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Old 01-26-2011, 11:51 PM   #1
wallcraft
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Posts: 6,977
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Join Date: Mar 2006
Location: Mississippi, USA
Device: Kindle 3, Kobo Glo HD
Amazon VP at Digital Book World

Dianna Dilworth reported on Russ Grandinetti's presentation at Digital Book World today. From Ken Follett’s Kindle Sales Dropped 48% After $2 Price Increase On Book:
Quote:
the week the publisher switched from the $7.99 Amazon price on the title to the $9.99 publisher determined price, Kindle sales of the book dropped by 48%.
This would be more convincing if longer term sales trends were used.
Quote:
Kindle owners buy 3.3x as many books in the year after purchasing a Kindle than in the year prior
This is presumably only purchases at Amazon. It certainly demonstrates that ebooks are good business for Amazon.

The full report isn't very long, and it is worth reading.
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