Quote:
Originally Posted by Catlady
Yes, but sometimes when the library had both the e-book and the audiobook, I would borrow the e-book and buy the audiobook at the reduced price. Now I'm more inclined to just borrow the audiobook unless it's something I really want to own, which means a lost sale for Audible.
And if the library has only the e-book, I'm likely to pass on buying the accompanying audiobook without a price reduction--I'll either read the e-book or borrow a different audiobook. Again, lost sale.
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Totally agree. I assume Audible has a handle on the elasticity of demand, but it will be seeing significantly less money from me. I'm clueless about the profit margins on Whispersync prices so maybe they're better off without those revenues, but I do know it added up to a respectable sum. Not untypically, I suspect, I didn't sweat over Whispersync purchases and in the course of a month would make several.