Quote:
Originally Posted by Kumabjorn
Six of the top ten are Ed McBain 87th Precinct novels. All in just one day. Well, if publishers ever wanted proof that lower prices sell more books, I guess they have it. Also, interesting that book buyers are so price flexible. Wonder if they are different from regular consumers?
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People who purchased all 35 books are different from average book buyers to start with, as demonstrated by the post above, it would take average readers years to get through that many books. So the really price sensitive book buyer is the one who reads 10+ books a month, not 10 books a year.
At $5 a book I wasn't going to purchase any of the newly released Ed McBain ebooks this year and the daily deal got me to spend $30. This sort of volume-sales-at-reduced-price effort only works for known authors who have a large backlist of books, but I'd say it's effective on the segment of buyers who are heavy readers.
If there continue to be regular sales like this by the ebook sellers, then the biggest impact might be on piracy. It's not worth bothering with casual piracy when you will have opportunities all year to buy good books for a buck.