If you are interested in blogging or want to promote your book, please contact E. B. Davis at writerswhokill@gmail.com

Our September Author Interviews--9/6 Kathleen Valenti, 9/13 David Burnsworth, 9/20 Jeri Westerson, 9/27 Frances Brody. Please join us in welcoming these authors to WWK.

September Saturday Guest Bloggers: 9/2--Anne Bannon, 9/9 WWK Bloggers, 9/16 Margaret S. Hamilton, 9/23 Kait Carson, and on 9/30 Trixie Stiletto.


“May 16, 2017 – The Women’s Fiction Writers Association (WFWA) today announced the finalists of the second annual Star Award, given to authors of published women’s fiction. Six finalists were chosen in two categories, General and Outstanding Debut. The winners of the Star Award will be announced at the WFWA Retreat in Albuquerque, New Mexico on September 23, 2017.” In the general category, WWK’s Carla Damron was one of three finalist for her novel, The Stone Necklace. Go to Carladamron.com for more information. Congratulations, Carla!

Congratulations to our writers for the following publications:

Warren Bull's new Lincoln mystery, Abraham Lincoln In Court & Campaign has been released. Look for the Kindle version on February 3.

Shari Randall's "Pets" will be included in Chesapeake Crimes: Fur, Feathers, and Felonies anthology, which will be published in 2018. In the same anthology "Rasputin," KM Rockwood's short story, will also be published. Her short story "Goldie" will be published in the Busted anthology, which will be released by Level Best Books on April 25th.

In addition, our prolific KM will have the following shorts published as well: "Sight Unseen" in Fish Out of Water, Guppie (SinC) anthology, just released, and "Making Tracks" in Passport to Murder, Bouchercon anthology, October 2017.

Margaret S. Hamilton's short story, "Once a Kappa" was published as a finalist in the Southern Writer's Magazine annual short story contest issue. Mysterical-E published her "Double Crust Corpse" in the Fall 2016 issue. "Baby Killer" will appear in the 2017 solar eclipse anthology Day of the Dark to be published this summer prior to the eclipse in August.

James M. Jackson's 4th book in the Seamus McCree series, Doubtful Relations, is now available. His novella "Low Tide at Tybee" appears February 7 as part of Lowcountry Crimes: Four Novellas, which is available for order.
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Sunday, July 22, 2012

Understanding Amazon’s Book Pricing


I must confess, I don’t understand Amazon’s book pricing. I never felt a need to understand it before Master Point Press offered my bridge book for sale on Amazon’s website. As a baseline, the price listed on the back cover of One Trick at a Time: how to start winning at bridge is $18.95. Amazon first listed it for a preorder price of $12.67. Wow, I thought, anyone can order my book for less than I can get it from the publisher with my 40% discount, taking into consideration that Amazon ships free on orders over $25 and my publisher charges for shipping.

As consolation, I did receive my books almost six weeks before anyone could buy them on Amazon. As soon as Amazon actually fessed up to having the book in stock (7 available! – hurry, order soon) the price increased to $14.37. Two days later they had nine books available and four days after that their inventory doubled to eighteen. Now why, I asked myself, would they order my book in dribs and drabs? I’m sure they have a stocking algorithm, but since I don’t get daily sales statistics from Amazon, I don’t know how many they have actually sold. Incidentally, during this period Barnes & Noble had the book listed for $13.50.

I forgot to look at Amazon’s prices for almost two months because I was migrating between winter and summer homes, playing in several bridge tournaments and giving bridge lectures (oh, and hoping to sell a few books). When I remembered to check, Amazon’s price had jumped to $18.59; Barnes and Noble listed it for only $16.87. Someone must have clicked on the link Amazon has to “tell us about a lower price,” because within a week Amazon lowered their price to match Barnes & Nobles’. As of this writing, Amazon’s reported inventory is down to six books.

Incidentally, Amazon lists other sellers of the book besides themselves. At some US retailers you can buy the book, purportedly brand new, for $11.48 plus $3.99 S&H, which comes out to less than Amazon’s price. If you are looking to really enrich someone, you can pay as much as $32.51 plus $3.99 S&H!!

As I wrote the first draft of this blog, Amazon’s listingfor Catherine Coulter’s Backfire (An FBI Thriller) showed an expected release date of July 10, 2012. The hardcover list price is $26.95 and the preorder price was $16.17. The Kindle edition, which was released the same date, was available for preorder at $12.99. I’ll follow this best-selling author’s novel for three months to see what happens. If it’s interesting I’ll report on it in a follow-up blog around late October.

If you have a traditionally published book on Amazon, do you have any clue how they decide to price it?

~ Jim

7 comments:

carl brookins said...

In answer to your question, I have no idea and you know what? Since I have zero influence on the matter I spend only a tad more than that in time looking at and wondering about it. Not to be snarky, but I think we authors can better spend our energies dealing with marketing and writing aspects over which we do have a say.

James Montgomery Jackson said...

Carl,

The author part of me also spends no time worrying about their pricing. However, the finance geek part of me is curious to understand the economics behind what they do--not that it will change what I do, but just because I'm a curious sort.

~ Jim

Warren Bull said...

If the pricing is strange, the ranking is downright unfathomable. My experience with Amazon includes having my work disappear from their site with no explanation ever given.

Linda Rodriguez said...

I don't have a clue about the Amazon pricing used for my book, Jim. All I know is I had to squeeze out a bunch of characters plus spaces, so they wouldn't have to price the hardcover even higher. They were happy with the book as it was, but it needed to come in under a certain character plus space limit, or the "price point" for the book would have to go higher. Since hardcovers are so darn expensive anyway, I didn't want my book any higher-priced than it had to be, so I squeezed those words out an already tight book.

And the rankings are part-voodoo, I think, Warren.

James Montgomery Jackson said...

Warren,

I suspect the ratings are actually based on an algorithm -- the specifics of which may indeed have elements of voodoo.

I'm sure there are legions of Marketing MBAs out there who design the "optimal" pricing for hardcovers, paperbacks, etc. But it should would be interesting to peek under the hood.

~ Jim

Anita Page said...

Jim, Amazon originally sold my book at the publisher's list, 14.95, then dropped the price when the book became available at B&N for a couple of dollars less. The last time I looked it was selling for list at both sites.

I think "only blank left" is pure balderdash, to be polite. Equally mysterious are the Amazon rankings. The greatest mystery of all is why the Justice Department hasn't acted against a company which, to my admittedly non-lawyer mind, is in violation of the Sherman Act.

Anonymous said...

I think the number left is pure marketing hype. This has started appearing on Amazon.com in the past few months for virtually all books. Either that, or Amazon.com is decreasing their inventory markedly.