Quote:
Originally Posted by CleverClothe
No one has said otherwise and it is written into Amazon's contract. I suppose it is possible they may have some secret deals. But do you think it is likely that Amazon is secretly taking a loss on its most popular merchandise?
It does not seem likely to me.
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I am sure most contracts between a publisher and Amazon are confidential which of course keeps anyone from saying. If you want to call this a "secret" deal, then yes, it is a secret deal.
Until a major publishers publicly states that Amazon pays them only 35% of their retail price then I will never think or believe this is the case.
Do I think Amazon is taking a "loss" on the books... no. Do I think Amazon is discounting the books from the price the publishers want Amazon to sell them at (listed retail price), yes.
Do I really care if I can buy the book I want for less at the Kindle store than a B&N or Sony or Fictionwise... hell no.
BOb