Quote:
Originally Posted by pwalker8
Publishers may have very little direct contact with specific end-buyers, but they have a whole lot more information than Amazon when it comes to how many books they can sell at what prices for various categories of authors (i.e. well known best sellers, well known mid-tier, etc...). Publishers have been experimenting with various prices points for various types of books for a long time.
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Not really. They have a long history of how many books were distributed at various suggested list prices and how many were returned but I don't believe they have good data on:
1) What price they actually sold at
2) How many times somebody looked for a book then decided not to buy it
3) How many times a user picked up a book to read the description or sample and then didn't buy it
4) How many times somebody put it in their shopping cart and then didn't buy it
5) What book they bought instead, what author and what price
6) What percentage bought used
7) How all the above changed when the price changed
Amazon has a vastly better view of things.