Quote:
Originally Posted by Top100EbooksRank
In the comment section, Mike Shatzkin (well known publishing consultant) wrote this:
http://www.idealog.com/blog/hats-off-to-amazon/
1. According to my understanding, Amazon *always* "made money" (as in "made margin") on the content. I was told by am Amazon executive before agency that 4% of the titles were discounted below cost and they constituted 25% of the sales. The margin made on the other 75% of the sales more than compensated for the "losses". That's what they said and I don't disbelieve them. |
Dang... is that
really Shatzkin admitting that Amazon's basket pricing doesn't constitute predatory pricing? What's the world coming to?
Where
is our favorite Shatzkin-quoting sycophant lately, anyway?