Thread: Agency pricing
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Old 02-05-2011, 01:29 PM   #16
Andrew H.
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Quote:
Originally Posted by vaughnmr View Post
You might want to verify your assumptions. Amazon recently stated that one of Patterson's ebooks dropped 48% in sales after the cartel raised the price $2.00. I would say that IS being price sensitive.

*Overall,* sales tripled, e-books outsold paperbacks, and agency pricing didn't seem to have much effect. One example of people being price sensitive is meaningless when compared with the aggregate. (Although of course it may matter to James Patterson). That's how statistics work.

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