Quote:
Originally Posted by latepaul
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The problem with ebooks is if I want to read Stephen King's latest book there's only one publisher offering it and with that publisher forcing the same price on all retailers there's no competition for that book. Of course I could go buy a different book that's competition of a sort - but that's like saying "Lettuce is cheaper make a salad instead."
Which is why I think agency pricing is wrong.
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I would like to be driving a Cadillac, but I can only afford a Chevy. Production costs are similar, so pricing should be similar... It is the evil auto industry and their "price fixing" that keeps me from driving the vehicle I
want.
If your desire to read <insert author/book> exceeds your price point, you will buy it. If not, you won't. If your price point is zero, then the waiting list at the library is a good option.
Books are not perfectly substitutes, as the content (the intellectual property) matters. When you are buying an eBook, you are buying a license to the intellectual property only; there are no physical goods (the paper). It is the value of the intellectual property that drives the price of the book, not the physical good.
Same with cars, the value of the design, prestige, etc. of the Cadillac makes it more valuable than the Chevy, not the cost of the parts and assembly.