Quote:
Originally Posted by darryl
I don't think Amazon is in a position to decree an end to what you refer to as Lexus type books.
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And they aren't calling for that.
At all.
They explicitly allow for higher prices for titles that can reasonably justify higher prices.
Amazon isn't talking of $9.99 as a hard cap but as baseline: you start at $9.99 and move from their, but only when it makes sense for that specific title.
The biggest failing of the original agency scheme (aside from hurting everybody but Amazon) was its straitjacket pricing on midlisters and newcomers at $14.99 while the big-name authors got a boost at $12.99. With Patterson and King at $12.99, what chance did Joe Newcomer have at $14.99?
No wonder the two tier pricing collapsed quickly.