The Price We Pay – Are Book Prices too Much?

Honestly, I was going to hold off on a second post this week until Thursday (I’m blitzing through edits on Jungle right now) but this post had already been on my mind, and then a discussion yesterday online regarding MacMillan’s continued crusade against libraries basically poured gasoline over the spark and, well … Here we are.

Look, something that I see brought up constantly online, including in the very post that kicked this whole chain of thoughts off, is the price of books. It’s a hot topic anywhere. There are a lot of people who see them as too expensive, to overpriced, whether digital or not.

And you know what? I think they’re wrong.

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Price and Profit

So I learned something rather embarrassing a week ago.

Since the release of Colony, one of the more common questions I’ve received from fans about it has been “How should I purchase your book in order to make sure you get the largest cut of money?” Which is actually a pretty valid—and thoughtfully appreciated—question. This question comes from a reader who isn’t just concerned that they read a book, but that the author of said book is able to support themselves to the next one. Some of you may be scratching your heads even so, though, thinking to yourselves “Wait, I thought it was just an ebook?” Well it is, but there are two ways you can acquire it.

The first is to simply impart money to Amazon.com ($7.99 in this case, unless there’s a sale going) for a digital, DRM-Free copy of Colony. And for many readers, that’s what they do. However, I’m also a fan of putting my books up on Amazon’s Kindle Unlimited Program, which is kind of like a Netflix for books, and that means that it’s also available to those paying for the KU program to read whenever they want. Now, KU pays authors, but the question from these readers is “Which way pays you more?”

And it turns out, in giving my answer, I screwed up.

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