Quote:
Originally Posted by starrigger
Amazon probably pays the publisher a percentage of the price they get.
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Jeff, if that is true, then it would be a revolution is the publishing world. As it currently stands, I can't imagine any major publisher agreeing to such a scheme and letting Amazon set the price.
The standard is that the retailer pays a discounted price for the product, with the discount applied to the suggested retail price. Several publishers have said that Amazon is losing money on every sale of a new bestseller that it sells at $9.99 because Amazon still has to pay the discounted price to the publisher, which is often higher than the retail price Amazon charges.