Twenty days after dropping the price of my novel Dead Dwarves Don’t Dance from $2.99 to $0.99, my rankings continue to drop.
Before the price drop, my best overall Amazon sales rank was #6407. Ten days after the price drop, my best overall Amazon sales rank was #3249. Today, twenty days after the price drop, my best overall Amazon sales rank is #2490.
While the rate of decline is slowing, it is still dropping.
I’m also dropping lower in the category lists:
#23 Kindle Store > Kindle eBooks > Science Fiction > High Tech
#23 Books > Science Fiction & Fantasy > Science Fiction > High Tech
#44 Kindle Store > Kindle eBooks > Science Fiction > Adventure
What does this mean for me?
My rankings continue to drop, so I see no reason to discontinue this experiment. I’ll keep the price at 99 cents at least until the end of the month.
What does this mean for you, the ebook author?
The 99 cent price point looks to be a good way to inch down the sales charts and break the top #20 of some category lists. But, you have to be patient. Commit to at least 30 days before deciding if the experiment is a success.
Other reports on the pricing experiment: