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Originally Posted by Steven Lyle Jordan
Maybe you want your own thread for this... we're discussing Mark's predictions, here.
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6. Ebook prices to fall – It’s all about supply and demand. Demand is surging, but supply will overwhelm demand. Average ebook prices will decline, despite attempts by Agency 5 publishers to hold the line. The drop will be fueled by the oversupply of books, abundance of low-cost or free non-book content, influx of ultra-price-sensitive readers who read free first, fierce competition for readership, and digitization of reverted-rights and out-of-print books. Indie authors, since they earn 60-70% retail price, can compete at price points big publishers can’t touch.
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Defeating the agency model will lower prices. Especially if we don't have $12.99-$14.99 priced eBooks for new hardcover releases. And, not all the eBooks drop in price when the paperback comes out. I've seen it happen and not happen. Another question, are these lower cost eBook going to be books we want to read? Will we even know enough about them to be able to decide?