How Much Does a Book Cost | Book Pricing Guide 2022

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Finding the value of your book and deciding on the price is much more difficult than writing a book itself.

price and price cost your book too low, it will lose its value. price it too high, you’ll lose potential sales.

so it’s extremely important that you think about price from the start. don’t leave it for the end to think about it.

after writing, you either underestimate your abilities or overestimate them. start thinking about the price from the beginning.

close the chapter called “ego” of your life, press your humility a little more and let yourself be carried away by the mystical world of putting a price on a book.

Why is the price of books important?

prices matter because in the end, after all your tears, frustrations and hard work, this it’s the form of a result you get.

Why would you waste your invaluable investment of months and years just because of idleness?

how to decide the sale price of the book?

You have spent over seven months writing a book and you decide to sell each copy of your book for 9.99, which means you get about $0 .05 per day write.

gosh, you’ll have to sell quite a few copies to barely live on that salary. however, the cost book is not that important for you to write with passion.

When you write for yourself, any client who buys your book is like a gift and more like validation as a writer for you.

That’s why you may have heard that pricing a book is an art as well as a science. As cliche as it sounds, she can set a price range by taking a more strategic approach, or she might think it doesn’t matter as long as the reader approves of her artwork. there are factors that contribute to the pricing of your books such as your experience as a writer and your ability to portray and let readers feel the emotions and demand in the market for the domain you have written on . .

how to know and set the right price for your book in 2022?

let’s fix the correct sum that is worthy of your book. here is the definitive guide to allow you to choose your number for your years of investment.

1. set expectations that are realistic

The most important thing when managing the price side of your book is to be extremely realistic.

The more realistic you are, the more positive the result will be. unrealistic prices can give you a bad experience as a writer.

To get an idea, you can have a survey of the relevant market and statistics.

An average self-published writer can sell approximately 250 copies during his lifetime according to statistics.

example to set the average price of books

for example, in this case, if you sell your copy for $9.99, the total amount you would earn would be less than $2,500, and covering the cost of printing and publishing, you’ll be left with much less than that.

2. find an emotional point on which to base your prices

sometimes you can even state $100 for each copy and your book will sell because in the end, it’s about your reader finding an emotional hook with your book that price doesn’t mean much.

The goal you should set is to set the price you want as long as there are buyers waiting for your book release.

Let’s take the example of Margaret Kent who sold each copy of her dating book for $100! It’s crazy, right?

After being the subject of controversy on The Oprah Winfrey Show, the book sold millions of copies.

On this, Kent said on the show that readers weren’t buying a book, but a spouse, in fact.

It’s all about positioning and although the price after a few years fell to low $9.99, kent made whatever profit he could on this book by simply finding an emotional aspect to hook the readers with.

You have to identify what emotional part of the readers your book attracts and then market your book accordingly to attract readers.

If you want readers to buy your book despite the high price, then target their primary emotions.

3. do your homework thoroughly

It is important to know your competition and thoroughly monitor their prices and pricing strategies. the approach they take will help you modify yours accordingly.

Before you self-publish your book, you need to be aware of your competitors, as their audience is no different from yours.

They will grab your audience’s attention, and as a writer in the same genre, it’s important to know what your readers are currently buying.

Even if the book you publish is much better than your competitors, readers still don’t know it. readers will, in fact, notice the new introduction to the market and will judge your book by the cover, the reviews, and the blurb.

You need to make sure your book’s price range is within or below your competitors’ to give the reader a strong reason to make a purchase.

This point is very important as your reader will not want to pay a high price for the fun and excitement they are already getting at a low price.

However, because of the low price, it does not mean that you underestimate your self-published book. this can reduce the standard image of your book that might not interest the reader because the low price makes your book seem less desirable.

4. opt for the old school pricing strategy

tried and tested the pricing formula that is the best and works for almost everyone.

the price is basically playing with the minds of the readers. Sure the unfortunate truth is, but if you’re good at playing mind games, you’re going to win this tournament of a lifetime.

One of the most popular and oldest pricing tricks that works psychologically is to set a price and show it as an odd number.

Even if it’s just a penny, $4.59 seems much more affordable than $4.60 and that’s why this technique really works when it comes to increasing your sales or driving a reader to buy your book.

what is the average price of e-books?

For ebooks, the price of $3.99 is considered the perfect combination of numbers.

it is an odd number
the price is globally the most used to fix e-books, therefore it is easy
the price is low enough to that readers can take the risk. It will cost them less than fancy copy, so more readers won’t hesitate to make a purchase.

5. royalty adjustment

how much you earn each time a reader buys your book is your royalty.

Your royalties depend on the price list and online retailer you choose. For example, publishing your book on Amazon gives you 35 percent profit if the price range per book is $2.98 or less.

books priced over $2.99 will get you 70 percent of the sale and $10 to $100 strong> go back down to 35 percent royalties.

for all those who think, amazon really takes all the profit, that’s true up to a point, but publishing on amazon benefits a writer immensely.

You can sell your book to a well-known and credible platform, just as your book is available to millions.

but there are tons of better options than amazon that allow you to have the 40 – 45 percent royalties too. because not all writers can afford amazon and be satisfied with 35 percent royalties.

with printing costs, you’ll get very little royalty when listing on amazon.

When agreeing on price with an online retailer, think about and consider any additional costs, such as printing and shipping.

The point to remember is that no matter which retailer you sell your book to, whether it’s Amazon or iBooks, your rate of sale will remain the same. you cannot charge less or more from retailer to retailer.

what are the average prices of books 2022

The average book price ranged from fiction to non-fiction and e-books. they all have different pricing strategies.

price of a fiction book

Most sizable paperbacks range from $13.95 to $17.95. so if your novel is 365 pages, it’s completely fine to set a price around $16.96.

The range applies to most books, but not all. That said, to establish the best price for your novel, always research the market prices of novels similar to yours.

Don’t get overconfident or overprice your book, because overly inflated prices keep the book in the back and on most tops of library and bookstore shelves.

price of your ebook

There are several factors that have a large impact on e-book prices. from quality to royalty percentages to book length.

You should consider your royalties with printing and shipping costs in mind. choose your online retailer wisely to get the most benefit possible.

non-fiction novel prices

a book depicting and displaying a considerable amount of background research, additional notes, graphs and other graphic details, it is obvious that the price of that book will be higher.

The more exclusive the book, the higher the price. the price also depends on the print size and the number of pages in the book.

Here are the factors and tips to consider before pricing your book. but above all consider what message your book price is sending.

The topic is much more complicated than summing it up in two lines, so without further ado, let’s take a closer look.

message that sends the price

let’s see what the book price says about you in 2022.

low price: cheap content?

if you have written a book with a considerable number of pages and have set a very low price compared to competitors. this low price could be sending an image to the buyer or reader that your book is not top quality, so the price is so low that it does not deserve a higher price.

You should investigate how books that are similar tours are trading and are paying off. be realistic about your prices and refrain from setting a price without competitor research

high price that generates high expectations

Sometimes a high value for something that doesn’t cost too much can create the impression that the item is 5unique, of high quality, and brings something new. customers are more attracted to high-priced things.

The case is similar when it comes to books, and sometimes setting a high book cost really pays off.

In the end, it’s all about prior research and if you set a price a little higher than your competitor, the risk is there, but if done correctly, you can make gold profits.

put it all together

Pricing a book is certainly a daunting task, and if not done correctly, all your efforts may be in vain.

This book pricing guide can help you a lot, but if you’re still not clear on what you want or need and are still confused about setting a price for your book.

If you still have questions about how much a book costs, mzell book writing offers you a platform where you can publish your book and get help regarding book prices.

Give us all your book-related problems and live a stress-free life as a writer!

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