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Originally Posted by rhadin
The real question, I think, is can publishers price books too high for their market.
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That is not the real question yet, imo. Because that one is easy to answer: YES.
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At what point will a consumer not spend the money? I can't answer that as I am atypical.
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That one is the real question that, I think, you are trying to find an answer to. It is maybe not so much about not spending the money, but whom to give it to when buying books. I can't answer that either, as I am not typical either. For me it is not shopping for a certain book and try to find the best price, but rather I shop in my price range and look for the best book I can find there. I am aware that this limits my choices of books. OTOH, if I only look where I can afford, than I never see anything that is too expensive.
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(I spend several hundred dollars a month on books and see no reason why [my wife] should be treated any differently.)
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My point is that I won't voluntarily spend 10 cents on other entertainment media, but don't think twice about buying a book I want. That's because I'm a reader and not a movie-goer or gamer.
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As you mentioned, you are also in the unique position to be able and willing to afford several hundred dollars a month on books. I do not even have that much free money to spend each month on luxuries. My needs are different than your needs in that matter. That is the main reason I signed up with Kindle Unlimited. On average I am able to spend less money on books per month than before. And still I can read more and without having to wait. No excuse prevents me or my wife from reading a book that might have had to wait previously because of money.