Greg Lilly

Greg Lilly
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Wednesday, March 2, 2011

e-Book Pricing

I've heard a lot of chatter on e-book pricing. I understand how some of it comes about. For example: I have a hard time spending money for a reader then shelling out trade paperback prices for a NYT bestseller from a NY mammoth publishing house. Lisa Unger for $11.99 Kindle edition? That just seems greedy.

A publisher can’t drop the price of e-books too low because the cost of editing, graphic design, royalties, management and promotion are all still there. The only cost-savings is paper printing and distribution – but then the e-book seller/distributor replaces those with their own costs.

Because I can (I still control the electronic rights to all my books), I lowered the price of my four novels on the Kindle format, from $6.99 to $2.99 (the lowest price Amazon will allow me to use). This is an experiment to see if price really enters into the buying decision.

At that price, I would make a few cents per book. This scenario would be difficult for a publisher to get everyone who has a finger in the per book margin to agree to take pennies, so it can’t happen in a for-profit company, but with me, sure – for a limited time experiment.

March is my birthday month. So, for a few days, I want to extend a price break to readers, and also, test the pricing model. Does a 58% reduction in price increase demand as our economics professors claimed? I’ll let you know.















Wednesday, January 28, 2009

The Value of a Writer

The economy has had a chilling effect on businesses…and writers. At one time, a business valued its corporate identity and how its communications reflected the professionalism of the brand. But the economy seems to have cut corners in many company communications.

Yesterday, I received two e-mails from major magazines trying to drum up advertising dollars (I do some freelance marketing and receive e-mails from advertising reps). Here are examples of why writers (and basic writing skills) are important:


“Being one of the most poplar annual sections, readers use this piece throughout
the year to find information on popular activities, restaurants and attractions…”

Misspellings & misplaced modifiers


And another:

"Moving outdoors, PUBLICATION NAME also looks at works by ARTIST NAMES, to see how the art effects the landscape, and whether outdoor art tranlates to increased museum attendance…"

"70% of PUBLICATION NAME readers colect art."

Misspellings & confused word: effects vs. affects (Even Microsoft Word could find these.)


I’m not trying to be the grammar police, and I do make mistakes, but come on people, don’t cut out editors and writers and think your sales staff can navigate the English language.

Hire a writer. We’re cheap!