Over the last few weeks, I’ve been trying something different and have an informal poll where you could interact and share your ideas via the comments section of the blog. I thought it would get a few responses, but I was blown away at the level of participation for the first poll – over 1,100 comments, and it has been the most viewed page (of all the pages) of the blog, ever.
If you are reading this post on your e-Ink Kindle or received the post via email, you can always see this week’s poll question if you click here or type in http://wp.me/p2b82w-43g into your web browser.
So, here’s this week’s informal poll question: “What do you believe the fair price of the Kindle version of a new book by a best-selling author should be in relation to the hardback version” Let us know in the comments section just below this post and give us some commentary / details behind your answer as you see fit!
I’ll start it off: I am a firm believer in capitalism, and I also believe people should be paid / rewarded for their efforts. That being said, I believe the Kindle version of a brand new book by a best-selling author should be about half of the hardback version – the price of the hardback version being the price on Amazon and not what the suggested retail price should be.
Why? I could think of a lot of reasons, but I’ll boil it down to this:
• While there are editing costs, there are no printing or manufacturing costs of the Kindle version.
• There are no warehousing / distribution / mailing costs of the Kindle version.
• There is no retail store – and associated rents, overhead, and salaries to be paid for having an electronic version of a book made available as compared to a paper version of a book.
What about you? Please answer away in the comments section below this post on the blog’s website. If you are reading this post on your e-Ink Kindle or received the post via email, you can always see this week’s poll question if you click here or type in http://wp.me/p2b82w-43g into your web browser.
Have a great rest of your weekend!