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Customer Discussions > Kindle forum

e-book pricing model


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Showing 1-25 of 80 posts in this discussion
Initial post: Jul 14, 2013 10:08:31 AM PDT
Now that A***e has been convicted of colluding with publishers to set prices, lets assume they lose their (specious) appeal and Amazon is free to set book prices. The current model seems to be one whereby the publisher charges approximately 50% of new hardcover price for popular books. The model I would be willing to live with is Amazon pricing them at paperback levels, i.e. 8 or 9 bucks. I have purchased over 400 books for my Kindles . I don't know how that stacks up with other people's statistics, but I'd buy a lot more if the price were right....

In reply to an earlier post on Jul 14, 2013 10:14:26 AM PDT
Last edited by the author on Jul 14, 2013 10:15:02 AM PDT
Matt says:
I buy them for whatever price I feel is reasonable for the book. Sometimes that means I wait months for a price-drop.

In reply to an earlier post on Jul 14, 2013 10:14:30 AM PDT
Last edited by the author on Jul 14, 2013 10:18:40 AM PDT
K. Rowley says:
"..and Amazon is free to set book prices."

The publishers already settled, even before the Apple case went to trial.

"I have purchased over 400 books for my Kindles."

Over the years, I've bought nearly 2,000 for mine.. Not to mention all the ebooks I bought before there was a Kindle for my palm PDA..

Posted on Jul 14, 2013 11:39:13 AM PDT
Months before the Apple decision most of the big publishers were ruled against. The price of ebooks in general has been dropping back to pre-agency prices. I get roughly 5 or 6 iQ notices a day informing me of price drops on books I am watching. And I wait a couple of days before purchasing because many times there will be another price drop for a book a day or two after the initial drop. :-)

For the most part, unless a book is by an author whom I really, really, reeeeaally like & whose new book I just can't wait to read, I rarely pay more that $7.99 for an ebook. And the majority I buy cost less. That has been my pattern since the first Kindle came out, long before agency pricing. So as far as I was concerned the publishers were just cutting off their nose to spite their face because I simply didn't buy books that cost more.

The only thing I ever really complained about--and still do for that matter--is when publishers bring out books or series that are 50-70 years old and price them at $9.99. Get real guys. And they can't claim that it costs them extra to convert the older books when dtb editions are available which means they are already in computer format. But that's OK, I just don't buy those books until the price drops to a reasonable figure, which they eventually do. I'm patient, I can wait.

In reply to an earlier post on Jul 14, 2013 11:58:16 AM PDT
Geoffrey, I've never bought a book that I didn't think "the price were right". If the price is more than I want to pay, I wait. Since my library numbers in the thousands, I've got plenty of reading material that the "price was right" as well as many years of reading ahead of me.

In reply to an earlier post on Jul 14, 2013 1:08:49 PM PDT
pjf says:
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In reply to an earlier post on Jul 14, 2013 1:13:42 PM PDT
Random House didn't collude and, therefore, didn't settle.

In reply to an earlier post on Jul 14, 2013 1:14:42 PM PDT
Costs has very little to do with setting the price of items. It's called "What the market will bear". Not a scam but the price that will result in the most profit. That is covered in Marketing 101.

The only way that the general public can voice an opinion is by not buying when they feel the price is too high. Obviously enough people are buying so the publishers have no incentive to lower the price.

In reply to an earlier post on Jul 14, 2013 1:15:01 PM PDT
>>>>ditto for the scam of charging new trade paper prices for 50-70 year old ebooks that have been out for decades as MMPB.

Scam? If you don't think those books are worth it, don't buy them. Do you also think it's a scam to charge new trade paper prices for paper books that have been out 50-70 years?

In reply to an earlier post on Jul 14, 2013 1:45:06 PM PDT
King Al says:
But they did agree to end agency pricing when they agreed to merge with Penguin.

Posted on Jul 14, 2013 1:48:46 PM PDT
Jay says:
I got over 2,000 e-books for free. Another 200, or so, cost me between $0.79 and $2.99. Yet another 100 cost me $3.99 to $5.99. I also have 20 audiobooks which cost me $14.95 each. I can't complain about prices. My Kindles were priced very reasonably, and the vast majority of e-books I got for it cost me very little to nothing. If I don't like the price of an e-book, I don't buy it. Waiting a few months, or a couple of years, generally sees the price falling lower. Since I never bought a book from Apple, I don't care what prices were charged by Apple to the folks who did buy from them. I have years worth of reading stored in The Cloud, already, and will get more as time goes by...but I will never pay more than I feel is reasonable for anything. The money I spend on higher priced items-such as the audible books-is funded by the money I save through buying the freebies, and cheapies. On average, my e-books cost between $0.30 and $0.70 each...for about $0.50 apiece. Who can't afford that? If you only buy the latest Best Sellers-while they are Best Sellers-and so pay high prices for everything you buy, the fault for that is YOURS...not the publishers, and not Amazon's. Publishers set prices...at what they feel customers will pay. If you pay what publishers ask-without waiting for price drops, discounts, sales, etc-YOU are to blame for the prices you pay.

In reply to an earlier post on Jul 14, 2013 2:01:40 PM PDT
Bufo Calvin says:
Dittie, actually, Random House will be bound by the terms of Penguin's settlement. It was part of what paved the way for the merger of the two companies.

http://www.justice.gov/atr/cases/f295900/295979.pdf

That was an interesting piece since, as you point out, Random House was not part of the original conspiracy as charged, but adopted an Agency Model much later.

The merger gave the DoJ a lever to essentially include Random House, without them having been part of the legal action.

Posted on Jul 14, 2013 3:19:07 PM PDT
Having high prices for 50-70 year-old books is NOT a scam. But it is ridiculous. For example, the Inspector Gideon books (published in the 50s & 60s) were priced at $9.99 the past couple of years. In recent months the price came down to $8.99. Now, I love the Gideon books, but for me the price is still overboard. The Cherry Ames books were $9.99 & up for a couple of years and now have dropped to $6...I snapped them up. The Ian Fleming books dropped to $7.99 and I'm slowly buying them.

Yes, what is considered reasonable price-wise varies from person to person, but which would be a better course: charge more/sell less or charge less/sell more, a lot more. :-)

In reply to an earlier post on Jul 14, 2013 3:25:26 PM PDT
Last edited by the author on Jul 14, 2013 3:34:34 PM PDT
K. Rowley says:
"The Ian Fleming books dropped to $7.99 and I'm slowly buying them."

The Bond books were a Gold Box Deal / Kindle Daily Deal back in Dec 2012, selling for $1.99 each.. I bought them all. And I think they were a GBD again just last month..

eta. Went and looked in the discount / price drop thread, and the Cherry Ames books were on sale back in Feb this year..

In reply to an earlier post on Jul 14, 2013 3:44:58 PM PDT
Which is all very well, but I think it misses Susan's point. Occasional (brief) sale prices do not justify unreasonably high normal prices.

Posted on Jul 14, 2013 3:45:14 PM PDT
I never remember to check the Gold Box Deals :-D I bought some of the Cherry Ames during that sale, but had to buy the rest later. I remember when they first came out I contacted the publisher about the price. They were adamant...$9.99 or nothing! Perhaps lower sales then wished for had a hand in changing their minds.

In reply to an earlier post on Jul 14, 2013 3:47:41 PM PDT
K. Rowley says:
"Occasional (brief) sale prices do not justify unreasonably high normal prices."

Why not?

In reply to an earlier post on Jul 14, 2013 4:12:03 PM PDT
Surely you're not seriously asking that?

Imagine a washing machine (and, what's more, a 10yo model that's being reproduced exactly as it was when new except for its body being plastic instead of metal) normally priced at $300 more than the competition. Would you really say that price was reasonable just because they occasionally had one-day sales with substantial discounts?

In reply to an earlier post on Jul 14, 2013 4:17:52 PM PDT
K. Rowley says:
What, like this $300 reproduction of an old record player?

Pyle-Home PTCDS3UIP Classical Trumpet Horn Turntable with AM/FM Radio CD/Cassette/USB & Direct to USB Recording

Yeah, I'd wait till it was sale to buy one..

Posted on Jul 14, 2013 4:23:01 PM PDT
M. Kean says:
Current ebook prices would be fine except you aren't allowed to really share in most cases or resell your books. This is something with digital media that there's a tug of war over right now. They're touching the idea of reselling digital goods with the new video game generation; at least they were, but now that they changed some of their policies I' not sure if they still will.
It really keeps me and many people I know from diving into ebooks. Ofcourse publishers still make money when we buy the print version, so they really have no reason to change things.

In reply to an earlier post on Jul 14, 2013 4:26:17 PM PDT
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Posted on Jul 14, 2013 4:27:13 PM PDT
I never did loan out books all that much as they tended not to come back, so that isn't an issue with me.

In reply to an earlier post on Jul 14, 2013 4:32:57 PM PDT
Of course, I can read my ebooks on whichever device I happen to have handy. I can enlarge the font, look up words, and easily keep track of where I am in every single book I own.

I can read the same book at the same time as my sister, who lives 1500 miles away - for one purchase price. No shipping required.

I can get a new book at 2 am without disturbing my sleeping husband. This alone makes ebooks more valuable to me.

I never sold my paperbooks, so selling ebooks isn't important to me. I did give my paperbooks to my sister, but since she lives so far away, that meant shipping them or waiting until I saw her next.

Ebooks and paperbooks have different advantages and disadvantages. For me, the advantages far outweigh any disadvantages. In fact, I can't think of anything that's a disadvantage for me about ebooks. YMMV, of course, and there's nothing wrong with that.

Do what works for you and your needs/wants/priorities.

In reply to an earlier post on Jul 14, 2013 4:39:34 PM PDT
K. Rowley says:
"C) Would you say this one is a reasonable price?"

For something that is pretty much a non-essential luxury item - sure.

Posted on Jul 14, 2013 4:47:18 PM PDT
How much should an eBook cost?

How much does it cost to produce, market, sell, and support an eBook sale?
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Discussion in:  Kindle forum
Participants:  26
Total posts:  80
Initial post:  Jul 14, 2013
Latest post:  Jul 15, 2013

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