When you want to determine the price for your Kindle book, researching your genre and also understanding the price your target market will pay for your book are both important. It's also a good idea to create a pricing strategy for your book that will draw in your readers.
For all of my Kindle Direct Publishing (KDP) books, I've decided to go with the 70% royalty and I charge $2.99 for my books. If my readers have Kindle Unlimited (KU), then I also have the option for them to get all of my books for FREE.
Why choosing the right price for your Kindle book is important
How do you choose the right price for your Kindle book? Good question and I want to share a few tips to help you determine the right pricing strategy for your book. Checkout what Amazon has to offer via KDP and you can get more details by checking out Amazon KDP's Pricing Page.
- Royalties: 30% (if price is below $2.99 or above $9.99) or 70% (price has to been $2.99 to $9.99)
- KU: FREE option and you still earn money based on the number of pages read
- Pre-order: this is a great option to make sales before you publish
- Free promotion: you run time sensitive promotions that will let your book be available for free
To help you get started with choosing the right price for your Kindle book, also checkout the Promotion and Merchandising page that Amazon has provided for you. Would love to hear how you are pricing your books, so please feel free to share your thoughts by leaving a comment.