Quote:
Originally Posted by daffy4u
One of the first books I purchased was released on the Kindle 8 days after the hard cover release. I haven't run into that problem with other books I've purchased since then. Now, I seem to have to wait up to a week for price drops on some books. Sometimes they start out more expensive than the hard cover. Case in point, "Blood Noir".
5/27/08 morning: Hard cover = $17.13, Kindle version = $20.76.
5/27/08 afternoon: Hard cover = $17.13, Kindle version = $15.42
5/28/08 afternoon: Hard cover = $15.57, Kindle version = $15.42
5/30/09 afternoon: Hard cover = $15.57, Kindle version = $14.01
6/4/08: The Kindle price FINALLY dropped to $9.99
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Shouldn't be a big surprise. Amazon makes more money at the higher price. They can set a high price initially and drop it by increments. Some folks will want the book badly enough to pay "full retail". Others will have different price points.
They can monitor the sales volume and adjust pricing on the fly, settling at the low price once initial sales to folks who just can't wait have peaked.
Personally, I can wait. It's not like I don't have other things to read.
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Dennis