I found a new infographic on the cost of ebooks that I’d like to share. Unfortunately, I am sharing it not because of its facts but becuase if its errors.
First, it shows the average sale price for a hardcover as $26. That hasn’t been the real price for quite some time, and it was never the _average_ price.
Second, the infographic shows 2 slices as “retailer profit” and “publisher profit”. That is not profit. It is income. Profit is what you have left over at the end of the year. Also, while the $13 is about the right percentage of the $26 for the retailer’s cut, hardly any retailer actually gets the $13. Most price the book for a heck of a lot less.
But I do like that they included (later in the graphic) an estimate of how many ebooks you’d need to buy to pay off the price of a Kindle. I’m going to use it elsewhere.
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>>>But I do like that they included (later in the graphic) an estimate of how many ebooks you’d need to buy to pay off the price of a Kindle. I’m going to use it elsewhere.
I’d like to know the math they used to come up with that. My own math says it’d take about 8 to pay for a $139 Kindle.
http://mikecane.tumblr.com/post/919523207/price-misperceptions-ebook-readers-versus-ipod
>>>eBook readers have led to a dramatic reduction in a book’s price. I can buy a new Stieg Larsson book in eBook form for $9.99 — it costs $27.95 in printed form! That’s a $17.96 discount!
>>>Somehow the word needs to get out that buying an eBook reader can pay for itself in less than ten new eBook purchases (high-end $17 discount times a little over eight).
I think my math wins because everyday people are more likely to go for those NYT bestsellers that go for $27 in print. (Yes, I know you argue they are not really that price, but buy after the initial introductory discounts and they generally are.)