Thread: Smashwords Moves to Agency Model
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Old 12-03-2010, 12:36 PM   #36
DMSmillie
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Quote:
Originally Posted by rhadin View Post
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.
Why would authors who were previously happy to set a Smashwords list price of less than $2.99 suddenly change that now? Amazon's terms haven't changed.
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