Here’s an interview with author Zoe Winters on ebook pricing. She feels that the $0.99 ebook doesn’t make enough money for the author, and contributes to the “WalMartization” of literature.
The figures she quotes are interesting. Amazon takes a huge cut of the book’s price at that price point–their royalties model encourages authors to price their books at the $2.99 threshold or above, beyond which the author gets 70%. At $0.99, it’s just 30%. If I were to put out, say, Terms of Enlistment as an ebook, I’d have a lot of incentive to price it at $2.99 a copy–even though I wouldn’t sell as many books, I’d probably earn more money than if I priced it at a buck a book. My personal yardstick for “reasonable” is $2.99-$5.99 for a novel, and $0.99 for a novella or short story collection. (That’s what I don’t mind paying, although I’ve purchased ebooks from proven and established authors at higher price points.)
What’s your opinion on ebook pricing? What’s a price you don’t mind paying without thinking long and hard about it?