Quote:
Originally Posted by fjtorres
Simple currency conversion does't work to measure affordability.
http://www.statista.com/statistics/2...for-a-big-mac/
Going by the Big Mac index ($1.89 in India buys $4.79 of hamburger in US terms) the real cost of the ebook in earning power is over US$12 or about double the US.
That is not cheaper pricing.
Anything that drives pricing higher isn't going to move sales down market. |
That is my point, or at least one of them. Sales are already "up market" in India and are likely to stay that way under the existing system. If a "world price" did in fact turn out to be a higher price for books in India I suspect it would make little difference to the segment of the market able to purchase books there. It would be interesting to see at least some realistic modelling, but if such does exist I doubt it is public. It seems a very poor reason for allowing Publishers to hold the world to ransom.