Thread: It's IMPOSSIBLE to price ebooks too high
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Old 01-21-2011, 12:22 PM   #56
leebase
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Quote:
Originally Posted by JLeighs View Post
You just neatly sidestepped Worldwalker's point.
On the contrary, I demonstrated that ebooks are in competition with the paper versions of the same book. So when Penguin Publishing puts out an ebook of a classic work, and the ebook is priced WAY above what the paper books cost -- then no one is forced to pay Penguin's price EVEN WHEN they are determined to read the book.

Somebody must agree that the advantages of the classic book in e-format is worth the price....enough somebodies....or the ebook simply will not sell at the price set by Penguin.

Now even if you posit that Penguin is both stupid and evil -- it cannot be said that they have pricing power (not just the power to set the price, but to SELL at the price set).

Lee
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