Hi guys.
Welcome to this session.
So in this session we'll talk about how you will set the price for your book on the Amazon Kindle platform.
So let's go there okay.
So once you're here so as you can see we have uploaded the book which is completed.
And now we are coming to the last segment which is Kindle e-book pricing.
So here the first option you should be selecting on is enrolling my ebook into KDP select.
So KDP select is where your ebook is considered into marketing.
There are different types of marketing initiatives Amazon takes.
So in which your ebook will be considered.
Uh, there are chances of uh, they will fluctuate your pricing so that it can be sold more.
There are a lot of benefits of doing, uh, selecting the KDP select option over here.
So we should be enrolling to this.
So that is one second is territories you define uh in most of the cases ideally it should remain as
all territories where you are trying to sell this e-book because it's a digital book.
So it should not have any problem as such.
But if still you have specific territories where you only want to sell, then you can choose individual
territories here.
Third is primary marketplace is going to be Amazon.com.
Okay.
And then comes the pricing royalty and distribution.
So here you can choose a royalty plan.
So what is happening here is, uh, Amazon is giving you two options, which is 35% or 70%.
So when you choose 35% royalty, uh, what is going to happen is it is going to be pricing your products
at a higher number, higher value, as you can see, uh, 0.99 to $200.
Whereas if you choose 70% royalty, then the pricing will be at a lower level, which is going to be
299 to 999.
So the good part, the good thing would be that possibly you can start off with this, wherein, uh,
you can be at a 70% and price your product because you're beginning you're starting off right now.
So it makes all the more sense that you can price it competitively comparatively, and you can price
it over here.
Let's say you're putting it at the lowest, which is 2.99.
So with that it is going to let you know, uh, what are the delivery charges okay.
And what kind of royalty will you get.
So at a 70% specifically you will get 2.08.
So we get to see that.
And simultaneously for the other regions as well, you get to see the numbers over here.
So like this we can set the pricing later on.
You can move to a 35% when you see decent royalty coming in and you want to try a different price point,
Maybe you can move to 35%.
You can edit this later.
So this will be the pricing segment which we will have to provide over here.
Once you decide upon all of this then we can go ahead and publish our Kindle e-book.
So this is done.
And then you will be able to see your particular book in the first segment.
If you go to Kindle e-book details, that is where your ebook will show up over here.
Ideally speaking where you can see your ebook as well.
The book shelf.
If you go to the bookshelf specifically, you will see all the books which you have published will be
showing up here.
So as you can see now, our book is appearing over here and I can go back again to continue setup to
finish my publishing work.
So this is how it is going to be.
In the next video.
We'll see how the marketing piece will work out for the ebook.
So we'll see how Amazon helps in marketing our ebook, trying to generate revenue for us and all of
that we are going to look at as well, so that we understand how we are going to generate some sales
and revenue with this particular book.
Thank you so much, guys for listening in to this, and I will see you in the next video.