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Old 06-22-2011, 07:44 AM   #124
murraypaul
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Quote:
Originally Posted by leebase View Post
Gee if only the publishers were as knowledgeable as folks on this board on how to REALLY make money. The secret to success is to sell your brand new product priced at used prices. Why I just know that consumers would be a lot more willing to buy an ebook for a nickel than for $12.99, so the publishers are just leaving all those nickels on the table, money they'll never see.
Used books were discussed in relation to Murder on the Orient Express, first published in 1934.
Not exactly a brand new product, and I think it has covered the advance by now.
This almost defines the long tail, and their prime competition is used book sales.
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