Quote:
Originally Posted by kovidgoyal
@leebase: I really hope publishers listen to you, it will be the end of those publishers  |
We agree. Perhaps you misunderstood. A publisher could put out an ebook at a $1,000,000 price. But no one has to buy said ebook.
Without saying a word, said publisher would find out rather quickly that no one is buying his million dollar ebook.
What about $14.99? No one need say a thing. Either the ebook will sell at that price, or it won't. It does not matter the cost to produce the ebook. It does not matter what effecencies ebook distribution brings. DRM does not change anything.
There are simply too many competitors for the $14.99 ebook (or ebooks of any price) for any company to set "too high a price".
We don't need to lecture the publishers because the publishers have all the incentive they need to "price right". They also have all the information that the rest of us guess over.
You predict that publishers who listen to me would fail. But would they? If someone acted on my words -- and somehow thought that meant "I could price my ebook for a million dollars" -- would they need YOU to tell them how wrong headed that was?
No, they'd have their own sales numbers to tell them if they are pricing right. Publishers simply can't succeed in price gouging in this market as no one has to buy their product -- at ANY price. There is VAST competition. They even have to compete with their OWN products -- the hard back book, the used hard back book the library copy of the hard back book, the coming trade version paper back book and the coming mass market paer back book, and the used copies of those paper back books.
Lee