View Single Post
Old 02-11-2010, 05:36 PM   #3
Ben Thornton
Guru
Ben Thornton ought to be getting tired of karma fortunes by now.Ben Thornton ought to be getting tired of karma fortunes by now.Ben Thornton ought to be getting tired of karma fortunes by now.Ben Thornton ought to be getting tired of karma fortunes by now.Ben Thornton ought to be getting tired of karma fortunes by now.Ben Thornton ought to be getting tired of karma fortunes by now.Ben Thornton ought to be getting tired of karma fortunes by now.Ben Thornton ought to be getting tired of karma fortunes by now.Ben Thornton ought to be getting tired of karma fortunes by now.Ben Thornton ought to be getting tired of karma fortunes by now.Ben Thornton ought to be getting tired of karma fortunes by now.
 
Ben Thornton's Avatar
 
Posts: 900
Karma: 779635
Join Date: Jan 2010
Location: UK
Device: Kindle 3, iPad 2 (but not for e-books)
The "you and yours" interview had a chap on from faber&faber who said that in their similar experiment, with a book retailing normally at £14.99, most people chose to pay 0, but for those who paid, the mean was about £5 - about a third.

The study above is about a third of the $9.99 benchmark price, which is interesting.

I suspect that people are used to a 1.99/2.99 price on smashwords, though, so in a way I'm surprised that the mean is so high.
Ben Thornton is offline   Reply With Quote