Good news from Smashwords! Indie authors typically don’t make much money unless they’re lucky enough to go viral. As such, it’s great to see companies protecting our modest profits and listening to our concerns.
I keep my prices as absolutely low as possible. Some people think this means I undervalue my work. I don’t. I aim to make my book accessible to people of limited income because I remember the not-so-great feeling of browsing Chapters as a broke student writing down the titles of all the books I wanted to buy when I had the money. That’s like going to Disneyland just to sit outside the gates and look longingly at all the things you can’t enjoy.
I don’t believe in doing douchebaggy things like using DRM protection which only serves to annoy paying customers. So, it’s nice to see Scribd doing this and allowing we indie authors to keep our prices reasonable without worrying so much about pirates cutting into our pay. Way to go guys!