Register Guidelines E-Books Search Today's Posts Mark Forums Read

Go Back   MobileRead Forums > E-Book General > News

Notices

Reply
 
Thread Tools Search this Thread
Old 12-13-2010, 10:43 AM   #1
Wetdogeared
Grand Sorcerer
Wetdogeared ought to be getting tired of karma fortunes by now.Wetdogeared ought to be getting tired of karma fortunes by now.Wetdogeared ought to be getting tired of karma fortunes by now.Wetdogeared ought to be getting tired of karma fortunes by now.Wetdogeared ought to be getting tired of karma fortunes by now.Wetdogeared ought to be getting tired of karma fortunes by now.Wetdogeared ought to be getting tired of karma fortunes by now.Wetdogeared ought to be getting tired of karma fortunes by now.Wetdogeared ought to be getting tired of karma fortunes by now.Wetdogeared ought to be getting tired of karma fortunes by now.Wetdogeared ought to be getting tired of karma fortunes by now.
 
Wetdogeared's Avatar
 
Posts: 5,689
Karma: 5748133
Join Date: Nov 2008
Location: Maritime, Canada
Device: S0ny PRS-300/350/505/700/T1
Pricing the way it shouldn't be.

I usually anxiously await new releases from author Peter Robinson and his Inspector Banks series.

At these current prices (available from Canada), I can wait:

Sony's Reader Store. $18.19
Kobobooks. $15.99
Amazon Kindle. $14.29
Wetdogeared is offline   Reply With Quote
Old 12-13-2010, 11:07 AM   #2
Lemurion
eReader
Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.
 
Lemurion's Avatar
 
Posts: 2,617
Karma: 4426814
Join Date: Aug 2007
Device: iPhone 3GS; Kindle 4 (Black); Nook HD+
Quote:
Originally Posted by Wetdogeared View Post
I usually anxiously await new releases from author Peter Robinson and his Inspector Banks series.

At these current prices (available from Canada), I can wait:

Sony's Reader Store. $18.19
Kobobooks. $15.99
Amazon Kindle. $14.29
I'd wait too, though in fairness, it is currently in hardcover, so I wouldn't be expecting paperback-level prices yet anyway. I'd think something like $12.99 would be appropriate at the moment - dropping to $6.99 when the paperback is available.
Lemurion is offline   Reply With Quote
Old 12-13-2010, 11:27 AM   #3
murraypaul
Interested Bystander
murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.
 
Posts: 3,224
Karma: 10210627
Join Date: Jun 2008
Device: Sony PRS505, Nook Color(CM7), iPad3
Quote:
Originally Posted by Lemurion View Post
I'd wait too, though in fairness, it is currently in hardcover, so I wouldn't be expecting paperback-level prices yet anyway. I'd think something like $12.99 would be appropriate at the moment - dropping to $6.99 when the paperback is available.
I also have no particular objection to high pricing when first released, I'm used to ignoring books when only the hardback is released. What I do object to is that all of his backlist books are a fixed $7.99, or about twice what you can get the paperbacks for.

A more egregious example is the pricing of Agatha Christie eBooks.
The Moving Finger was first published 68 years ago. It has, by any conceivable measure, covered its costs. It, along with a bunch of other Christie works, are a fixed $6.99. You could pick it up for a buck or two at any secondhand bookstore.

Last edited by murraypaul; 12-13-2010 at 11:31 AM.
murraypaul is offline   Reply With Quote
Old 12-13-2010, 12:00 PM   #4
Kali Yuga
Professional Contrarian
Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.
 
Kali Yuga's Avatar
 
Posts: 2,045
Karma: 3289631
Join Date: Mar 2009
Device: Kindle 4 No Touchie
Quote:
Originally Posted by murraypaul View Post
A more egregious example is the pricing of Agatha Christie eBooks. The Moving Finger was first published 68 years ago. It has, by any conceivable measure, covered its costs.
That's nice, but prices aren't indexed to costs. They're based on demand and other factors.


Quote:
Originally Posted by murraypaul
It, along with a bunch of other Christie works, are a fixed $6.99. You could pick it up for a buck or two at any secondhand bookstore.
Used is not a valid price comparison.

Not that price comparisons ought to matter, really. The better question is whether the price matches what customers are willing to pay. If they are, then the price is justified. If they aren't, the publisher will feel market pressures to reduce the price.
Kali Yuga is offline   Reply With Quote
Old 12-13-2010, 12:13 PM   #5
murraypaul
Interested Bystander
murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.
 
Posts: 3,224
Karma: 10210627
Join Date: Jun 2008
Device: Sony PRS505, Nook Color(CM7), iPad3
Quote:
Originally Posted by Kali Yuga View Post
That's nice, but prices aren't indexed to costs. They're based on demand and other factors.
That was added specifically to head off the argument that is usually made when complaining about prices, that eBooks can't be made very cheap because of all the upfront costs that have to be covered.

Quote:
Used is not a valid price comparison.
Really, why not? Is it where I would be buying the books instead.
None of the factors that would make one prefer a new book (better condition, better resale value) apply to eBooks.
It is perfectly realistic when looking at a ~70 year old, huge volume selling book to say that the competition for this edition is a used book.

Quote:
Not that price comparisons ought to matter, really. The better question is whether the price matches what customers are willing to pay. If they are, then the price is justified. If they aren't, the publisher will feel market pressures to reduce the price.
With any normal product, it would be retailers (who actually deal with customers, after all) who would react to market needs. Here, they can't.
murraypaul is offline   Reply With Quote
Old 12-13-2010, 01:49 PM   #6
jehane
Book addict
jehane ought to be getting tired of karma fortunes by now.jehane ought to be getting tired of karma fortunes by now.jehane ought to be getting tired of karma fortunes by now.jehane ought to be getting tired of karma fortunes by now.jehane ought to be getting tired of karma fortunes by now.jehane ought to be getting tired of karma fortunes by now.jehane ought to be getting tired of karma fortunes by now.jehane ought to be getting tired of karma fortunes by now.jehane ought to be getting tired of karma fortunes by now.jehane ought to be getting tired of karma fortunes by now.jehane ought to be getting tired of karma fortunes by now.
 
Posts: 393
Karma: 2075794
Join Date: Jun 2010
Location: Antarctica/Australia/Ohio
Device: Sony PRS-300/T1/Asus TF101
Quote:
Originally Posted by murraypaul View Post
A more egregious example is the pricing of Agatha Christie eBooks.
The Moving Finger was first published 68 years ago. It has, by any conceivable measure, covered its costs. It, along with a bunch of other Christie works, are a fixed $6.99. You could pick it up for a buck or two at any secondhand bookstore.
Most of them are available for 5.99USD here. I find it ironic that there are more ebooks available for the US than the UK.

While I can understand your point about used prices, it's not really a fair comparison. How much would you (or the general consumer) be prepared to pay for a new mmpb copy? I would say that 5.99USD is a reasonable price, provided it's a professionally produced work.
jehane is offline   Reply With Quote
Old 12-13-2010, 02:00 PM   #7
Lemurion
eReader
Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.Lemurion ought to be getting tired of karma fortunes by now.
 
Lemurion's Avatar
 
Posts: 2,617
Karma: 4426814
Join Date: Aug 2007
Device: iPhone 3GS; Kindle 4 (Black); Nook HD+
Quote:
Originally Posted by murraypaul View Post
That was added specifically to head off the argument that is usually made when complaining about prices, that eBooks can't be made very cheap because of all the upfront costs that have to be covered.
Just because prices aren't indexed to costs, does not mean that costs don't set a price floor. As a general rule, indexing controls the top end of price ranges, not the bottom.
Lemurion is offline   Reply With Quote
Old 12-13-2010, 02:07 PM   #8
J. Strnad
Guru
J. Strnad ought to be getting tired of karma fortunes by now.J. Strnad ought to be getting tired of karma fortunes by now.J. Strnad ought to be getting tired of karma fortunes by now.J. Strnad ought to be getting tired of karma fortunes by now.J. Strnad ought to be getting tired of karma fortunes by now.J. Strnad ought to be getting tired of karma fortunes by now.J. Strnad ought to be getting tired of karma fortunes by now.J. Strnad ought to be getting tired of karma fortunes by now.J. Strnad ought to be getting tired of karma fortunes by now.J. Strnad ought to be getting tired of karma fortunes by now.J. Strnad ought to be getting tired of karma fortunes by now.
 
J. Strnad's Avatar
 
Posts: 916
Karma: 3438164
Join Date: Feb 2009
Device: Kobo, Kindle 3, Paperwhite
I think that publishers are missing a bet when they don't price ebooks on out-of-print titles to compete with used paper book prices. They don't have to go down to $1 to compete with the bargain bins, but going to $2.99 or $3.99 would compete very well with musty paperbacks.

The bargain priced ebook may not bring much profit to the publisher, but it's certainly more than a used paper book provides, which is nothing.
J. Strnad is offline   Reply With Quote
Old 12-13-2010, 02:13 PM   #9
Ankh
Guru
Ankh ought to be getting tired of karma fortunes by now.Ankh ought to be getting tired of karma fortunes by now.Ankh ought to be getting tired of karma fortunes by now.Ankh ought to be getting tired of karma fortunes by now.Ankh ought to be getting tired of karma fortunes by now.Ankh ought to be getting tired of karma fortunes by now.Ankh ought to be getting tired of karma fortunes by now.Ankh ought to be getting tired of karma fortunes by now.Ankh ought to be getting tired of karma fortunes by now.Ankh ought to be getting tired of karma fortunes by now.Ankh ought to be getting tired of karma fortunes by now.
 
Ankh's Avatar
 
Posts: 713
Karma: 2003741
Join Date: Oct 2008
Location: Ottawa, ON
Device: Kobo Touch
Quote:
Originally Posted by J. Strnad View Post
The bargain priced ebook may not bring much profit to the publisher, but it's certainly more than a used paper book provides, which is nothing.
And certainly more that a lost sale to Darknet provides, which is, again, nothing.
Ankh is offline   Reply With Quote
Old 12-13-2010, 02:25 PM   #10
rogue_librarian
Guru
rogue_librarian ought to be getting tired of karma fortunes by now.rogue_librarian ought to be getting tired of karma fortunes by now.rogue_librarian ought to be getting tired of karma fortunes by now.rogue_librarian ought to be getting tired of karma fortunes by now.rogue_librarian ought to be getting tired of karma fortunes by now.rogue_librarian ought to be getting tired of karma fortunes by now.rogue_librarian ought to be getting tired of karma fortunes by now.rogue_librarian ought to be getting tired of karma fortunes by now.rogue_librarian ought to be getting tired of karma fortunes by now.rogue_librarian ought to be getting tired of karma fortunes by now.rogue_librarian ought to be getting tired of karma fortunes by now.
 
rogue_librarian's Avatar
 
Posts: 973
Karma: 4269175
Join Date: Apr 2010
Location: Europe
Device: Pocketbook Basic 613
Quote:
Originally Posted by Kali Yuga View Post
Used is not a valid price comparison.
Actually, it often is, certainly if all I care about is getting (legal) access to the text. It's certainly a price point that ebooks need to compete with for a (not too small) segment of the market.

Quote:
The better question is whether the price matches what customers are willing to pay. If they are, then the price is justified. If they aren't, the publisher will feel market pressures to reduce the price.
Ah, laissez-faire capitalism. Spoken like a true American.
rogue_librarian is offline   Reply With Quote
Old 12-13-2010, 02:41 PM   #11
luqmaninbmore
Da'i
luqmaninbmore ought to be getting tired of karma fortunes by now.luqmaninbmore ought to be getting tired of karma fortunes by now.luqmaninbmore ought to be getting tired of karma fortunes by now.luqmaninbmore ought to be getting tired of karma fortunes by now.luqmaninbmore ought to be getting tired of karma fortunes by now.luqmaninbmore ought to be getting tired of karma fortunes by now.luqmaninbmore ought to be getting tired of karma fortunes by now.luqmaninbmore ought to be getting tired of karma fortunes by now.luqmaninbmore ought to be getting tired of karma fortunes by now.luqmaninbmore ought to be getting tired of karma fortunes by now.luqmaninbmore ought to be getting tired of karma fortunes by now.
 
luqmaninbmore's Avatar
 
Posts: 1,143
Karma: 1217499
Join Date: Oct 2008
Location: Baltimore
Device: Toshiba Thrive, Kobo Touch, Kindle 1, Aluratek Libre, T-Mobile Comet
Quote:
Originally Posted by Kali Yuga View Post
That's nice, but prices aren't indexed to costs. They're based on demand and other factors.



Used is not a valid price comparison.

Not that price comparisons ought to matter, really. The better question is whether the price matches what customers are willing to pay. If they are, then the price is justified. If they aren't, the publisher will feel market pressures to reduce the price.
Ah, yes, the invisible hand at work. How's that working out for your pension? If people who hold a monopoly are able to use it to successfully extort a higher price, it's justified? How is this anything other than a might-makes-right argument?
luqmaninbmore is offline   Reply With Quote
Old 12-13-2010, 02:42 PM   #12
JeremyR
Guru
JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.
 
JeremyR's Avatar
 
Posts: 969
Karma: 2458216
Join Date: Aug 2010
Location: St. Louis
Device: Kindle Keyboard, Nook HD+
Quote:
Originally Posted by rogue_librarian View Post
Ah, laissez-faire capitalism. Spoken like a true American.
Except it's not.

That means without government meddling, which would include copyright. Without copyright, you'd see copies of books priced only slightly above costs (and free on the internet, though of course people would try to charge money for it if they could).

But with the government basically being the enforcer of the media companies, extending copyright forever (as opposed to the original reasonable length ones), the government has created an artificial monopoly.
JeremyR is offline   Reply With Quote
Old 12-13-2010, 02:51 PM   #13
Kali Yuga
Professional Contrarian
Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.
 
Kali Yuga's Avatar
 
Posts: 2,045
Karma: 3289631
Join Date: Mar 2009
Device: Kindle 4 No Touchie
Quote:
Originally Posted by murraypaul View Post
That was added specifically to head off the argument that is usually made when complaining about prices, that eBooks can't be made very cheap because of all the upfront costs that have to be covered.
...and my argument is that prices are based largely on demand, not costs. In fact, the whole idea of "turning a profit" is based on paying off the initial costs, and covering your ongoing costs (royalties, taxes, additional marketing).

Meanwhile, the estate would probably throw a fit if the ebook was priced at $1.99. That not only means less revenue, it also means cheapening the value of one of the most popular authors ever.

I.e. it's largely irrelevant if the book has already earned back all of its costs.


Quote:
Originally Posted by murraypaul
Really, why not? Is it where I would be buying the books instead.
When determining what you are willing to pay, do you compare the cost of a new 2011 BMW 328i to the cost of a 1985 BMW 325i with 75,000 miles on it?


Quote:
Originally Posted by murraypaul
None of the factors that would make one prefer a new book (better condition, better resale value) apply to eBooks.
Yet another reason why it's not a fair comparison.

You are entitled to say "$7 is more than I'm willing to pay for that ebook," but that still doesn't justify using a 30 year old, yellowed, broken-spined, dog-eared, coffee-stained used mass market paperback as a viable comparison point.


Quote:
Originally Posted by murraypaul
With any normal product, it would be retailers (who actually deal with customers, after all) who would react to market needs. Here, they can't.
Right, now it's the publishers who set the prices and react to market forces.

Don't forget, with ebooks the publishers should be getting sales data almost as fast as the retailers -- and from a more diverse range of sellers. There is no particular reason why they will have any less incentive to adjust prices than a retailer.
Kali Yuga is offline   Reply With Quote
Old 12-13-2010, 03:22 PM   #14
Kali Yuga
Professional Contrarian
Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.Kali Yuga ought to be getting tired of karma fortunes by now.
 
Kali Yuga's Avatar
 
Posts: 2,045
Karma: 3289631
Join Date: Mar 2009
Device: Kindle 4 No Touchie
Quote:
Originally Posted by luqmaninbmore View Post
Ah, yes, the invisible hand at work. How's that working out for your pension?
Not bad, thanks for asking. It's probably doing better than, oh, those Greek state-run pensions. Just a guess.

(I actually don't believe in many of the concepts attributed to the Invisible Hand, by the way, but I do think companies have the right to make profits.)


Quote:
Originally Posted by luqmainbmore
If people who hold a monopoly are able to use it to successfully extort a higher price, it's justified?
I'd put it more like this:

When dealing physical goods, retailers are essentially buying a huge lot on spec, holding them in inventory, and are responsible for fulfillment. These costs, while not huge and somewhat mitigated by returns, do create risks for the retailer which in turn justify control over pricing.

With digital goods, not so much. No one is complaining about the App Store allowing software publishers to set their own prices, and let's face it, you've got to be pretty extreme to slam Smashwords or Amazon's DTP for giving authors/publishers full control over prices. Publishers also ought to get enough pricing information to indicate "hey, we should try cutting the price a little bit."

Nor are monopolies inherently evil. The problem arises when they engage in anticompetitive behavior. Even then, some people find ways to justify it; for example, many utilities in the US are given local monopolies. Also in the US, Amazon's share of the (paper) book market is extremely high, nearly 70%. One man's monopolist is another man's downtrodden hero, I guess...

Last edited by Kali Yuga; 12-13-2010 at 03:25 PM.
Kali Yuga is offline   Reply With Quote
Old 12-13-2010, 03:36 PM   #15
leebase
Karma Kameleon
leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.
 
leebase's Avatar
 
Posts: 1,531
Karma: 4244347
Join Date: Aug 2009
Device: iPad, iPhone 4S
Quote:
Originally Posted by murraypaul View Post
Really, why not? Is it where I would be buying the books instead.
Which is exactly why I wrote "you don't matter and never did". If buying used books is your practice, it's fine. But the opinion of a used book buyer doesn't matter a hill of beans to the publishers when it comes to pricing new release books.

Just wait like you always have, someone will buy the book, read it, and then get $.25 selling the book, and then you can buy it.

Lee
leebase is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Pricing the way it should be? jhempel24 News 6 12-13-2010 10:46 AM
Pricing markstani Writers' Corner 15 10-29-2010 09:16 PM
Possible EU pricing Crowl Apple Devices 22 05-11-2010 03:40 AM
Unutterably Silly Amazon's 9.99 Pricing Strategy vs Publishers Pricing Models poohbear_nc Lounge 0 04-12-2010 11:32 AM
Classic Pricing geneaber Barnes & Noble NOOK 10 11-03-2009 07:27 PM


All times are GMT -4. The time now is 05:06 AM.


MobileRead.com is a privately owned, operated and funded community.