Quote:
Originally Posted by pwalker8
No you are playing the classic "Do you still beat your wife, yes or no" game. Agency pricing does not preclude loyalty programs. That is what I am saying. That was the original question, and that was my answer. Too bad it doesn't fit your little narrative, but that's life sometimes.
|
You keep saying that, but empirically, that is not what is happened in real life. In real life, the retailers kept their loyalty programs but excluded the agency priced works from being eligible for the loyalty program rewards. Unless you have access to the actual contracts and can show us that the contracts did not preclude loyalty programs
on their products, the evidence is against you.
Quite frankly, your example of a loyalty program like REI's where there is an end of year rebate fails the publisher's minimum price requirement. If the retailer gives a 5% rebate on all books, it doesn't matter whether the rebate is given immediately or if it's accumulated and awarded at the end of the year, it still causes the book price to drop below the publisher's minimum price, it's just a timing issue as to when.