Marketing and Pricing

I’ve been thinking a lot about how I’m presenting my stories, from a marketing and pricing perspective, and I’ve decided to make a few changes.

First, let’s talk Pericles.

I’ve been wondering for a while whether I chose correctly about its price point.  $7.99 is a very reasonable price – below typical mass market paperback prices.  But I’ve been wondering whether people read Passing In The Night, like what they’ve seen so far, and move on to Pericles…only to be stymied by that price, since it is above what a lot of other people ask for their books.  Maybe I’m just being silly; sales have been creeping along pretty steadily, after all.  But creeping is the operative word.  So I figure what the heck.  A little experimentation can’t hurt.  So I’ve dropped the price down to $5.99.  We’ll see how that does for a few weeks.

Second, short stories.

At first, my policy was $.99 for short stories, with prices rising from there.  But in the spring of 2012 at the workshop with Dean Wesley Smith up in Oregon, we talked about a pricing idea that I thought was neat: combine two shorts together, with story B as a bonus if you buy A and story A as a bonus if you buy B, and charge $2.99 for that.  Nice, huh.  A little extra value.  So I went with that.  The results have been ok I guess.  But then in the last year or so I haven’t put out many short stories, so…  *shrug*  But a couple months ago, another writer on a mailing list I belong to reported getting warning emails from Amazon for doing just what I have, saying the two products are essentially the same, so he shouldn’t have two separate listings up for sale.  And thinking about it, that makes sense.  So I think I’m going to de-double the short story listings.  Of course, if I do that, I’m not going to feel comfortable charging $2.99 for them.  Novelettes and above?  Sure, no problem.  But for a short story?  No.  So, I’m going to drop short stories back to $.99 and go from there.

Finally, Glimmer Vale.

As you all know, Out-Dweller was released about three weeks ago, to rave reviews and the adulation of the masses who were eagerly awaiting it.  🙂  Or not.  In truth, Glimmer Vale, though selling a trickle when it first came out, has been essentially dormant for the last year or so.  So frankly I’m not surprised Out-Dweller hasn’t made much of a splash yet.  So how to help it splash?  Well, I’ve found making Passing In The Night free helped keep Pericles rolling; I’m quite certain were it not for people picking up the prequel, Pericles would not be selling even at its current trickle.  Because what would point people to it?  Given that, I’ve begun the process to make Glimmer Vale free in all outlets.  Now, based on her post today, I suspect Kris Rusch might not agree with this decision.  Or maybe she would.  As it is, Glimmer Vale is generating little or no value, from a cash flow perspective (16 sales in about 18 months….yeah not so good).  But if making it free draws more eyes to the series, and enough of those eyes like what they see, it could be a very good thing.  At the least, it can’t be worse than what’s happening now: nothing.  Of course, there’s always the possibility that Glimmer Vale is just no good, in which case making it free won’t help at all.  But I rather think it doesn’t suck.  So here’s hoping some more visibility does the trick.

Right.  That’s it for now.

Thoughts?  Questions?  Concerns?  Snarky witticisms?  You know what to do.

 

Oh yeah, one last thing.  I’ve not been particularly good at pimping my newsletter signup.  But see that little link in the upper-right of my sidebar?  It’ll take you to the signup form.  The newsletter will announce new releases, special deals, giveaways, and other fun things.  I won’t spam you – just one message a month or so.  So go ahead and sign up.  As a sweetener, you’ll receive a coupon code for a free copy of Masters of the Sun, my first novel.  Hard to say no to that, right?  🙂

3 Comments on “Marketing and Pricing

  1. I think you’re new pricing structure is sound for the short stories. I actually had mine as doubles at $2.99. I didn’t sell much except for one of them. Recently, I made an adjustment and changed the price to the odd $1.79. It actually has garnered sales for shorts other than the best selling one. They are also doubles. I figured if I sold them as $0.99 by themselves, roughly $0.90 each for the double is like a discount.

    I question your novel pricing though. I know what Dean has said, but I just don’t buy it. Smashwords has put out some convincing statistics that show books priced in the lower range sell better. My novels are all $3.99 right now.
    The exception to this rule will be when I put the complete first season out of The Permanent Man. It had 12 episodes I sold for $0.99. The box set will sell for $9.99, basically giving two of the episodes away. Any less seems to counteract the single episode price point. Not that I won’t drop it for special promotions.

    • Yeah, I’ve seen Smashwords’ results too. *sigh* I dunno, but it seems to me that dropping it that far takes away a lot of price flexibility on the low end. How then to differentiate novelettes, novellas, collections, etc? Price is a signaling mechanism to the customer, and indication of what they can expect relative to other products. If they’re all squished down at the low end, you lose some of that communication flow, if that makes any sense.

      I guess we’ll see. Semper Gumbus, and all that. 🙂