07-29-2014, 08:20 PM | #1 | |
Grand Sorcerer
Posts: 7,038
Karma: 39379388
Join Date: Jun 2008
Location: near Philadelphia USA
Device: Kindle Kids Edition, Fire HD 10 (11th generation)
|
Amazon vs. Hachette Update - It's About Price
Amazon released a statement this afternoon:
http://www.amazon.com/forum/kindle/r...x3J0JKSSUIRCMT Quote:
|
|
07-29-2014, 08:25 PM | #2 |
Wizard
Posts: 2,244
Karma: 7400001
Join Date: Mar 2009
Location: Circling Earth @ Mach .83
Device: Elipsa 2E, Sage, Forma, Libra 2, Clara 2E, Kindle Oasis3, Voyage
|
Thank you for the link, but why the double post?
|
Advert | |
|
07-29-2014, 08:39 PM | #3 | ||
Grand Sorcerer
Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
People have been ragging on Amazon for years, trying to get them to release some of their data. Well, they just have.
Quote:
Quote:
- Indie titles - 30% Amazon, 70% for the author-publisher - Tradpub - 30% Amazon, 70% for the author & publisher, split 50-50 Basically, Amazon is telling Hachette that if they want no-discount agency, then can have it...at $9.99 but not at $14.99. The gloves are off; pass the pringles... Last edited by fjtorres; 07-29-2014 at 08:50 PM. |
||
07-29-2014, 08:50 PM | #4 |
Grand Sorcerer
Posts: 7,195
Karma: 70314280
Join Date: Dec 2006
Location: Atlanta, GA
Device: iPad Pro, iPad mini, Kobo Aura, Amazon paperwhite, Sony PRS-T2
|
That's their assertion, but I don't see any data. How do you measure that? The book either sales for $14.99 or it sales for $9.99. This assumption of book elasticity might be true for generic books, but may not be true when it comes to the big name authors.
But hey, nice attempt at trying to cut off any discussion. Anyone who disagrees with you is sputtering. The standard "No Real Scotsman" fallacy argument in action. |
07-29-2014, 08:58 PM | #5 | ||
Bookaholic
Posts: 14,391
Karma: 54969924
Join Date: Oct 2007
Location: Minnesota
Device: iPad Mini 4, AuraHD, iPhone XR +
|
Quote:
Quote:
|
||
Advert | |
|
07-29-2014, 09:06 PM | #6 | |
Grand Sorcerer
Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
Quote:
And, unlike publishers, they know exactly how consumers react to price changes; they constantly run experiments and collect the data. Last edited by fjtorres; 07-29-2014 at 09:10 PM. |
|
07-29-2014, 09:18 PM | #7 | |
Grand Sorcerer
Posts: 7,038
Karma: 39379388
Join Date: Jun 2008
Location: near Philadelphia USA
Device: Kindle Kids Edition, Fire HD 10 (11th generation)
|
Quote:
They had a choice as to whether to give the more relevant figure, or to try to slip something past us, and choose the latter. Pringles my foot |
|
07-29-2014, 09:48 PM | #8 |
Wizard
Posts: 1,531
Karma: 8059866
Join Date: Oct 2007
Location: Canada
Device: Kobo H2O / Aura HD / Glo / iPad3
|
Interesting, they're happy with the fixed 30% but want the ebooks priced at $9.99. This could be a long time until it's settled. I bet the old wholesale model is looking pretty good to Hachette about now.
|
07-29-2014, 11:14 PM | #9 | |
Grand Sorcerer
Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
Quote:
That release looks fairly mild but there's several implied threats in there that need to be taken seriously. Bringing in the subject of author royalties is a big escalation. If Hachette's royalty accounting is anything less than pristine Amazon can mess them up big with just one PR release. |
|
07-30-2014, 01:17 AM | #10 | |
Guru
Posts: 891
Karma: 8893661
Join Date: Feb 2012
Device: Kindle
|
Quote:
I've got a fair number of Hachette titles. Bought when they seemed to me to be a reasonable price. All under $10. I could easily flush all future Hachette titles without breaking a sweat. If all the large publishers move in lockstep, I'm quite willing to flush them all. |
|
07-30-2014, 04:53 AM | #11 | |
Grand Sorcerer
Posts: 7,195
Karma: 70314280
Join Date: Dec 2006
Location: Atlanta, GA
Device: iPad Pro, iPad mini, Kobo Aura, Amazon paperwhite, Sony PRS-T2
|
Quote:
|
|
07-30-2014, 04:57 AM | #12 | |
Grand Sorcerer
Posts: 7,195
Karma: 70314280
Join Date: Dec 2006
Location: Atlanta, GA
Device: iPad Pro, iPad mini, Kobo Aura, Amazon paperwhite, Sony PRS-T2
|
Quote:
There is a reason that Amazon wants the big 5 publishers to support Amazon's new ebook subscription and why people look to see if there are any ebooks that they are interested in before signing up. There are certainly a group of people who simply want cheap, generic books. The old pulp market was built on that model. For that matter, franchises such as Star Wars and Star Trek are built on that model. However, that doesn't mean that it's the right price model for all books and authors. That is what the fight is about. Amazon considers books just another generic product, like toilet paper. For all their asserts of treating authors well, they see authors as interchangeable cogs in a machine that produces generic product that can easily replaced with someone willing to take less money. Hachette sees value in a specific author and that author's name recognition. The name JK Rowling on a book is going to sell a whole lot more books than then name J Q Public on that same book. Last edited by pwalker8; 07-30-2014 at 05:06 AM. |
|
07-30-2014, 06:33 AM | #13 | |
monkey on the fringe
Posts: 45,477
Karma: 158151390
Join Date: May 2010
Location: Seattle Metro
Device: Moto E6, Echo Show
|
Quote:
|
|
07-30-2014, 06:37 AM | #14 |
monkey on the fringe
Posts: 45,477
Karma: 158151390
Join Date: May 2010
Location: Seattle Metro
Device: Moto E6, Echo Show
|
If that's the case, then why does Hachette even bother selling their books through Amazon? Why don't they pull their catalog and let other retailers sell them? If Hachette had a set, they'd tell Amazon to take a hike.
|
07-30-2014, 06:48 AM | #15 |
Addict
Posts: 283
Karma: 182106
Join Date: Aug 2010
Device: Icarus8, Kindle DXG
|
Because a lot of people shop through Amazon.
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Amazon vs Hachette affecting Whispersync deals? | rguion | Deals and Resources (No Self-Promotion or Affiliate Links) | 2 | 07-13-2014 01:07 AM |
Amazon vs Hachette | leebase | News | 468 | 06-29-2014 05:55 AM |
Hachette's Casual Vacancy - steep price cut | xendula | General Discussions | 5 | 01-08-2013 10:58 AM |
Hachette prices at Amazon | whitearrow | News | 6 | 12-06-2012 07:34 PM |