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by Kejistan
5978 days ago
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Could you elaborate? AFIK the "fine print" is the requirement that the ebook be at least 20% cheaper than the dead-tree version, that it be priced under $10, that you don't price it lower on some other store and that you enable stuff like text-to-speech. Maybe I'm not thinking like a publisher but that all sounds pretty good. |
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So: you (the publisher) guarantee not to sell ebooks for less than $9.99 elsewhere, and not to publish a dead tree edition for less than $12 ... and Amazon are free to cut their competition off at the knees, sell books for $6, drive their competitors into extinction, and then can raise their price to whatever the market will pay.
Meanwhile, as the author's royalties are a percentage of the SRP, that 10% of SRP cut they're due -- $1.20 of a $12 title -- comes out of whatever Amazon pays you -- $4 in the case of a book they choose to sell for $6 on Kindle. The SRP is set to reflect the price at which the publisher expects to sell enough books to gain sufficient sales to break even -- assuming a 40-50% discount. If the discount goes to 70%, they're in the stinky stuff up to their eyeballs. That $12 ceiling is forced on what was formerly a $24 SRP, and a $14-16 expected sale price. The money has to come from somewhere, and it ain't going to come out of Jeff Bezos' wallet ...