I received a mail today from amazon wherein they are considering promoting my book at a 75% discount. My Book is currently priced at USD 3.49 and equivalent on all domains and at Rs 49 on the Indian domain. Could anyone please enlighten me about this and should I increase my price on the Indian market before accepting the offer? Also, will I receive 70% or 35% royalty after the price slash? My book is enrolled in select.
You can't change your price or it will void the offer. It's debatable how much this helps. Will you sale enough books at the lower price to make up for the price decrease? If this is the first book in a series it might be worth it. It's a way to get additional exposure but the India market does not pay that well anyway. Personally, in this instance, I would not do it. But everyone has to make their own decisions.