Quote:
Originally Posted by pilotbob
Well, best sellers cost less, because they are best sellers. They sell more. Of course, if the loose money on each best seller, they make it up in volume...
BOb
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Quote:
Originally Posted by cmwilson
Something to keep in mind is that Amazon takes 65% of the retail price of each Kindle book. If a book is $9.99, Amazon gets $6.50 (less any discount they offer) and the publisher gets $3.50...
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If cmwilson is correct BOb, then Amazon doesn't really lose money on each sale of a best seller, they just don't make as much money per sale. I'm assuming by what you state is that the profit margin evens out in the end, after the volume of ebooks sold is taken into account.
From cmwilson's statement, it sounds as if Amazon *is* squeezing the publishers for lower prices, they get their 65% whatever the price is.
cmsilson did not disclose what amount/percent the authors royalties were who are not author/publishers like herself.
WDE.