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Hard backs are not priced because of the value of the "hard back". It is demand pricing. If this were not true, then they'd release hardbacks and softbacks at the same time. Why else make the folks who prefer paper backs wait a year before being able to buy that version?
Why do movies not premier at the dollar theater at the same time the appear at the full price theater? Demand pricing.
People who will not pay more than a paperbook price for an ebook -- are no different than folks who never buy hardbacks in the first place. And yes, I'm one of those people. I never by hardbacks because of the price, and that they are huge.
Well, except for my most desired books. I will buy Tom Clancy or Harry Potter hard backs. Why? Because I want to read them so bad, I buy them right away. I don't want to wait a year.
It's the SAME thing with ebooks. All that's changed is Amazon has been prevented from turning the entire NYT Bestseller's into a loss leader for their kindle.
Lee
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