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Originally Posted by leebase
It’s a correct opinion too. It’s not really so hard to figure.
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Well, no.
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A person who buys a hard back book during the new release price window puts more money into the pocket of the author (and yes, the complete pipeline) than the person who pays a nickel for a used paperback at a garage sale.
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But that's not what we talking about. First, let's get rid of the nickel buyer of the used copy as irrelevant. Heck, he could even pay ten bucks for it, it would still be bupkes for the author and no one's claiming differently.
But on new copies, it's aggregates that matter, not individuals. One person who buys the hardback is going to put much less money into the author's pocket than a thousand who buy the paperback. I'm not really claiming that there's a thousand to one ratio, but more people are going to buy at a cheaper price, and that's a given. It's the tradeoff between the two, and managing the price so as to maximize income at every possible gradation, that maximizes profits and payoff to the author as well. And in fact, it's the hoi polloi who subsidize the elite.