How much would you pay for an eBook? This question is raised many times in various forum discussions, especially as many eBooks are free or priced as low as 99c. Low prices like these drive down the overall price expectation and authors have to keep their prices low in order to compete.
Granted, it costs less to produce an eBook compared to a paperback or hardback; however, no less sweat or effort goes into writing and editing the manuscript or designing a great cover. Free and 99c is not much reward for all that hard work. I don’t understand why authors (or any artist) want to give their work away free. I do understand the marketing tool, but I’m drawn more to eBooks in the $2.99 range than I am to freebies or 99c books (not including short stories). I wonder how good it is if it’s free (the old “you get what you pay for” I suppose).
With so many eBooks at these low prices, readers balk at anything higher. I won’t buy an eBook at $6 or $7; I can get a paperback for that, but I’ll pay up to $20 for hardback because they often are that expensive. So, if eBook prices are raised, do you think readers would quit buying them and return to paperbacks? What would you pay for an eBook?