So I've managed to hold steady at about $50-60 a month on my self-published children's book for Kindle. It was originally priced at $0.99, but a month or so ago I changed it to $2.99 to try to cast the book as one that is "worth" more than $0.99. My sales dropped, but with the increased royalty rate the end result, financially, has been about the same. I hit just over $50 in royalties last month.
The question is this: all things being equal on the financial side, in terms of the royalty I receive, do you all feel it is better to have the book listed at $0.99 (increased volume) or $2.99 (hopefully, positioning my work as worth more than $0.99)?