Thread: Yet another thumb of the nose from publishers
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Old 10-08-2010, 11:10 AM   #52
Barcey
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Quote:
Originally Posted by charleski View Post
Of course they do. The reverse auction model has been in place for almost 50 years and is highly successful.



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.

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.
What percentage of the 20,000 people were satisfied with the transaction?

How many alienated customers have they created?

How many lost sales?
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