One of the things I’ve noticed on the Amazon Kindle is that prices vary wildly. Many of the mainstream published books hover around $10 or more (though sometimes you can find them on sale for much less), while many self-published books vary between 99 cents and $2.99 (and sometimes more).
So, how much should an e-book cost? Is there some magical price where readers still think they are getting value while the author still makes a decent commission?
Author, Will Entrekin, examined the subject recently, in an attempt to find the value of an e-book, something that many self-published writers grapple with when they come to market.
When businesses realize they provide solutions rather than sell products, they start to realize their true market.
Now take a publisher, and a book. Is a book a story? Could be. It contains a story. Is a book a bound, physical object made of pages on which ink has been used to depict symbols? Well, that’s been what we call a book, but now my Kindle contains the same exact content without all the physical gobbledygook. So probably not.
We’re not really talking about books. What we’re talking about is information. That information conveys content.
Information is service. Information provides a means by which knowledge about experience can be gleaned. A story is information about characters living some plot. We gain experience not solely by having it but also vicariously; we have empathy, which gives us the ability to share in others’ experiences without actually having them.
Read the whole post here.