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Originally Posted by stonetools
I take your point that agency pricing did not allow for certain types of discounting that may have been favorable for smaller retailers. The problem is that even with that Fictionwise had a sliver of the market and may not have been making any money. Heck, if they had been doing well, why sell out to BN?
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Fictionwise sold to B&N AFTER the agency pricing went into effect because there was no way they would have survived. If Fictionwise had not sold to B&N, they'd be out of business. It was sell or die. So they sold. Fictionwise had a working model and a lot of people bought into it because it worked. Agency pricing took that away. Kobo offered a lot more discounts and that helped them. BooksOnBoard offered a lot better reward money to go into your account towards future purchases. What you don't get is all these methods that the smaller shops had to get the customer to buy are not there now because of Agency pricing. Sure Kobo offers discounts and BooksOnBoard offers rewards, but they don;t work like they used to.
Face facts, agency pricing works for the big guys, but the little guys no way.
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Frankly the thought of an Amazon that dominates the market gives me pause.
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Agency pricing helps Amazon as all the little guys have to give up their unique ways of selling that drew in the customers.