Setting the right price for your independently published novel is crucial to maximizing your earnings while ensuring your book remains competitive in the market. The price you choose not only affects your royalties but also influences readers’ perceptions of your book’s value. Here’s how to make strategic pricing decisions and understand how royalties work.

Royalties are the payments you receive for each copy of your book sold. Unlike traditional publishing, where authors typically receive a small percentage of sales (usually 5-15%), independent authors keep a much larger share of their earnings—often 35-70% for ebooks and 40-60% for print books, depending on the publishing platform and pricing model. However, royalties are calculated after subtracting production costs, platform fees, and any distributor cuts.
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