Quote:
Originally Posted by Solicitous
When I see new books discounted 6 months after release it is usually to do with bookshops clearing out stock that isn't moving as fast as it did when first released....
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I know what you mean, but when I say that "publishers already use dynamic pricing," but I'm not referring to discounts or remainders -- though those do perform the same basic function. I'm referring to hardcover vs paperback.
It may seem that you pay more for the hardcover because it is a higher-quality product than paperback; the reality is that it's window-dressing on demand-based pricing. AFAIK hardcovers do not cost twice or three times as much to manufacture and distribute as paperbacks, and this is why they are "high margin" sales. You're paying more for the hardcover because when the book first comes out, demand is at its peak, and the industry as a whole knows they can charge more for it as a result.