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by TheOtherHobbes
2216 days ago
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The resale value of most books is nowhere near 50% of the original price. The more popular the title and the bigger the print run the less it's worth - until you get to remainder mountain title like 50 Shades of Grey, which are literally worthless, except perhaps as fuel for a wood stove. I had a library with thousands (and thousands) of books. When I moved I decided to get rid of many of them, because decluttering. Long story short - by the time you've allowed for post/carriage, listing time, packaging, and so on, you're more likely to be left with 5-10% of the nominal cover price - and that only after endless hours of work. I donated most of mine, and I still got complaints from the local recycling facility that they were worthless because they were "too obscure" (i.e. pop science, math, stats, and such.) |
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Pulling up a few random books for example https://www.amazon.com/Blindsight-Peter-Watts/dp/0765319640/...
I see I can buy it new for about $11 although I wouldn't be surprised to pay $15 in a physical store. Selling it could get me about 10 but I would have to pay about a buck to amazon and around 3 to ship it for a net of 6.
This is 40% - 55% of original value.
Perhaps more importantly lending or giving them in person arguably gives them the same $10 worth of value. Shipping it to someone produces $10 worth of value for 3.
A book that is shared 3 times has produced $30 worth of value. A book that is shared 10 times has produced $100 worth.
An ebook that you might not be able to read in 10 years is SUBSTANTIALLY less valuable than the physical book.
Adding this value proposition back in and removing DRM that strip actual ownership both laudable goals in themselves are entirely at odds. Artificial scarcity is broken by design and unfixable.