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We are in the very early days for finding the profit-maximizing prices for ebooks. If publishers stand in the way of experimentation, someone else will find the
by KentBeck 16y ago
We are in the very early days for finding the profit-maximizing prices for ebooks. If publishers stand in the way of experimentation, someone else will find the sweet spots (I don't expect there to be just one). I read of a mystery author recently whose sales went up 20x by dropping the price from $3 to $1. The additional profits of finding the optimal price could be enough to offset the publisher's advantages.
It's an interesting dog fight, if you don't have a dog in it. As an author, though, it looks mighty risky.
- tptacek 16y agoThis is the great thing about readership moving from paper books to ebooks: the only thing close to a controlled distribution channel we have is Amazon, and it's in Amazon's best interests to let indies expiriment with the channel.