So, how much should an e-book really cost?
A while ago there was a poll on Nathan Bransford’s blog, where each visitor could vote on how much should an e-book cost. I was impressed to see that most people voted in the $10 bracket and very few voted for the 0-$4.99 range. Which shows how conscientious we, consumers, really are – or at least those of us who are connected with book publishing.
A recent article in New York Times analyzes the math behind the e-book pricing. The numbers are impressive, and convincing, and on the surface argue for the cause of keeping the e-book pricing high, at least initially. But the article also makes two interesting points. First, e-book profit margins for publishers are higher than print books. And second, e-book prices are kept high on purpose, in order to slow down the consumers’ transition to e-books and to keep the print books in business.
If both are true, can we hope to see e-book prices drop in the near future?
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