Quote:
Originally Posted by DuckieTigger
That is funny. You are just giving the perfect example why the publisher is mostly interested in keeping the prices high. The higher the price, the bigger the profit margin as a smaller percentage needs to go to the author in royalties.
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Setting a higher price is often not the way to maximize profits. You need to balance the profits per sale against the number of sales. Takes me back to being forced to sit in on discussions about revenue vs. profits, profit maximization, pretty curves on graphs showing profits vs sales with the later 3D graphs trying to handle multiple variables including one memorable one that I thought looked like an attempt at a 3D Mandelbrot bug.