StoryBundle: Pay What You Want Pricing
0The “pay-what-you-want” pricing model is not new. Some have tried it in the past. But it could be a game changer in the e-book industry. Many authors complain about piracy and its effects on book sales. Businesses such as StoryBundle could help combat that. StoryBundle is an online digital book store that sells bundles of e-books. You can pay whatever you want for each bundle. What’s neat is you can also dictate the percentage splits between the authors and StoryBundle.
There is no DRM for the books sold. That means you can read them on your Kindle, iPad, and other devices. The idea is quite solid. It remains to be seen what types of books will be bundled. The first bundle is already available on the site. This could be a neat service to support indie authors through though.
What’s your take? Good idea?