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Old 11-26-2007, 10:29 AM   #16
vivaldirules
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Given Amazon's long-term business strategy which they demonstrated in the 1990's for pbooks, I would not expect to see their prices for ebooks, Kindles, and associated services to reflect their actual costs plus reasonable profit margin for several years or at least until they become the clear dominant player in the market (maybe they're already there!). Until then, enjoy the artificially low prices while you can.
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Old 11-26-2007, 11:36 AM   #17
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Originally Posted by Greg G View Post
I'm still thinking that they are banking on people not browsing so much unless they plan to spend money.
I spend a considerable amount of time browsing the Connect store just to add books to my wishlist. I don't purchase very frequently. It may be, however, that when browsing on the Kindle the experience isn't pleasant enough to do it just for kicks, and you'd really want to just do it when you want a book right now and aren't near a computer. Amazon's site might actually be better for browsing than Connect, since they have a much better ratings and suggestion system in place, you could spend a lot longer hopping from title to title on recommendations alone.
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Old 11-26-2007, 11:53 AM   #18
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I'm fairly confident that Bezos' ultimate goal is to convince the publishers themselves that $10 is the 'right' price for bestsellers and new titles and that ultimately they will cover that price reduction themselves.

I actually agree with him on this; due to savings in manufacture and distribution, not to mention the restriction from reselling, electronic media should be heavily discounted compared to the physical alternative.

But good luck getting the publishers on board. Ultimately they view electronic distribution as a threat that makes them an increasingly irrelevant middleman between the creator and the consumer.
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