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Originally Posted by Barcey
Most consumers don't accept that the publishers have the right to milk new releases for as much as they can get.
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Of course they do. The reverse auction model has been in place for almost 50 years and is highly successful.
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A successful transaction is when both sides are satisfied, it's not when one side gets the absolute most they can and the other side leaves angry.
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If you want a hot new book now, you pay more. If you're willing to wait, you pay less. Both sides are satisfied. And the side-effect is that it allows steeper discounts on the low end.
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Two random anecdotes from my workplace.
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Guess what? When
20,000 people are willing to pay $20 for Follett's latest work, the publishers couldn't give a damn about those who think they're entitled to get it for less.