The Turbulence of eBook Pricing

Mill Stream

I’ve owned a Kindle for a good while now and it’s become my preferred way to read most books. I’m reading more than at any time of my life, and buying more. Note to publishers: “buying more.”

What I don’t get are the crazy prices some publishers charge for e-books. Admittedly I got used to the introductory Kindle $9.95 price which many publishers claim make them sell books at a loss. I must admit I’m among those who are skeptical about this. It really takes very little work to prep a novel or nonfiction book that is mainly text for e-book publication. I’ve done it myself with Recreational Writing.

Nonetheless I’m willing to bend a little on this and will pay up to $11.99 for an e-book if I think it’s warranted. Bear in mind that I’m on a retirement budget and I’m not willing to pay more for an e-book than for a paperback version of a book. So I looked at the possible purchase of some books that interested me recently and what I found was some outlandish grasping by certain publishers.

Examples:

A Widow’s Story: A Memoir by Joyce Carol Oates: Hardcover, $11.06, Ebook, $16.96. HarperCollins.

11/22/63 by Stephen King: Hardcover, $19.25, Ebook, $26.48. Simon & Schuster.

Under the Dome, by Stephen King: Hardcover, $22.39, Paperback, $11.43, Ebook, $16.12. Simon & Schuster.

Admittedly these are star authors and the publishers like to make their maximum profit from them, but this kind of pricing is short-sighted. Many of us who buy the e-book edition don’t buy it instead of the hardcover edition. In truth we wouldn’t buy the book at all in hardcover edition.

Publishers are having a hard time of it, and I have some compassion for them. But I think their approach to e-book pricing nothing short of hostile toward the format that may save them from extinction.

Flip this around and look at what else is happening.

The Forever War
, by Joe Haldeman: Paperback, $10.17, Ebook, $4.95. Ridan Publishing.

Playing for Keeps, by Mur Lafferty: Paperback (Swarm Press), $14.95, Ebook: $4.99.

These two titles are published by an Indie press in the case of Haldeman, and by the author (for the e-book) in the case of Lafferty. The Forever War is a Sci-Fi classic, and Playing for Keeps is a good SF novel by a popular up-and-coming author.

Then there are the authors who publish their works for free, for $0.99, or for $1.99-$2.99. Yes, some of them are first authors and not all these works are good, but publishers don’t kid yourselves. There’s some real talent coming through who are picking up a serious following among readers.

The issues may be complicated, but what I’m basically saying to the big publishing houses is this: “Don’t shoot yourself in the foot.” Bring down those inflated prices of e-books. Because if you don’t, readers will take other options and they won’t be contributing to your bottom line at all.

Note: The prices quoted above are subject to change at any time.

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