Today I got an email from Amazon:
“Hello,
Following our previous email, this is a reminder that we’re changing our fees on June 20, 2023, at 12:00 AM UTC, to better align with today’s cost to print books….
These changes will affect your royalties for paperback and hardcover books. While not required, you may choose to update your list prices to avoid a change in royalty payments or zero royalties on books that drop below the new minimum list price…”
So, in response to their advice to raise my book price I have reduced it by $2.00 – from $21.95 to $19.95. It was nice of them to give a “head’s up,” but my wife and I feel good about the random reduction. The new USD price equates to: 18.50 EUR, 15.88 GBP, 2771 YEN, 26.65 CAN, and 29.71 AUD (including GST).
I know…that after COVID, prices (on about everything) have gone up and service has gone down. So, enjoy our departure from this crazy trend and get your USD book for under 20 bucks.
Praise God! DD