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Originally Posted by pwalker8
I don't necessarily agree.
First, there are many store models other than pure price point. Heck, even if you want to compete on price, you can get around agency pricing simply by using things like loyalty discounts or things like cash back. That's what PetSmart does. I get cash back that I can apply to my next purchase when I buy pet supplies. So, pointing to agency pricing simply implies a lack of imagination by the eBook store.
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Agency doesn't allow discounts by the store. Agency doesn't allow for loyalty rewards to be applied to agency eBooks. That's the problem. That's why stores like Fictionwise and BooksOnBoard went out of business. There business models were unable to work with Agency. That's still the same today. Nothing's changed.