By Joanna Penn
This is a guest post from Patrick E. McLean, author of the Parsec Award-winning How to Succeed in Evil (which I am currently reading and it rocks!). Ebook pricing is something indie authors debate all the time so this unique perspective is fascinating. Thanks Patrick!
As a writer raised by Economists, I have some perspective that others don’t have, and maybe don’t want. (There’s a reason it’s called the dismal science after all.) But when approaching the question of how to price an e-book, sound economic theory (not that macroeconomic crap that everybody is currently lying their ass off about) can lend some interesting perspective.
Price vs. Cost
A price is only part of what a good or service costs you. Especially... More...
