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Post by Becca Mills on Sept 22, 2018 23:44:14 GMT -5
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Post by Victoria on Sept 23, 2018 2:01:26 GMT -5
That's good news! I'm back in KU for now but I found that post really helpful when trying to navigate the bewildering world of GP pricing!
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Post by Rinelle Grey on Sept 23, 2018 5:13:40 GMT -5
Very good news. It's awesome info.
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Post by Daniel on Sept 23, 2018 9:09:38 GMT -5
I have a spreadsheet that helps me set international prices and has a separate section for Google Play with a 30% markup (which results in a 23% discount). My GP prices tend to be rounded a bit compared to other channels (e.g. $5.00 instead of $4.99), but it's close enough to keep Amazon happy.
I initially created the spreadsheet to handle the problem of "best nation pricing" at the various vendors while still satisfying their individual requirements. About once a quarter, I check the currency conversion rates to see if my pricing is still on target. The only time I've had to make an adjustment so far was when Brexit caused GBP to drop from about 1.5 USD to 1.3 USD.
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Post by Becca Mills on Sept 23, 2018 12:09:01 GMT -5
I have a spreadsheet that helps me set international prices and has a separate section for Google Play with a 30% markup (which results in a 23% discount). My GP prices tend to be rounded a bit compared to other channels (e.g. $5.00 instead of $4.99), but it's close enough to keep Amazon happy. I initially created the spreadsheet to handle the problem of "best nation pricing" at the various vendors while still satisfying their individual requirements. About once a quarter, I check the currency conversion rates to see if my pricing is still on target. The only time I've had to make an adjustment so far was when Brexit caused GBP to drop from about 1.5 USD to 1.3 USD. Sounds like something you might be able to market ... |
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Post by Becca Mills on Sept 23, 2018 12:09:58 GMT -5
That's good news! I'm back in KU for now but I found that post really helpful when trying to navigate the bewildering world of GP pricing! Seriously. I never would've gotten my books up there without TK's info. The set-up process is just so ridiculously fiddly. Her guidance was essential for many of us, I think. |
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Post by Daniel on Sept 23, 2018 13:45:59 GMT -5
Seriously. I never would've gotten my books up there without TK's info. The set-up process is just so ridiculously fiddly. Her guidance was essential for many of us, I think. You got that right. The pricing setup page makes me want to tear my hair out. As for my spreadsheet, I'm happy to give it away to anyone who wants it. There's nothing particularly complicated about it. The only formulas are the one that adjusts foreign pricing based on currency conversion rate and the one that adds the 30% markup to GP prices. |
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Post by ameliasmith on Sept 24, 2018 6:18:09 GMT -5
Good to know. I'm going to bookmark that for the next time I have any Google-Play-related ambition. All my books are on there because I got in early, before they closed to new authors, but I don't pay much attention to it.
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Post by Daniel on Sept 24, 2018 7:53:56 GMT -5
Google opened it up again, but I'm not sure for how long. My wife and I joined in January of this year. It hasn't been worth much compared to the other channels, but our royalties have been slowly increasing.
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