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Old 01-25-2011, 08:57 AM   #9
rhadin
Literacy = Understanding
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Quote:
Originally Posted by drv View Post
I'm confused. I thought the publishers set the price. Apparently they set if differently for different vendors. Presumably this is based on volume? Amazon probably sells more than B&N hence Amazon gets a better price. Yes? Something else?
Under the agency system, the publisher sets the minimum sale price. A bookseller can sell the ebook for more, but not less, than the minimum price. And if the bookseller sells the ebook for more than the minimum price, it can discount the book as long as the discount price is no less than the minimum price.
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