I've recently started the following discussion on Amazon forum but I'm also posting it here. I'd like to know what you think.
"I am a new author of a self-published paranormal (time-travel) romance. My paperback has sold some copies through Amazon but a month ago I decided to try the kindle edition. I knew nothing about kindle as in my country people are still on paperback. So I read blog posts of other writers who know better. What I got from them was not to undervalue my work by setting a very low price and so on... I selected the price of 9,99 $ thinking that it's much lower that the paperback price. Surprisingly, when my book came live and ready to sell, I saw that the price has increased to 13,75 $. Is it VAT, or something else I didn't notice when I selected the publishing options, I can't tell. Then I bumped into forums of e-book readers who complained about e-books prices and I started to realize the problem. When friends started asking me why I have set such a high price for my e-book I didn't know what to say. It's true I don't intend to make a living from writing, I mean I have a good, steady job. But it's writing that makes me happy. And if there are others out there who find hapiness in the same stories with me, I'd like to share mine with them. It's that simple.
I have just decided to edit the list price for my e-book to 1,99 with a revenue of 0,45 and I'm waiting for my book to be come live again. I'd like to know if experienced e-book writers or readers think it was a wise thing to do or if a low price is an indication of poor quality to them. I believe there are others like me out there who are confused and your sugestions will be valuable to us."