Quote:
Originally Posted by John F
My assumption is that people would see that my statement was talking about lower price buyers as a whole, your anecdotal and likely don't make an assumption false.
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You made an absolute statement with no qualifiers. In the context of what we are talking about, maximizing publisher profits, I really don't follow why you would assume everyone understood you were only talking about low price buyers. Are you assuming that low price buyers drives book publishers bottom line? I doubt that assumption is true. It's been reported many, many times that best sellers drive the publishers bottom line and best sellers rarely are cheap books.
Any way you look at it, cheap books are very difficult to make money at. It takes a fixed amount of money to publish a book. The figure that I've seen is $50K. Given that the average book sells perhaps 10K-20K copies, then you know how much the average book has to cost to make that back. Add in the author's advance or author's cut, the sellers cut and one quickly sees that cheap books as more likely to lose money than make money.