Quote:
Originally Posted by fjtorres
And if the price is low, so is the profit.
The point of the original article is that in the low-price arena *nobody* is going to be lower than the ebookstore guys. Not for long. And nobody is going to invest millions in design and marketing to make a living off peanuts; companies aren't in business as a public service, they're in the game to make money for their owners.
*My* point is that would-be competitors need a value-add model where they add compelling features to justify a premium price; that just shipping a barebones reader that simply opens epubs and maybe PDFs isn't going to get you very far against the Nooks and Kindles of the world. Minimalist readers are *not* going to be a sustainable business, not when the ebookstore guys are shipping readers with a pretty decent feature sets at minimal prices.
Take a look at the new features on the K3; Amazon didn't just drop prices, they added functionality.
http://www.teleread.com/2010/08/01/u...-the-kindle-3/
And they're moving to retail, to boot.
There's room to compete but not at the bottom; to survive you need to offer a *more* robust reading experience not a leaner one. |
yes - exactly
Even the cheap readers ala Kindle 3 etc are pretty featured packed. I think the luxury market is going to be tough. It woul dbe like coming up with a luxury MP3 Player to compete with the Ipod nano, classic and touch