I’ve recently reduced the paperback prices of all my books, except one which I co-authored. These are the new prices:
I now only make a few pence in royalties per book sold. Why have I done this?
My hope is to reach more readers and that in the long term it will lead to more sales. I’ve already sold more books since the price reductions than I usually do in a month. However, time is yet to tell whether this risky strategy will be worth it financially.
But it is definitely worth it in terms of getting my books into more people’s hands. After all, why write books if hardly anyone reads them?
To any would be Authors out there, I’d say this: You’ll probably never get rich writing, unless you hit on a bestseller. But it is worth it, in terms of seeing your ideas come to life.
Write soon,
Antony