Quote:
Originally Posted by DMcCunney
I don't think the math quite works that way.
One question is exactly what Amazon pays the publisher.
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Dennis
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Thanks, Dennis, for your comments. I realize it takes a lot of time to think them through and type out here.
I try to look at these things from the publisher's perspective as regards pricing. And they are more concerned (or at least the shareholders and owners are) with overall profit. We are seeing reduced HC sales. We are unable to know why precisely but all possible reasons negatively affect publishers.
The publishers don't receive the full $28 HC retail price nor the $7.99 MMPB or the $9.99 ebook. When we subtract out the retailer's cut, royalties and printing/shipping costs there isnt much left for the publishers. Probably only about $3-4 for the MMPB. Can the publishers survive on that?
Also, I noticed this week that the latest bestseller MM paperbacks were starting to come in at $9.99. Patterson as an example. And it is possible that a year from now this may be the standard price for most paperbacks. The current $9.99+ ebook price may already reflect future MMPB prices.
Customers waiting and hoping for the cheaper MMPB may be disappointed.