eBook Pricing

Dan Gillmor recently pinned a piece for The Guardian (UK), in which he describes the “great ebook price swindle.” The article struck a chord with me, because I am wondering about the best price for an ebook version of “Butcher, Baker.”
Gillmor’s argument is that (greedy) publishers have adopted the agency model and, in the process, driven up prices of ebooks to the point where they are equal to, and occasionally higher, than the hardcover version. I have written elsewhere that publishing is a three-legged stool — and that the author deals Amazon is offering are less than stellar. Most commentators (including Gillmor) conveniently ignore the author. Indeed, Gillmor makes an argument that I’ve rejected in the past, namely that the current ebook pricing model is solely anti-consumer. But he says one thing that gives me pause:

When new ebooks were $10, I was buying them all the time. In almost all cases, book purchases are impulse buys – something you want to have, right now. I was buying new best-sellers at a rapid rate, and happy to do so… No more. I still buy some e-books, but only at lower prices.

You know, as much as I hate ridiculous royalties, I have no interest in driving buyers away. So here’s what I’m looking at…
The paperback version of “Butcher, Baker” has been selling at anywhere from $8.99 to $25.00. The latter seems too high (and I think I know why that’s happening, BTW. Greedy publisher). The former seems like a bare minimum. And, of course, I know what I’m up against… According to a 2007 study, one in four Americans read no books in the previous year. The Trade Categories (hardcover, paperback and mass market) were down 34.4% from February 2010 from February 2011.
Dan Gillmor speaks to the “impulse buy” in ebook land. I think that’s where I’m headed. After all, “Butcher, Baker” is smack in his comfort zone.

The books I bought this way tended to be mysteries and thrillers – the kind of book purchases I treated like movie tickets, to be read or seen once and then put aside.

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