What is a fair book price? What do you folks think is a fair price for:
1) An e-book?
2) A trade paperback (i.e. one of those 6x9 affairs)?
3) A hardback?
I know the answer is likely to differ according to how long the book is.
veinglory- 03-12-2006
Fair, I don't know. I guess the upper end of normal would be
$6
$14
$20
for a standard novel. much mor ethan that would look odd IMHO
James Buchanan- 03-12-2006
Pretty much what I was thinking. Paperback novels tend to sell for around $7, $10-14 for the large ones (looking on the back of Hoyle's Rules of Games which is about that size and it was priced $13), Hardbacks are going for around $24 these days in B&N.
veinglory- 03-12-2006
It's been a while since i bought a hardback so that was a bit of guess.
CB Potts- 03-13-2006
I buy a lot of hardbacks -- prices between $24.95-$49.95. On average, around $30. I start to get squicky at $35, and it's got to really be something to go more than that.
That being said, I also have been known to wait for the bargain table and remainders. And yard sales. And used book stores. I'm so far behind on my reading, I can afford to wait.
But if I need it for work, $30 is about average. Thank God for that "Research materials" line item.
Dusk- 05-07-2006
I stopped by the local GLBT bookstore yesterday and browsed through the SF/F section. It turned out to be a good way to compare book prices, because the bookstore carried so many small-press titles.
For mass-market paperbacks (which are put out by the big companies), there's virtually no variance: they're seven or eight dollars, no matter what their length.
For trade paperbacks, the variance is tremendous (even though I was looking at book that were all in the 200-400-word range): anywhere from ten dollars to twenty-two dollars. The latter price is from Harrington Press; I don't know how they get away with charging that for a three-hundred-page book.
Most of the trade paperbacks were fourteen dollars, but I concluded that I wouldn't be breaking the reader's bank if I charged a couple of dollars more. Mind you, there's still the issue of the fact that buyers of online books have to pay for postage as well.
By the way, the store carried three self-published books in that section, by three separate authors. The books were uniformly poor in design. Didn't browse through them to check the quality of the writing.
kmfrontain- 05-07-2006
If I cut my royalty down to almost nothing for the sake of promoting one of my books globally (mind I do have to keep some royalty just so Lulu gets a cut--they do want a cut) I can conceivably come out with a 6*9 book of 368 pages ( a good hefty book) for about 22$ US. It's not too bad. Could be better, but it's still in a marketable range. I've seen books on the shelves here, of the same size, going for that price. But for marketing, I'd have to endure that almost useless royalty.
Dusk- 05-08-2006
"I can conceivably come out with a 6*9 book of 368 pages ( a good hefty book) for about 22$ US. It's not too bad."
Yes, I was talking about how could a regular publisher - one that's owned by a fairly large corporation - get away with that price. I think that consumers take into account that, the smaller the press, the higher their expenses are going to be.
"mind I do have to keep some royalty just so Lulu gets a cut"
Well, no, you don't, actually. Lulu will let you sell your book for the price of the production.
http://www.lulu.com/help/index.php?fID=33#pricing
That's one of the nicer aspects about that company, that they're willing to give up making money on no-profit books.
kmfrontain- 05-09-2006
Right. So in the case of no royalty books, they make money on production costs only. If you look at it that way, they get paid no matter what they do, royalty percentage or not.
vincentdiamond- 05-09-2006
Re: What is a fair book price? What do you folks think is a fair price for:
1) An e-book?
2) A trade paperback (i.e. one of those 6x9 affairs)?
3) A hardback?
I know the answer is likely to differ according to how long the book is.
E-book: To my mind, an e-book should reflect the lower production costs for bringing it to market. For me, 5 bucks is about as high as I wanna go unless it's some sort of esoteric nonfiction research material. For regular fiction, $5 is my top end.
Trade paperback: I buy these regularly, in fact, I just bought 5 of them a couple weeks ago. All were $14-$15. And all weren't yet released in mass market PB so I went ahead and treated myself. (Unfortunately, one turned out to Really Suck and I re-sold it yesterday on Amazon; two others I'll be trading in at a local used bookstore. So only 2 of the 5 were keepers, a 40% success ratio). Now I have paid up to $20 for a trade paperback and if I remember correctly these were research writing books, nonfiction. I was willing to pay for the information.
Harback: I VERY seldom buy these. In fact, the only author I can think of where I wouldn't think twice about it is Thomas Harris. (His next Hannibal book is listed as "pending". Sigh). But $25-$30 each just isn't in my budget range.
In looking over the Lulu info, the pricing strikes me as a disadvantage for authors hoping to produce and sell their work at a profit. I would be hard-pressed to justify buying a trade paperback for 22 bucks. That's just a lot of money. I would be more inclined if I was already familiar with the author's work and had a sense that it would be worth it. (Again, talking fiction here; not information and non-fiction).
There are many self-published authors around here (around here, meaning in my physical geographic region, NOT this forum!) who schlep from one weekend bookfest to another, dragging along their $22-$25 trade paperbacks and boy do they have a hard sell. I've never bought one yet and I probably never will. Too risky, too expensive and not enough credibility for me as a consumer.
YMMV.
kmfrontain- 05-09-2006
Yeah, the prices are steep. I wish they would lower them, but it's doubtful. Personally, I think it would be in their best interest to lower them and the shipping costs, because at this point in time, they cater mostly to a writer buying his own books for marketing purposes, and this is only a short term gain for Lulu, because if a book does happen to be good enough to have a readership, they've put it out of a reasonable price range for the readership, and thereby cut their throats in terms of long term profits on a book that really would do well. Lower prices would make easier sales.
I did the calculations based on what they said for global distribution, and it hiked my 18 dollar book to 22 for me to have any sort of royalty, and the Lulu FAQ said that this price was "suggested" and that the global retailer might price it down, without touching my royalty. I don't really know how true that is in actual working reality.
But from the book being only on Lulu for sale, at about 15$, to basic distribution with Amazon in the US, the book went to 18$, and then to 22$ for global. I personally don't want my book at 22$, but the shipping costs of Lulu suck so bad for people outside of the US that global may be the only way to get around it, because Lulu isn't in charge of the shipping and handling at that point.
No matter how I look at it, I have a tough sell for one reason or another, shipping or book price. I don't know that any other POD service would be better, especially given I had to pay nothing up front to be published at all.
Yes, they do have the customer support. And despite the flaws, they're more upfront than most places I checked out. Whatever the down sides, I'm not sorry I chose Lulu. :D
HH- 05-12-2006
Ah, very interesting to learn that it's the cover/binding, not the per page, that sucks up most of the cost. That would probably explain why for a given small press, the price of a 200 page book and the price of a 380 page book are the same.
Dusk mentioned that "kmfrontain is doing something similar by offering a free e-version of the first volume in her series." kmfrontain, have you found this to be a successful marketing tool -- do the majority of people who take the free first volume come back and buy the rest of the series?
Alternatively, do you (or anyone else here) find it useful to put up the first chapter of each of your published books so that it's available for free on a download site or your website?
James Buchanan- 05-12-2006
I have people who've told me they're now waiting for Cheating Chance to come out. I put up one chapter (I've got it as Chapter 3 but that might change once all edits are done). All the people (and it ain't scads) hit my web site after getting one of my shorter works from TQ and read that.
I think it don't hurt as part of an overall marketing plan.
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