1 00:00:02,160 --> 00:00:02,880 Hi guys. 2 00:00:02,880 --> 00:00:03,840 Welcome to this session. 3 00:00:03,840 --> 00:00:09,360 So in this session we'll talk about how you will set the price for your book on the Amazon Kindle platform. 4 00:00:09,520 --> 00:00:10,840 So let's go there okay. 5 00:00:10,840 --> 00:00:14,520 So once you're here so as you can see we have uploaded the book which is completed. 6 00:00:14,640 --> 00:00:18,160 And now we are coming to the last segment which is Kindle e-book pricing. 7 00:00:18,160 --> 00:00:23,640 So here the first option you should be selecting on is enrolling my ebook into KDP select. 8 00:00:23,640 --> 00:00:28,720 So KDP select is where your ebook is considered into marketing. 9 00:00:28,720 --> 00:00:31,560 There are different types of marketing initiatives Amazon takes. 10 00:00:31,560 --> 00:00:33,480 So in which your ebook will be considered. 11 00:00:33,680 --> 00:00:38,760 Uh, there are chances of uh, they will fluctuate your pricing so that it can be sold more. 12 00:00:38,880 --> 00:00:43,640 There are a lot of benefits of doing, uh, selecting the KDP select option over here. 13 00:00:43,640 --> 00:00:45,400 So we should be enrolling to this. 14 00:00:45,400 --> 00:00:51,840 So that is one second is territories you define uh in most of the cases ideally it should remain as 15 00:00:51,880 --> 00:00:56,000 all territories where you are trying to sell this e-book because it's a digital book. 16 00:00:56,000 --> 00:00:58,080 So it should not have any problem as such. 17 00:00:58,120 --> 00:01:03,680 But if still you have specific territories where you only want to sell, then you can choose individual 18 00:01:03,680 --> 00:01:04,600 territories here. 19 00:01:05,320 --> 00:01:08,680 Third is primary marketplace is going to be Amazon.com. 20 00:01:09,000 --> 00:01:09,480 Okay. 21 00:01:09,520 --> 00:01:12,280 And then comes the pricing royalty and distribution. 22 00:01:12,280 --> 00:01:14,440 So here you can choose a royalty plan. 23 00:01:14,440 --> 00:01:20,090 So what is happening here is, uh, Amazon is giving you two options, which is 35% or 70%. 24 00:01:20,090 --> 00:01:25,890 So when you choose 35% royalty, uh, what is going to happen is it is going to be pricing your products 25 00:01:25,890 --> 00:01:31,650 at a higher number, higher value, as you can see, uh, 0.99 to $200. 26 00:01:31,970 --> 00:01:38,210 Whereas if you choose 70% royalty, then the pricing will be at a lower level, which is going to be 27 00:01:38,210 --> 00:01:39,930 299 to 999. 28 00:01:40,330 --> 00:01:48,170 So the good part, the good thing would be that possibly you can start off with this, wherein, uh, 29 00:01:48,170 --> 00:01:53,850 you can be at a 70% and price your product because you're beginning you're starting off right now. 30 00:01:53,890 --> 00:01:58,810 So it makes all the more sense that you can price it competitively comparatively, and you can price 31 00:01:58,810 --> 00:01:59,290 it over here. 32 00:01:59,290 --> 00:02:02,850 Let's say you're putting it at the lowest, which is 2.99. 33 00:02:03,730 --> 00:02:08,330 So with that it is going to let you know, uh, what are the delivery charges okay. 34 00:02:08,370 --> 00:02:10,810 And what kind of royalty will you get. 35 00:02:10,810 --> 00:02:14,810 So at a 70% specifically you will get 2.08. 36 00:02:15,050 --> 00:02:16,370 So we get to see that. 37 00:02:16,370 --> 00:02:20,530 And simultaneously for the other regions as well, you get to see the numbers over here. 38 00:02:21,250 --> 00:02:23,930 So like this we can set the pricing later on. 39 00:02:23,930 --> 00:02:30,130 You can move to a 35% when you see decent royalty coming in and you want to try a different price point, 40 00:02:30,230 --> 00:02:32,670 Maybe you can move to 35%. 41 00:02:32,670 --> 00:02:33,910 You can edit this later. 42 00:02:34,950 --> 00:02:39,990 So this will be the pricing segment which we will have to provide over here. 43 00:02:40,030 --> 00:02:45,870 Once you decide upon all of this then we can go ahead and publish our Kindle e-book. 44 00:02:46,590 --> 00:02:47,630 So this is done. 45 00:02:47,630 --> 00:02:52,190 And then you will be able to see your particular book in the first segment. 46 00:02:52,190 --> 00:02:58,110 If you go to Kindle e-book details, that is where your ebook will show up over here. 47 00:02:58,310 --> 00:03:01,150 Ideally speaking where you can see your ebook as well. 48 00:03:01,350 --> 00:03:02,230 The book shelf. 49 00:03:02,430 --> 00:03:07,470 If you go to the bookshelf specifically, you will see all the books which you have published will be 50 00:03:07,470 --> 00:03:08,310 showing up here. 51 00:03:08,790 --> 00:03:15,030 So as you can see now, our book is appearing over here and I can go back again to continue setup to 52 00:03:15,070 --> 00:03:17,310 finish my publishing work. 53 00:03:17,790 --> 00:03:19,350 So this is how it is going to be. 54 00:03:19,350 --> 00:03:20,230 In the next video. 55 00:03:20,230 --> 00:03:23,510 We'll see how the marketing piece will work out for the ebook. 56 00:03:23,710 --> 00:03:30,510 So we'll see how Amazon helps in marketing our ebook, trying to generate revenue for us and all of 57 00:03:30,550 --> 00:03:36,590 that we are going to look at as well, so that we understand how we are going to generate some sales 58 00:03:36,590 --> 00:03:38,750 and revenue with this particular book. 59 00:03:38,950 --> 00:03:44,030 Thank you so much, guys for listening in to this, and I will see you in the next video.