Quote:
Originally Posted by MikeB1972
As has been stated many times though, ebooks don't really follow other digital media. A lot of people only buy books when they are going to read them, $0.99 or $5.99 they are going to buy pretty much the same amount of books. Sure they may buy the $0.99 book instead of the $5.99 one but they aren't going to buy 6 of them.
A race to the bottom is never a race you want to win.
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Depends on the buyer, many people either have a tendency to give up on books partway through (and may well reason that cheaper books will give them more to sample and a increased chance of liking one) or have a limited book/entertainment budget (in which case they may well be happy to buy six books for the price of one). I, myself, have a weakness for limited-time sales even if it leads to stockpiling.
Personally when a particular book is more then I'm willing to pay, I check my library and if it's not there I'll find another book. This is has been true even if it's a book I particularly want to read and the waiting time is long (I've waited months for a particularly popular book).
However, if it's what I deem to be a fair price then the desirability of owning a new book (or at least as close as I can get) will trump a free read.
I agree that it is possible to charge too little as well as too much and my experience as a buyer indicates that the sweet point will differ for different types of books.