|
|
|
|
|
by SatvikBeri
4481 days ago
|
|
I think it's price discrimination. As I understand it hardcover books have much higher profit margins. The major fans want to buy a book ASAP and if hardcover is the only option they'll buy that. But if all editions are available from day 1 then a lot of customers will buy the cheapest one. |
|
http://www.nytimes.com/2010/01/24/magazine/24patterson-t.htm...
Here's the section:
"WHAT IS PERHAPS most remarkable about the Patterson empire is the sheer volume of books it produces. The nine hardcovers a year are really only the beginning. Nearly all of those books are published a second and third time, first as traditional paperbacks, then as pocket-size, mass-market paperbacks. “Scarcely a week goes by when we aren’t publishing something by James Patterson,” Young told me, only half-joking."