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He made considerably more money selling at 99c than he had made selling at $2.99 the month before. And that is even though he only gets 35% of the cover price at 99c rather than 70% at $2.99. Also interesting to note that he was making more money in the last 15 days at 99c than the first 15, so it wasn't simply an immediate burst of sales, but the effect of getting into the top sales lists.
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"The List" is now selling at $2.99. That's pretty much proof positive that Konrath believes that he can make more money selling it at a permanent price of $2.99 than at $0.99. He is the publisher and therefore has complete control over the price.
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Feel free to point out where in this thread I said that permanently pricing an eBook at 99 cents was the best strategy for making money. Oh wait, I didn't. I was talking about freebies-deals-promotions, which would indicate that I thought experimenting with price fluctuations is a good thing. After all, it's not a "promotion" if it's permanent.
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Well, if you are saying that offering sales and freebies are a good way of promoting books, well... OK. Can't dispute that, then.
I would point out also that you seemed to be claiming that agency pricing prevented sales and discounts. It doesn't. It just means that the publisher has to agree to the deal , instead of the retailer just deciding to offer it independent of the publisher.Just thought I'd clear that up.