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09-16-2009, 11:23 AM | #1 | |
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E-book of Dan Brown's The Lost Symbol outsells the hardback on Amazon
Beginning of a new era in publishing?
Dan Brown's The Lost Symbol on Kindle is Amazon top seller Quote:
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09-16-2009, 11:27 AM | #2 |
Now what?
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WooHoo - maybe this will send a message to publishers (or their cash flow sheets) that ebooks are a REAL market - and delaying release of ebooks will hit them in the pocketbook!
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09-16-2009, 11:28 AM | #3 | |
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A theory that seems eminently plausible to me. And given how much profit there can be on an overpriced hardcover... perhaps it is even a sensible one... despite being contrary to consumer interests. - Ahi |
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09-16-2009, 11:31 AM | #4 | |
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09-16-2009, 11:38 AM | #5 | |
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- Ahi Ps.: Which doesn't mean publishers aren't greedy... just that some of their greed-oriented actions might be due to genuine financial necessity instead of just some psychotic desire for more cash. |
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09-16-2009, 11:48 AM | #6 |
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"some psychotic desire for more cash"
Ahh - the American way of doing business! Seriously, I understand your points as regards smaller, cash-strapped publishers trying to compete with pbook & ebook formats. But for the main stream publishers, esp. those who had previously hinted at delaying the ebook release to titillate or annoy their readers, this sales response today (IMHO) truly highlights the existence of a sizeable ebook market, the response to the 9.99 pricing, and the power of Amazon. |
09-16-2009, 11:50 AM | #7 | |
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If more of that money went to the publisher, the financial incentive to release eBooks in a timely manner would be greater. - Ahi |
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09-16-2009, 11:55 AM | #8 |
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I may have my tinfoil hat on, but do you think it is a coincidence that the ebook release coincided with the offering of refurbished K1's and K2's at substantially lower prices? Get a Kindle and the new best seller for under $200? What a deal!
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09-16-2009, 11:59 AM | #9 | |
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- Ahi |
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09-16-2009, 12:07 PM | #10 |
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Assuming that its amazon taking the hit on the ebook price and not the publisher then they aren't even losing profits by the ebook version doing better than the hardback version, so maybe they will be able to look at this in a positive manner.
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09-16-2009, 12:27 PM | #11 | |
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- Ahi |
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09-16-2009, 12:32 PM | #12 |
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I thought that the retailers kept moaning that ebooks were being priced at the same price as the hardback versions and that was why pricing wasn't competitive enough, if that is the case then the publisher shouldn't be making less money per copy since the price cutting down to 9.99 is down to amazon not them.
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09-16-2009, 12:38 PM | #13 | |
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If the publisher's list price is $13.95, but it's being bought from them with 35% - 55% discount ($9.07 - $6.28) by Amazon... it makes no difference to them whether Amazon sells it for $13.95, $24.95, or $4.95. Once the sale is made, the publisher will receive their $6.28 - $9.07 from Amazon, and that is the amount that will have to cover all the money they sunk into the book/author. My suggestion was that Amazon, given that all they do is facilitate the duplication of a less than 1 MB file, should perhaps be paying the publishers as much as 80% - 90% of the list price, thereby making publishers profit more from eBooks and feel less of an incentive to hold them back in favour of higher priced paper book sales. - Ahi Last edited by ahi; 09-16-2009 at 12:42 PM. |
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09-16-2009, 12:41 PM | #14 |
Enjoying the show....
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Amazon isn't the only one offering it at this price.
Shortcovers $9.99 http://www.shortcovers.com/mixes/The...htg/page1.html Sony has it for $9.99 http://ebookstore.sony.com/ebook/dan...ost%20Symbol_1 |
09-16-2009, 12:44 PM | #15 |
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Booksonboard.com were doing it for a similar price, but its back up to $25 now despite claiming to still be $9.95 on the front page, which seems a bit cheeky.
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