help you do. How to Pick the Best Price for Your Book? The costs are not calculated based on the amount of ink used but from the number of pages that your colored ink interior has. Each page is in full color, so it is easy to justify the increased price.Īn example of “not-so-good” use of the colored ink option would be a 200-page book with a few colored pictures here and there. Your book will have to be priced much higher with the colored ink option.Īn example of good use of the colored ink option would be a children’s picture book. For this reason, we would suggest that if you do go for the colored ink option, you make very good use of it. Should I choose black and white or colored ink?Ĭolored ink costs significantly more than black and white. The discount comes out of their cut of the book’s sale price. This means that your sales rate is likely to increase without you earning a lower royalty rate. And that is good news! Whilst Amazon reserves the right to adjust the price for your book, your royalty will remain the same as for the list price that you set. Most often this is because Amazon is running a discount for your book. Why is my book’s price on Amazon not the same as I set it in my KDP dashboard? It’s quite obvious that Amazon is incentivizing publishers to price their kindle eBooks in the range of $2.99-$9.99. They are $0.15/MB for the US, £0.10/MB for the UK, and €0,12/MB for the European marketplaces. From $2.99 – $9.99 the royalty rate is 70%.Īlso, another element to keep in mind is the delivery costs which get subtracted from your total royalty, when you opt for 70% royalty. The basic royalty structure for Kindle eBooks is quite simple. How Amazon Calculates Royalties for Kindle eBooks If your book happens to be, for example, 80 pages long, you can still add 28 pages without increasing the printing cost.įor colored ink, the printing cost stays the same until 42 pages. This means that your printing costs (and royalty) will be the same when your book is 24 pages long or 108 pages. Note that for black and white ink books, the printing cost stays the same until 108 pages. You can learn more about royalty and printing cost calculations on Amazon KDP’s website here. How Amazon KDP Calculates Printing Cost & Royaltiesįixed cost + (page count * per page cost)
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