Quote:
Originally Posted by HansTWN
If publishers are adapting, they are doing it the "Kodak way". Too little, too late.
We are talking 9.99, not 0.99. If you cannot make money at that price, then Amazon will indeed eat you for breakfast.
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That's a statement based on wishes not fact. Amazon should be able to sell its Kindle for $19.99 and make a profit. That statement has as much validity as saying that a publisher plus the author plus the retailer can all make money selling no book for more than $9.99. A bold statement unsupported by any factual basis.
I know that a lot of ebookers make the statement but repeating it a million times doesn't make it true. It MAY be true, but no one has yet PROVEN it is true. All of us base our pricing statements on pure conjecture. I admit I do not know that a Random House cannot be profitable selling all of its books at no more than $9.99, but I do know that when I was the head of a small publishing company in the early 1990s, we couldn't.