KDP Paperback Change in Pricing

Prior to June 20th of this year, Amazon's Kindle Direct Publishing stated that due to inflation. it would be increasing its pricing on paperbacks by about 23 cents per book in order to cover their increased costs for ink, paper, etc. Authors in turn could increase their book's selling price to a value of their choice, or they could accept a sell price determined by KDP where they would not lose any royalty income. Or, the author could do nothing and therefore lose about 23 cents per paperback in royalty sales.

All 9 of my e-book short story collections were listed at $2.99 per e-book and were not affected by KDP's inflation-based raise in their price. However, I had considered raising my sale price anyway, so this was probably a good time to do it. Same for the paperbacks regardless of what KDP was doing.

Curious to see what price KDP would set on my 9 paperbacks which were selling for $8.99 each at the time, I chose to let KDP set my paperback sale price, with me having the option to change the price later. On June 20th, KDP left my e-book sale price alone and set my paperback sale price at $9.21 per book. I would not lose any royalty money at that level, but I had wanted to increase my price above that figure anyway.

A day later, I went to work on the figures. KDP had given easy instructions on how an author could change their prices. I went down my Book Shelf list and took each e-book and/or paperback in order. Strangely enough, I found that not all my e-books were linked to their paperback.

I increased all my e-book sale prices from $2.99 to $3.99, which increased my royalties per e-book. Hit the PUBLISH button and sent the e-book off to be reviewed by KDP.

For my paperbacks, I increased the sales price from KDP's $9.21 to a $9,47 figure. It's not much, but now knowing how easy it is to change pricing, I can always increase the selling price later. I hit the PUBLISH button and off  the paperback went to KDP for review. Reviews for both forms of books came back accepted within a day.

While working on the process to change prices, I kept noticing buttons to link the previously unlinked e-books to their paperback, or vice versa. Me being slightly paranoid about changing two variables on an established product at the same time, I ignored those buttons under the theory that it is easier to solve a software choice if you are only dealing with one variable change at a time. Surprise, surprise, Amazon/KDP linked each e-book with the proper paperback anyway.

One other item I noticed. When the author sets the selling price, the software automatically calculates the author's royalty for all Amazon.com sales, plus for all Amazon foreign sales. There is also a box the author can check for expanded royalty sales if he wants access to other distributors. This expanded royalty is about 20% of what the regular royalty is. I was sure I had checked the box first time around, but found my original check mark wasn't there, so I needed to check the box all over again. One of these days, I'll need to go back and see if all the other paperbacks need a check mark. In which case, I'll have to hit the PUBLISH button again.

Side Note: The majority of the short stories collected in these 9 e-books/paperbacks were previously published in magazines or anthologies, so every sale of these is like found money.

I hope this makes it easier for any authors going through or contemplating the KDP pricing change, And, if anyone is interested, my spreadsheet is below.

New Prices & Royalties on Paperbacks as of 06/20/23

  Title                                Pages    Price     Royalty    Exp. Royalty   Status

9 Chronicles of Crime       168      $9.47      $2.64             .42            08/21/19

9 Deadly Tales                   162      $9.47      $2.74             .44            08/27/19

9 Twin Brothers                  204      $9.47      $2.23             .39            09/12/19

9 Historical Mysteries        214       $9.47      $2.11             .22            09/12/19

9 Holiday Burglars             210        $9.47      $2.06             .47            09/14/19

9 Tales Golden Triangle     194        $9.47      $2.33              .41            06/09/22

9 Historical Mysteries II    196        $9.47       $2.40              .42            08/09/22

9 Tales Criminal Mind        196        $9.47      $2.38              .48            09/xx/22

31 Mini-Mysteries               170        $9.47      $2.64               .42           09/22/19

Now, can anyone tell me why one of my paperbacks listed on Amazon has a line through the price I set and is being offered at a discounted price? To my knowledge, I did not sign up for any sale or promotion program.