If you live in Canada, you know what that means. The US dollar is kicking us in the teeth. I ordered a proof for Mystery Light in Cranberry Cove from CreateSpace—located in the United States—so I checked the exchange rate and almost choked on my tea.
For me to buy one US dollar, I have to pay $1.41 Canadian. Thankfully, I don’t have to order books in bulk at this time because I’m not attending markets. I have a few copies of each if I sell one online or in person.
The other side of this coin is although I price my Shadows in the Stone fantasy novel at $3.99 US on Amazon.com, it sells for $5.62 on Amazon.ca. But it doesn’t have to stay that way. I went into my Book Shelf and adjusted the price. Now both US and Canadian readers will pay $3.99 in their currency.
Amazon gives you the choice to either set one price—the US price—and have the prices for all the other countries set automatically, or you can go in and set each one manually.
My fantasy novel priced at $3.99 on Smashwords too, but again, that is US dollars. I can’t control the price when they distribute to places like Kobo and Barnes & Noble.
While on my Amazon Book Shelf, I adjusted all the Canadian prices to match the US prices. All short stories are $0.99 and novellas and short novels are $2.99. It takes about twelve hours or so for all this to trickle down to the websites. Last night, I received messages from Amazon informing me the prices had been updated.
Have you adjusted your Canadian prices to reduce the financial burden of Canadian readers because of the exchange rate?
Note to Art, the Latties Brook Writer: After our discussion Tuesday night about setting individual prices, I went home and checked: we can set Canada’s price.