The psychological thriller, Bedsit Three, is now 99p/99c on Kindle until the end of June!
Since publication last October the e-book has been priced at £2.25 and I’m experimenting to see how price sensitive demand for the book is. As the price falls to less than half-price will sales rise sufficiently to make up for the vastly reduced royalties I will receive?
Bedsit Three is not in KDP Select because it’s also on sale via other e-book channels such as Kobo (where, surprisingly, it sells better than on Kindle) so this is not a Kindle Countdown deal. I have simply dropped the price across all Amazon territories.
Selling at 99p, I will receive 29p per book royalty compared to £1.29 per book when selling at £2.25. So I need to sell at least 4.5 times more books at the lower price to make me keep it at that price point. I’m interested to see what (if anything!) happens.
Extracts from Amazon UK reviews for Bedsit Three:
“A psychological why dunnit reminiscent of Barbara Vine/ Ruth Rendell. Highly recommended!“
“I picked Bedsit Three up late on Friday evening. I had finished it by the following Sunday lunch time and I absolutely loved it. The last book that held my attention like that was Stephen King’s Misery.“
“Believable, empathetic characters and exciting tensions and resolutions in the fast-moving plot.“
Sally Jenkins 
#1 by Patsy on June 17, 2016 - 2:00 pm
As long as it’s within the ‘normal’ range, I’m not sure the price makes a huge difference to whether or not people buy the book. I can’t ever recall wanting a book and not buying it solely because of the price.
#2 by Sally Jenkins on June 18, 2016 - 8:21 am
I’m beginning to agree with you, Patsy. I think there was a time when people grabbed anything that was free or 99p but now readers are becoming more discerning. So maybe we need to come up with more creative ways of marketing. Any ideas?!