3 ms·
The question, though, is how long he'll continue to make sales. I wrote my first short book on a couple of plane rides, and it has reliably done $50-100 a month
by awillen 6y ago
The question, though, is how long he'll continue to make sales. I wrote my first short book on a couple of plane rides, and it has reliably done $50-100 a month in royalties since launch. I'm not doing anything at all now to maintain it, so the effective hourly rate of my time spent working on it just keeps going up.
- jjice 6y agoOut of curiosity, what was the book? Seems pretty impressive to write a book in a few plane rides, good for you!
- awillen 6y agohttps://www.amazon.com/Buying-Small-Apartment-Buildings-Successful/dp/1520291337 https://www.amazon.com/Buying-Small-Apartment-Buildings-Succ... The first version was really short, something like 80 pages and priced at $2.99, though as you can see from some reviews people apparently thought that was too short even for that price. I ended up writing what was going to be a sequel but just added it into the original and upped the price. It's been interesting to see the price elasticity of it... I actually sell about the same number of copies at $2.99 (even when it's the longer version of the book) as I do at $6.99.
- joshspankit 6y agoSounds like a good enough reason to test higher prices even for the short book. Some percentage of people will always complain about cost, but I (and many others) have found that you actually get more of those complaints at lower price points. At a certain threshold price: the people buying already see the value in it no matter the length, or they see the value of their time as so high that taking the time to request a refund actually has a low ROI.