Quote:
Originally Posted by Taylor514ce
Note, I don't think the failure of the model represents my failure as a paying book consumer nor yours as a talented writer. Time to adjust the model... is the software shareware model at all instructive? "Nagware"? What about how forums such as this exist and even make a profit? Advertising, dare I say it? If you want a free version of the book, you'll have to endure an advert every so many pages, otherwise, pay up front?
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Ouch. Wouldn't catch me reading a book with adverts through it. I think Steve Jordan has the perfect model - both for me, and what I perceive as the "public".
People get to sample his work, they get to even read his short stories without spending a coin. And if they like it, they can buy the books.
The only issue I have is with the prices he's charging, I don't think books are price elastic. If I wanted to read a particular book then price it at $2.50, $1.50, $1.00, $8.00, $6.00 it won't make a bit of a difference to me. When the price gets much above 15 dollars, I think that's the point where I'd start to grudge the price.
Most of you I'm sure know what price elasticity of demand is, but for anyone that doesn't... Quite simply it means how prepared people are to buy something as the price changes. If a good is said to be elastic then demand will change greatly, if it's inelastic then demand will not change so drastically.