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And we're saying that with a backlist book, you're competing with Y, that is to say the used book market.
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In many places used book stores were becoming a thing of the past even before ereaders. Especially the high end ones with large inventories where books were sorted by author, subject. genre etc. Replaced mainly by high end coffee shops. I miss them.
But.. if I was looking for a specific older book today, I would probably go ebook if available even if the price was high. After all look at the time I would spend searching, and money I save by making my own coffee.
Helen