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To the price thing: The fact that you have to store print books is a factor in why they can be cheaper. It costs money to maintain inventory - both the physica
by bunderbunder 8y ago
To the price thing:
The fact that you have to store print books is a factor in why they can be cheaper. It costs money to maintain inventory - both the physical costs associated with warehousing those books, and the opportunity costs associated with devoting space to them instead of other books you might sell more profitably.
That creates an incentive to cut costs on books that aren't moving quickly, in order to get them out of your warehouse. No such incentive exists for ebooks, so the incentive to keep on charging the sticker price in order to keep yourself out of a JC Penny's situation becomes relatively stronger.
Not to say that this isn't a valid reason to like print books. Just wanted to point out there can be legitimate economic reasons for this sort of situation.