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Old 12-03-2010, 10:39 AM   #32
rhadin
Literacy = Understanding
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Posts: 4,833
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Join Date: Dec 2007
Location: The World of Books
Device: Nook, Nook Tablet
Quote:
Originally Posted by mr ploppy View Post
If they discount it too much your commission goes down from 70% to 30%.
A lot of Smashwords titles were priced under the $2.99 floor that Amazon imposes for the 70% author cut. I expect that we will see a sharp increase in pricing to that $2.99 floor. And when it comes about, we can all send Amazon thank yous for taking the first step to raise ebook prices as it exercises its increasing market power.
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