My professional education was geared to prepare me for a career other than entering the business world. My venture into self-publishing has been an eye-opening experience in so many ways due to the never ending need to learn new ideas and skills. The entire concept and "science" for lack of a better word concerning appropriate pricing and the many roles pricing plays has been an eye opener for me as well.
Even though one of my motivations for publishing my books is to be able to share information, it is a business and not only do I want to, I need to, make my enterprise as profitable as possible over the long run. Like many self-publishing authors, the business end of my enterprise is often not my strong suit. And so it was I invested the $2.99 in a Kindle copy of How to Price eBooks for the Kindle by Stephen Windwalker.
After reading the book twice, I still don't have a complete grasp on pricing strategies, but I do have a much better idea of the entire concept and what kind of considerations must be evaluated in the pricing process. My lack of understanding is NOT the fault of the author but rather a result of my lack of education in the realm of business.
The author not only covers the basics of pricing in the publishing world, but provides data from actual sales to illustrate the pricing concepts presented. Mr. Windwalker provides a good overview of the entire pricing process, the impact of pricing on sales from a long term perspective and offers a variety of strategies based on the author's past record of sales. In addition to the short book, included is a good number of blog posts the author wrote concerning a variety of topics related to the Kindle and the world of publishing eBooks.
The author writes with authority and clarity about the subject. A strong advocate of the Kindle and Kindle books, with a total of 32 books published for the Kindle, Mr. Windwalker is able to base his content on the experience and data gained through his own Kindle sales. The writing style is easy to understand allowing the reader to focus on the information presented and not deciphering the prose prior to attempting to understand the concepts in the book.
Is this book the sum total of knowledge an author must possess in order to effectively price Kindle books? Probably not, but it is an excellent starting point and reference for self-publishing authors who are entering the brave new world of eBook publishing. For the price of $2.99 the book is a virtual steal for the reader who purchases it.